tomo logo

$390,000

Beds
1
Baths
1.0
sq ft
754

360 W Ocean Blvd Unit 107, Long Beach, CA 90802

360 W Ocean Blvd Unit 107

Long Beach, CA 90802

  • 555 days on market
Welcome to the historic Sovereign, an iconic building in Long Beach since being built in 1922. Upon entering the lobby you do get the feel of the 20's and the grand architecture indicative of that era. This one bedroom, one bathroom condo is located on the first floor and is zoned for commercial use as well as living space. The opportunities as an owner of this property are super exciting! The unit faces the back and overlooks an open space. The building stretches 13 stories high and offers a roof top solarium with endless views of the city and the Queen Mary! The building also features a clubroom/party room, on site management and community laundry. The exterior of the building was painted 2019 and has a grand curb appeal. Many owners rent a parking spot from The Pike or surrounding buildings. Located conveniently on Ocean Boulevard and Chestnut Place, you are walking distance to many business, restaurants, Shoreline Village, The Pike, the Terrace Theatre, the Long Beach Convention Center and an incredible city library just to mention a few highlights! Conveniently located to the 710, the 110 and the 405. Walkability score is 90! The Transit score is 74! The Bike score is 79. This is where the city meets the beach!

Details

Property type

Mixed Use

Est. home value

$390,831

Lot size

7,371 sq ft

Price per sq ft

$518

Year built

1922

Monthly HOA fee

$599.04

Price History

09/24/2024
CRMLS

CRMLS #PW23018812

Listed
$390,000
08/25/2024
CRMLS

CRMLS #PW23018812

Removed
$390,000
08/24/2024
CRMLS

CRMLS #PW23018812

Listed
$390,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

Long Beach Unified

Number of units in community: 

88

Seller’s Loan History

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

Lender

Apex Funding Inc

Loan start date

December 2006

Original loan amount

$236,000

Est. remaining balance

Not provided

Interest rate

6.31%

Loan type

Stand Alone Refi (Refinance of Original Loan), 30 year

Seller

Judith Ann Rodriguez

Lender

First Union Mtg Corp

Loan start date

November 2000

Original loan amount

$68,000

Est. remaining balance

$28,838

Interest rate

7.88%

Loan type

Not Provided, 30 year

Seller

Judith Rodriguez

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?

Status: Active

Tomo last checked: 09/27/2024 at 7:15 PM

Listing updated: 09/26/2024 at 8:21 AM

Listed by: Rhonda Cudeback, Keller Williams Pacific Estate Phone #: (562) 513-7800

MLS: CRMLS #PW23018812

CRMLS logo

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