Views
Address
100 W 5th Street # 6F Long Beach, CA
Price
$ 639,000
Property Attributes
  • MLS#PW21049315
  • TypeCondos
  • CountyLOS ANGELES
  • CityLong Beach
  • AreaDowntown Area - Alamitos Beach
  • NeighborhoodDowntown
  • Zip90802
  • StyleCondominium
  • Price$ 639,000
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage876
  • Lot Size0.35 Acres
Listing Provided Courtesy Of:
Nancy Deprez with Century 21 Masters.
Data Source:
CRMLS
Property Description

Chic loft in the Kress Building at 5th and Pine Ave in the heart of downtown Long Beach! Welcome to this approximately 900 SF open concept loft from the former department store Kress Five and Dime, built in the 1920s. This unique 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 which have huge windows on the north and south facing walls. The high-rise remained vacant between 1981 and 1992, until developers Peter Janopaul and Anthony Block transformed the building into 49 loft apartments and two retail spaces. These lofts ranged in size between 900 and 2,100 square feet. Restoration included the repainting of a wall sign advertising the Kress Five-Cent and Ten-Cent Store, and a new wall sign. Janopaul and 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, and took about 2-and ½ years to sell completely to buyers. 6F is located on one of the upper floors that has an outside walkway, and is light and bright, and highly upgraded. Features include polished concrete floors, a blend of brick and concrete walls, stainless steel kitchen appliances, custom cabinets, inside washer and dryer, custom lighting, and much more. Qualifies for the Mills Act which has reduced the property taxes by 50%. A significant saving!

Price History
3/19/2021 Listed $639,000

General Features

Association Amenities Controlled Access, Gas, Maintenance Grounds, Hot Water, Insurance, Outdoor Cooking Area, Barbecue, Pet Restrictions, Trash, Water
Association Name Kress Lofts
Association Y/N Yes
Attached Garage Yes
Community Features Biking, Curbs, Gutter(s), Street Lights, Sidewalks
Cooling None
Flooring Bamboo
Garage Spaces 1
Garage Y/N Yes
HOA Fee 390
HOA Fee Frequency Monthly
Heating Central
High School District Long Beach Unified
Interior Features Brick Walls, High Ceilings, Recessed Lighting, Bedroom on Main Level, Loft
Levels One
MLS Area 4 - Downtown Area, Alamitos Beach
Parking Features Assigned
Pool Features None
Property Attached Y/N Yes
Property SubType Condominium
Property Type Residential
PropertyCondition Updated/Remodeled
Rooms Loft, Laundry, Kitchen
Sewer Public Sewer
Structure Type Multi Family
Subdivision Name Downtown (DT)
Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional
Total Units 1
View City Lights
Zoning LBCB

Interior Features

Common Walls 2+ Common Walls
Fireplace Features None
Full Baths 1
Heating Y/N Yes
Laundry Features Inside
Living Area 876
Main Level Bathrooms 1
Main Level Bedrooms 1
Total Baths 1
Total Bedrooms 1

Exterior Features

Lot Size Acres 0.35
Lot Size Area 15028
Lot Size Source Assessor
Lot Size Square Feet 15028
Lot Size Units Square Feet
Total Parking 1
View Y/N Yes
Water Source Public

Room Details

Room Dimensions Level Flooring Details
Kitchen
Laundry
Loft

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90802

Price
AVG $590K
$640K
Visits
AVG 122
57
Year Built
AVG 1976
1925
Walkscore
AVG 89
98
Data Provided by Walkscore ® not using MLS data

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