NOT LISTED FOR SALE

Estimated Value: $534,432

1 Bed
1 Bath
960 Sq Ft
$268/mo HOA Fee

Last Sold February 21, 2024

Last sale price $525,000 $547 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,524/month

132 Days on Market

Highlights

  • Art Studio
  • 0.7 Acre Lot
  • Guest Parking
  • Long Beach Polytechnic High School Rated A
  • Security Service
  • Central Heating and Cooling System

About This Home

As of February 2024

BACK ON MARKET AT NEW, REDUCED PRICE! Introducing this amazing live/work opportunity in the heart of the East Village Arts District. The unit's open floor plan with mezzanine level and outdoor patio offers buyers many options in terms of vision for the space. Its high ceilings and exposed cement walls give the unit a modern industrial feel, while the full kitchen, bathroom, mezzanine living area and central air conditioning provide all the comforts of home. The unit includes two parking spots in the building with additional parking for employees/clients. The neighborhood is full of life with its many restaurants and shopping options. Alamitos Beach is less than a mile away. Dining and entertainment options in Downtown Long Beach are also a short walking distance from the property.

Last Agent to Sell the Property

Enrique Viramontes

Remax Commercial and Investment Realty License #01372010 Listed on: 09/08/2023

Remax Commercial and Investment Realty

Last Buyer's Agent

Oscar Ramos

FODMR Inc License #01480552

FODMR Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,651

Year Built

  • Built in 2004

Lot Details

  • 0.7

HOA Fees

  • $268 Monthly HOA Fees

Interior Spaces

  • 960 Sq Ft Home
  • 2-Story Property
  • Art Studio
  • Concrete Flooring
  • Security Lights

Kitchen

  • Oven or Range
  • <<microwave>>
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Gas And Electric Dryer Hookup

Parking

  • 1 Covered Space
  • Covered Parking
  • Guest Parking
  • On-Street Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 7281-012-055

Community Details

Overview

  • 45 Units
  • Low-Rise Condominium

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Service
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,651

Year Built

Built in 2004

Lot Details

0

HOA Fees

$268 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Low Rise
  • Levels: Two
  • Street Number Display: Yes
  • Complex Name: Lofts on 4th
  • Entry Floor: 1
  • Living Area: 960
  • Lot Acreage: 0.7011
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 2004
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Cement
  • 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 Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Gas Or Electric Dryer Hookup, Microwave, Range/Oven, Refrigerator, Trash Compactor
  • Price Per S Q F T: 520.83

Exterior Features

  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Above Street Level, Covered Parking, Parking for Guests - Onsite
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Community, Exterior Security Lights, Fire Sprinklers, Smoke Detector

Association/Amenities

  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 268.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 7281-012-055
  • Lot Size Area: 30538

Multi Family

  • Number Of Units: 45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2024
Sold by
Romero Ramon R and Romero Ana Maria
Bought by
Romero Ramon R and Romero Ana Maria
Current Estimated Value
$534,432

Purchase Details

Listed on
Sep 8, 2023
Closed on
Jan 23, 2024
Sold by
Fpre Dunrobin Llc
Bought by
Romero Ramon R and Romero Ana Maria
Seller's Agent
Enrique Viramontes
Remax Commercial and Investment Realty
Buyer's Agent
Oscar Ramos
FODMR Inc
List Price
$500,000
Sold Price
$525,000
Premium/Discount to List
$25,000
5%
Views
110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.32%
Original Mortgage
$393,750
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2012
Sold by
Pohlman William C and The William C Pohlman Trust
Bought by
Pohlman Mary Ann and Pohlman William Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.84%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 10, 2010
Sold by
Hale Jonathan and The Wyatt Family Trust
Bought by
Pohlman William C and The William C Pohlman Trust

Purchase Details

Closed on
Mar 12, 2009
Sold by
Pohlman William C and The William C Pohlman Trust
Bought by
Hale Jonathan and The Wyatt Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.19%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 22, 2006
Sold by
Pohlman William C
Bought by
Pohlman William C and The William C Pohlman Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Romero Ramon R -- --
Romero Ramon R $525,000 Fidelity National Title
Pohlman Mary Ann $200,002 Chicago Title Company
Pohlman William C $275,638 Chicago Title Company
Hale Jonathan $300,000 Chicago Title Company
Pohlman William C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Romero Ramon R $393,750
Previous Owner Pohlman Mary Ann $200,000
Previous Owner Hale Jonathan $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2024 02/21/24 Sold $525,000 +5.0% $547 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
01/03/2024 01/03/24 Price Changed $500,000 0.0% $521 / Sq Ft
01/03/2024 01/03/24 For Sale $500,000 -4.8% $521 / Sq Ft
12/22/2023 12/22/23 Off Market $525,000 -- --
10/26/2023 10/26/23 Price Changed $560,000 -8.2% $583 / Sq Ft
09/08/2023 09/08/23 For Sale $610,000 -- $635 / 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
2024 $3,651 $241,444 $78,468 $162,976
2023 $3,577 $236,711 $76,930 $159,781
2022 $3,367 $232,071 $75,422 $156,649
2021 $3,290 $227,522 $73,944 $153,578
2019 $3,230 $220,775 $71,751 $149,024
2018 $3,143 $216,447 $70,345 $146,102
2016 $2,868 $208,044 $67,614 $140,430
2015 $2,758 $204,920 $66,599 $138,321
2014 $3,323 $200,907 $65,295 $135,612
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-309385

The MLS

APN: 7281-012-055