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207 E Broadway #302, Long Beach, CA 90802
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207 E Broadway #302 Long Beach, CA 90802

$799,000 Sold Price as of 06/12/2023
  • 1 Beds
  • 1.5 Baths
  • 1,360 Sq.Ft.
Sold
$799,000 Sold Price as of 06/12/2023 Refinance Your Mortgage
Map preview of 207 E Broadway #302, Long Beach, CA 90802

Property Overview: 207 E Broadway #302 Long Beach, CA has 1 bedrooms, 1.5 bathrooms, 1,360 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: Welcome home to the iconic Insurance Exchange lofts! This building in the heart of The Promenade of Downtown Long Beach is one of the city's most unique and stunning examples of adaptive reuse architecture. Built in 1925 it was originally known as the Middough Building, then in 1931 became known the Insurance Exchange Building. The unique architecture of this building and the clever rehab makes each unit a corner unit with an expanse of original brick, soaring ceilings and two walls of windows. The open concept kitchen with a massive kitchen island is outfitted with stainless steel appliances, granite countertops and walnut hued custom cabinetry. Large sash north and west facing windows flood the space with light and a spacious walk-in closet provides generous storage. A deep soaking jacuzzi tub and rain head shower, dual vanity and a separate guest powder room makes this loft as comfortable as it is architecturally stunning. Central air conditioning and heat, secured entrance lobby, parking, a separate large private storage room adjacent to the unit and key fob entrance provides security and convenience. Registered as a historic building, it takes advantage of the Mills Act, a significant savings in property taxes for designated historically recognized buildings.

Listed by Beatrix Whipple | BRE #01355505 | Avenue 8 Inc
Last checked: 3 minutes ago | Last updated: June 12th, 2023 | Source CRMLS | DOM: 60

Home details

Lot Sq. Ft
5,055
HOA Dues
$460/mo
Year built
1925
Garage
1 Car
Property Type:
Condominium
Status
Sold
MLS#
PW23038063
City
Long Beach
County
Los Angeles
Time on Site
463 days

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 207 E Broadway #302

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Electric Dryer Hookup, Inside, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 2
  • Eating Area: Breakfast Counter / Bar
  • Flooring: Concrete
  • Kitchen, Living Room, Loft, Walk-In Closet
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Dishwasher, Disposal, Gas Oven, Gas Range, Microwave
  • Granite Counters, Kitchen Island, Kitchen Open to Family Room
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 1
Interior Features
  • Beamed Ceilings, Brick Walls, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting
  • Levels: One
  • Security Features: Card/Code Access
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Assigned
  • No Attached Garage
Lot Information
  • Lot Size Source: Assessor
  • Common Interest: Condominium
Property Information
  • Has View
  • View: City Lights, Neighborhood
  • Common Walls: 2+ Common Walls
  • Total # of Units: 1
  • Parcel Number: 7280019026
  • Year Built Source: Assessor
  • Property is Attached
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Insurance Exchange
  • Association Fee: $460 (Monthly)
  • Association Amenities: Trash, Sewer, Water, Pet Rules, Management, Controlled Access
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Long Beach Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Downtown (DT)
  • Directions: On Broadway between Pine and Long Beach Blvd
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Suburban
View more facts & features

Local Long Beach Agent

Sale History for 207 E Broadway #302

Last sold for $799,000 on June 12th, 2023

  • June, 2023

  • Jun 12, 2023

    Date

    Sold

    CRMLS: PW23038063

    $799,000

    Price

  • Mar 9, 2023

    Date

    Active

    CRMLS: PW23038063

    $779,000

    Price

  • January, 2022

  • Jan 20, 2022

    Date

    Active

    CRMLS: PW22010079

    $679,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome home to the iconic Insurance Exchange lofts! This building in the heart of The Promenade of Downtown Long Beach is one of the city's most unique and stunning examples of adaptive reuse architecture. Built in 1925 it was originally known as the Middough Building, then, in 1931 became known the Insurance Exchange Building. The unique architecture of this building and the clever rehab makes each unit a corner unit with an expanse of original brick, soaring ceilings and two walls of windows. The open concept kitchen with a massive kitchen island is outfitted with stainless steel Viking appliances, granite countertops and walnut hued custom cabinetry. Large sash windows let in west facing views and light, and a spacious walk-in closet provides generous storage. Deep soaking jacuzzi tub, walk-in shower, dual vanity and a separate guest powder room makes this loft as comfortable as it is architecturally stunning. Central AC and heat, secured entrance lobby, secured parking, separate private storage room adjacent to the unit and key fob entrance provides security and convenience. Registered as a historic building, it takes advantage of the Mills Act, a significant savings in property taxes for designated historically recognized buildings.

