388 E Ocean Boulevard 412, Long Beach, California 90802, Long Beach, 90802 - 1 bed, 1 bath

388 E Ocean Boulevard 412, Long Beach, California 90802 home-pic-0
ACTIVE$485,000
388 E Ocean Boulevard 412, Long Beach, California 90802
1Bed
1Bath
680Sqft
120,506Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Coastal Location: Prime downtown Long Beach coastal living, steps from the beach, Shoreline Village, The Pike Outlets, and Convention Center, offering unparalleled walkability and access to entertainment.
Top Cons:
High Monthly Association Fees: The $775.87 monthly HOA fee is significant for a 1-bedroom unit, potentially impacting affordability and cash flow for investors or owners.

Compared to the nearby listings

Price:$485.0K vs avg $485.0K (+$0)50%
Size:680 sqft vs avg 881 sqft28%
Price/sqft:$713 vs avg $58977%

More Insights

Built in 2004 (21 years old).
Condition: The condo, built in 2004, is well-maintained and move-in ready. Key systems like the central AC and heater were recently replaced (3 years ago). The description highlights premium finishes such as granite/quartzite countertops and a marble-tiled bathroom. While the kitchen features good quality countertops, the light wood cabinets and black appliances appear to be from an earlier update (likely 10-15 years ago) rather than a very recent, full renovation. The flooring throughout is in good condition, and the overall aesthetic is clean and functional, aligning with a 'Good' condition rating.
Year Built
2004
Close
-
List price
$485K
Original List price
$485K
Price/Sqft
$713
HOA
$775.87
Days on market
-
Sold On
-
MLS number
25592021
Home ConditionGood
Features
Good View: City Lights
Pool
Spa
ViewCity Lights

About this home

Experience luxury coastal living at Aqua Towers in vibrant downtown Long Beach. This beautifully updated condo features soaring 10' ceilings, granite and quartzite countertops, a marble-tiled bathroom, and two private balconies perfect for enjoying ocean breezes. The central AC and heater were replaced just three years ago, ensuring comfort and efficiency.The HOA includes WiFi, water, trash, and access to a wide range of premium amenities:* 24-hour security and concierge service* A secure gated garage with 1 dedicated parking space* State-of-the-art fitness center and sauna* Resident clubhouse and business centers with high-speed WiFi* Sparkling resort-style poolStep outside and you're just moments from the beach, Shoreline Village, Rainbow Lagoon, The Pike Outlets, and the Long Beach Convention Center. With the Long Beach Grand Prix circuit and dozens of dining and entertainment options nearby, this is truly the best of urban coastal living.Investment Potential: With the 2028 Olympics coming to Los Angeles and the condo's prime location near the Convention Center, this property offers incredible value as a long-term investment or as an Airbnb/short-term rental.Life at Aqua means luxury, convenience, and coastal charm all in one.

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
03/25/21
Sold
$405,000
05/31/06
Sold
$361,000
Condition Rating
Good

The condo, built in 2004, is well-maintained and move-in ready. Key systems like the central AC and heater were recently replaced (3 years ago). The description highlights premium finishes such as granite/quartzite countertops and a marble-tiled bathroom. While the kitchen features good quality countertops, the light wood cabinets and black appliances appear to be from an earlier update (likely 10-15 years ago) rather than a very recent, full renovation. The flooring throughout is in good condition, and the overall aesthetic is clean and functional, aligning with a 'Good' condition rating.
Pros & Cons

Pros

Exceptional Coastal Location: Prime downtown Long Beach coastal living, steps from the beach, Shoreline Village, The Pike Outlets, and Convention Center, offering unparalleled walkability and access to entertainment.
Premium Building Amenities: Aqua Towers provides a luxurious lifestyle with 24-hour security/concierge, a state-of-the-art fitness center, resort-style pool, clubhouse, business centers, and secure gated parking.
Modern & Updated Interior: Features include soaring 10' ceilings, high-end finishes like granite/quartzite countertops and marble-tiled bathroom, plus a recently replaced central AC/heater (3 years ago).
Strong Investment Opportunity: Excellent potential for long-term appreciation or short-term rental income (Airbnb) due to its prime location near the Long Beach Convention Center and the upcoming 2028 Olympics.
Comprehensive HOA Inclusions: Monthly HOA fees cover essential utilities like WiFi, water, and trash, enhancing the overall value and convenience for residents.

Cons

High Monthly Association Fees: The $775.87 monthly HOA fee is significant for a 1-bedroom unit, potentially impacting affordability and cash flow for investors or owners.
Compact Living Space: With 680 sqft and a 1-bed/1-bath configuration, the unit offers limited living space, which may not suit buyers seeking larger accommodations or those with families.
Limited Parking: Only one dedicated parking space is provided, which could be a drawback for residents with multiple vehicles or those who frequently host guests in a busy urban environment.

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