5585 E Pacific Coast Hwy 125, Long Beach, California 90804, Long Beach, 90804 - 0 bed, 1 bath
Loading property details...
Long Beach, California 90804
This Ground-Level Studio Condo is a Strong Value Opportunity, listed at $269,900—positioned well below the $276,003 Fair Market Value by 2%. This valuation gap offers $6,103 in Instant Equity in a high-demand rental corridor. The unit maintains a Refreshed Condition Rating and features a rare private gated patio alongside resort-style amenities including pools and a fitness center. Located near CSULB and the VA Medical Center within the 10/10 rated Gant Elementary district, it offers significant long-term stability. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
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 | $660 | - |
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 move-in ready.
While built in 1970, the unit appears well-maintained and move-in ready with updated wood-look flooring and a clean private patio. The presence of functional air conditioning and the overall condition shown in photos suggest it has been refreshed within the last 10-15 years, making it functional and attractive for its age.
Elementary School: Gant Elementary School (10/10).
The property is ideally situated near CSULB and the VA Medical Center, making it a high-demand location for students, medical professionals, and investors seeking consistent rental potential.
Residents have access to extensive gated amenities including multiple pools, a spa, fitness center, clubhouse, and beautifully landscaped grounds, offering a premium lifestyle at an accessible price point.
At only 418 square feet, the compact studio layout may restrict the buyer pool to individuals or minimalists and offers limited storage options compared to larger units.
The association fee of $402.75 represents a significant monthly carrying cost relative to the purchase price, which may impact overall affordability and investor cap rates.
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 | 849 | 3% |
| Lot Size | 147,472 | 22,317.5 | 88% |
| Price | $269.9K | $475.0K | 3% |
| Price per sq ft | $646 | $530 | 84% |
| Built year | 1970 | 1986 | 22% |
| HOA | $402.75 | $428 | 41% |
| Days on market | 31 | 143 | 3% |
May 6, 2026
$269,900
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