1140 E Ocean 228, Long Beach, California 90802, Long Beach, 90802 - 1 bed, 1 bath
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Long Beach, California 90802
This Oceanfront Condominium represents a High-Potential Investment Opportunity, listed at $615,000—positioned above the $576,237 Fair Market Value. While priced at a premium, the property offers a Fair Condition Rating and delivers a premier lifestyle with Panoramic Oceanfront Views and Resort-Style Amenities. The unit provides a turnkey, furnished living experience in a highly walkable coastal location. This asset is best suited for Buy-and-Hold Investors seeking a vacation rental or Owner-Occupants prioritizing a luxury beachfront lifestyle over immediate equity gains.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1140 E Ocean 228 Subject | $599,000* List Price | 1 | 1 | 690 | $795 | - |
A 1750 E Ocean 1011 Sold | $640,000 | 1 | 1 | 846 | $757 | 0.4 mi |
B 1140 E Ocean Sold | $635,000 | 1 | 1 | 684 | $928 | - |
C 1750 E Ocean Boulevard 704 Sold | $565,000 | 1 | 1 | 632 | $894 | 0.4 mi |
D 800 E Ocean 1403 Sold | $599,000 | 1 | 1 | 845 | $709 | 0.3 mi |
E 1020 E 2nd Street 10 Sold | $420,000 | 1 | 1 | 643 | $653 | 0.2 mi |
F 700 E Ocean Boulevard 2607 Sold | $690,000 | 1 | 2 | 880 | $784 | 0.3 mi |
G 1140 E Ocean Boulevard 320 Active | $599,000 List Price | 1 | 1 | 690 | $868 | - |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, the property is functional but significantly dated. The kitchen features older wood cabinetry, white tile countertops with wide grout lines, and older white appliances (including a coil-top stove) that appear to be over 20 years old. While the unit includes central HVAC and is described as turn-key, the presence of popcorn ceilings and older interior finishes indicates it has not had a major renovation in over 15-20 years.
The property boasts exceptional, unobstructed views of Catalina Island, the Queen Mary, and the marina, providing a premium coastal living experience that is highly desirable in the Long Beach market.
Offered fully furnished and in turn-key condition, this unit is ideal for buyers seeking an immediate move-in or investors looking for a ready-to-go vacation rental or executive suite.
Residents benefit from direct beach access and extensive building amenities, including a pool, spa, and fitness center, with an HOA that conveniently covers most utilities including Wi-Fi and cable.
At $784.52 per month, the association dues are relatively high for a one-bedroom unit, which may impact the overall affordability and debt-to-income ratios for prospective buyers.
With only 690 square feet of living area, the compact footprint may be a drawback for long-term residents requiring more storage or a more spacious layout.
Come home and relax in your oceanfront condo with endless views and a classic Southern California lifestyle where every day feels like summer vacation. From the moment you walk in, ocean views and light fill the open floor plan from the kitchen, dining area, and large living room. Wake up to more ocean views from your spacious bedroom with two closets—including a walk-in. Additional storage in the hallway closet and extra storage above your parking space in the garage included. Central heating will keep you toasty, and central A/C to keep chill, or throw open the sliding door to your private balcony and let the sea breeze flow while enjoying postcard-worthy views stretching from Catalina Island and the Queen Mary to the marina and the quirky little Astronaut Islands. When you're not cruising the beach path, kick back with resort-style amenities including direct beach access, a pool, spa, saunas, fitness center, barbecue area, sundeck, community room, and laundry. The HOA covers Wi-Fi, Cable, water, hot water, sewer, and trash, leaving you more time to enjoy life. Best of all, you can walk to local spots, beach cafés, restaurants, shopping, yoga on the bluff, dog-friendly beaches and parks, museums, live music, and entertainment. Whether you're looking for a full-time home, a weekend escape, or an investment property—this is the place!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.0 mi
Grades 6-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 690 | 926 |
| Lot Size | 57,149 | 30,781 |
| Price | $599.0K | $514.8K |
| Price per sq ft | $868 | $568 |
| Built year | 1973 | 1979 |
| HOA | $784.52 | $475 |
| Days on market | 27 | 76 |
Jul 16, 2026
$599,000
$615,000
-3% Price Drop
Initial Listing
Jun 26, 2026
$615,000
Initial Listing