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700 E Ocean 1708, Long Beach, California 90802, Long Beach, 90802 - 3 bed, 2 bath

700 E Ocean 1708, Long Beach, California 90802 home-pic-0
ACTIVE$825,000
700 E Ocean 1708, Long Beach, California 90802
3Beds
2Baths
1,260Sqft
33,204Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Unparalleled Panoramic Views: Offers breathtaking, expansive views of the Pacific Ocean, Catalina Island, marina, and city landmarks from floor-to-ceiling windows and a private balcony.
Top Cons:
Substantial Monthly Association Fees: The high monthly association fee of $1,020.01 adds a considerable ongoing cost to homeownership.

Compared to the nearby listings

Price:$825.0K vs avg $485.0K (+$340,000)81%
Size:1,260 sqft vs avg 898 sqft80%
Price/sqft:$655 vs avg $58968%

More Insights

Built in 1965 (60 years old).
Condition: The property, built in 1965, has been maintained and features some updates like hardwood flooring and mini-split AC units. The kitchen has dark wood cabinets, granite countertops, and stainless steel appliances, which appear functional but reflect a renovation style from 10-15 years ago rather than a recent one. The bathroom, with its beige tiled walls and dated decorative tile insert, clearly indicates a renovation that is likely 15-25 years old. While move-in ready, the aesthetic of the kitchen and especially the bathroom show signs of being outdated, aligning with the 'fair' category's description of a home aged but maintained through regular upkeep and occasional updates, with major components functional but showing signs of being outdated.
Year Built
1965
Close
-
List price
$825K
Original List price
$910K
Price/Sqft
$655
HOA
$1,020.01
Days on market
-
Sold On
-
MLS number
OC25246046
Home ConditionFair
Features
Excellent View: Bridge(s), Catalina, Coastline, Harbor, Marina, Ocean, Panoramic
Deck
ViewBridge(s), Catalina, Coastline, Harbor, Marina, Ocean, Panoramic

About this home

A huge price improvement! Enjoy breathtaking sunset and night views from this beautiful 3 bedroom, 2 bath condo in the iconic International Tower on the Long Beach waterfront. This exceptional residence features floor-to-ceiling windows showcasing stunning vistas of the beach, marina, Catalina Island, the Vincent Thomas Bridge, and Shoreline Village, with prime seating to watch the Grand Prix right from your home. Relax on your private balcony as the sun sets over the ocean and the twinkling evening lights transform the coastline into a spectacular view. The interior includes hardwood flooring, multiple closets for ample storage, and a convenient stackable washer and dryer. two assigned parking spaces are included. Located just moments from the beach, Shoreline Village, the marina, and vibrant downtown Long Beach, this home offers the perfect blend of coastal charm and modern comfort. Residents enjoy premium amenities including a heated pool, fitness center, 24-hour security, and on-site management. This is a rare opportunity to live in one of Long Beach’s most desirable high-rises.

Price History

Date
Event
Price
09/24/20
Sold
$720,000
09/11/13
Sold
$495,000
Condition Rating
Fair
The property, built in 1965, has been maintained and features some updates like hardwood flooring and mini-split AC units. The kitchen has dark wood cabinets, granite countertops, and stainless steel appliances, which appear functional but reflect a renovation style from 10-15 years ago rather than a recent one. The bathroom, with its beige tiled walls and dated decorative tile insert, clearly indicates a renovation that is likely 15-25 years old. While move-in ready, the aesthetic of the kitchen and especially the bathroom show signs of being outdated, aligning with the 'fair' category's description of a home aged but maintained through regular upkeep and occasional updates, with major components functional but showing signs of being outdated.
Pros & Cons

Pros

Unparalleled Panoramic Views: Offers breathtaking, expansive views of the Pacific Ocean, Catalina Island, marina, and city landmarks from floor-to-ceiling windows and a private balcony.
Premier Waterfront Location: Situated directly on the Long Beach waterfront, providing immediate access to the beach, Shoreline Village, marina, and vibrant downtown attractions.
Comprehensive Building Amenities: Residents benefit from a heated pool, fitness center, 24-hour security, and professional on-site management, enhancing lifestyle and convenience.
Exclusive Grand Prix Viewing: Features a unique advantage with prime, direct views of the Long Beach Grand Prix, a significant draw for event enthusiasts.
Valuable In-Unit & Parking Conveniences: Includes desirable in-unit laundry, ample storage, and two assigned parking spaces, a significant asset in a high-density urban environment.

Cons

Substantial Monthly Association Fees: The high monthly association fee of $1,020.01 adds a considerable ongoing cost to homeownership.
Building Age & Potential for Deferred Maintenance: Constructed in 1965, the building is older, which could imply potential for future special assessments or ongoing maintenance challenges, despite its iconic status.
Recent Price Adjustments: Multiple price reductions from the original listing price suggest potential market resistance or an initial overvaluation, which may impact perceived value or future appreciation.

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