1500 E Ocean Boulevard 401, Long Beach, California 90802, Long Beach, 90802 - 3 bed, 2 bath
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Long Beach, California 90802
This Exquisite Beachfront Penthouse is a Strong Value Opportunity, listed at $1,700,000—positioned well below the $1,790,638 Fair Market Value by 5%. This valuation gap provides $90,638 in Instant Equity. Boasting an Excellent Condition Rating from a recent total renovation, the residence features panoramic ocean views, Wolf appliances, and quartzite countertops. Located near Stevenson Elementary in the Long Beach Unified district, it balances high-end coastal luxury with significant financial upside. This is an elite choice for Luxury Home-Seekers or Owner-Occupants looking to secure a turnkey asset below market cost.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1500 E Ocean Boulevard 401 Subject | $1,700,000* List Price | 3 | 2 | 1,500 | $1,194 | - |
A 1200 E Ocean Boulevard 41 Sold | $1,250,000 | 2 | 2 | 1,034 | $1,209 | 0.2 mi |
B 1500 E Ocean Boulevard 206 Active | $1,550,000 List Price | 3 | 2 | 1,500 | $1,033 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This penthouse was completely renovated only two years ago and presents in like-new condition. The kitchen features top-tier Wolf appliances, quartzite countertops, and custom cabinetry, while the bathrooms offer spa-like amenities including a steam shower. High-end finishes such as wide-plank wood flooring, shiplap ceiling details, modern recessed lighting, and updated electrical systems are evident throughout, meeting all criteria for the highest quality rating.
This fourth-floor penthouse is situated directly on the sand, offering rare and unobstructed 180-degree ocean and coastline views from nearly every room.
Completely updated two years ago, the residence features premium finishes including quartzite countertops, Wolf appliances, and a spa-inspired primary bath with a steam shower.
The home boasts soaring 10-foot ceilings and an open, light-filled layout that maximizes the coastal aesthetic and creates a sense of expansive luxury.
The monthly association fee of $1,288 is relatively high, which may impact the total cost of ownership and appeal to some investors.
The property is currently listed at $1.7M despite a previous sale price of $2.12M in early 2024, suggesting a significant downward adjustment in valuation.
Experience elevated coastal living in this stunning fourth floor penthouse, perfectly positioned directly on the sand in Long Beach. Showcasing sweeping 180 degree ocean views, this exceptional residence offers a rare blend of luxury, privacy, and modern designCompletely renovated just two years ago, this homes features soaring 10-foot ceilings and an open, light-filled layout designed to capture breathtaking sunsets and endless coastline vistas from nearly every room.The chef's kitchen is a true showpiece, appointed with striking quartzite countertops, soft close doors and cabinet lighting. Premium Wolf range and oven and a classic farmhouse sink ideal for both everyday living and entertaining at the highest level.Unwind in the inviting living space highlighted by a gas fireplace, with snack fridge and wine fridge, or retreat to the primary bath where a spa-inspired steam shower with essential oil dispenser awaits to alleviate stress. Two additional bedrooms, one with Murphy bed and possible office use. This rare penthouse offers the ultimate in beachfront living-sophisticated, stylish, and an elevator ride to the sand.
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 | 52% |
| Square foot | 1,500 | 881 | 93% |
| Lot Size | 19,368 | 22,651.199 | 38% |
| Price | $1.70M | $490.0K | 99% |
| Price per sq ft | $1.1K | $583 | 98% |
| Built year | 2000 | 1975 | 81% |
| HOA | $1288.0 | $475 | 98% |
| Days on market | 13 | 184 | 1% |
Apr 9, 2026
$1,700,000
Initial Listing
Jan 19, 2024
$2,120,000
Public Record
Dec 10, 2021
$1,550,000
Public Record
Sep 21, 2001
$875,000
Public Record