NOT LISTED FOR SALE

Estimated Value: $481,000 - $577,000

1 Bed
1 Bath
981 Sq Ft
$743/mo HOA Fee

Last Sold January 23, 2023

Last sale price $475,000 $484 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,183/month

118 Days on Market

Highlights

  • Ocean View
  • 0.46 Acre Lot
  • Meeting Room
  • Long Beach Polytechnic High School Rated A
  • Property is near public transit
  • Patio

About This Home

As of January 2023

Premium South East view condominium facing Ocean Blvd with stunning ocean and Queen Mary views. This is a large 1 bedroom, one of the most sought after units at the Historic Cooper Arms Renaissance Revival style building on Ocean Boulevard in Downtown Long Beach. This captivating unit was upgraded to reflect the traditional historical architectural elements of this beautiful Landmark. The custom faux painting provides soft warm backgrounds for furniture and artwork that rests upon the custom epoxy painted floors, which reflect the rich warm traditional color scheme. The bathroom, with its expanded granite shower, complements the original deco floor and wall tiles. Kitchen with upgraded cabinets and granite counter provides a functional work place to enjoy your favorite recipes. Window coverings were added to provide protection and privacy from the sun but still maintains the ability to enjoy the breathtaking panoramic views. You will enjoy the charming arches, a built-in bookcase in the dining room, a lovely shared balcony in the bedroom window, amazing views of the city and night lights and the ocean over Ocean Blvd, onsite property management, convenient access to East Village, the Downtown Promenade, fantastic restaurants, Shoreline, Long Beach Convention Center and much more.

Last Listed By

Mike Dunfee

Dunfee Real Estate Services License #01191497 Listed on: 08/23/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,325

Year Built

  • Built in 1923

Lot Details

  • 1 Common Wall
  • Density is up to 1 Unit/Acre

HOA Fees

  • $743 Monthly HOA Fees

Property Views

  • Ocean
  • City Lights
  • Neighborhood

Interior Spaces

  • 981 Sq Ft Home
  • Living Room
  • Dining Room
  • Gas Range
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Radiant Heating System

Listing and Financial Details

  • Legal Lot and Block 29 / 114
  • Tax Tract Number 5536
  • Assessor Parcel Number 7281027090

Community Details

Overview

  • 159 Units
  • Cooperarms/Hoa Association, Phone Number (562) 436-3963
  • Cooper Arms HOA
  • Cooper Arms Subdivision

Amenities

  • Meeting Room
  • Laundry Facilities

Security

  • Resident Manager or Management On Site
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,325

Year Built

Built in 1923

Lot Details

0

HOA Fees

$743 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: Appliances
  • Property Attached: Yes
  • Security: Card/Code Access
  • Subdivision Name Other: Cooper Arms (CPA)
  • View: Yes
  • Zoning: LBCB
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7281027090
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 981.00 Square Feet
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Dining Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 484.20
  • Room Type: Kitchen, Living Room

Exterior Features

  • Patio: Yes
  • View: City Lights, Neighborhood, Ocean
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Radiant
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Meeting Room, Call for Rules, Management
  • Association Fee: 743.12
  • Association Fee Frequency: Monthly
  • Association Name: CooperArms/HOA
  • Phone: 5624363963
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights, Urban
  • Association Management: Cooper Arms HOA

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Near Public Transit
  • Lot Size Sq Ft: 19946.00
  • Lot Size Acres: 0.4579

Multi Family

  • Lease Considered: No
  • Lot Size Area: 19946.0000 Square Feet
  • Number Of Units In Community: 159
  • Number Of Units Total: 160

Tax Info

  • Tax Block: 114
  • Tax Census Tract: 5760.01
  • Tax Lot: 29
  • Tax Tract Number: 5536

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2022
Closed on
Dec 21, 2022
Sold by
Monaghan Timothy J
Bought by
Yoss Peter M
Seller's Agent
Mike Dunfee
Dunfee Real Estate Services
Buyer's Agent
Mike Dunfee
Dunfee Real Estate Services
List Price
$565,000
Sold Price
$475,000
Premium/Discount to List
-$90,000
-15.93%
Total Days on Market
118
Views
17
Current Estimated Value
$521,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,890
Avg. Annual Appreciation
5.10%

Purchase Details

Closed on
Oct 22, 2014
Sold by
Krueger Clarence G and Krueger Elaine J
Bought by
Cooper Arms Homeowners Association and Sharp Hoa Management Inc

Purchase Details

Closed on
Aug 20, 2014
Sold by
Cooper Arms Homeowners Association
Bought by
Krueger Clarence G and Krueger Elaine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,980
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2014
Sold by
Krueger Clarence G and Krueger Elaine J
Bought by
Monaghan Timothy J and Peer Mirissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,980
Interest Rate
4.2%
Mortgage Type
New Conventional

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
Yoss Peter M $475,000 Orange Coast Title Company
Cooper Arms Homeowners Association -- Chicago Title Company
Krueger Clarence G -- Chicago Title Company
Monaghan Timothy J $200,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Monaghan Timothy J $232,500
Previous Owner Monaghan Timothy J $214,000
Previous Owner Monaghan Timothy J $179,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2023 01/23/23 Sold $475,000 -4.8% $484 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
11/07/2022 11/07/22 Price Changed $499,000 -5.0% $509 / Sq Ft
10/31/2022 10/31/22 Price Changed $525,000 -1.9% $535 / Sq Ft
09/07/2022 09/07/22 Price Changed $535,000 -5.3% $545 / Sq Ft
08/23/2022 08/23/22 For Sale $565,000 -- $576 / 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 $6,325 $484,500 $306,000 $178,500
2023 $4,200 $319,975 $173,272 $146,703
2022 $3,942 $313,702 $169,875 $143,827
2021 $3,846 $307,552 $166,545 $141,007
2019 $3,785 $298,432 $161,606 $136,826
2018 $3,704 $292,582 $158,438 $134,144
2016 $600 $31,649 $5,370 $26,279
2015 $581 $31,175 $5,290 $25,885
2014 $583 $30,565 $5,187 $25,378
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22185752

California Regional Multiple Listing Service (CRMLS)

APN: 7281-027-090