207 E Broadway #201, Long Beach, CA 90802
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207 E Broadway #201 Long Beach, CA 90802

$1,550,000 Sold Price as of 03/01/2022
  • -- Beds
  • -- Baths
  • 2,750 Sq.Ft.
Sold
$1,550,000 Sold Price as of 03/01/2022 Refinance Your Mortgage

Map preview of 207 E Broadway #201, Long Beach, CA 90802

Property Overview: 207 E Broadway #201 Long Beach, CA has -- bedrooms, -- bathrooms, 2,750 living square feet and 5,055 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This Office space comprises the entire 2nd floor of the Historic Insurance Exchange Building. Located in the Heart of Downtown Long Beach on the corner of Broadway and The Promenade, walking distance to fantastic restaurants, bars, and shops. Finished in a Modern loft style design, with tall ceilings, large windows, hardwood floors, used brick and warm wood tones. This space is currently configured with 4 large private offices, large conference room, multiple work stations, library, lobby, lounge, kitchen, 2 bathrooms, shower, laundry, and sauna. The South and West facing walls have large glass windows offering city views and plentiful natural sunlight. Secure entrance with elevator to the private floor. Easy access to public transportation and public parking structure. Close proximity to Beach, Marina, Convention Center, Shoreline Village, and The Aquarium.

Listed by John Lindberg | BRE #01010112 | Re/Max R. E. Specialists
Co-listed by Jamee Lindberg | BRE #01107487 | Re/Max R. E. Specialists
Last checked: 2 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
5,055
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Office
Status
Sold
MLS#
PW21241181
City
Long Beach
County
Los Angeles
Time on Site
927 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 207 E Broadway #201

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Inside
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Near Public Transit, Park Nearby, Walkstreet
  • Lot Size Source: Public Records
  • Common Interest: Condominium
Property Information
  • Parcel Number: 7280019024
  • Year Built Source: Public Records
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Northeast corner of Broadway and The Promenade
View more facts & features

Local Long Beach Agent

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Sale History for 207 E Broadway #201

Last sold for $1,550,000 on March 1st, 2022
  • November, 2021

  • Nov 30, 2021

    Date

    Active Under Contract

    CRMLS: PW21241181

    $1,625,000

    Price

  • March, 2021

  • Mar 31, 2021

    Date

    Sold

    CRMLS: PW20161207

    $1,450,000

    Price

  • Feb 22, 2021

    Date

    Pending

    CRMLS: PW20161207

    $1,499,000

    Price

  • Dec 12, 2020

    Date

    Active Under Contract

    CRMLS: PW20161207

    $1,499,000

    Price

  • Oct 19, 2020

    Date

    Price Change

    CRMLS: PW20161207

    $1,499,000

    Price

  • Aug 10, 2020

    Date

    Active

    CRMLS: PW20161207

    $1,575,000

    Price

  • Listing provided courtesy of CRMLS

    This is a unique live-work opportunity to own the entire 2nd floor of the Historic Insurance Exchange building, where rich history meets modern class. Situated directly above The Promenade in the heart of Downtown Long Beach, this carefully restored property is steps from some of the best restaurants, bars, and shops that the area has to offer. The key fob provides secure entry and grants access to the elevator and the private floor, which welcomes you with a large, versatile open space. The property also consists of 5 large rooms (or offices), a dedicated conference room, open seating, library, lobby, kitchen, 2 bathrooms, washer and dryer, and sauna! The entire floor is encompassed by large, 6-foot tall windows that provide great views and an abundance of natural light to emphasize the gorgeous original brick and exposed concrete ceilings. Due to its rare live-work zoning, any owner could convert a portion of the floor to living space to fit their needs, such as additional bedrooms, a gym, and much more. Other notable attractions within close proximity include the Pacific Ocean, Marina, Convention Center, Performing Arts Center, Shoreline Village, the Pike, the Aquarium, and the Arts District.

