NOT LISTED FOR SALE

Estimated Value: $700,000 - $861,332

1 Bed
1 Bath
1,006 Sq Ft
$450/mo HOA Fee

Last Sold November 21, 2023

Last sale price $650,000 $646 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,100/month

128 Days on Market

Highlights

  • Fishing
  • 2-minute walk to Pacific Station
  • Great Room
  • Long Beach Polytechnic High School Rated A
  • Harbor Views
  • 5-minute walk to Harvey Milk Promenade Park

About This Home

As of November 2023

Back on the Market!!! Exquisite upper floor, completely remodeled loft in the Historic Landmark Kress Lofts Building. Featuring 8 foot north/south windows, vaulted ceilings, polished concrete floors and a wide open great room floorplan. Kitchen upgrades include all new stainless steel appliances, custom maple cabinetry, carriage doors, marble countertop and breakfast bar, washer/dryer, Subway tile backsplash and range/ stovetop. The great room is adorned with custom built in shelving and cabinets, custom lighting and window treatments. Luxury bathroom adjacent to master bedroom, features additional custom built-ins, subway tile and glass shower with custom light fixtures and recessed lighting. Abundant storage and closet space. Deeded, secure and underground parking space with additional storage unit included. Community rooftop deck offers some of the most scenic panoramic rooftop views of the city of Long Beach. This breathtaking bonus is perfect for brunching, sipping on the morning coffee or twilight vino and using the gas grill. Centrally located in the heart of downtown, getting around is a breeze by foot or scooter to the numerous foodie spots, coffee shops, bars / nightlife, beachfront, Metrolink and so much more…
The Kress is a historic building and residents benefit from a major property tax break due to the Mills Act.

Last Listed By

William Hayward

Y Realty License #01722898 Listed on: 06/30/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,222

Year Built

  • Built in 1925

Lot Details

  • 0.35

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • Harbor
  • Bridge
  • City Lights

Interior Spaces

  • 1,006 Sq Ft Home
  • Great Room
  • Pest Guard System

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Bathroom

Laundry

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

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Two or More Common Walls
  • Urban Location
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 50924
  • Assessor Parcel Number 7280009058

Community Details

Overview

  • Kress Lofts HOA, Phone Number (800) 400-2284
  • Action Management HOA
  • 9-Story Property

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill

Recreation

  • Fishing
  • Horse Trails
  • Bike Trail

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,222

Year Built

Built in 1925

Lot Details

0

HOA Fees

$450 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Refrigerator, dishwasher, washer/dryer, stove, storage shed in garage
  • Property Attached: Yes
  • Subdivision Name Other: Kress Lofts
  • View: Yes
  • Property Sub Type: Loft
  • Property Type: Residential
  • Parcel Number: 7280009058
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1006.00 Square Feet
  • Stories: 9
  • Entry Location: 7
  • Common Walls: 2+ Common Walls
  • Full And Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 646.12
  • Room Type: Great Room, Kitchen

Exterior Features

  • View: Bridge(s), City Lights, Harbor
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, In Closet, In Kitchen, Stackable, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Outdoor Cooking Area, Pest Control, Trash, Sewer, Water, Pet Rules, Pets Permitted, Controlled Access, Hot Water
  • Association Fee: 450.00
  • Association Fee Frequency: Monthly
  • Association Name: Kress Lofts HOA
  • Phone: 8004002284
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Fishing, Gutters, Horse Trails, Sidewalks, Street Lights, Urban
  • Association Management: Action Management

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 15028.00
  • Lot Size Acres: 0.3450

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15028.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 50924

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2021
Sold by
Adams Natasha
Bought by
Loft Penthouse Llc
Total Days on Market
128
Current Estimated Value
$771,583

Purchase Details

Closed on
Jul 1, 2014
Sold by
The Donna Andrews Family Trust
Bought by
Lombard Kenneth and Adams Natasha C

Purchase Details

Closed on
Apr 2, 2014
Sold by
Lombard Kenneth
Bought by
Adams Natasha C

Purchase Details

Closed on
Feb 15, 2011
Sold by
Andrews Donna Lee
Bought by
Andrews Donna and The Donna Andrews Family Trust

Purchase Details

Closed on
May 31, 2002
Sold by
James Jesse and James Karla Kathleen
Bought by
Andrews Donna Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
6.69%

Purchase Details

Closed on
Jun 7, 2001
Sold by
Box George
Bought by
James Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,300
Interest Rate
6.87%

Purchase Details

Closed on
Jan 21, 2000
Sold by
Barnett Robert J and Barnett Louis W
Bought by
Box George

Purchase Details

Closed on
Oct 10, 1997
Sold by
J Peter Block Companies
Bought by
Box George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,175
Interest Rate
7.33%

Range of Values:

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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
Loft Penthouse Llc -- None Available
Adams Natasha C -- None Available
Andrews Donna -- None Available
Andrews Donna Lee $680,000 Old Republic Title Company
James Jesse $599,000 Old Republic Title Company
Box George -- North American Title Co
Box George $439,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Andrews Donna Lee $544,000
Previous Owner James Jesse $419,300
Previous Owner Box George $329,175
Closed Box George $109,725
Closed James Jesse $119,800
Closed Andrews Donna Lee $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2023 11/21/23 Sold $650,000 -2.3% $646 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
10/27/2023 10/27/23 Price Changed $665,000 0.0% $661 / Sq Ft
10/27/2023 10/27/23 For Sale $665,000 +2.3% $661 / Sq Ft
10/27/2023 10/27/23 Off Market $650,000 -- --
10/22/2023 10/22/23 For Sale $669,000 +2.9% $665 / Sq Ft
10/21/2023 10/21/23 Off Market $650,000 -- --
09/19/2023 09/19/23 For Sale $669,000 +2.9% $665 / Sq Ft
09/14/2023 09/14/23 Off Market $650,000 -- --
08/17/2023 08/17/23 Price Changed $669,000 0.0% $665 / Sq Ft
08/14/2023 08/14/23 Rented $6,000 -99.1% --
07/23/2023 07/23/23 Under Contract -- -- --
06/30/2023 06/30/23 For Sale $685,000 0.0% $681 / Sq Ft
06/30/2023 06/30/23 For Rent $6,500 0.0% --
08/02/2022 08/02/22 Sold $750,000 +0.1% $525 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
06/27/2022 06/27/22 Price Changed $749,000 0.0% $525 / Sq Ft
06/27/2022 06/27/22 For Sale $749,000 -0.1% $525 / Sq Ft
06/23/2022 06/23/22 Off Market $750,000 -- --
06/06/2022 06/06/22 For Sale $733,000 -2.3% $513 / Sq Ft
06/02/2022 06/02/22 Off Market $750,000 -- --
05/12/2022 05/12/22 For Sale $733,000 -- $513 / 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 $4,222 $302,000 $45,000 $257,000
2023 $5,811 $430,000 $60,000 $370,000
2022 $5,235 $403,000 $60,000 $343,000
2021 $5,206 $403,000 $60,000 $343,000
2020 $4,565 $347,000 $60,000 $287,000
2019 $4,458 $267,800 $60,000 $207,800
2018 $6,001 $465,367 $69,263 $396,104
2016 $5,518 $447,298 $66,574 $380,724
2015 $5,296 $440,580 $65,574 $375,006
2014 $5,255 $803,401 $118,144 $685,257
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23114043

California Regional Multiple Listing Service (CRMLS)

APN: 7280-009-067