5585 E Pacific Coast Highway E 107, Long Beach, California 90804, Long Beach, 90804 - 0 bed, 1 bath
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Long Beach, California 90804
This Turnkey Condominium is a Strong Value Opportunity, listed at $260,000—positioned slightly above the $256,492 Fair Market Value. While the unit maintains a Fair Condition Rating with dated fixtures, its freshly painted, move-in ready status and resort-style amenities—including a pool, spa, and fitness center—provide immediate lifestyle appeal. Located near top-rated schools like Gant Elementary (10/10) and major institutions like CSULB, this property is an ideal acquisition for first-time buyers or medical professionals seeking a stable, low-maintenance residence in a high-demand area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5585 E Pacific Coast Highway E 107 Subject | $260,000* List Price | 0 | 1 | 418 | $614 | - |
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 moderate renovation needed.
Built in 1970, the property is over 50 years old. While it features recent cosmetic improvements like fresh paint and new laminate flooring, the kitchen and bathroom remain dated with older cabinetry and fixtures. The presence of an older wall AC unit suggests original or aged systems, fitting the 'Fair' criteria for a functional but dated unit needing modernization.
Elementary School: Gant Elementary School (10/10).
Ideally situated within walking distance to CSULB and the VA Hospital, making it a high-demand location for students, educators, and medical professionals.
The Park Ocean complex provides extensive community features including a pool, spa, fitness center, and clubhouse, offering a lifestyle-rich environment that exceeds typical studio expectations.
At only 418 square feet, the studio layout offers very restricted living and storage space, which may limit the property's appeal to a narrow demographic.
The monthly association fee of $402.75 is relatively high for a small studio unit, which could impact the debt-to-income ratio for first-time buyers and reduce net yields for investors.
Don't miss this ground level studio condo with inside view of the courtyard. Private patio. Walk or bike to CSULB and VA Hospital. Freshly painted and in "move in" condition. Park Ocean offers resort style living, including pool, spa, fitness center, clubhouse, BBQ area, lounge area. Close to the beach, Belmont Shore shopping and restaurants, Long Beach Airport, Seal Beach and major freeways. Great location for college students, teachers or medical professionals. One secured/gated parking space #63. Water and trash are included in the HOA dues. VA and conventional financing available. Balcony repairs are completed and paid for.
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 | 0.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 418 | 926 |
| Lot Size | 147,503 | 30,781 |
| Price | $260.0K | $514.8K |
| Price per sq ft | $622 | $568 |
| Built year | 1970 | 1979 |
| HOA | $402.75 | $475 |
| Days on market | 16 | 76 |
Jul 6, 2026
$260,000
Initial Listing
Jul 17, 2009
$98,000
Public Record
Oct 18, 2005
$185,500
Public Record
Feb 7, 1994
$74,090
Public Record