
Long Beach, California 90802
Analysis of 488 E Ocean 1518, Long Beach, California 90802 is currently available with a list price of $712,600. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Property is new construction or fully renovated.
Although built in 2004, the property has undergone a complete high-end renovation within the last 5 years. It features a brand-new kitchen with modern cabinets and appliances, fully remodeled bathrooms with custom tile work and premium fixtures, and new flooring throughout, meeting the criteria for mint condition with no maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 120506, living area = 950.
Situated in the heart of Long Beach, this property offers an exceptional urban lifestyle within walking distance to the beach, the Aquarium of the Pacific, the Performing Arts Center, and premier dining.
The unit features a fully renovated interior including a brand-new kitchen with custom cabinetry, sleek new flooring, California custom closets, and a luxurious primary bathroom with a triple-head shower and Toto toilet.
The monthly association fee of $559.04 is a significant recurring cost that may impact the debt-to-income ratio and overall affordability for potential buyers.
With only 950 square feet for a two-bedroom, two-bathroom layout, the interior living area is relatively small, which may be a drawback for those requiring more spacious accommodations.
Welcome to this stunning, fully upgraded condo located in the vibrant heart of Long Beach. Thoughtfully designed with modern elegance in mind, this home features brand-new California custom closets, sleek new flooring throughout, and beautifully renovated bathrooms with custom primary bathroom shower with 3 shower heads and a toto toilet and contemporary finishes. The kitchen is equipped with all-new appliances, new kitchen remodel with new cabinets and counter tops offering both style and functionality. Perfectly situated just moments from the coast, this home is within walking distance to the beach, the Aquarium of the Pacific, and the iconic Queen Mary. As an added bonus, enjoy the excitement of the annual LBGP Long Beach Grand Prix race in April. Also walking distance from many restaurants and right next door to the Performing Arts Center.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.5 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 950 | 1,222 | 30% |
| Lot Size | 120,506 | 4,047.5 | 90% |
| Price | $712.6K | $794.5K | 30% |
| Price per sq ft | $750 | $747 | 50% |
| Built year | 2004 | 1921 | 90% |
| HOA | $559.04 | $0 | 80% |
| Days on market | 57 | 112 | 20% |
Apr 10, 2026
$712,600
Initial Listing
Jul 10, 2007
$590,000
Public Record