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5585 E Pacific Coast Highway 132, Long Beach, California 90804, Long Beach, 90804 - 1 bed, 1 bath

5585 E Pacific Coast Highway 132, Long Beach, California 90804 home-pic-0
ACTIVE$359,000
5585 E Pacific Coast Highway 132, Long Beach, California 90804
1Bed
1Bath
597Sqft
147,472Lot
Year Built
1970
Close
-
List price
$359K
Original List price
$389K
Price/Sqft
$601
HOA
$421
Days on market
-
Sold On
-
MLS number
P1-21034
Home ConditionGood
Features
Pool
Spa
Patio
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $359.0K(19th), sqft - 597(19th), beds - 1(19th), baths - 1(26th).

PRICE IMPROVEMENT. Motivated Seller! Welcome to 5585 Pacific Coast Highway, Unit #132, Long Beach, CA - your ideal coastal retreat! This inviting 1-bedroom, 1-bathroom condo spans 597 square feet and offers a cozy and well-maintained interior. As you step inside, you'll find a modern kitchen seamlessly integrated into the living space, creating a perfect setting for both relaxation and entertainment. The community offers many desirable amenities, including a barbecue area for outdoor gatherings, a garage with assigned parking, a gym to stay active, a refreshing pool, a common media/recreation room for entertainment, and a tennis court for sports enthusiasts. Residents will also appreciate the convenience of on-site laundry facilities, air conditioning for added comfort, a gazebo, a spa, and a pet-friendly environment. This low-rise building also boasts a security system for peace of mind and a common sauna for relaxation. Monthly HOA dues include water, trash and sewer. The Park Ocean community is minutes from CSULB, shopping centers, dining, coffee shops, and Belmont Shore. Experience the perfect blend of comfort, convenience, and coastal living in this pet-friendly community.

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
07/24/23
Sold
$379,000
06/10/14
Sold
$199,000
08/16/04
Sold
$231,000
03/25/03
Sold
$118,000
04/28/95
Sold
$64,000
Condition Rating
Good
The property, built in 1970, has undergone significant updates, particularly in the kitchen and flooring. The kitchen features modern shaker-style cabinets, solid surface countertops, and a mix of black and stainless steel appliances that appear to be within the last 5-15 years. The tile flooring in the living areas and wood/laminate in the bedroom are updated and well-maintained. The bathroom is clean, functional, and also appears updated. While the building itself is older, the unit's interior is move-in ready with no immediate renovations required, aligning with the 'Good' condition criteria for a property extensively renovated within the last 5 to 15 years.
Pros & Cons

Pros

Great Schools: Elementary School: Gant Elementary School (10/10).
Extensive Community Amenities: The community offers a comprehensive suite of amenities including a gym, pool, spa, tennis court, barbecue area, media/recreation room, on-site laundry, and a security system, enhancing resident lifestyle and value.
Prime Coastal Location: Strategically located minutes from CSULB, shopping centers, diverse dining options, coffee shops, and the popular Belmont Shore, offering convenience and a desirable coastal living experience.
Pet-Friendly Environment: The community explicitly welcomes pets, which is a significant advantage and broadens its appeal to a large segment of potential buyers.
Modern Interior & HOA Inclusions: Features a modern kitchen seamlessly integrated into the living space and a well-maintained interior. Monthly HOA dues cover water, trash, and sewer, simplifying utility management for residents.
Price Improvement & Motivated Seller: A recent price reduction and the seller's motivation present a potential value opportunity for buyers, indicating flexibility in negotiations.

Cons

Limited Living Space: With 597 square feet, the 1-bedroom unit offers relatively compact living quarters, which may be a constraint for some buyers seeking more spacious accommodations.
Lack of Views: The property explicitly states 'view: None,' which could be a drawback for a coastal location where scenic views are often a highly sought-after premium feature.
Age of Building: Built in 1970, the building is over 50 years old. While well-maintained, this age may imply potential for future capital improvements or higher maintenance costs for the HOA over time.

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