
Long Beach, California 90804
This Updated Studio Condominium is a Prime Investment Opportunity listed at $269,900—positioned well below the $279,900 Fair Market Value by 3%. This valuation gap provides $10,000 in Instant Equity for a property in Good Condition featuring a modernized kitchen and private gated patio. Located in the Park Ocean community near CSULB and the VA Medical Center, residents enjoy resort-style amenities and access to top-rated schools like Gant Elementary (10/10). This turnkey asset is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking a high-demand Long Beach location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5585 E Pacific Coast Hwy 125 Subject | $269,900* List Price | 0 | 1 | 418 | $670 | - |
A 5585 E Pacific Coast Active | $295,000 List Price | 0 | 1 | 418 | $706 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has been significantly updated despite its 1970 build date. The kitchen features modern shaker-style cabinetry, stone countertops, and stainless steel appliances. The interior boasts updated wood-look laminate flooring, fresh paint, and a modernized bathroom vanity. It meets the 'good' criteria as major systems appear functional and the aesthetic updates are well within their expected lifespan.
Elementary School: Gant Elementary School (10/10).
The property is ideally situated near CSULB and the VA Medical Center, offering high rental demand and convenience for students, medical professionals, and commuters.
Residents have access to premium community features including multiple pools, a spa, a fitness center, and a clubhouse, providing a luxury lifestyle at an accessible price point.
At only 418 square feet, the compact studio layout may restrict buyer interest to single occupants or investors, limiting long-term versatility for growing needs.
The property relies on community laundry facilities rather than having in-unit hookups, which can be a significant inconvenience for modern buyers accustomed to private laundry.
Unit 125 — Ground-level studio condo with private patio located in the gated Park Ocean community near CSULB and the VA Medical Center. This spacious studio features an oversized living area, separate dressing room, air conditioning, and gated patio access creating ideal indoor-outdoor living. Park Ocean offers resort-style amenities including pools, spa, fitness center, clubhouse, BBQ areas, fireplace lounge, and beautifully landscaped park-like grounds. Community laundry is conveniently just across the hall. Ideal Long Beach location close to the beach, Belmont Shore, Seal Beach, shopping, dining, Long Beach Airport, and major freeways — making this home attractive for primary buyers, students, medical professionals, and investors searching for Long Beach condos near CSULB. Includes one assigned secured and gated parking space #188.
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 | 147,472 | 24,596 | 88% |
| Price | $269.9K | $475.0K | 3% |
| Price per sq ft | $646 | $534 | 88% |
| Built year | 1970 | 1987 | 19% |
| HOA | $402.75 | $440 | 41% |
| Days on market | 60 | 155 | 3% |
Mar 31, 2026
$269,900
$279,900
-4% Price Drop
Initial Listing
Feb 21, 2026
$279,900
Initial Listing
Sep 19, 2019
$225,000
Public Record
Sep 22, 2017
$208,000
Public Record
Mar 27, 2014
$9,500
Public Record
Jan 31, 2012
$75,000
Public Record
Jan 6, 2006
$207,000
Public Record
Apr 29, 2004
$110,000
Public Record
Oct 19, 2001
$59,500
Public Record