1140 East Ocean Boulevard 131, Long Beach, California 90802, Long Beach, 90802 - 1 bed, 1 bath
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1140 East Ocean Boulevard 131
Long Beach, California 90802
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
732Sq Ft
0Lot Size
Property Price
LIST PRICE$518,500
EST. MARKET VALUE
$525,000
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $518,500—positioned well below the $525,000 Fair Market Value by 1%. This valuation gap offers $6,500 in Instant Equity. Featuring a Mint Condition Rating, the unit boasts a modern kitchen with quartz countertops and a renovated bath. Residents enjoy a resort-style lifestyle with panoramic ocean views, a pool, and direct beach access. This property is an ideal fit for Owner-Occupants seeking coastal luxury or first-time buyers prioritizing a move-in ready home.
Estimated Market Value
$525,000
Based on Realkey algorithm analyzing recent comparable sales in Long Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1140 East Ocean Boulevard 131 Subject | $518,500* List Price | 1 | 1 | 732 | $717 | - |
A 1140 E Ocean Boulevard 309 Sold | $565,000 | 1 | 1 | 732 | $772 | 0.0 mi |
B 1750 E Ocean 102 Sold | $525,000 | 1 | 1 | 632 | $831 | 0.4 mi |
C 1750 E Ocean 603 Sold | $580,000 | 1 | 1 | 632 | $918 | 0.4 mi |
D 940 E 3rd Sold | $365,000 | 1 | 1 | 731 | $499 | 0.4 mi |
E 1187 E 3rd Sold | $452,000 | 1 | 1 | 781 | $579 | 0.4 mi |
F 1750 E Ocean Boulevard 503 Sold | $515,000 | 1 | 1 | 632 | $815 | 0.4 mi |
G 1750 E Ocean Boulevard 903 Sold | $540,000 | 1 | 1 | 632 | $854 | 0.4 mi |
H 800 E Ocean Boulevard 902 Sold | $535,000 | 1 | 1 | 868 | $616 | 0.3 mi |
I 1036 E 2nd Street 11 Active | $425,000 List Price | 1 | 1 | 722 | $589 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While the building dates to 1973, the unit has undergone a recent high-end renovation (likely <5 years) featuring a modern kitchen with quartz countertops and stainless steel appliances, fresh flooring throughout, and a fully updated bathroom with a walk-in shower, placing it in mint, move-in condition.
PROSSTRENGTHS & OPPORTUNITIES
- Coastal Lifestyle & Views
The property offers a premium waterfront experience with direct beach access and iconic views of the Queen Mary, coastline, and marina from an oversized balcony.
- Modernized Interior
The unit features high-quality updates including a remodeled kitchen with quartz countertops, stainless steel appliances, fresh flooring, and a renovated bathroom with dual sinks.
- Inclusive Resort Amenities
Residents enjoy resort-style living with a beach-facing pool and BBQ area, complemented by an HOA that covers essential utilities like water, trash, basic cable, and internet.
CONSRISKS & DEFICIENCIES
- High Carrying Costs
The monthly HOA fee of $664.57 is relatively high for a one-bedroom unit, which may impact the overall affordability and debt-to-income ratio for potential buyers.
- Market Stagnation
With 60 days on the market and a recent price reduction, the property is experiencing slower-than-average absorption, suggesting initial overpricing or stiff local competition.
About 1140 East Ocean Boulevard 131
Welcome to 1140 E Ocean, Unit 131. This beautiful 1-bedroom, 1 bathroom residence is bright and airy, offering views of the Queen Mary. Fresh flooring flows throughout, creating a cohesive and inviting feel across the entire home. The updated kitchen features stainless-steel appliances, quartz countertops, and ample storage, delivering both style and functionality. The spacious bathroom includes dual sinks and a large walk-in shower with glass doors. Enjoy warm summer evenings on the oversized balcony, taking in views of the Queen Mary or simply relaxing with the refreshing ocean breeze through the sliding glass door. Expansive windows fill the home with abundant natural light, while custom shutters provide added privacy when desired. The Queen’s View offers resort-style amenities, including a pool overlooking the beach, a BBQ area, and direct beach access. Additional highlights include a designated parking space in a gated garage. The HOA covers water, trash, basic cable, and internet. *Photos may be virtually staged.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1973
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $664.57 / Month
Neighborhood Insights
Long Beach Unified Schools
Stevenson Elementary School
Grades K-5 • 0.6 mi
7/10
Burbank Elementary School
Grades K-5 • 1.0 mi
6/10
Franklin Classical Middle School
Grades 6-8 • 0.6 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 732 | 924.282 |
| Lot Size | - | 30,288.04 |
| Price | $518.5K | $521.1K |
| Price per sq ft | $708 | $569 |
| Built year | 1973 | 1976 |
| HOA | $664.57 | $460 |
| Days on market | 89 | 74 |
Pricing History
Listed for Sale
Aug 11, 2026
$518,500
$525,000
-1% Price Drop
Initial Listing
Price Change
Jun 12, 2026
$525,000
Initial Listing
Sold
Dec 4, 2003
$54,500
Public Record