5585 E Pacific Coast 361, Long Beach, California 90804, Long Beach, 90804 - 1 bed, 1 bath
5585 E Pacific Coast 361
Long Beach, California 90804
Property Price
SUMMARY
Analysis of 5585 E Pacific Coast 361, Long Beach, California 90804 is currently available with a list price of $345,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready, turnkey condition following recent extensive updates. It features new luxury vinyl flooring throughout, fresh interior paint, and a modernized kitchen equipped with brand-new stainless steel appliances, sink, and faucet. While the building was constructed in 1970, the interior components have been refreshed within the last 5 years. It falls into the 'good' category rather than 'excellent' due to the lack of central air conditioning (utilizing a portable unit) and the age of the overall structure.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Gant Elementary School (10/10).
- Turnkey Modern Updates
The unit features fresh interior paint, new vinyl flooring, and a modernized kitchen with brand-new appliances, offering a move-in-ready experience for buyers or investors.
- Top-Floor Privacy
Situated on the third floor with no units above, this condo provides a quieter living environment and a private balcony to enjoy coastal breezes and neighborhood views.
CONSRISKS & DEFICIENCIES
- Compact Living Area
At approximately 597 square feet, the living space is relatively small, which may limit appeal for those needing extra storage or a home office setup.
- Lack of Central Air
The property relies on a portable A/C unit rather than a built-in central cooling system, which may be less efficient during peak summer temperatures.
About 5585 E Pacific Coast 361
**Price Improvement** Welcome to Park Ocean! This beautifully updated 1-bedroom, 1-bath third-floor condo offers peaceful living with no unit above and a private balcony perfect for enjoying the coastal breeze and scenic views. The home features fresh interior paint and new vinyl flooring throughout, creating a bright and move-in ready space. The open kitchen has been upgraded with new appliances (stove, refrigerator, dishwasher, microwave), plus a new sink and faucet. A portable A/C unit is also included for added comfort. Approximately 597 sq. ft. of well-designed living space makes this an ideal primary residence or investment opportunity. Conveniently located near CSULB, the VA Hospital, Belmont Shore Marina, local shopping, dining, and entertainment, with easy access to the 22, 605, and 405 freeways. The unit includes an assigned parking space in a gated community. Enjoy resort-style amenities including a heated pool, outdoor spa, sauna, tennis court, basketball area, BBQ space, clubhouse with fireplace, fully equipped gym with separate weight room, bike storage, and laundry facilities on each floor. HOA dues include water, trash, and sewer. Complex is VA approved. A quiet, turnkey home in a prime Long Beach location — don’t miss this opportunity!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1970
- Lot Size
- 147,503 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $474.0 / Month
Neighborhood Insights
Long Beach Unified Schools
Gant Elementary School
Grades K-5 • 1.0 mi
Lowell Elementary School
Grades K-5 • 1.0 mi
Rogers Middle School
Grades 6-8 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 17% |
| Baths | 1.0 | 2.0 | 24% |
| Square foot | 597 | 890 | 17% |
| Lot Size | 147,503 | 24,688 | 93% |
| Price | $345.0K | $480.0K | 17% |
| Price per sq ft | $578 | $536 | 83% |
| Built year | 1970 | 1988 | 14% |
| HOA | $474.0 | $422 | 79% |
| Days on market | 28 | 169 | 3% |
Pricing History
Listed for Sale
Feb 28, 2026
$345,000
$355,000
-3% Price Drop
Initial Listing
Price Change
Feb 6, 2026
$355,000
Initial Listing
Sold
Aug 12, 2022
$355,000
Public Record
Sold
May 11, 2021
$292,000
Public Record
Sold
Apr 24, 2006
$267,000
Public Record
Sold
Sep 16, 2003
$155,000
Public Record
Sold
Aug 12, 1999
$65,000
Public Record