5585 E Pacific Coast Hwy 342, Long Beach, California 90804, Long Beach, 90804 - 1 bed, 1 bath
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Long Beach, California 90804
This Turnkey Coastal Condominium is listed at $318,000, offering exceptional stability at its $318,000 Fair Market Value. Boasting an Updated Interior with new laminate flooring and a refreshed kitchen, the unit maintains a Condition Rating of 3 for a seamless transition. Residents benefit from resort-style amenities including a Pool, Spa, and Gym, while being zoned for the 10/10 rated Gant Elementary School. With quiet Mountain Views and proximity to CSULB, this is a premier choice for first-time buyers or Owner-Occupants seeking a high-quality, entry-level asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5585 E Pacific Coast Hwy 342 Subject | $318,000* List Price | 1 | 1 | 597 | $533 | - |
A 5585 E Pacific Coast Highway 340 Sold | $325,000 | 1 | 1 | 597 | $544 | - |
B 5585 E Pacific Coast 140 Sold | $320,000 | 1 | 1 | 597 | $536 | - |
C 4701 E Anaheim Street 304 Sold | $350,000 | 2 | 1 | 650 | $538 | 1.0 mi |
D 5585 E Pacific Coast 361 Active | $345,000 List Price | 1 | 1 | 597 | $578 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1970-built condo has undergone significant recent updates, making it move-in ready. The interior features new laminate flooring throughout, a refreshed kitchen with new stainless steel appliances (refrigerator, microwave, range, dishwasher) and butcher block countertops, and a nicely updated bathroom with modern floating vanities, sinks, and light fixtures. While the kitchen cabinets retain an older style and the ceiling has a popcorn texture, these are minor cosmetic points given the overall fresh and clean condition. The presence of a window AC unit instead of central air is noted. The common areas and amenities also appear well-maintained and updated.
Elementary School: Gant Elementary School (10/10).
Ideally located very close to CSULB, the beach, shopping, dining, and major freeways, offering excellent convenience and accessibility.
The Park Ocean community provides extensive amenities including a pool, spa, BBQ area, full gym, and an updated community recreation room.
As a 1-bedroom, 1-bathroom unit with only 597 sqft, its small footprint may limit appeal to individuals or couples seeking more space or additional rooms.
The $422.00 monthly association fee is relatively high for a unit of this size and bedroom count, impacting overall affordability.
The property has experienced several price drops from its original list price of $345,000 to $320,000, which could suggest initial overpricing or a challenging market reception.
Welcome to Park Ocean, a highly desirable community offering resort-style amenities and a convenient Long Beach location. This 1 bedroom, 1 bath condo is tucked away in the back of the complex, providing a quiet and peaceful setting with some views of the mountains. Inside, you’ll find updated flooring, a refreshed kitchen, and a nicely updated bathroom. The open layout is bright and comfortable, perfect for both relaxing and entertaining. The Park Ocean community features a pool, spa, BBQ area, full gym, and an updated community recreation room that is perfect for gatherings. One assigned parking space is included. Ideally located very close to CSULB, the beach, shopping, dining, and freeways, this home combines comfort and convenience in one.
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 | 1.0 | 2.0 | 22% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 597 | 856 | 19% |
| Lot Size | 147,503 | 24,596 | 88% |
| Price | $318.0K | $475.0K | 3% |
| Price per sq ft | $533 | $532 | 50% |
| Built year | 1970 | 1987 | 19% |
| HOA | $422.0 | $440 | 47% |
| Days on market | 222 | 170 | 84% |
Mar 13, 2026
$318,000
$320,000
-1% Price Drop
Initial Listing
Jan 1, 2026
$320,000
$325,000
-2% Price Drop
Initial Listing
Nov 20, 2025
$325,000
$335,000
-3% Price Drop
Initial Listing
Oct 28, 2025
$335,000
$345,000
-3% Price Drop
Initial Listing
Sep 12, 2025
$345,000
Initial Listing
Feb 13, 2004
$169,000
Public Record
Oct 18, 2001
$89,000
Public Record
Sep 25, 1998
$69,000
Public Record