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    100 W 5th Street , 6F

    Long Beach, CA 90802
    • $625,000
    • STATUS: Active
    • ON SITE: 34 days
    • ID#: PW21049315
    Price Reduced
    UPDATED: 83 min ago
    $625,000
    • 1
      BEDS
    • 0.35
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    • 876
      SQFT
    • $713
      $/SQFT
    Neighborhood:
    Type:
    Condo
    Built:
    1925
    County:

    School Ratings & Info

    School District:

    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- 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 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!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-23T11:27:30.39. 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 deemed reliable but is not guaranteed accurate by the MLS or Mint Real Estate. Licensed in the State of California, USA.
    www.mymintrealestate.com/homes/115269342
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    100 W 5th Street , 6F Long Beach, CA 90802

    • Price: $625,000
    • Status: Active
    • Updated: 83 min ago
    • ID#: PW21049315
    1
    Beds
    1
    Baths
    0
    ½ Baths
    0.35
    Acres
    876
    SQFT
    $713
    $/SQFT
    1925
    Built
    Neighborhood:
    Downtown (Dt)
    County:
    Los Angeles
    Area:
    4 - Downtown Area, Alamitos Beach
    School District:
    Long Beach Unified
    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- 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 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!
    Exterior Features

    Attached Garage YN 1 Parking Features Assigned Parking Total 1 Pool Features None Pool Private YN No Property Attached YN Yes View City Lights View YN Yes

    Interior Features

    Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring Bamboo Heating Central Heating YN Yes Interior Features Brick WallsHigh CeilingsRecessed LightingBedroom On Main LevelLoft Main Level Bathrooms 1 Main Level Bedrooms 1

    Property Features

    Additional Parcels YN No Association Amenities Controlled AccessGasMaintenance GroundsHot WaterInsuranceOutdoor Cooking AreaBarbecuePet RestrictionsTrashWater Association Fee 390 Association Fee Frequency Monthly Association YN Yes Common Interest Condominium Community Features BikingCurbsGutter(S)Street LightsSidewalks Contingency Tenants On Lease That Ends June 302021. Disclosures Hoa Disclosure Garage YN Yes Land Lease YN No Laundry Features Electric Dryer HookupInside Lease Considered YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing LoanCash To New LoanConventional New Construction YN No Number Of Units In Community 49 Property Condition Updated/Remodeled Property Sub Type Condominium Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type Multi Family Water Source Public Zoning Lbcb

    Listing provided courtesy of Nancy Deprez of Century 21 Masters


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-23T11:27:30.39. 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 deemed reliable but is not guaranteed accurate by the MLS or Mint Real Estate. Licensed in the State of California, USA.
     
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