  • January, 2018

  • Jan 31, 2018

    Date

    Sold

    CRMLS: SB17263813

    $590,000

    Price

  • Jan 9, 2018

    Date

    Pending

    CRMLS: SB17263813

    $599,000

    Price

  • Jan 3, 2018

    Date

    Active

    CRMLS: SB17263813

    $599,000

    Price

  • Dec 22, 2017

    Date

    Hold

    CRMLS: SB17263813

    $599,000

    Price

  • Nov 30, 2017

    Date

    Active

    CRMLS: SB17263813

    $599,000

    Price

  • Listing provided courtesy of CRMLS

    A Must See. Come check out this unique loft in the Historical Insurance Exchange Building Downtown. This unit has North & West facing windows for nice sunset views. 12 foot exposed ceilings, maple wood flooring, full bath with dual vanities, jetted tub and separate two person shower, Porcher sinks, Hans Groe fixtures and an additional half bath. The kitchen includes stainless steel Viking appliances, granite counter tops, and a wine fridge. There are exposed brick walls and a separate/private storage unit on the same floor. Excellent location- close to everything. Hurry because this unit won't last long.

  • January, 2018

  • Jan 30, 2018

    Date

    Sold (Public Records)

    Public Records

    $590,000

    Price

  • June, 2010

  • Jun 3, 2010

    Date

    Sold (Public Records)

    Public Records

    $335,000

    Price

Show More

Tax History for 207 E Broadway #302

Assessed Value (2020): $341,000
Year Land Value Improved Value Assessed Value
2020 $200,000 $141,000 $341,000

Home Value Compared to the Market

This property vs the competition

207 E Broadway #302 sold on June 12, 2023 for 12.67% lower than the current median sold price for the city of Long Beach which is $892,000. The median sold price per/sqft for Long Beach is $659 and this home is sold at $572.79 per/sqft which puts the price per square foot 13.08% lower than the current median sale per square foot for the city of Long Beach.

About 207 E Broadway #302

Detailed summary of property

207 E Broadway #302 is a condominium that recently sold in Long Beach, CA 90802. This condo offered 1 bedrooms, 1.5 bathrooms, roughly 1,360 living square feet, and sits on an approximately 5,055 square foot lot. 207 E Broadway #302 was first listed on ArdentRealEstateGroup.com on March 9, 2023. The homeowner sold the property for $799,000. Home in Long Beach are selling for a median price of $892,000 and a median price per square foot of $659. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 12.67% lower than the current median priced home. Local homes that are currently for sale include 1584 Elm Ave, 608 Dawson Ave and 612 Dawson Ave. This home does have a Homeowners Association and the monthly fee is $460 per month. While the average home in Long Beach, CA is selling in 51 days, 207 E Broadway #302 has a days on market of 60 days. There are currently 699 homes for sale in the Long Beach real estate market and 394 of them are single family homes while 285 of them are condos and 20 are townhomes. For more information on this home for sale at 207 E Broadway #302 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 #302

Public county record property details
Beds
1
Baths
2
Year built
1925
Sq. Ft.
1,360
Lot Size
5,041
Stories
--
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
7280-019-026

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
$540,000
Median List Price/Sq.Ft.
$627
Median Sold Price
$450,000
Median Sold Price/Sq.Ft.
$580
Total Inventory
147
Median Sale to List Price %
90.91%
Avg Days on Market
58
Loan Type
Conventional (60.71%), FHA (7.14%), VA (0%), Cash (21.43%), Other (10.71%)

Thinking of Selling?

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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.

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