5585 E Pacific Coast 171, Long Beach, California 90804, Long Beach, 90804 - 1 bed, 1 bath
ACTIVE$339,900
5585 E Pacific Coast 171, Long Beach, California 90804
1Bed
1Bath
597Sqft
147,503Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Exceptional Location: Centrally located in Long Beach, minutes from Cal State Long Beach, the VA Hospital, shopping, dining, and the beach, offering high convenience and desirability.
Top Cons:
Age of Construction: Built in 1970, the property is over 50 years old, which may imply dated infrastructure, potential for higher maintenance, or a need for interior updates.
Compared to the nearby listings
Price:$339.9K vs avg $485.0K ($-145,100)11%
Size:597 sqft vs avg 890 sqft19%
Price/sqft:$569 vs avg $54563%
More Insights
Built in 1970 (55 years old).
Condition: Built in 1970, this condo shows its age with largely original or very dated components. The kitchen features old-style white cabinets, an older white refrigerator, and a dated backsplash, though a stainless steel dishwasher is present. The bathroom has bright pink walls and older tile, despite some updated fixtures like the black faucet. Flooring consists of older carpet and tile. A window AC unit indicates a lack of modern central cooling. While functional and livable, the property requires significant cosmetic updates and system modernizations to meet current standards, aligning with the 'Fair' condition criteria.
Year Built
1970
Close
-
List price
$340K
Original List price
$355K
Price/Sqft
$569
HOA
$421.55
Days on market
-
Sold On
-
MLS number
DW25130346
Home ConditionFair
Features
Pool
Spa
Patio
ViewNeighborhood
About this home
Opportunity to own in Park Ocean, one of Long Beach’s most centrally located communities! This ground-floor 1-bed, 1-bath condo features a private patio, spacious layout, and tons of potential. The open living and dining areas flow into a kitchen with ample storage, while the bedroom offers generous space and a large closet. Park Ocean is a gated complex with resort-style amenities: pool, spa, fitness center, tennis court, BBQ area, clubhouse, assigned parking, guest parking, and on-site laundry. Just minutes from Cal State Long Beach, the VA Hospital, shopping, dining, and the beach. Ideal for first-time buyers, students, or investors looking for value in a prime location! - Subject of Virtual Staging
Nearby schools
10/10
Gant Elementary School
Public,•K-5•1.0mi
9/10
Lowell Elementary School
Public,•K-5•1.0mi
7/10
Rogers Middle School
Public,•6-8•0.8mi
7/10
Stanford Middle School
Public,•6-8•1.6mi
6/10
Wilson High School
Public,•9-12•1.1mi
Price History
Date
Event
Price
02/26/96
Sold
$48,500
Condition Rating
Fair
Built in 1970, this condo shows its age with largely original or very dated components. The kitchen features old-style white cabinets, an older white refrigerator, and a dated backsplash, though a stainless steel dishwasher is present. The bathroom has bright pink walls and older tile, despite some updated fixtures like the black faucet. Flooring consists of older carpet and tile. A window AC unit indicates a lack of modern central cooling. While functional and livable, the property requires significant cosmetic updates and system modernizations to meet current standards, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Exceptional Location: Centrally located in Long Beach, minutes from Cal State Long Beach, the VA Hospital, shopping, dining, and the beach, offering high convenience and desirability.
Extensive Community Amenities: The gated Park Ocean complex boasts resort-style amenities including a pool, spa, fitness center, tennis court, BBQ area, clubhouse, assigned parking, guest parking, and on-site laundry.
Broad Market Appeal: Ideal for a diverse range of buyers, including first-time buyers, students, and investors, indicating strong demand potential.
Private Outdoor Space: As a ground-floor unit, it features a private patio, providing valuable personal outdoor living space.
Investment Potential & Value: Described as having 'tons of potential' and offering 'value,' further enhanced by a recent price reduction from $355,000 to $339,900.
Cons
Age of Construction: Built in 1970, the property is over 50 years old, which may imply dated infrastructure, potential for higher maintenance, or a need for interior updates.
Compact Living Space: At 597 square feet with 1 bedroom and 1 bathroom, the unit offers limited living space, which may not suit buyers seeking more room or flexibility.
High Monthly HOA Fees: The association fee of $421.55 per month is substantial for a unit of this size, adding significantly to the overall cost of ownership.