5585 E Pacific Coast 171, Long Beach, California 90804, Long Beach, 90804 - 1 bed, 1 bath

5585 E Pacific Coast 171, Long Beach, California 90804 home-pic-0
ACTIVE$339,900
5585 E Pacific Coast 171, Long Beach, California 90804
1Bed
1Bath
597Sqft
147,503Lot
Year Built
1970
Close
-
List price
$340K
Original List price
$355K
Price/Sqft
$569
HOA
$421.55
Days on market
-
Sold On
-
MLS number
DW25130346
Home ConditionFair
Features
Pool
Spa
Patio
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $339.9K(11th), sqft - 597(19th), beds - 1(19th), baths - 1(26th).

Opportunity to own in Park Ocean, one of Long Beach’s most centrally located communities! This ground-floor 1-bed, 1-bath condo features a private patio, spacious layout, and tons of potential. The open living and dining areas flow into a kitchen with ample storage, while the bedroom offers generous space and a large closet. Park Ocean is a gated complex with resort-style amenities: pool, spa, fitness center, tennis court, BBQ area, clubhouse, assigned parking, guest parking, and on-site laundry. Just minutes from Cal State Long Beach, the VA Hospital, shopping, dining, and the beach. Ideal for first-time buyers, students, or investors looking for value in a prime location! - Subject of Virtual Staging

Nearby schools

10/10
Gant Elementary School
Public,K-51.0mi
9/10
Lowell Elementary School
Public,K-51.0mi
7/10
Rogers Middle School
Public,6-80.8mi
7/10
Stanford Middle School
Public,6-81.6mi
6/10
Wilson High School
Public,9-121.1mi

Price History

Date
Event
Price
08/11/25
Price Change
$339,900
06/10/25
Listing
$355,000
02/26/96
Sold
$48,500
Condition Rating
Fair

Built in 1970, this condo shows its age with largely original or very dated components. The kitchen features old-style white cabinets, an older white refrigerator, and a dated backsplash, though a stainless steel dishwasher is present. The bathroom has bright pink walls and older tile, despite some updated fixtures like the black faucet. Flooring consists of older carpet and tile. A window AC unit indicates a lack of modern central cooling. While functional and livable, the property requires significant cosmetic updates and system modernizations to meet current standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Exceptional Location: Centrally located in Long Beach, minutes from Cal State Long Beach, the VA Hospital, shopping, dining, and the beach, offering high convenience and desirability.
Extensive Community Amenities: The gated Park Ocean complex boasts resort-style amenities including a pool, spa, fitness center, tennis court, BBQ area, clubhouse, assigned parking, guest parking, and on-site laundry.
Broad Market Appeal: Ideal for a diverse range of buyers, including first-time buyers, students, and investors, indicating strong demand potential.
Private Outdoor Space: As a ground-floor unit, it features a private patio, providing valuable personal outdoor living space.
Investment Potential & Value: Described as having 'tons of potential' and offering 'value,' further enhanced by a recent price reduction from $355,000 to $339,900.

Cons

Age of Construction: Built in 1970, the property is over 50 years old, which may imply dated infrastructure, potential for higher maintenance, or a need for interior updates.
Compact Living Space: At 597 square feet with 1 bedroom and 1 bathroom, the unit offers limited living space, which may not suit buyers seeking more room or flexibility.
High Monthly HOA Fees: The association fee of $421.55 per month is substantial for a unit of this size, adding significantly to the overall cost of ownership.

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