tomo logo

$699,000

Beds
2
Baths
1.0
sq ft
951

1905 E 1st St Unit Q, Long Beach, CA 90802

1905 E 1st St Unit Q

Long Beach, CA 90802

  • 34 days on market
    • Price drop $16,000↓
Own a piece of historic Long Beach and embrace the warmth and coastal beauty that the iconic Barcelona in Alamitos Beach has to offer. Built in 1928 this vintage Spanish- Revival style Condominium is 1 of 20 uniquely designed units that reside within the serene garden complex. The stunning Spanish style architecture and 13-foot ceiling in the living room provides an open and inviting feel as you enter with arched windows and doorways throughout the home. The living room also boasts a stunning Spanish- modern wrought iron chandelier that sparkles through the perforated stars when lit and is truly charming! Original hard wood floors lead you to a split-level upper hall with stairs adorned with Spanish tile. As you make your way into the newly remodeled kitchen you will find a walk-in pantry and a dining area complete with a newly built in seating bench. Updated bathroom and in unit laundry provide washer and dryer as well for added convenience. Two newly installed AC splits with permits provide an added luxury for those warm summer days! This unit has 1 secured parking space with storage and a beautiful common patio area with fountain. There is so much to see and do as this home is just one block away from the ocean and only steps to Bixby Park! The park is well known for its farmers markets with summer concerts and movies. Bluff Park is also just one block away which overlooks the ocean and offers yoga classes daily. Walking distance from some of the best restaurants and shops in Long Beach!

Details

Property type

Townhouse

Est. home value

$632,417

Lot size

0.3795 acres

Price per sq ft

$736

Year built

1928

Monthly HOA fee

$310.72

Price History

06/29/2024
CRMLS

CRMLS #PW24102127

Price change
$699,000
-2.24%
06/13/2024
CRMLS

CRMLS #PW24102127

Price change
$715,000
-1.92%
05/28/2024
CRMLS

CRMLS #PW24102127

Listed
$729,000
+26.78%

Schools & Community

Neighborhood: 

Alamitos Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

Long Beach Unified

Number of units in community: 

20

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$130,156
Asking price
$699,000
Closing costs (~8% of asking)
-$55,920
Est. remaining loan balance
-$512,924
Cash to seller
$130,156

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Masterman Roche Inc

Loan start date

August 2021

Original loan amount

$546,250

Est. remaining balance

$512,924

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Michael Munoz

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/01/2024 at 8:25 AM

Listing updated: 06/30/2024 at 5:08 PM

Listed by: Sabrina Wayland, Lionheart Pride Phone #: (714) 363-3188

MLS: CRMLS #PW24102127

CRMLS logo

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