525 E Seaside Way 305, Long Beach, California 90802, Long Beach, 90802 - 2 bed, 2 bath

525 E Seaside Way 305, Long Beach, California 90802 home-pic-0
ACTIVE$788,000
525 E Seaside Way 305, Long Beach, California 90802
2Beds
2Baths
1,218Sqft
40,552Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Unobstructed Ocean & Landmark Views: Unit 305 offers stunning, unobstructed panoramic vistas of the Pacific Ocean and the iconic Queen Mary, providing a premium visual experience and enhancing property value.
Top Cons:
High Monthly Association Fee: The association fee of $1,066.12 is substantial and represents a significant ongoing cost of ownership, which could impact affordability for some buyers.

Compared to the nearby listings

Price:$788.0K vs avg $485.0K (+$303,000)80%
Size:1,218 sqft vs avg 898 sqft77%
Price/sqft:$647 vs avg $58965%

More Insights

Built in 1990 (35 years old).
Condition: The property, built in 1990, is well-maintained and functional, but the kitchen and bathrooms are significantly outdated in terms of style and features. The kitchen includes a dated fluorescent light panel, solid surface countertops, and an electric coil-top range. Bathrooms feature traditional fixtures and tile work that appear to be from an older renovation or original to the build. While some areas like the living room have updated hardwood flooring, the key areas of kitchen and bathrooms show clear signs of being aged and require minor updates to meet current aesthetic and functional standards, aligning with the 'Fair' condition criteria.
Year Built
1990
Close
-
List price
$788K
Original List price
$799K
Price/Sqft
$647
HOA
$1,066.12
Days on market
-
Sold On
-
MLS number
PW25176024
Home ConditionFair
Features
Excellent View: Harbor, Landmark, Marina, Neighborhood, Ocean
Deck
Pool
Spa
ViewHarbor, Landmark, Marina, Neighborhood, Ocean

About this home

Wake up to panoramic vistas of the Pacific Ocean and the iconic Queen Mary! Unit 305 boasts unobstructed ocean views, offering a front-row seat to the iconic Long Beach landmarks and its most popular events. Central air and heat ensure year-round comfort in the unit and the private balcony is perfect for unwinding in the evenings. The building, Harbor Place Tower, offers resort-style amenities that include a modern lobby, sparkling pool with sun deck, spa, gym, sauna, fire pit, ping pong table, meeting room, viewing deck and 80 guest parking spaces. The 24/7 security guard on duty at the building adds peace of mind and a package concierge is available for residents convenience. Location is highly walkable. The beach and its walk/bike path is a short walk away as well as a variety of restaurants, bars, coffee shops, the famous Pine Ave, the Shoreline Village and The Performing Arts Center. The building is in the center of the new growth of the vibrant downtown Long Beach and across the street from the planned 2028 summer Olympics site.

Price History

Date
Event
Price
09/11/01
Sold
$271,000
Condition Rating
Fair

The property, built in 1990, is well-maintained and functional, but the kitchen and bathrooms are significantly outdated in terms of style and features. The kitchen includes a dated fluorescent light panel, solid surface countertops, and an electric coil-top range. Bathrooms feature traditional fixtures and tile work that appear to be from an older renovation or original to the build. While some areas like the living room have updated hardwood flooring, the key areas of kitchen and bathrooms show clear signs of being aged and require minor updates to meet current aesthetic and functional standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Unobstructed Ocean & Landmark Views: Unit 305 offers stunning, unobstructed panoramic vistas of the Pacific Ocean and the iconic Queen Mary, providing a premium visual experience and enhancing property value.
Prime Walkable Downtown Location: The property boasts a highly walkable location with short access to the beach, bike paths, diverse restaurants, bars, coffee shops, Pine Ave, Shoreline Village, and The Performing Arts Center, situated in a vibrant growth area near the planned 2028 Olympics site.
Extensive Resort-Style Building Amenities: Harbor Place Tower provides a comprehensive suite of amenities including a modern lobby, sparkling pool with sun deck, spa, gym, sauna, fire pit, ping pong table, meeting room, viewing deck, and 80 guest parking spaces.
Enhanced Security & Resident Services: Residents benefit from peace of mind with a 24/7 security guard on duty and the convenience of a package concierge service.
Year-Round Comfort & Private Outdoor Space: The unit ensures comfort with central air and heat, complemented by a private balcony perfect for unwinding and enjoying the surroundings.

Cons

High Monthly Association Fee: The association fee of $1,066.12 is substantial and represents a significant ongoing cost of ownership, which could impact affordability for some buyers.
Potential for Unit Updates: Built in 1990, while the building offers modern amenities, the description does not specify recent interior renovations within the unit, suggesting a potential need or desire for buyer-initiated updates to modernize the living space.
Downtown Environment Considerations: Being in the center of a vibrant and growing downtown area, and across from a planned Olympic site, could lead to increased urban noise, traffic, and density, which may not appeal to all buyers seeking a quieter residential environment.

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