411 W Seaside Way 1804, Long Beach, California 90802, Long Beach, 90802 - 2 bed, 2 bath
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Long Beach, California 90802
This 18th-floor coastal residence represents a Strong Value Opportunity, listed at $999,000—positioned above the $909,649 Fair Market Value. While priced at a premium, the property functions as a turnkey Buy-and-Hold Investor asset, featuring a long-term lease and qualified tenants. With a Good Condition Rating, the unit offers panoramic ocean and city views, dual balconies, and luxury amenities. This high-rise asset is ideal for 1031 Exchange Investors seeking immediate, stable cash flow in the established Downtown Long Beach market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 411 W Seaside Way 1804 Subject | $999,000* List Price | 2 | 2 | 1,330 | $684 | - |
A 411 W Seaside Way 703 Sold | $799,000 | 2 | 2 | 1,410 | $567 | 0.0 mi |
B 400 W Ocean Boulevard 1202 Sold | $925,000 | 2 | 2 | 1,440 | $642 | 0.0 mi |
C 850 E Ocean Boulevard 302 Sold | $850,000 | 2 | 2 | 1,370 | $620 | 0.8 mi |
D 525 E Seaside 2107 Sold | $875,000 | 2 | 2 | 1,324 | $661 | 0.6 mi |
E 400 W Ocean 1702 Sold | $1,249,000 | 3 | 3 | 1,760 | $710 | 0.0 mi |
F 700 E Ocean 1708 Sold | $825,000 | 3 | 2 | 1,260 | $655 | 0.7 mi |
G 400 W Ocean Boulevard 902 Active | $1,088,000 List Price | 2 | 2 | 1,440 | $756 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007 (19 years old), the property falls within the 10-20 year age bracket for a Good rating. It is well-maintained and move-in ready, featuring recent capital improvements such as new carpet, fresh paint, and updated appliances. The kitchen and bathrooms remain functional with granite countertops and stainless steel fixtures, showing no signs of deferred maintenance.
The property features a long-term lease with qualified tenants already in place, providing immediate cash flow and making it a turnkey opportunity for 1031 exchange investors.
Located on the 18th floor, the residence offers rare dual balconies with panoramic views spanning Catalina Island, the LA Harbor, and the Pacific Ocean.
West Ocean Towers provides an extensive amenity package including a 24-hour concierge, fitness centers, wine storage, and resort-style pool facilities, supporting high tenant retention.
The monthly HOA fee of $1,014.13 is substantial, which may impact the net return on investment and overall affordability for some buyers.
With a long-term lease currently in place, the property is not available for immediate move-in, which limits its appeal to traditional owner-occupant buyers.
HIGH-PERFORMING COASTAL INVESTMENT | 1031 EXCHANGE ELIGIBLE | SELLER FINANCING AVAILABLE Rare opportunity to acquire an 18th-floor coastal residence in West Ocean Towers with a long-term lease in place and qualified tenants secured, delivering immediate income from day one. Ideal for 1031 exchange or portfolio investors seeking a turnkey income-producing high-rise asset with stable tenancy. 411 Seaside Way #1804 is a 2BR/2BA, 1,330 sq ft luxury condo in one of Downtown Long Beach’s most established luxury high-rise communities. The residence features panoramic views spanning Catalina Island, the LA Harbor, iconic bridges, the Pacific Ocean, and the entire LA Basin skyline, supporting consistent rental demand.Recent capital improvements reduce near-term maintenance and support tenant retention, including full repaint, new carpet, updated fixtures, new refrigerator, stackable washer/dryer, and upgraded kitchen and bath features. The open-concept kitchen features stainless steel gas appliances, granite countertops, and rich wood cabinetry. Floor-to-ceiling windows provide all-day natural light and expansive coastal skyline views. Two private balconies—a rare feature in this building—provide multiple outdoor vantage points for ocean breezes and sunset views. West Ocean Towers is a full-service luxury high-rise offering concierge, pool, spa, sauna, fitness centers, guest suites, wine storage, resident lounges, business center, and controlled-access security, supporting strong tenant demand and long-term occupancy stability. Full-service amenities continue to attract professional and executive-level tenants seeking luxury coastal living.Monthly HOA includes gas, water, trash, sewer, insurance, and full maintenance of common areas, plus 24-hour security, resort-style amenities, and comprehensive building services. Investor Highlights: Executed long-term lease with qualified tenants | Immediate income from day one | Rare two-balcony floor plan | 18th-floor coastal high-rise | Two deeded parking spaces included | Seller financing available to qualified buyers | Full financial package and lease details available upon request Coastal income-producing asset offering immediate cash flow and strong positioning in one of Southern California’s most established high-rise communities. Rare lease-in-place opportunity within Downtown Long Beach’s luxury high-rise market. Some images have been virtually staged.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 52% |
| Baths | 2.0 | 1.0 | 54% |
| Square foot | 1,330 | 859 | 87% |
| Lot Size | 33,275 | 29,185.199 | 58% |
| Price | $999.0K | $490.0K | 94% |
| Price per sq ft | $751 | $589 | 82% |
| Built year | 2007 | 1973 | 92% |
| HOA | $1014.13 | $475 | 87% |
| Days on market | 24 | 157 | 2% |
May 21, 2026
$999,000
Initial Listing
Jun 24, 2009
$537,000
Public Record