488 E Ocean 708, Long Beach, California 90802, Long Beach, 90802 - 2 bed, 2 bath
488 E Ocean 708
Long Beach, California 90802
Property Price
SUMMARY
Analysis of 488 E Ocean 708, Long Beach, California 90802 is currently available with a list price of $757,000. 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.
Built in 2004, this property is move-in ready and fits the criteria for a well-maintained home within the 20-year age range. The interior features high-quality materials including hardwood flooring in the living areas and bedrooms, granite countertops, and slate tile in the kitchen. With 10-foot ceilings, central HVAC, and all appliances included, the unit is functional and shows minimal wear, requiring no immediate renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Ocean Views & Prime Location
The unit features expansive open-air ocean views and is situated in the heart of Downtown Long Beach, providing immediate access to the beach, Shoreline Village, and major entertainment venues.
- High-End Interior Finishes
Boasting 10-foot ceilings, hardwood flooring, and granite countertops, the condo offers a modern, airy aesthetic that enhances the overall sense of luxury and space.
- Robust Building Amenities
Residents benefit from a comprehensive amenity package including 24/7 security, concierge services, a fitness center, and high-speed internet, providing a high-convenience lifestyle.
CONSRISKS & DEFICIENCIES
- Limited Parking
The unit includes only one assigned parking space, which may be a significant drawback for two-car households in a high-density urban environment where street parking is scarce.
- Modest Square Footage
At 990 square feet for a two-bedroom, two-bathroom configuration, the living space is relatively compact, which may feel restrictive for buyers requiring more room for furniture or storage.
About 488 E Ocean 708
Welcome to Unit 708 at 488 Ocean Boulevard, offering expansive open-air ocean views of the Pacific. This beautifully maintained condo features 10-foot ceilings and hardwood flooring throughout the living room and both bedrooms, creating a bright and open living space. The kitchen is appointed with granite countertops, slate tile flooring, ample cabinetry, and includes all appliances. An in-unit laundry room offers a full-size washer and dryer. Both bedrooms include walk-in closets, with the primary bedroom featuring an en-suite bathroom. The home is equipped with central air conditioning and heating for year-round comfort. Enjoy ocean and city views from the living room, bedrooms, and two private balconies. The unit includes one assigned parking space in a secure, gated underground garage. HOA amenities include water, 24/7 security and concierge services, fitness center, sauna, club room, business center, and high-speed internet through Frontier. Located just steps from the beach, coastal bike paths, Metro transit, dining, shopping, and entertainment venues including Shoreline Village, The Pike Outlets, Terrace Theater, and downtown Long Beach attractions. During April, balconies offer great views of the annual Long Beach Grand Prix.
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
- $450.0 / 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 | 990 | 865 | 68% |
| Lot Size | 120,506 | 21,979 | 96% |
| Price | $757.0K | $482.5K | 82% |
| Price per sq ft | $765 | $581 | 87% |
| Built year | 2004 | 1965 | 85% |
| HOA | $450.0 | $430 | 54% |
| Days on market | 147 | 184 | 32% |
Pricing History
Listed for Sale
Mar 1, 2026
$757,000
$759,900
+0% Price Increase
Initial Listing
Price Change
Jan 23, 2026
$759,900
$769,900
-1% Price Drop
Initial Listing
Price Change
Oct 10, 2025
$769,900
Initial Listing
Sold
Feb 25, 2022
$650,000
Public Record
Sold
Jun 14, 2006
$633,000
Public Record