5585 E Pacific Coast Highway 260, Long Beach, California 90804, Long Beach, 90804 - bed, 1 bath

5585 E Pacific Coast Highway 260, Long Beach, California 90804 home-pic-0
ACTIVE$249,000
5585 E Pacific Coast Highway 260, Long Beach, California 90804
0Bed
1Bath
418Sqft
147,503Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Gant Elementary School (10/10).
Top Cons:
Studio Configuration & Limited Space: As a 418 sqft studio, the property has inherent limitations in living space and appeals to a narrower buyer demographic.

Compared to the nearby listings

Price:$249.0K vs avg $485.0K ($-236,000)4%
Size:418 sqft vs avg 890 sqft11%
Price/sqft:$596 vs avg $54578%

More Insights

Built in 1970 (55 years old).
Condition: The property, built in 1970, features a recently updated interior. The kitchen boasts modern white cabinetry, contemporary countertops, and updated fixtures, while the bathroom also presents a fresh, modern aesthetic with updated vanity and tiling. The unit benefits from updated laminate wood flooring throughout and modern light fixtures. These renovations, likely completed within the last 5-15 years based on the visible styles, make the unit move-in ready with no immediate updates required, aligning with a 'Good' condition score. While the building itself is older, the unit's interior has been significantly refreshed.
Year Built
1970
Close
-
List price
$249K
Original List price
$249K
Price/Sqft
$596
HOA
$396.23
Days on market
-
Sold On
-
MLS number
25606267
Home ConditionGood
Features
Good View:
Pool
Spa
View

About this home

Discover this studio condo located just minutes from California State University Long Beach (CSULB) and Belmont Shore. Enjoy peaceful treetop views and abundant natural light from your private balcony, this a 2nd floor unit. End unit with only one shared wall. The open-concept layout seamlessly connects the kitchen, dining area, and living space, creating a bright and welcoming atmosphere. The modern kitchen features white cabinetry, countertops, and plenty of storage. Additional storage options include built-in display niches, an entry closet, a linen closet, and a large wardrobe closet, perfect for keeping your space organized. This home includes a secured, reserved parking space and extra storage for your convenience. The laundry room is near the unit. The community amenities are exceptional and include a pool and spa, fitness center, recreation room, saunas, on-site laundry facilities, tennis courts, community barbecues, and tranquil waterscapes throughout. HOA dues cover water, gas, and trash service; residents pay only for electricity and cable/internet. Parking is located in the structure west of the building, beneath the tennis courts. Ideally situated in East Long Beach, this residence offers convenient access to popular nearby areas including Park Estates, Naples/Belmont Shore, Belmont Heights, and College Estates. Experience the best of Long Beach living with close proximity to local shopping, dining, and coastal recreation.

Nearby schools

10/10
Gant Elementary School
Public,K-51.0mi
9/10
Lowell Elementary School
Public,K-51.0mi
7/10
Rogers Middle School
Public,6-80.8mi
7/10
Stanford Middle School
Public,6-81.6mi
6/10
Wilson High School
Public,9-121.1mi

Price History

Date
Event
Price
12/29/23
Sold
$298,000
04/03/18
Sold
$223,000
Condition Rating
Good

The property, built in 1970, features a recently updated interior. The kitchen boasts modern white cabinetry, contemporary countertops, and updated fixtures, while the bathroom also presents a fresh, modern aesthetic with updated vanity and tiling. The unit benefits from updated laminate wood flooring throughout and modern light fixtures. These renovations, likely completed within the last 5-15 years based on the visible styles, make the unit move-in ready with no immediate updates required, aligning with a 'Good' condition score. While the building itself is older, the unit's interior has been significantly refreshed.
Pros & Cons

Pros

Great Schools: Elementary School: Gant Elementary School (10/10).
Extensive Community Amenities: The property offers exceptional community amenities including a pool, spa, fitness center, tennis courts, and recreation room, significantly enhancing lifestyle and value.
Prime Long Beach Location: Strategically located minutes from CSULB and Belmont Shore, providing convenient access to popular areas, shopping, dining, and coastal recreation.
Value-Driven Pricing: Currently listed at $249,000, which is notably below its last sale price of $298,000 in late 2023, presenting a compelling value proposition for buyers.
Inclusive HOA & Dedicated Parking: HOA dues cover essential utilities (water, gas, trash), complemented by a secured, reserved parking space and additional storage, adding significant convenience.
Modern Interior & Natural Light: Features an open-concept layout with a modern kitchen, abundant natural light, and a private balcony offering peaceful treetop views.

Cons

Studio Configuration & Limited Space: As a 418 sqft studio, the property has inherent limitations in living space and appeals to a narrower buyer demographic.
Building Age: Constructed in 1970, the building is over five decades old, which may raise concerns about long-term maintenance or potential future assessments.
Relatively High HOA Fee: Despite covering some utilities, the $396.23 monthly HOA fee is substantial for a studio unit, potentially impacting overall affordability or investment returns.

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