388 E Ocean 1402, Long Beach, California 90802, Long Beach, 90802 - 1 bed, 1 bath
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Long Beach, California 90802
This High-Potential Investment Opportunity is listed at $515,000, positioned above the $437,560 Fair Market Value by 17%. While priced at a premium, the unit offers a Condition Rating of 4, providing a stable foundation for cosmetic modernization. The property features Panoramic Ocean Views, a wrap-around balcony, and luxury HOA amenities including a pool and 24/7 concierge. Located in the Long Beach Unified district, this unit is an ideal acquisition for Buy-and-Hold Investors or urban professionals seeking a high-end coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 388 E Ocean 1402 Subject | $515,000* List Price | 1 | 1 | 600 | $729 | - |
A 388 E Ocean 709 Sold | $415,000 | 1 | 1 | 590 | $703 | 0.0 mi |
B 488 E Ocean Boulevard 1209 Sold | $465,000 | 1 | 1 | 590 | $788 | 0.0 mi |
C 388 E Ocean Boulevard 1112 Sold | $465,000 | 1 | 1 | 680 | $684 | 0.0 mi |
D 388 E Ocean Boulevard 1404 Sold | $485,000 | 1 | 1 | 680 | $713 | 0.0 mi |
E 834 E 4th Street 29 Sold | $412,000 | 1 | 1 | 630 | $654 | 0.5 mi |
F 140 Linden 354 Sold | $380,000 | 1 | 1 | 628 | $605 | 0.2 mi |
G 140 Linden Avenue 606 Active | $369,000 List Price | 1 | 1 | 522 | $707 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, the property is 22 years old and appears to retain its original builder-grade kitchen and bathroom finishes. While the unit is well-maintained and functional with essential systems like HVAC and in-unit laundry, the light wood cabinetry and slate flooring are dated, meeting the criteria for a property over 20 years old needing cosmetic updates.
Situated on the 14th floor, this unit offers rare, unobstructed panoramic views of the Pacific Ocean, Catalina Island, and the Queen Mary from a wrap-around glass balcony.
Residents benefit from a 24/7 concierge, fitness center, pool, and spa, providing a high-end resort lifestyle in the heart of Downtown Long Beach.
Unlike many urban condos, this unit includes a dedicated parking space and a private storage room, alongside essential in-unit laundry and central air conditioning.
At just 600 square feet, the interior footprint is relatively compact, which may challenge buyers looking for more spacious living or dining areas.
The monthly association fee of approximately $538 adds a significant recurring cost to the ownership budget, impacting overall affordability for a one-bedroom unit.
Super cute OCEAN VIEW unit at the popular Aqua condominium community. Enjoy panoramic coastal views from your living room, kitchen and wrap around glass balcony in this well designed modern condominium. High enough to look out over the sports arena and convention center to see Catalina, Queen Mary, Grand Prix course and sand on the beach. There is a spacious bedroom with walk-in closet. There is everything you would expect in a luxury home including air conditioning and full size washer and dryer. This unit comes with one dedicated parking space PLUS STORAGE ROOM. HOA amenities, include 24/7 concierge desk, gym, spa, pool, club room, and business centers. Close to the beach, entertainment, transportation, and shopping.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
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 | 600 | 853 | 16% |
| Lot Size | 120,506 | 29,185.199 | 94% |
| Price | $515.0K | $490.0K | 57% |
| Price per sq ft | $858 | $589 | 90% |
| Built year | 2004 | 1973 | 83% |
| HOA | $537.99 | $475 | 53% |
| Days on market | 32 | 158 | 2% |
May 14, 2026
$515,000
Initial Listing
May 16, 2006
$414,500
Public Record