  • March, 2021

  • Mar 31, 2021

    Date

    Sold

    CRMLS: PW20161573

    $1,450,000

    Price

  • Feb 22, 2021

    Date

    Pending

    CRMLS: PW20161573

    $1,499,000

    Price

  • Dec 16, 2020

    Date

    Active Under Contract

    CRMLS: PW20161573

    $1,499,000

    Price

  • Oct 19, 2020

    Date

    Price Change

    CRMLS: PW20161573

    $1,499,000

    Price

  • Aug 10, 2020

    Date

    Active

    CRMLS: PW20161573

    $1,575,000

    Price

  • Listing provided courtesy of CRMLS

    This is a unique live-work opportunity to own the entire 2nd floor of the Historic Insurance Exchange building, where rich history meets modern class. Situated directly above The Promenade in the heart of Downtown Long Beach, this carefully restored property is steps from some of the best restaurants, bars, and shops that the area has to offer. The key fob provides secure entry and grants access to the elevator and the private floor, which welcomes you with a large, versatile open space. The property also consists of 5 large offices, a dedicated conference room, open seating, library, lobby, kitchen, 2 bathrooms, washer and dryer, and sauna! The entire floor is encompassed by large, 6-foot tall windows that provide great views and an abundance of natural light to emphasize the gorgeous original brick and exposed concrete ceilings. Due to its rare live-work zoning, any owner could convert a portion of the floor to living space to fit their needs, such as additional bedrooms, a gym, and much more. Other notable attractions within close proximity include the Pacific Ocean, Marina, Convention Center, Performing Arts Center, Shoreline Village, the Pike, the Aquarium, and the Arts District.

  • May, 2019

  • May 15, 2019

    Date

    Sold

    CRMLS: SB19004588

    $1,385,000

    Price

  • Apr 14, 2019

    Date

    Pending

    CRMLS: SB19004588

    $1,400,000

    Price

  • Mar 5, 2019

    Date

    Active Under Contract

    CRMLS: SB19004588

    $1,400,000

    Price

  • Jan 8, 2019

    Date

    Active

    CRMLS: SB19004588

    $1,400,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present this beautiful, modern yet Old World, highly upgraded office condo, is the pinnacle of Urban Living. Situated and standing as a focal piece of architectural work on the Promenade, right in the heart of Downtown Long Beach. Upon entering this historic yet contemporary building, you will feel like you have stepped back in time. The developer meticulously brought this building back to “like new” condition inch by inch. When entering the elevator, the security fob will take you directly to your private floor, which opens to a contemporary open living/work space. This sophisticated space consists of 5 large offices, conference area, open seating, library, lobby, kitchen, 2 bathrooms, laundry and sauna . The large windows surrounding the building, allow for natural sunlight to fill almost every square inch of the property. Due to its unique design, any owner looking to convert more of the office space to living space could easily convert an office to a bedroom, an office to a gym, the opportunities are endless. This building is part of the Mills Act. All this and only feet away from some of the best restaurants, bars and shopping Long Beach has to offer. Not to forget a short distance to the Ocean, the Marina, Convention center, performing Arts Center, Shoreline village, the Pier, Aquarium and the Arts District. A must see! NOTE: Buyer to do own investigations for sqft & all permits. Tax Records state 1 bedroom however there are 5 offices + storage areas.

  • May, 2019

  • May 15, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,385,000

    Price

  • December, 2014

  • Dec 31, 2014

    Date

    Sold (Public Records)

    Public Records

    $1,290,000

    Price

Show More

Tax History for 207 E Broadway #201

Assessed Value (2020): $535,000
Year Land Value Improved Value Assessed Value
2020 $400,000 $135,000 $535,000

Home Value Compared to the Market

This property vs the competition

207 E Broadway #201 sold on March 1, 2022 for 103.12% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $590.91 per/sqft which puts the price per square foot 6.5% lower than the current median sale per square foot for the city of Long Beach.

About 207 E Broadway #201

Detailed summary of property

207 E Broadway #201 is a office that recently sold in Long Beach, CA 90802. This office offered -- bedrooms, -- bathrooms, roughly 2,750 living square feet, and sits on an approximately 5,055 square foot lot. 207 E Broadway #201 was first listed on ArdentRealEstateGroup.com on November 3, 2021. The homeowner sold the property for $1,550,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 103.12% higher than the current median priced home. Local homes that are currently for sale include 16742 Orange Way and 4024 12th St. While the average home in Long Beach, CA is selling in 51 days, 207 E Broadway #201 has a days on market of 26 days. There are currently 639 homes for sale in the Long Beach real estate market and 366 of them are single family homes while 259 of them are condos and 14 are townhomes. For more information on this home for sale at 207 E Broadway #201 Long Beach, CA 90802 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 207 E Broadway #201

Public county record property details
Beds
1
Baths
2
Year built
1925
Sq. Ft.
2,730
Lot Size
5,041
Stories
--
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
7280-019-024

The source for these homes facts are from public records.

90802 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$530,000
Median List Price/Sq.Ft.
$630
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
130
Median Sale to List Price %
102.86%
Avg Days on Market
37
Loan Type
Conventional (51.52%), FHA (3.03%), VA (3.03%), Cash (24.24%), Other (15.15%)

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Related Resources to 207 E Broadway #201

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.