NOT LISTED FOR SALE

Estimated Value: $378,000 - $567,000

1 Bed
1 Bath
585 Sq Ft
$398/mo HOA Fee

Last Sold January 07, 2022

Last sale price $425,000 $726 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,291/month

4 Days on Market

Highlights

  • Fitness Center
  • Automatic Gate
  • 0.7 Acre Lot
  • Long Beach Polytechnic High School Rated A
  • Gated Community
  • Modern Architecture

About This Home

As of January 2022

This beautiful 1 bedroom, 1 bath condo is located in the highly sought after community of the Long Beach East Village. This unit is centrally located within the complex, on the 3nd floor with convenient access to the elevator and stairs. Interior Features Bright & Open floor plan with AC/Heat and inside Laundry. Unit has a Spacious bedroom with mirrored closet and custom closet organizer. Kitchen has stainless steel ready-to-use appliances such as refrigerator, gas stove/oven, microwave & dishwasher. Also this unit has lovely French doors leading out to a private balcony that overlooks the courtyard. Complex amenities are fantastic, Meeting Room, Exercise Room, Rooftop deck offers BBQ & dinning area perfect for entertaining or just simply outdoor sitting and enjoying the downtown skyline. The property is conveniently located near shopping, restaurants and entertainment.

Last Agent to Sell the Property

Judd Matsunaga

LA Citywide Properties, LLC License #00771301 Listed on: 12/02/2021

Last Buyer's Agent

DANIELLA HINOJOS

REALTY ONE GROUP WEST License #02008265

REALTY ONE GROUP WEST

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,797

Year Built

  • Built in 2004

Lot Details

  • 0.7

HOA Fees

  • $398 Monthly HOA Fees

Home Design

  • Modern Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 585 Sq Ft Home
  • Living Room
  • Dining Area
  • Courtyard Views
  • Security Lights

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer

Parking

  • Subterranean Parking
  • Automatic Gate

Additional Features

  • Covered Patio or Porch
  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 7281-012-086

Community Details

Overview

  • 33 Units
  • Association Phone (562) 494-4455

Amenities

  • Sundeck
  • Community Barbecue Grill
  • Meeting Room
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,797

Year Built

Built in 2004

Lot Details

0

HOA Fees

$398 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Street Number Display: Yes
  • Complex Name: Lofts on 4th
  • Entry Floor: 3
  • Living Area: 585
  • Lot Acreage: 0.7011
  • Planned Urban Dev: 0
  • Unit Floor In Building: 3
  • Year Built: 2004
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Mixed
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Elevator, Garbage Disposal
  • Price Per S Q F T: 682.05

Exterior Features

  • Pool: No
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Subterranean

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate, Card/Code Access, Exterior Security Lights, Fire and Smoke Detection System, Gated

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Pet Rules, Conference, Gated Community, Gated Parking, Elevator, Sun Deck, Exercise Room
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 398.14
  • Phone: 5624944455|
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 7281-012-086
  • Lot Size Area: 30538

Multi Family

  • Number Of Units: 33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2021
Closed on
Dec 17, 2021
Sold by
Marks Donald W
Bought by
Lee Alan
Seller's Agent
Judd Matsunaga
LA Citywide Properties, LLC
Buyer's Agent
DANIELLA HINOJOS
REALTY ONE GROUP WEST
List Price
$399,000
Sold Price
$425,000
Premium/Discount to List
$26,000
6.52%
Current Estimated Value
$454,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,640
Avg. Annual Appreciation
1.82%
Original Mortgage
$340,000
Outstanding Balance
$312,753
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$141,887

Purchase Details

Closed on
Nov 22, 2004
Sold by
Team Lofts Llc
Bought by
Marks Donald W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Interest Rate
5.67%
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
Lee Alan $425,000 Provident Title
Marks Donald W $175,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Alan $340,000
Previous Owner Marks Donald W $104,400
Closed Marks Donald W $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2022 01/07/22 Sold $425,000 +6.5% $726 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
12/02/2021 12/02/21 For Sale $399,000 -- $682 / Sq Ft
Source: The MLS

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
2025 $5,797 $451,011 $313,374 $137,637
2024 $5,797 $442,169 $307,230 $134,939
2023 $5,693 $433,500 $301,206 $132,294
2022 $3,022 $229,850 $115,583 $114,267
2021 $2,902 $225,344 $113,317 $112,027
2019 $2,854 $218,662 $109,957 $108,705
2018 $2,779 $214,375 $107,801 $106,574
2016 $2,608 $206,053 $103,616 $102,437
2015 $2,505 $202,959 $102,060 $100,899
2014 $2,487 $198,984 $100,061 $98,923
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-109527

The MLS

APN: 7281-012-086