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5585 E Pacific Coast 152, Long Beach, California 90804, Long Beach, 90804 - 1 bed, 1 bath

5585 E Pacific Coast 152, Long Beach, California 90804 home-pic-0
ACTIVE$368,000
5585 E Pacific Coast 152, Long Beach, California 90804
1Bed
1Bath
597Sqft
147,503Lot
Year Built
1970
Close
-
List price
$368K
Original List price
$368K
Price/Sqft
$616
HOA
$421.55
Days on market
-
Sold On
-
MLS number
NP25058784
Home ConditionFair
Features
Pool
Spa
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $368.0K(22th), sqft - 597(19th), beds - 1(19th), baths - 1(26th).

Location, location , location!!! RESORT STYLE LIVING!!! This move-in ready, open floor plan, light and bright and quiet 1 bedroom and 1 bath is located in the much sought after Park Ocean condominium complex of Long Beach! Highlighted features include: newer good quality laminated flooring throughout, newer paint, kitchen with full set of appliances, and plenty of wood cabinetry, updated bath, and mirrored closet door in spacious bedroom.This lovely condo is situated on the ground level and the front door is wheelchair accessible with 33 inches of clearnce. Home is only a couple of miles to the Fun Beach... Walking Distance to Cal State University of Long Beach so it's Perfect for a Teacher or Student of CSULB! Walking Distance to the VA Hospital which makes it Perfect for any Hospital Staff or Veterans, especially those with disabilities, who would be able to get there on a Scooter or Wheelchair. Walking Distance to many Stores & Restaurants! Community Amenities include: Large Sparkling Pool, Outdoor Hot Tub/Spa, Tennis Court, Basketball Hoop, Hot Sauna, Well Equipped Gym with many Workout Stations and a Separate Free Weight Room, Outdoor BBQs, Club House with Sofas and Fireplace! Controlled / Secure Access to Community and Parking Garages! Walking Distance to Public Transportation! Assigned Parking! Pets Allowed call for more details! PROPERTY IS ADJACENT TO MULTI-MILLION DOLLAR HOMES...Home is sold furnished which includes furniture and appliances. This cozy condo is ready for you to claim it your home or use it as a great investment property ... EXCLUSIONS: INCLUSIONS:

Nearby schools

10/10
Gant Elementary School
Public,•K-5•1.0mi
9/10
Lowell Elementary School
Public,•K-5•1.0mi
7/10
Rogers Middle School
Public,•6-8•0.8mi
7/10
Stanford Middle School
Public,•6-8•1.6mi
6/10
Wilson High School
Public,•9-12•1.1mi

Price History

Date
Event
Price
03/23/15
Sold
$180,000
02/06/14
Sold
$165,000
04/20/05
Sold
$245,000
Condition Rating
Fair
The property, built in 1970, is over 50 years old. While the listing states it's 'move-in ready' with 'newer good quality laminated flooring' and 'newer paint,' the kitchen and bathroom, despite being described as 'updated,' feature dated elements such as tiled countertops and basic cabinetry, suggesting these updates were likely done 15-30 years ago rather than recently. The appliances are functional but not modern. The overall condition is clean and functional, but the aesthetic and some components are outdated, requiring minor updates to meet current standards. This aligns with the 'Fair' category where major components are functional but show signs of being outdated.
Pros & Cons

Pros

Great Schools: Elementary School: Gant Elementary School (10/10).
Prime Location & Accessibility: Strategically located within walking distance to Cal State University Long Beach, VA Hospital, numerous stores, restaurants, and public transportation, appealing to a diverse range of potential residents including students, faculty, and healthcare professionals. Its proximity to multi-million dollar homes also suggests a desirable neighborhood.
Extensive Resort-Style Amenities: The complex offers a comprehensive suite of amenities including a large pool, hot tub/spa, tennis court, basketball hoop, hot sauna, well-equipped gym, outdoor BBQs, and a clubhouse, providing a luxurious and active lifestyle for residents.
Move-in Ready & Updated Interior: The condo features newer laminated flooring, fresh paint, an updated kitchen with a full set of appliances and ample cabinetry, and an updated bath, making it immediately habitable with minimal upfront renovation costs for the buyer.
Wheelchair Accessible & Ground Level: As a ground-level unit with a wheelchair-accessible front door (33 inches clearance), it caters specifically to individuals with mobility needs, including veterans and hospital staff, broadening its appeal.
Furnished & Investment Potential: Being sold fully furnished with appliances makes it an attractive option for immediate occupancy or as a turnkey investment property, simplifying the move-in process or rental setup for a new owner.

Cons

Compact Living Space: With only 597 square feet, the 1 bedroom, 1 bath layout is quite compact, which may limit its appeal to individuals or couples seeking more spacious living arrangements or those planning for future family expansion.
Significant Association Fees: The monthly association fee of $421.55 is substantial and adds a considerable recurring cost to homeownership, which could be a deterrent for budget-conscious buyers despite the extensive amenities offered.
Building Age: Built in 1970, the property is over 50 years old. While the interior has been updated, the age of the building's overall infrastructure could lead to potential future maintenance issues or special assessments not covered by the current HOA fees.

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