
Long Beach, California 90802
This Luxury Beachfront Residence is a Prime Investment Opportunity, listed at $1,550,000—positioned well below the $1,739,228 Fair Market Value by 10%. This valuation gap offers $189,228 in Instant Equity. Boasting an Excellent Condition Rating, the home features Poggenpohl cabinetry, KitchenAid appliances, and Panoramic Ocean Views. With rare Direct-Access Parking and proximity to Stevenson Elementary, it balances high-end lifestyle with financial upside. This is an exceptional opportunity for Owner-Occupants or Luxury Real Estate Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1500 E Ocean Boulevard 206 Subject | $1,550,000* List Price | 3 | 2 | 1,500 | $1,159 | - |
A 1200 E Ocean Boulevard 41 Sold | $1,250,000 | 2 | 2 | 1,034 | $1,209 | 0.2 mi |
B 1500 E Ocean 608 Pending | $1,489,900 List Price | 3 | 2 | 1,551 | $961 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2000, the property has undergone an extensive high-end renovation featuring luxury Poggenpohl soft-close cabinetry, quartz countertops, and a complete KitchenAid stainless steel appliance suite. The primary bathroom is updated with a jetted tub and dual vanities, and the overall interior quality, including the modern finishes and move-in ready condition, meets the standards for an excellent rating.
The property offers breathtaking, unobstructed views of the Pacific Ocean, Catalina Island, and the marina from the primary suite and main living areas, significantly enhancing its coastal appeal.
Features a unique and highly convenient layout with direct access from two private parking spaces to the front door, eliminating the need for stairs or elevators.
The residence boasts high-end modern finishes, including custom Poggenpohl soft-close cabinetry, quartz countertops, and a professional-grade KitchenAid stainless steel appliance suite.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1500, other record living area = 1340.
The monthly HOA fee of $1,288 is substantial, which significantly increases the ongoing cost of ownership and may impact the budget of potential buyers.
Situated on a major boulevard near popular tourist attractions and downtown, the property may be subject to higher noise levels and local congestion during peak seasons.
Welcome to 1500 Ocean* Beachfront living awaits in this extraordinary ocean-facing condo featuring rare direct access from two private parking spaces located right at your front door no stairs or elevator needed. Step inside to a beautifully updated residence showcasing custom Poggenpohl soft-close cabinetry, luxurious quartz countertops, and matching KitchenAid stainless steel appliance suite, ideal for both everyday living and entertaining. Enjoy panoramic Pacific Ocean views from the primary suite and main living areas take in Catalina, the Marina, the Beachs, and vibrant Sunsets. The primary suite is a serene retreat with a walk-in closet, jetted tub, separate shower, and dual vanities. Two additional bedrooms offer flexible space for guests, a home office, or lifestyle needs. In-unit laundry and abundant storage add everyday convenience. Live where others vacation with direct beach and bike path access just steps away, along with incredible nearby attractions. Stroll to iconic waterfront destinations such as the Aquarium of the Pacific and Lions Lighthouse, explore eclectic dining and nightlife in Downtown Long Beach, catch a show at the Laugh Factory, or ride along the Shoreline bike path and enjoy all 5.5 miles of beautiful coastline Long Beach has to offer. Nearby educational options include local private preschools and elementary schools such as St. Anthony Elementary and Maple Village Waldorf School, among other excellent early learning centers. Resort-style amenities complete the experience with a sparkling heated pool, spa, fitness center, rooftop deck with grill and open-air lounge space for sunbathing, controlled-access lobby with attendant, and clubhouse/meeting room. An unbeatable location near dining, shopping, entertainment, and transit makes this an exceptional coastal lifestyle opportunity.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 0.8 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 1.0 | 95% |
| Baths | 2.0 | 1.0 | 53% |
| Square foot | 1,500 | 880 | 93% |
| Lot Size | 19,368 | 22,651.199 | 38% |
| Price | $1.55M | $489.0K | 99% |
| Price per sq ft | $1.0K | $579 | 98% |
| Built year | 2000 | 1973 | 81% |
| HOA | $1288.0 | $475 | 98% |
| Days on market | 59 | 183 | 4% |
Feb 23, 2026
$1,550,000
Initial Listing
Jul 2, 2001
$550,000
Public Record