NOT LISTED FOR SALE

Estimated Value: $576,000 - $646,000

1 Bed
1.5 Baths
922 Sq Ft
$400/mo HOA Fee

Last Sold June 08, 2022

Last sale price $605,000 $656 Per Sq Ft

Current estimated payment $4,443/month

3 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Panoramic View
  • Long Beach Polytechnic High School Rated A
  • Rooftop Deck
  • 0.7 Acre Lot

About This Home

As of June 2022

This beautiful loft on 4th St. offers a relaxed beach vibe and easy going atmosphere. The floor to ceiling windows, vaulted ceilings and skylights allows natural light to illuminate and expand your space. Designed as the perfect California beach living, it is situated at the corner of 4th St. and Alamitos Avenue. 4 blocks from the beach it boasts numerous options for expanded living.

Located in the heart of East Village Arts District, locals enjoy a small-town feel in an urban setting. Extremely walkable, it makes it easy to get around without a need for a car. It is the place for all things art and culture. This neighborhood is known for its vibrant colorful murals, art galleries, museums, and live music which makes it a hotspot and inspirational center for art lovers. Beloved for its eclectic coffee shops, trendy bars and hip restaurants, there is always something to do and see in this creative community. Whether you are an artist yourself or simply want to be surrounded by talented individuals, the East Village Arts District is a place to call home. This is a MUST SEE property!!!

Last Agent to Sell the Property

Marcia Tolentino

Vylla Home, Inc. License #01829351 Listed on: 05/13/2022

Last Buyer's Agent

Zak Kuczynski

GE Dean and Associates License #01966508

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,243

Year Built

  • Built in 2004

Lot Details

  • 1 Common Wall
  • Rural Setting
  • Land Lease

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Panoramic
  • City Lights

Interior Spaces

  • 922 Sq Ft Home
  • Beamed Ceilings
  • High Ceiling
  • Recessed Lighting
  • Dining Room
  • Loft
  • Concrete Flooring

Kitchen

  • Gas Oven
  • Gas Cooktop
  • <<microwave>>
  • Dishwasher
  • ENERGY STAR Qualified Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Concrete Porch or Patio

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 53629
  • Assessor Parcel Number 7281012079

Community Details

Overview

  • 33 Units
  • Lofts On 4Th Association, Phone Number (562) 494-4455
  • Paragon Equities HOA
  • Maintained Community

Amenities

  • Community Storage Space

Recreation

  • Golf Course Community
  • Fitness Center
  • Dog Park
  • Water Sports
  • Bike Trail

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,243

Year Built

Built in 2004

Lot Details

0

HOA Fees

$400 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: LBCCO/
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7281012079
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 922.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Elevator, High Ceilings, Recessed Lighting
  • Common Walls: 1 Common Wall
  • Flooring: Concrete
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Dining Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 656.18
  • Room Type: All Bedrooms Up, Loft

Exterior Features

  • Patio: Yes
  • View: City Lights, Panoramic
  • Patio And Porch Features: Concrete, Roof Top
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Gas Oven, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Central, Forced Air
  • Laundry Features: Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Gym/Ex Room, Storage, Maintenance Grounds, Trash, Pet Rules
  • Association Fee: 400.00
  • Association Fee Frequency: Monthly
  • Association Name: Lofts On 4th
  • Phone: 562 494-4455
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Dog Park, Golf, Watersports, Rural, Sidewalks, Urban
  • Association Management: Paragon Equities

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Size Sq Ft: 30538.00
  • Lot Size Acres: 0.7011

Multi Family

  • Lease Considered: No
  • Lot Size Area: 30538.0000 Square Feet
  • Number Of Units In Community: 33
  • Number Of Units Total: 33

Tax Info

  • Tax Census Tract: 5762.00
  • Tax Lot: 1
  • Tax Tract Number: 53629

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2007
Sold by
Schutmann William
Bought by
Schurmann William and Plasencia Marcos V
Current Estimated Value
$607,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,250
Outstanding Balance
$335,936
Interest Rate
9.12%
Mortgage Type
New Conventional
Estimated Equity
$284,865

Purchase Details

Closed on
Jun 26, 2007
Sold by
Plasencia Marcos V
Bought by
Schurmann William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,250
Outstanding Balance
$335,936
Interest Rate
9.12%
Mortgage Type
New Conventional
Estimated Equity
$284,865

Purchase Details

Closed on
Apr 6, 2004
Sold by
Team Lofts Llc
Bought by
Schurmann William and Plasencia Marcos V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,600
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schurmann William -- Ticor Title Company
Schurmann William -- Ticor Title Company
Schurmann William $312,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schurmann William $378,250
Closed Schurmann William $337,500
Previous Owner Schurmann William $249,600
Closed Schurmann William $62,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2022 06/08/22 Sold $605,000 +5.2% $656 / Sq Ft
05/13/2022 05/13/22 For Sale $575,000 -- $624 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,243 $629,441 $416,784 $212,657
2023 $8,096 $617,100 $408,612 $208,488
2022 $5,359 $409,799 $285,286 $124,513
2021 $5,165 $401,765 $279,693 $122,072
2019 $5,084 $389,851 $271,399 $118,452
2018 $4,962 $382,208 $266,078 $116,130
2017 $119 $374,714 $260,861 $113,853
2016 $4,099 $320,000 $221,500 $98,500
2015 $3,991 $320,000 $221,500 $98,500
2014 $3,258 $252,000 $174,400 $77,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22097422

California Regional Multiple Listing Service (CRMLS)

APN: 7281-012-079