388 E Ocean 703, Long Beach, California 90802, Long Beach, 90802 - 2 bed, 2 bath
388 E Ocean 703
Long Beach, California 90802
Property Price
SUMMARY
Analysis of 388 E Ocean 703, Long Beach, California 90802 is currently available with a list price of $710,000. 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.
The property is move-in ready and features several high-quality updates, including a renovated kitchen with blue marble countertops, white cabinetry, and stainless steel appliances. It also boasts engineered hardwood flooring throughout, fresh interior paint, and updated bathroom lighting. While the building was constructed in 2004 (22 years ago), the recent aesthetic improvements and well-maintained resort-style amenities place it firmly in the 'Good' category.
PROSSTRENGTHS & OPPORTUNITIES
- Panoramic Ocean Views
As a coveted corner residence, this property offers sweeping south-facing views of the ocean, coastline, and marina through expansive windows and wraparound balconies.
- Premium Building Amenities
The building provides a luxury lifestyle with 24-hour concierge service, a pool, spa, gym, and sauna, with the HOA fee conveniently including high-speed internet and cable.
- Modern Interior Upgrades
The interior features high-end finishes including an updated kitchen with blue marble countertops, engineered hardwood flooring, and fresh paint, making it move-in ready.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Dues
The monthly association fee of $817.06 is relatively high, which may impact the overall affordability and debt-to-income ratio for potential buyers.
- Lower-Rated High Schools
While elementary school options are strong, the assigned high schools in the district carry lower ratings, which could be a drawback for families with older children.
About 388 E Ocean 703
Coveted corner residence offering sweeping south-facing ocean and coastline views, showcased through expansive windows and wraparound balconies. Tucked away from Ocean Boulevard traffic, this quiet setting allows you to fully enjoy the scenery and coastal ambiance. The thoughtfully upgraded interior features an updated kitchen with white cabinetry, blue marble countertops that echo the ocean beyond, stainless steel appliances, engineered hardwood flooring throughout, fresh interior paint, new bathroom light fixtures, and convenient indoor laundry. Residents enjoy resort-style amenities including a pool, spa, barbecue area, well-appointed gym, sauna, and the standout feature—24-hour concierge service. The HOA fee also includes high speed internet and basic cable. Ideally situated in the heart of downtown with effortless walkability to restaurants, coffee shops, and shopping, plus a front-row seat to the Long Beach Grand Prix and other iconic city events.
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
- $817.06 / 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 | 54% |
| Baths | 2.0 | 1.0 | 53% |
| Square foot | 1,020 | 865 | 74% |
| Lot Size | 120,506 | 21,979 | 96% |
| Price | $710.0K | $482.5K | 78% |
| Price per sq ft | $696 | $581 | 79% |
| Built year | 2004 | 1965 | 85% |
| HOA | $817.06 | $430 | 81% |
| Days on market | 24 | 184 | 1% |
Pricing History
Listed for Sale
Feb 10, 2026
$710,000
Initial Listing
Sold
Jul 15, 2022
$700,000
Public Record
Sold
May 23, 2006
$655,000
Public Record