
Long Beach, California 90802
This Luxury High-Rise Condominium is a High-Potential Investment Opportunity, listed at $745,000—positioned above the $700,816 Fair Market Value. While priced slightly above market, the unit offers an Excellent Condition Rating with modern interior upgrades and unobstructed panoramic ocean views. Featuring 24/7 security, gated parking, and a prime downtown location, this property provides a premium lifestyle experience. It is an ideal acquisition for Owner-Occupants seeking a turnkey coastal residence or sophisticated professionals prioritizing luxury amenities and walkability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 488 E Ocean Boulevard 1210 Subject | $745,000* List Price | 2 | 2 | 990 | $708 | - |
A 488 E Ocean 614 Sold | $660,000 | 2 | 2 | 1,020 | $647 | 0.0 mi |
B 488 E Ocean Boulevard 1208 Sold | $678,000 | 2 | 2 | 990 | $685 | 0.0 mi |
C 525 E Seaside Way 1504 Sold | $690,000 | 2 | 2 | 1,030 | $670 | 0.1 mi |
D 700 E Ocean 2406 Sold | $900,000 | 2 | 2 | 1,080 | $833 | 0.2 mi |
E 411 W Seaside Way 402 Sold | $675,000 | 2 | 2 | 1,040 | $649 | 0.5 mi |
F 411 W Seaside 1506 Sold | $569,500 | 1 | 1 | 900 | $633 | 0.5 mi |
G 488 E Ocean 708 Active | $749,999 List Price | 2 | 2 | 990 | $758 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2004 (22 years old), the property remains well-maintained and move-in ready. The listing highlights an updated kitchen with newer stainless steel appliances and hardwood floors, which aligns with the criteria for a property that has undergone maintenance/updates within the 5-15 year range.
This rare 12th-floor unit offers unobstructed views of the Pacific Ocean, Catalina Island, and city lights, providing a front-row seat to the Long Beach Grand Prix and Queen Mary fireworks.
The building features high-end services including a 24/7 security concierge, fitness center with sauna, and gated underground parking for two vehicles, which is a significant premium in a downtown setting.
The unit is move-in ready with high ceilings, hardwood floors, and a recently updated kitchen with newer stainless steel appliances, complemented by the convenience of in-unit laundry.
At 990 square feet for a two-bedroom, two-bathroom configuration, the interior layout may feel somewhat restrictive for buyers seeking more spacious living or dining areas.
While the local elementary schools are well-rated, the assigned high school has a low rating of 3, which may be a deterrent for families with older children and impact future resale appeal.
Welcome to Long Beach's premier luxury high-rise. This rare unit offers stunning unobstructed views of the Pacific Ocean, stretching across the shimmering coastline, city lights, and unforgettable sunsets. There are two private balconies (from living room and bedroom) to enjoy front-row views of the Long Beach Grand Prix, and spectacular fireworks from the Queen Mary on 4th of July and New Year's Eve, all from the comfort of your home. As one of the coveted floorplans in the building, this unit features 2 bedrooms & 2 full bathrooms, high ceilings, large windows bringing in incredible sunlight, updated kitchen with newer stainless steel appliances, hardwood floors, large walk-in closet in master bedroom, central AC & heating, in-unit washer & dryer, and gated underground parking for 2 cars. Building Amenities include water and trash, 24/7 Security Concierge, Fitness Center with Sauna, Club Room and Business 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 | 1.0 | 52% |
| Baths | 2.0 | 1.0 | 55% |
| Square foot | 990 | 859 | 68% |
| Lot Size | 120,506 | 28,583 | 94% |
| Price | $745.0K | $495.0K | 85% |
| Price per sq ft | $753 | $595 | 82% |
| Built year | 2004 | 1973 | 84% |
| HOA | $595.25 | $475 | 61% |
| Days on market | 23 | 151 | 1% |
May 14, 2026
$745,000
Initial Listing
May 26, 2011
$335,000
Public Record
May 12, 2006
$705,500
Public Record