488 E Ocean Boulevard 1208, Long Beach, California 90802, Long Beach, 90802 - 2 bed, 2 bath
ACTIVE UNDER CONTRACT$687,500
488 E Ocean Boulevard 1208, Long Beach, California 90802
2Beds
2Baths
990Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Panoramic Coastal Views: The condominium offers exceptional, unobstructed views of the coastline, Queen Mary, Catalina Island, harbor, marina, and city lights from every room, providing a premium living experience.
Top Cons:
Substantial HOA Fees: The monthly association fee of $558.45 is relatively high, adding a significant recurring cost to homeownership that potential buyers must factor into their budget.
Compared to the nearby listings
Price:$687.5K vs avg $485.0K (+$202,500)75%
Size:990 sqft vs avg 898 sqft62%
Price/sqft:$694 vs avg $58975%
More Insights
Built in 2004 (21 years old).
Condition: Built in 2004, the property is 20 years old and appears to retain many of its original finishes. While clean and well-maintained, the kitchen features dated black appliances, wood-toned flat-panel cabinets, and black granite countertops that are no longer current. The bathrooms also show their age with early 2000s style vessel sinks, wood vanities, and strip lighting. The main living area's light grey concrete-style flooring is a specific aesthetic choice that may not appeal to all buyers. Overall, the property is functional and move-in ready but requires minor cosmetic updates to the kitchen and bathrooms to meet modern design standards.
Year Built
2004
Close
-
List price
$688K
Original List price
$688K
Price/Sqft
$694
HOA
$558.45
Days on market
-
Sold On
-
MLS number
PW25239010
Home ConditionFair
Features
Excellent View: Catalina, City Lights, Coastline, Harbor, Marina, Ocean
Deck
Pool
ViewCatalina,City Lights,Coastline,Harbor,Marina,Ocean
About this home
Views of the coastline and Queen Mary don't get much better than this SUNsational condominium home on the 12th floor of Aqua East in the heart of downtown Long Beach. This light and bright home offers 2 bedrooms, 2 baths, 2 private balconies, interior laundry, 1 deeded parking space and one generously-sized storage unit. AWESOME VIEWS from every room and a front row seat for aquatic events for the 2028 Olympic Games! The Aqua offers 24-hour concierge services along with a pool, fitness center, community room and more! Coastal life in Long Beach doesn't get much better than this!
Nearby schools
6/10
Chavez Elementary School
Public,•K-5•0.4mi
7/10
Stevenson Elementary School
Public,•K-5•0.5mi
7/10
International Elementary School
Public,•K-5•0.7mi
5/10
Edison Elementary School
Public,•K-5•0.9mi
7/10
Lincoln Elementary School
Public,•K-5•1.2mi
7/10
Roosevelt Elementary School
Public,•K-5•1.4mi
6/10
Franklin Classical Middle School
Public,•6-8•0.7mi
6/10
Washington Middle School
Public,•6-8•1.4mi
6/10
Polytechnic High School
Public,•9-12•1.5mi
3/10
Cabrillo High School
Public,•9-12•2.5mi
Price History
Date
Event
Price
06/20/06
Sold
$682,500
Condition Rating
Fair
Built in 2004, the property is 20 years old and appears to retain many of its original finishes. While clean and well-maintained, the kitchen features dated black appliances, wood-toned flat-panel cabinets, and black granite countertops that are no longer current. The bathrooms also show their age with early 2000s style vessel sinks, wood vanities, and strip lighting. The main living area's light grey concrete-style flooring is a specific aesthetic choice that may not appeal to all buyers. Overall, the property is functional and move-in ready but requires minor cosmetic updates to the kitchen and bathrooms to meet modern design standards.
Pros & Cons
Pros
Panoramic Coastal Views: The condominium offers exceptional, unobstructed views of the coastline, Queen Mary, Catalina Island, harbor, marina, and city lights from every room, providing a premium living experience.
Premium Building Amenities: Residents benefit from a comprehensive suite of amenities including 24-hour concierge services, a swimming pool, fitness center, and community room, enhancing convenience and lifestyle.
Strategic Downtown Location: Situated in the vibrant heart of downtown Long Beach, the property provides immediate access to urban conveniences, entertainment, and cultural attractions.
Private Outdoor Space & Parking: The unit includes two private balconies, interior laundry, a deeded parking space, and a generously-sized storage unit, adding significant value and practical benefits.
Modern Construction: Built in 2004, the building is relatively modern, suggesting contemporary design standards and potentially fewer immediate maintenance concerns compared to older properties.
Cons
Substantial HOA Fees: The monthly association fee of $558.45 is relatively high, adding a significant recurring cost to homeownership that potential buyers must factor into their budget.
Minimal Capital Appreciation: The property's current list price of $687,500 shows negligible appreciation since its 2006 sale price of $682,500, indicating poor long-term investment performance over 18 years.
Compact Square Footage: With 990 square feet for a 2-bedroom, 2-bathroom unit, the living space may be considered compact for some buyers, potentially limiting its appeal to those seeking more expansive interiors.