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Key Details
Sold Price $725,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,191 sqft
Price per Sqft $608
Subdivision Downtown (Dt)
MLS Listing ID PW21027127
Sold Date 04/23/21
Bedrooms 1
Full Baths 1
Condo Fees $424
HOA Fees $424/mo
HOA Y/N Yes
Year Built 1925
Lot Size 0.350 Acres
Property Description
Stunning historic Kress Building upper level view loft on the 8th floor, full of natural light and brightness from ample large full height windows! Welcome to this chic, newly remodeled and upgraded sub-penthouse unit. Located in a former department store Kress Five and Dime, built in the 1920s, the building boasts some fascinating history. While the lower-floor storefronts accommodated the S.H. Kress and Company Five-and-Dime Store from its opening in 1923 until 1981, the upper floors housed the offices with huge windows on the north and south facing walls. The high-rise was vacant 1981-1992, until developers Peter Janopaul & Anthony Block transformed the building into 49 loft apartments & two retail spaces. . Janopaul & Block's restoration occurred over 2-and-½ years between 1992 and 1995, very early for Downtown loft conversions. The Kress redevelopment was the first in Long Beach. 8E is one of the larger units approximately 1200 SF with high 12 foot ceilings, open spaciousness, unobstructed views of the mountains, and ample recessed lighting. Bamboo wood flooring has just been installed, and perfectly compliments the exposed brick and finished walls, exposed ducting in the ceiling, chef's kitchen with butcher block countertops, custom cabinetry, built-in pantry, stainless steel appliances and open bar. Spacious upgraded bathroom has built-in storage and stacked laundry. Central heat/air conditioning. throughout Qualified for the Mills Act which reduces property tax.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBCB
Rooms
Other Rooms Storage
Main Level Bedrooms 1
Interior
Interior Features Brick Walls, High Ceilings, Recessed Lighting, Bedroom on Main Level, Loft
Heating Central
Cooling Central Air
Flooring Bamboo
Fireplaces Type None
Fireplace No
Appliance Dryer, Washer
Laundry Inside, Stacked
Exterior
Garage Assigned, Gated, One Space
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Biking, Curbs, Street Lights, Sidewalks
Amenities Available Gas, Maintenance Grounds, Hot Water, Insurance, Outdoor Cooking Area, Barbecue, Pet Restrictions, Trash, Water
View Y/N Yes
View City Lights, Neighborhood
Parking Type Assigned, Gated, One Space
Attached Garage Yes
Total Parking Spaces 1
Private Pool No
Building
Story One
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Additional Building Storage
New Construction No
Schools
School District Long Beach Unified
Others
HOA Name Kress Lofts
Senior Community No
Tax ID 7280009065
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Jake MacRae • Stephen C. Bello, Inc.
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Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692