5585 E Pacific Coast Highway #214, Long Beach, California 90804, Long Beach, 90804 - 1 bed, 1 bath
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Long Beach, California 90804
This Turnkey Condominium represents a Strong Value Opportunity, listed at $315,000—positioned well below the $335,566 Fair Market Value by 6%. This valuation gap provides $20,566 in Instant Equity. Featuring a Condition Rating of 3, the unit includes a modernized kitchen with granite counters and a private balcony. Located near top-rated schools like Gant Elementary (10/10) and major transit, this property offers a balanced lifestyle. It is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5585 E Pacific Coast Highway #214 Subject | $315,000* List Price | 1 | 1 | 597 | $562 | - |
A 5585 E Pacific Coast Highway 132 Sold | $335,000 | 1 | 1 | 597 | $561 | 0.0 mi |
B 5585 E Pacific Coast Highway 340 Sold | $325,000 | 1 | 1 | 597 | $544 | 0.0 mi |
C 5585 E Pacific Coast E 353 Sold | $335,000 | 1 | 1 | 597 | $561 | 0.0 mi |
D 5585 E Pacific Coast 140 Sold | $320,000 | 1 | 1 | 597 | $536 | 0.0 mi |
E 5585 E Pacific Coast Highway 171 Active | $349,000 List Price | 1 | 1 | 597 | $585 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although the building was constructed in 1970, the unit features a renovated kitchen with modern white shaker cabinets, granite countertops, and stainless steel appliances. The bathroom has also been updated. The interior appears well-maintained and move-in ready, consistent with a 5-15 year renovation age.
Elementary School: Gant Elementary School (10/10).
Ideally situated near Cal State Long Beach, the VA Hospital, and major freeways (405, 605, 22), making it a high-demand location for students, faculty, and commuters.
The unit features a modernized kitchen and bathroom with granite countertops and stainless steel appliances, while the end-unit location offers enhanced privacy with only one shared wall.
The condo complex is not FHA approved, which significantly limits the pool of potential buyers and financing options for those with lower down payments.
The $475 monthly association fee is relatively high for a one-bedroom unit under 600 square feet, which may impact overall affordability for budget-conscious buyers.
This is a Short Sale, subject to lender approval. Welcome to the lovely Park Ocean community located very close to Long Beach State! This single-level condo has 1 bedroom and 1 bath within 597 sqft of living space along with the privacy of an end unit location on the 2nd floor, with only one shared wall. The updated kitchen features granite counters and stainless steel appliances. Your bathroom has also been updated with a granite counter. The bright living room has a slider leading to your private balcony facing southeast. A secure subterranean garage space (#100) is included for safe parking. Enjoy the many amenities of the HOA which includes secure building entry, welcoming lobby, mailboxes, elevators, a well-equipped fitness center (on the 3rd floor), a spacious lounge-style community rec room with a fireplace, big screen tv & plenty of seating options, plus a sparkling pool & spa, barbecue area and lovely landscaped courtyard. Conveniently located close to CSULB, the VA Hospital, Recreation Park plus numerous shopping and dining options area nearby. Easy access to the 405, 605 and 22 freeways to make commuting a breeze. Don’t miss out on this opportunity! Condo complex is VA approved but unfortunately not FHA approved.
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 |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 597 | 926 |
| Lot Size | - | 30,781 |
| Price | $315.0K | $514.8K |
| Price per sq ft | $528 | $568 |
| Built year | 1970 | 1979 |
| HOA | $475.0 | $475 |
| Days on market | 21 | 76 |
Jul 1, 2026
$315,000
Initial Listing
Jun 8, 2023
$385,000
Public Record
Jan 30, 2004
$175,000
Public Record