
Long Beach, California 90804
This Turnkey Condominium is a Strong Value Opportunity, listed at $398,000—positioned well below the $451,223 Fair Market Value by 11%. This valuation gap offers $53,223 in Instant Equity. Featuring a Mint Condition Rating with modern renovations, the unit offers a resort-style lifestyle with a pool, spa, and tennis courts. Located in a top-tier district with Gant Elementary (10/10), this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5585 E Pacific Coast Subject | $398,000* List Price | 2 | 1 | 832 | $542 | - |
A 5585 E Pacific Coast Highway 343 Sold | $350,000 | 1 | 1 | 597 | $586 | 0.0 mi |
B 5585 E Pacific Coast Highway 132 Sold | $335,000 | 1 | 1 | 597 | $561 | 0.0 mi |
C 5585 E Pacific Coast Highway 340 Sold | $325,000 | 1 | 1 | 597 | $544 | 0.0 mi |
D 5585 E Pacific Coast Highway 171 Active Under Contract | $349,000 List Price | 1 | 1 | 597 | $585 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building was constructed in 1970, the unit has undergone a comprehensive modern renovation within the last 5 years. It features updated wide-plank flooring, white shaker-style kitchen cabinetry, stone countertops, and stainless steel appliances. The interior is in mint condition, move-in ready, and requires no immediate maintenance.
Elementary School: Gant Elementary School (10/10).
Ideally situated near CSULB, the VA Medical Center, and Belmont Shore, this property offers high appeal for students, medical professionals, and investors seeking a high-demand rental area.
The Park Ocean community provides an extensive amenity package including a swimming pool, spa, fitness center, and tennis courts, offering a lifestyle-rich environment that exceeds typical condo offerings.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 832, other record living area = 597. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
At $563.78 per month, the association fees are relatively high for a one-bathroom unit, which may impact the overall affordability and monthly carrying costs for budget-conscious buyers.
The reliance on community laundry facilities rather than having in-unit hookups is a notable drawback for modern buyers and can be a competitive disadvantage compared to newer developments.
Welcome to 5585 Pacific Coast Highway, Unit 174, located in the highly desirable Park Ocean community of Long Beach. This beautifully maintained 2-bedroom, 1-bath condominium offers approximately 832 square feet of comfortable living space with a bright, open floor plan designed for both everyday living and entertaining. The spacious living and dining areas flow seamlessly into the kitchen, while large windows provide abundant natural light throughout the home. Both bedrooms are generously sized, offering comfortable accommodations and ample closet space. Residents of Park Ocean enjoy resort-style amenities including a sparkling swimming pool, spa, fitness center, tennis courts, clubhouse, beautifully landscaped grounds, and community laundry facilities. The community is ideally situated just minutes from California State University, Long Beach, the VA Medical Center, Recreation Park Golf Course, Belmont Shore, beautiful beaches, shopping, dining, and major freeways, making it an excellent opportunity for first-time buyers, students, professionals, or investors alike. Don't miss your chance to own a home in one of Long Beach's most convenient and amenity-rich communities. Schedule your private showing today!
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 | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 832 | 926 |
| Lot Size | 147,503 | 30,781 |
| Price | $398.0K | $514.8K |
| Price per sq ft | $478 | $568 |
| Built year | 1970 | 1979 |
| HOA | $563.78 | $475 |
| Days on market | 7 | 76 |
Jul 15, 2026
$398,000
Initial Listing
Jan 19, 2022
$350,000
Public Record
Jul 27, 2016
$222,000
Public Record
Oct 3, 2013
$165,000
Public Record