$735,000
$679,000
8.2%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
2 Baths
1,360 SqFt
SOLD DATE : 02/23/2022
Key Details
Sold Price $735,000
Property Type Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 1,360 sqft
Price per Sqft $540
MLS Listing ID PW22010079
Sold Date 02/23/22
Style All Other Attached
Bedrooms 1
Full Baths 1
Half Baths 1
HOA Fees $460/mo
HOA Y/N Yes
Year Built 1925
Lot Size 5,055 Sqft
Acres 0.116
Property Description
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.
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.
Location
State CA
County Los Angeles
Area Long Beach (90802)
Zoning LBCC
Interior
Interior Features Beamed Ceilings, Granite Counters, Recessed Lighting
Cooling Central Forced Air
Equipment Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, 6 Burner Stove, Gas Oven, Gas Range
Appliance Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, 6 Burner Stove, Gas Oven, Gas Range
Laundry Inside
Exterior
Parking Features Assigned
Garage Spaces 1.0
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Neighborhood, City Lights
Total Parking Spaces 1
Building
Lot Description Sidewalks
Lot Size Range 4000-7499 SF
Sewer Public Sewer
Water Public
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional, Cash To Existing Loan, Cash To New Loan
Listing Terms Cash, Conventional, Cash To Existing Loan, Cash To New Loan
Special Listing Condition Standard
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Bought with NON LISTED AGENT • NON LISTED OFFICE