388 E Ocean 1614, Long Beach, California 90802, Long Beach, 90802 - 2 bed, 2 bath

388 E Ocean 1614, Long Beach, California 90802 home-pic-0
ACTIVE$728,000
388 E Ocean 1614, Long Beach, California 90802
2Beds
2Baths
1,040Sqft
120,506Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
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.
Top Cons:
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.

Compared to the nearby listings

Price:$728.0K vs avg $485.0K (+$243,000)79%
Size:1,040 sqft vs avg 898 sqft72%
Price/sqft:$700 vs avg $58976%

More Insights

Built in 2004 (21 years old).
Condition: 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.
Year Built
2004
Close
-
List price
$728K
Original List price
$770K
Price/Sqft
$700
HOA
$561.47
Days on market
-
Sold On
-
MLS number
PW25229787
Home ConditionGood
Features
Excellent View: City Lights, Mountain(s)
Deck
ViewCity Lights,Mountain(s)

About this home

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.

Nearby schools

6/10
Chavez Elementary School
Public,K-50.4mi
7/10
Stevenson Elementary School
Public,K-50.5mi
7/10
International Elementary School
Public,K-50.7mi
5/10
Edison Elementary School
Public,K-50.9mi
7/10
Lincoln Elementary School
Public,K-51.2mi
7/10
Roosevelt Elementary School
Public,K-51.4mi
6/10
Franklin Classical Middle School
Public,6-80.7mi
6/10
Washington Middle School
Public,6-81.4mi
6/10
Polytechnic High School
Public,9-121.5mi
3/10
Cabrillo High School
Public,9-122.5mi

Price History

Date
Event
Price
12/30/20
Sold
$12,000
06/26/19
Sold
$585,000
06/25/13
Sold
$360,000
05/05/06
Sold
$664,545
Condition Rating
Good

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.
Pros & Cons

Pros

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.
Modern & Well-Equipped Interior: This spacious, well-designed modern condominium features a large walk-in closet, central air conditioning, and a full-size washer and dryer inside the unit for convenience.
Prime Downtown Location: Situated in vibrant Downtown Long Beach, the property offers excellent walkability and proximity to gourmet restaurants, trendy shops, museums, beaches, Shoreline, The Pike, and the Convention Center.

Cons

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.

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