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    100 W 5th Street , 6F

    Long Beach, CA 90802
    • $625,000
    • STATUS: ACTIVE
    • ON SITE: 30 days
    • ID#: PW21049315
    Price Reduced
    UPDATED: 27 min ago
    $625,000
    • 1
      BEDS
    • 0.34
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    • 876
      SQFT
    • $713
      $/SQFT
    Neighborhood:
    Type:
    Condo
    Built:
    1925
    County:

    School Ratings & Info

    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! 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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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
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    100 W 5th Street , 6F Long Beach, CA 90802

    • Price: $625,000
    • Status: ACTIVE
    • Updated: 27 min ago
    • ID#: PW21049315
    1
    Beds
    1
    Baths
    0
    ½ Baths
    0.34
    Acres
    876
    SQFT
    $713
    $/SQFT
    1925
    Built
    Neighborhood:
    Long Beach (90802)
    County:
    Los Angeles
    Area:
    Long Beach (90802)
    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! 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

    Parking Garage Description Assigned Parking Spaces Total 1 Pool N/K Residential Styles All Other Attached Residential Unit Location 2+ Common Walls Site CurbsSidewalks View City Lights

    Interior Features

    Bath Totals 1 Bedrooms Total 1 Cooling N/K Fireplace N/K Floor Coverings Bamboo Heat Equipment Forced Air Unit Interior Features Recessed Lighting Interior Walls Block/Brick Laundry Location Inside Laundry Utilities Electric Searchable Rooms Bedroom Entry LevelLoftKitchenLiving RoomLaundry Stories 1 Story

    Property Features

    Assessments N/K Association Amenities Controlled AccessHot WaterOutdoor Cooking AreaPet RulesBarbecue Home Owners Assoc Payment Freq Monthly Home Owners Fees 389.69 Miscellaneous Gutters Property Condition Updated/Remodeled Sales Restrictions Standard Sewer Septic Public Sewer Terms CashConventionalCash To Existing LoanCash To New Loan Units In Complex 49 Water Public Zoning Lbcb

    Listing provided courtesy of Century 21 Masters. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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