
Long Beach, California 90804
This Updated Studio Condominium is a Strong Value Opportunity, listed at $270,000—positioned well below the $284,647 Fair Market Value by 5%. This valuation gap provides $14,647 in Instant Equity. The unit maintains a Condition Rating of 3, featuring a renovated Granite Kitchen and newer cabinetry. Residents enjoy resort-style amenities including a pool, spa, and gym, while benefiting from proximity to Gant Elementary (10/10) and CSULB. This turnkey asset is perfectly suited for Buy-and-Hold Investors or first-time buyers seeking an affordable, high-demand coastal entry point.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5585 E Pacific Coast 230 Subject | $270,000* List Price | 0 | 1 | 418 | $681 | - |
A 5585 E Pacific Coast Hwy 125 Active | $269,900 List Price | 0 | 1 | 418 | $646 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant updates including newer kitchen cabinetry, granite countertops, and laminate flooring. Although the building was constructed in 1970, the unit has been well-maintained with functional appliances and updated bathroom vanities, fitting the criteria for a well-maintained home with minimal wear and tear.
Elementary School: Gant Elementary School (10/10).
Situated within walking distance to Cal State Long Beach and the VA Hospital, this property offers exceptional convenience for students, faculty, and medical professionals.
Residents enjoy a resort-style lifestyle with access to a pool, hot tub, state-of-the-art gym, saunas, and a secure, gated community environment.
With only 418 square feet of living space, the studio layout may be too small for those requiring separate living and sleeping quarters.
The monthly association fee of $402.75 is a significant recurring cost relative to the property's size and price, which may impact overall affordability.
One of the best priced condo's in all of Long Beach with a great location as well plus parking! Walking distance to Cal State Long Beach, the VA hospital, Target and many restaurants. A 5 min drive to all of the shops at 2nd and PCH and the 405 & 605 FWY's. Very close to public transit as well. The Park Ocean community offers many great amenities to the residents including a great lounge area on the 1st flor with tons of seating, fireplace and TV. On the 3rd floor there is an open Gym with state-of-the-art equipment, there are an additional 2 separate work out rooms. Separate men and women's bathroom/shower rooms with their own sauna rooms. Outside in the center of the building is a large pool and hot tub. A gas grill is also available to residents located in the courtyard. The Park Ocean building is also very secure, entrances are locked and access is only available with a key or fob. This unit also includes 1 PARKING SPACE; parking is also gated and secure. The condo itself is nicely located at the back of the community, which is one of the quietest locations. The home has been nicely upgraded with newer kitchen cabinets and vanities with granite counter tops. Large closet area off of the restroom and additional storage in the hall cabinets. There is also a large double paned window the lets in lots of natural light.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.0 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 3% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 418 | 856 | 3% |
| Lot Size | 147,503 | 24,596 | 88% |
| Price | $270.0K | $475.0K | 3% |
| Price per sq ft | $646 | $534 | 88% |
| Built year | 1970 | 1987 | 19% |
| HOA | $402.75 | $440 | 41% |
| Days on market | 5 | 154 | 3% |
Apr 17, 2026
$270,000
Initial Listing
Apr 20, 2017
$190,000
Public Record
Jul 28, 2014
$145,000
Public Record
Jan 28, 2008
$150,000
Public Record
Jul 12, 2002
$71,000
Public Record