388 E E. Ocean #811, Long Beach, California 90802, Long Beach, 90802 - 1 bed, 1 bath

388 E E. Ocean  home-pic-0
ACTIVE$495,000
388 E E. Ocean #811, Long Beach, California 90802
1Bed
1Bath
680Sqft
120,481Lot
Year Built
2005
Close
-
List price
$495K
Original List price
$515K
Price/Sqft
$728
HOA
$541.32
Days on market
-
Sold On
-
MLS number
PW25108700
Home ConditionGood
Features
Excellent View: Neighborhood
Deck
Pool
Spa
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $495.0K(51th), sqft - 680(28th), beds - 1(50th), baths - 1(50th).

Stunning city views from the living room and main bedroom of downtown and all the way to the San Gabriel Mountains on a clear day. Lovely 1 bedroom unit that has been updated. The kitchen offers granite counter tops and all appliances. Just move your furniture and enjoy. Laundry room with full size washer & dryer. For your comfort there is central air and heating. Enjoy then short walk to the beach, biking trails, the metro lines, local restaurants and shops, entertainment venues including the Preforming Arts Center, the Pike, east village and much more. You are also steps from dozens of seasonal festivals at rainbow Park, and the annual Long Beach Grand Prix! Long Beach has one of the Country's largest ports, the home of Carnival Cruise line and the Queen Mary.Shop Retro Row for. vintage clothes, tiki gear and mid century modern furniture. HOA monthly fees includes Water (hot & cold), internet, 24/7 Security Concierge, Pool and Spa, Fitness Center with Sauna Room, Club Room and Business Center. Secure gated 1 Assigned Parking Space in the underground garage.

Nearby schools

6/10
Chavez Elementary School
Public,K-50.4mi
7/10
Stevenson Elementary School
Public,K-50.5mi
7/10
International Elementary School
Public,K-50.7mi
5/10
Edison Elementary School
Public,K-50.9mi
7/10
Lincoln Elementary School
Public,K-51.2mi
7/10
Roosevelt Elementary School
Public,K-51.4mi
6/10
Franklin Classical Middle School
Public,6-80.7mi
6/10
Washington Middle School
Public,6-81.4mi
6/10
Polytechnic High School
Public,9-121.5mi
3/10
Cabrillo High School
Public,9-122.5mi

Price History

Date
Event
Price
04/17/17
Sold
$330,000
03/18/14
Sold
$305,000
12/09/08
Sold
$270,000
05/09/06
Sold
$350,500
Condition Rating
Good

The property was built in 2005, making it 19 years old, which falls within the 'Good' category's age range. The description notes it has been 'updated' with 'granite countertops and all appliances,' and the images show a clean, well-maintained interior with hardwood flooring, functional black kitchen appliances, and a clean bathroom with a pedestal sink and standard tub/shower. While the kitchen and bathroom are functional and in good condition, their style (e.g., cabinet design, black appliances, bathroom fixtures) suggests they are not newly renovated within the last 5 years to meet current high-end standards. The unit is move-in ready with central air/heating and in-unit laundry, indicating well-maintained systems and minimal wear and tear.
Pros & Cons

Pros

Panoramic City & Mountain Views: The unit offers stunning city views of downtown Long Beach and distant San Gabriel Mountains from the living room and main bedroom, significantly enhancing its appeal.
Exceptional Walk Score & Lifestyle: Prime Downtown Long Beach location provides immediate walking access to the beach, metro lines, diverse restaurants, shops, and entertainment venues.
Comprehensive Building Amenities: The HOA includes a wide array of services and facilities such as 24/7 security, pool, spa, fitness center with sauna, club room, and business center.
Updated & Move-in Ready Interior: The unit features an updated interior with granite countertops, all appliances, central air and heating, and in-unit full-size laundry, ensuring immediate comfort.
Secure Assigned Parking: Includes a secure, assigned parking space in the underground garage, a valuable and convenient asset in a dense urban setting.

Cons

High Monthly HOA Dues: The $541.32 monthly HOA fee is substantial, particularly for a 1-bedroom unit, which could impact affordability and long-term ownership costs.
Limited Living Space: With only 680 square feet and a 1-bedroom, 1-bathroom configuration, the unit offers limited living space, potentially restricting appeal to a niche buyer demographic.
Recent Price Reduction: The property has undergone a price reduction from its original listing, which may indicate initial overpricing or a slower market response for this specific unit type.

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