388 Ocean Boulevard 709, Long Beach, California 90802, Long Beach, 90802 - 1 bed, 1 bath

388 Ocean Boulevard 709, Long Beach, California 90802 home-pic-0
ACTIVE$449,000
388 Ocean Boulevard 709, Long Beach, California 90802
1Bed
1Bath
590Sqft
120,506Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Premier Coastal Location: Situated on Long Beach's iconic Ocean Boulevard, offering immediate walking access to the beach, shoreline bike path, Shoreline Village, Aquarium of the Pacific, and vibrant downtown amenities including cafes, boutiques, and world-class dining.
Top Cons:
High Association Fee: The association fee of $764.04 is substantial for a one-bedroom, one-bathroom unit, significantly impacting the overall monthly cost of ownership and potentially limiting buyer affordability.

Compared to the nearby listings

Price:$449.0K vs avg $485.0K ($-36,000)40%
Size:590 sqft vs avg 881 sqft11%
Price/sqft:$761 vs avg $58984%

More Insights

Built in 2004 (21 years old).
Condition: The property, built in 2004, falls within the 'Good' category's age range (10-20 years old). While the kitchen features dated light wood cabinets, a mosaic tile backsplash, and black appliances, it appears functional and well-maintained. The bathroom has a more updated white vanity, though the shower tile and light fixture show signs of being older. Overall, the condo is clean, move-in ready, and its major systems are functional, aligning with the 'Good' condition criteria despite some cosmetic updates being desirable in the kitchen.
Year Built
2004
Close
-
List price
$449K
Original List price
$455K
Price/Sqft
$761
HOA
$764.04
Days on market
-
Sold On
-
MLS number
PW25214220
Home ConditionGood
Features
Deck
Pool
Spa
ViewPool

About this home

Welcome to your beach living retreat — a beautiful one-bedroom, one-bathroom condo in the heart of Long Beach’s iconic Ocean Boulevard. Perfectly designed for comfort and convenience, this home includes a dedicated parking space and a large private storage unit, making beachside living both stylish and practical. Step outside and you’re immersed in the best of Long Beach living. Stroll less than 10 minutes to beach, shoreline bike path, or take in the vibrant energy of Shoreline Village and the Aquarium of the Pacific. Trendy cafes, local boutiques, and world-class dining along Pine Avenue and The Promenade are just minutes away. For cultural outings, you’ll find the Long Beach Museum of Art, Performing Arts Center, and lively festivals all year round.Whether you’re catching a sunset walk on the beach, enjoying the buzzing nightlife, or exploring farmer’s markets and waterfront concerts, this condo is your front-row seat to everything Long Beach has to offer. This spectacular unit also has 1 subterranean parking space, and a 7.9ft X 11ft (approximate) storage unit conveniently located next to the elevator. And PSST....I hear Long Beach has a lot planned for LA28 Olympics. **All photos with furniture are virtually staged**

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
04/30/21
Sold
$410,000
06/06/06
Sold
$332,500
Condition Rating
Good

The property, built in 2004, falls within the 'Good' category's age range (10-20 years old). While the kitchen features dated light wood cabinets, a mosaic tile backsplash, and black appliances, it appears functional and well-maintained. The bathroom has a more updated white vanity, though the shower tile and light fixture show signs of being older. Overall, the condo is clean, move-in ready, and its major systems are functional, aligning with the 'Good' condition criteria despite some cosmetic updates being desirable in the kitchen.
Pros & Cons

Pros

Premier Coastal Location: Situated on Long Beach's iconic Ocean Boulevard, offering immediate walking access to the beach, shoreline bike path, Shoreline Village, Aquarium of the Pacific, and vibrant downtown amenities including cafes, boutiques, and world-class dining.
Valuable Dedicated Amenities: The unit includes a dedicated subterranean parking space and a large 7.9ft x 11ft private storage unit conveniently located next to the elevator, which are highly desirable features for urban condo living.
Modern Construction Year: Built in 2004, the property benefits from relatively newer construction standards, potentially offering better infrastructure and fewer immediate maintenance issues compared to older buildings.
Vibrant Lifestyle & Culture: The location provides a front-row seat to a dynamic beachside lifestyle, with easy access to cultural outings like the Long Beach Museum of Art, Performing Arts Center, and year-round festivals and events.
Future Growth Potential: The mention of Long Beach's plans for the LA28 Olympics suggests potential for future development, increased local investment, and possible property value appreciation.

Cons

High Association Fee: The association fee of $764.04 is substantial for a one-bedroom, one-bathroom unit, significantly impacting the overall monthly cost of ownership and potentially limiting buyer affordability.
Compact Living Space: With 590 square feet, the unit offers a relatively small living area, which may not appeal to all buyers seeking more spacious accommodations or flexibility.
Recent Price Adjustment & Staging: A recent price reduction from $455,000 to $449,000, coupled with the disclosure that photos are virtually staged, could indicate market resistance or a need to enhance the property's perceived value.

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