360 W Ocean Boulevard 408, Long Beach, California 90802, Long Beach, 90802 - 1 bed, 1 bath
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Long Beach, California 90802
This Remodeled Coastal Residence is a Strong Value Opportunity, listed at $488,800—positioned below the $498,438 Fair Market Value by 1%. This valuation provides $9,638 in Instant Equity. Boasting a Condition Rating of 2, the unit features a stunning remodel with white shaker cabinets and breathtaking ocean views of the Queen Mary. As a rare Ocean Blvd property permitting AirBnB rentals, it offers significant income potential alongside building perks like the 12th-floor Solarium. This is an ideal acquisition for short-term rental investors or urban professionals seeking a turnkey coastal retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 360 W Ocean Boulevard 408 Subject | $488,800* List Price | 1 | 1 | 951 | $524 | - |
A 730 W 4th 203 Sold | $538,000 | 2 | 2 | 957 | $562 | 0.4 mi |
B 545 Chestnut Ave #207 Sold | $429,000 | 2 | 2 | 932 | $460 | 0.5 mi |
C 555 Maine Avenue 425 Sold | $555,000 | 2 | 2 | 906 | $613 | 0.5 mi |
D 555 Maine 210 Sold | $540,000 | 2 | 2 | 907 | $595 | 0.5 mi |
E 640 W 4th Street 316 Sold | $490,000 | 2 | 2 | 916 | $535 | 0.4 mi |
F 133 The Promenade N 319 Sold | $490,000 | 1 | 1 | 910 | $538 | 0.3 mi |
G 315 W 3rd Street 301 Active | $565,000 List Price | 2 | 2 | 1,069 | $529 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the building's age (1922), the unit has undergone a 'beautiful stunning remodel' as stated in the description, which is strongly supported by the images. The kitchen features modern white shaker cabinets, black marble-look countertops and backsplash, new stainless steel appliances (including a wine fridge), and contemporary track lighting. The flooring throughout is a modern wood-look laminate, and all visible fixtures and finishes appear new or virtually new, meeting current quality standards with no signs of deferred maintenance. The overall aesthetic is fresh and updated.
The unit boasts breathtaking ocean views, complemented by 180-degree views of the Queen Mary and Marina from the building's 12th-floor Solarium, enhancing its desirability and value.
Situated in a highly desirable area, the property offers easy walking access to major attractions such as Shoreline Village, Terrace Theatre, Long Beach Aquarium, The Pike, and the beach.
As one of the few properties on Ocean Blvd that permits AirBnB, this unit presents a significant advantage for potential rental income and investment flexibility.
The property carries a substantial monthly association fee of $699.0, which can significantly impact the overall cost of ownership.
The unit relies on community laundry facilities, which may be less convenient compared to having private in-unit washer and dryer.
The listing indicates that 'nearby rental parking is available,' implying the unit does not come with a dedicated parking space, potentially incurring additional costs and inconvenience.
Come and discover this beautiful stunning remodeled 1 bed, 1 bath corner unit condo with breathtaking ocean views! Huge unit. Located in the iconic Sovereign Building, this unit features modern amenities such as a key fob entry, an onsite manager, community laundry, and a personal storage space in the basement. Enjoy the 12th floor Solarium, offering 180-degree views of the Queen Mary and the Marina, complete with a large sitting area and bathrooms- ideal for entertaining! Prime location! Just a short walk to Shoreline Village, Terrace Theatre, Long Beach Aquarium, and the vibrant shops and restaurants at The Pike, plus easy access to the beach. One of the few properties on Ocean Blvd that permits AirBnB's. Don't miss out on this incredible opportunity to own a piece of this coastal paradise! Nearby rental parking is available.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 951 | 880 | 59% |
| Lot Size | 7,371 | 22,651.199 | 12% |
| Price | $488.8K | $488.8K | 50% |
| Price per sq ft | $514 | $578 | 25% |
| Built year | 1922 | 1972 | 5% |
| HOA | $699.0 | $475 | 72% |
| Days on market | 72 | 182 | 6% |
Feb 9, 2026
$488,800
Initial Listing
May 23, 2023
$529,000
Public Record
Oct 24, 2022
$375,000
Public Record
Oct 24, 2022
$421,000
Public Record