NOT LISTED FOR SALE

Estimated Value: $406,000 - $541,000

1 Bed
1 Bath
585 Sq Ft
$376/mo HOA Fee

Last Sold September 01, 2020

Last sale price $365,000 $624 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,180/month

11 Days on Market

Highlights

  • Fitness Center
  • Ocean Side of Highway 1
  • Contemporary Architecture
  • Long Beach Polytechnic High School Rated A
  • 0.7 Acre Lot
  • Property is near public transit

About This Home

As of September 2020

Contemporary 1Br. 1 BA. condominium unit in the newer-built Lofts on 4th St building in the East Village area of Downtown. The unique design of this corner unit allows for tons of natural light in the unit and only one attached neighbor and no one above you. This home has all hardwood flooring throughout, Corian counters in both the kitchen and bath and comes equipped with stainless sink & appliances including microwave, refrigerator w/ice maker and gas stove/oven. This unit has central a/c, covered balcony, track lighting and includes stacked washer/dryer in the kitchen included in the sale. Enjoy cocktails on you private 8X9'patio overlooking the interior courtyard. Huge rooftop deck offers expansive opportunities for multiple functions at the same time which could include BBQ's, dining and simply enjoying the spectacular downtown skyline steps from your unit. A single parking space is included along with built-in secured cabinetry for storage as well. Possible rental of additional parking space form the HOA is under consideration. Pets are allowed with limitations. State of CA rules of entry: https://tinyurl.com/VistaSIRRulesofEntry

Last Agent to Sell the Property

John Gooding

Vista Sotheby's Int'l Realty License #00479227 Listed on: 07/25/2020

Vista Sotheby's Int'l Realty

Last Buyer's Agent

Daniel Garcia

Century 21 Cornerstone License #01374819

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2004

Lot Details

  • 1 Common Wall
  • Fenced

HOA Fees

  • $376 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Parking Storage or Cabinetry
  • Parking Available
  • Parking Lot
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Turnkey
  • Planned Development
  • Flat Roof Shape
  • Fire Rated Drywall
  • Concrete Perimeter Foundation
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 585 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Track Lighting
  • Blinds
  • Window Screens
  • Living Room with Attached Deck
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring
  • Courtyard Views

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Corian Countertops
  • Pots and Pans Drawers

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Mirrored Closets Doors
  • 1 Full Bathroom
  • Corian Bathroom Countertops
  • Low Flow Toliet
  • Bathtub with Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Stacked Washer and Dryer

Home Security

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Ocean Side of Highway 1
  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 53629
  • Assessor Parcel Number 7281012087

Community Details

Overview

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

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Meeting Room
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Security Service
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2004

Lot Details

0

HOA Fees

$376 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: stove & refrigerator; washer & dryer
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Zoning: LBCCO/
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7281012087
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 585.00 Square Feet
  • Interior Amenities: Built-in Features, Copper Plumbing Full, High Ceilings, Living Room Deck Attached, Recessed Lighting, Storage, Track Lighting, Unfurnished
  • Stories: 3
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Mirror Closet Door(s)
  • Eating Area: Area, In Living Room
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 623.93
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom
  • Window Features: Blinds, Screens
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower In Tub, Corian Counters, Exhaust Fan(s), Linen Closet/Storage
  • Room Kitchen Features: Corian Counters, Pots & Pan Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Concrete Perimeter
  • Exterior Features: Lighting
  • View: Courtyard
  • Fence: Yes
  • Patio And Porch Features: Covered, Patio, Patio Open
  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Built-In Storage, Community Structure, Concrete, Parking Space
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Water Heater
  • Electric: Electricity - On Property, Standard
  • Heating Type: Central, Forced Air
  • Laundry Features: Dryer Included, In Kitchen, Individual Room, Inside, Stackable, Washer Hookup, Washer Included
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Outdoor Cooking Area, Gym/Ex Room, Meeting Room, Storage, Insurance, Maintenance Grounds, Trash, Sewer, Water, Pet Rules, Pets Permitted, Call for Rules, Security, Controlled Access
  • Association Fee: 375.99
  • Association Fee Frequency: Monthly
  • Association Name: Lofts on 4th
  • Phone: 562 494-4455
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban
  • Association Management: Paragon Equities

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • 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: 32
  • Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2020
Closed on
Aug 6, 2020
Sold by
Haas Kellie Leila and The Derrick Fenley Trust
Bought by
Gamez Juan Jose Becerra
Seller's Agent
John Gooding
Vista Sotheby's Int'l Realty
Buyer's Agent
Daniel Garcia
Century 21 Cornerstone
List Price
$359,000
Sold Price
$365,000
Premium/Discount to List
$6,000
1.67%
Current Estimated Value
$455,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,379
Avg. Annual Appreciation
4.24%
Original Mortgage
$346,750
Outstanding Balance
$310,375
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$145,004

Purchase Details

Closed on
Nov 28, 2018
Sold by
Fenley Derrick
Bought by
Fenley Derrick and The Derrick Fenley Trust

Purchase Details

Closed on
May 19, 2004
Sold by
Team Lofts Llc
Bought by
Fenley Derrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,920
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gamez Juan Jose Becerra $365,000 Ticor Title
Fenley Derrick -- None Available
Fenley Derrick $175,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gamez Juan Jose Becerra $346,750
Previous Owner Fenley Derrick $139,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2020 09/01/20 Sold $365,000 +1.7% $624 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
07/25/2020 07/25/20 For Sale $359,000 -- $614 / 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
2025 $5,117 $395,085 $275,153 $119,932
2024 $5,117 $387,339 $269,758 $117,581
2023 $5,024 $379,745 $264,469 $115,276
2022 $4,715 $372,300 $259,284 $113,016
2021 $4,566 $365,000 $254,200 $110,800
2020 $1,308 $227,363 $111,667 $115,696
2019 $2,990 $222,906 $109,478 $113,428
2018 $1,288 $218,536 $107,332 $111,204
2016 $2,654 $210,052 $103,165 $106,887
2015 $2,549 $206,898 $101,616 $105,282
2014 $2,531 $202,846 $99,626 $103,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20147908

California Regional Multiple Listing Service (CRMLS)

APN: 7281-012-087