388 E Ocean 1614, Long Beach, California 90802, Long Beach, 90802 - 2 bed, 2 bath
388 E Ocean 1614
Long Beach, California 90802
Property Price
SUMMARY
Analysis of 388 E Ocean 1614, Long Beach, California 90802 is currently available with a list price of $728,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2004, this condominium is 20 years old and appears to be in well-maintained, move-in ready condition. The property features hardwood flooring throughout, central air conditioning, and stainless steel kitchen appliances. While the kitchen cabinetry, black granite countertops, and bathroom vanity/fixtures reflect the original build year and are not extensively updated to current modern trends, they are clean, functional, and show minimal wear and tear. No immediate renovations are required, aligning with the 'Good' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Panoramic Views & Corner Unit
Enjoy panoramic fountain and city lights views from this 16th-floor North West corner unit, offering bright interiors and views from every room, complemented by a wrap-around balcony.
- Premium Parking & Storage
The unit includes a rare private garage and an additional parking space, a significant advantage in a high-density urban environment.
- Extensive Building Amenities
Residents benefit from 24/7 concierge, an on-site manager, fitness center, pool, sauna, community room, BBQ area, and business center, enhancing the luxury living experience.
CONSRISKS & DEFICIENCIES
- High HOA Dues
The association fee of $561.47 per month is substantial and could be a deterrent for some buyers, impacting overall affordability despite including some utilities.
- Recent Price Reductions
Multiple price reductions from the original list price of $769,500 to the current $728,000 suggest potential overpricing or a slower market response, which may raise buyer concerns about value.
- Potential for Urban Noise
As a corner unit overlooking a fountain and the Performing Arts Center in a vibrant downtown area, there is a potential for increased noise from city activities and events.
About 388 E Ocean 1614
JUST REDUCED! Enjoy the luxury high-rise living from the 16th floor of the Aqua. Take in panoramic fountain and city lights views from this lovely North West corner unit looking over the fountain and Performing Arts Center. This popular model is light bright with views from every room and wrap around balcony. Spacious well designed modern condominium with large walk-in closet, central air conditioning system, full size washer and dryer inside of unit for your daily convenience. Comes with rare PRIVATE GARAGE and one extra parking space. The building offers 27/7 concierge, inside manager, basic Frontier internet, water, trash and sewer services included in HOA dues, fitness center, pool, sauna and a community room for gatherings, BBQ area, and business center. Best location in the vibrant Downtown Long Beach, close to gourmet restaurants, trendy shops, museums, beaches, Shoreline, The Pike, Convention Center, Aquarium and so much more.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2004
- Lot Size
- 120,506 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $561.47 / Month
Neighborhood Insights
Long Beach Unified Schools
Chavez Elementary School
Grades K-5 • 0.4 mi
Stevenson Elementary School
Grades K-5 • 0.5 mi
International Elementary School
Grades K-5 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 53% |
| Baths | 2.0 | 1.0 | 53% |
| Square foot | 1,040 | 865 | 78% |
| Lot Size | 120,506 | 22,493 | 96% |
| Price | $728.0K | $485.0K | 82% |
| Price per sq ft | $700 | $578 | 80% |
| Built year | 2004 | 1965 | 84% |
| HOA | $561.47 | $430 | 67% |
| Days on market | 141 | 184 | 32% |
Pricing History
Listed for Sale
Dec 11, 2025
$728,000
$739,500
-2% Price Drop
Initial Listing
Price Change
Nov 20, 2025
$739,500
$750,000
-1% Price Drop
Initial Listing
Price Change
Nov 7, 2025
$750,000
$769,500
-3% Price Drop
Initial Listing
Price Change
Oct 16, 2025
$769,500
Initial Listing
Sold
Dec 30, 2020
$12,000
Public Record
Sold
Jun 26, 2019
$585,000
Public Record
Sold
Jun 25, 2013
$360,000
Public Record
Sold
May 5, 2006
$664,545
Public Record