100 W 5th Street #8E
Long Beach, CA 90802
$ 725,000
Price
1
Beds
1
Baths
1,191 Sq. Ft.
$609 / Sq. Ft.
Zillow Price Estimate - $700,167
1367 Days On Market
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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.
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