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$335,000
Est. payment /mo
1 Bed
1 Bath
522 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Pending
Purchase Type For Sale
Square Footage 522 sqft
Price per Sqft $641
MLS Listing ID CL26678369
Bedrooms 1
Full Baths 1
HOA Fees $315/mo
HOA Y/N Yes
Year Built 1928
Lot Size 0.769 Acres
Acres 0.769
Property Sub-Type Condominium
Property Description
Why settle for a generic high-rise when you can own a landmark? This one-bedroom in the historic Lafayette is a rare "value-add" opportunity. The standout feature: a Mills Act contract that grants owners massive property tax savings, a significant hedge against inflation and a boost to your bottom line. While the interior is a blank slate awaiting restoration, the bones are irreplaceable. You get the security of controlled access, a fitness center,a game room, front desk concierge and a panoramic rooftop deck perfect for hosting events. Whether you're looking for a low-tax, a smart first purchase, or a creative renovation project, this is a strategic acquisition in a walkable coastal core. Ditch the inflated taxes and invest in Art Deco character. High ceilings, great light, and zero "cookie-cutter" energy.
Location
State CA
County Los Angeles
Zoning LBPD30
Interior
Heating Wall Furnace
Flooring Tile
Fireplaces Type None
Fireplace No
Appliance Electric Range, Range
Laundry Common Area
Exterior
Pool None
View Y/N true
View City Lights
Private Pool false
Building
Lot Description Other
Story 1
Water Public
Level or Stories One Story
New Construction No
Schools
School District Long Beach Unified
Others
Tax ID 7281020130
Virtual Tour https://www.qwikvid.com/realestate/go/v1/tour/?idx=hEB3eiEfQxrZAw90E230ehL4Un0fUEUY
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Listed by Victor Quiroz • Coldwell Banker Envision
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