700 E Ocean 601, Long Beach, California 90802, Long Beach, 90802 - 2 bed, 2 bath
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Long Beach, California 90802
This Condominium represents a Strong Value Opportunity, listed at $588,888—positioned well below the $626,684 Fair Market Value by 6%. This valuation gap offers $37,796 in Instant Equity. Featuring a Good Condition Rating, the unit boasts panoramic ocean and marina views, a walkable location (95 score), and resort-style amenities including a pool and fitness center. With utilities included in the HOA, this property balances lifestyle luxury with financial stability, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 700 E Ocean 601 Subject | $588,888* List Price | 2 | 2 | 1,080 | $580 | - |
A 615 E Broadway Sold | $455,500 | 2 | 2 | 1,081 | $421 | 0.3 mi |
B 525 E Seaside 1104 Sold | $700,000 | 2 | 2 | 1,030 | $680 | 0.1 mi |
C 939 E Appleton E 26 Sold | $500,000 | 2 | 2 | 919 | $544 | 0.3 mi |
D 525 E Seaside Way 1504 Sold | $690,000 | 2 | 2 | 1,030 | $670 | 0.1 mi |
E 907 E Ocean Boulevard Sold | $640,000 | 2 | 2 | 1,155 | $554 | 0.2 mi |
F 488 E Ocean 614 Sold | $660,000 | 2 | 2 | 1,020 | $647 | 0.2 mi |
G 700 E Ocean Boulevard 2301 Active | $555,000 List Price | 2 | 2 | 1,080 | $514 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building was constructed in 1965, the unit has undergone a mid-range renovation likely within the last 10-15 years. The kitchen features updated white cabinetry and granite countertops, and the bathrooms are clean and functional with updated vanities. The property is well-maintained and move-in ready, fitting the criteria for a 'Good' rating.
Boasting a Walk Score of 95, this property is situated in the heart of Long Beach, within walking distance to Alamitos Beach, Shoreline Village, and the Metro A Line for easy commuting.
The unit features three private balconies and floor-to-ceiling glass windows, offering panoramic vistas of the Marina, Queen Mary, and the Pacific Ocean.
The association fee provides significant value by including high-speed internet, basic cable, water, trash, and sewer, simplifying monthly expenses for the homeowner.
At $1,048 per month, the association fees are relatively high, which may be a deterrent for budget-conscious buyers despite the extensive inclusions.
Constructed in 1965, the iconic building may present challenges associated with older infrastructure and mid-century plumbing or electrical systems compared to newer developments.
Are you ready to live in the ICONIC International Towers where the building has a 360 degree view of Long Beach. Spectacular View of the Marina and the Queen Mary! FHA & VA APPROVED! This is one of the BEST Locations in the City! It is within walking distance of Alamitos beach, Aquarium of the Pacific, Shoreline Village, The Queen Mary, Marina, Rainbow Bridge Park, The Pike Outlets, and the East Village Arts District. There are plenty of restaurants and nightlife nearby. This whole community has a walkable score of 95 and Excellent access to the Metro A Line (Blue) for commuting to Los Angeles and proximity to major roads like the 710, 22,405 Freeways. Unit #106 overlooks the pool and includes 3 balconies where you can have the street view, to the marina and Queen Mary view. Balconies offer some of the best vistas in Southern California, ranging from white-water ocean views to city lights and the annual Long Beach Grand Prix. There are floor to ceiling glass windows and sliders giving you the best possible views to offer. Adorable spacious unit kitchen overlooks the living room area giving this home a grand open floor plan. There are 2 bedrooms and 2 bathrooms. The Primary bedroom is oversized and has its own slider to the balconies. This community24-hour on-site security and concierge service that all guests must sign into adds privacy and security. Keep packages safe with automated package lockers! The Iconic condos feature Heated year-round association pool, spa, community cabanas that include multiple seating areas with firepits and comfortable seating areas to entertain and enjoy the views of the beach, marina and Shoreline Village. The well-equipped fitness center is perfect for saving money on expensive gyms. There is a meeting room, an area with a grand piano and seating area in the lobby to enjoy! The Luxurious condo has everything you need in luxury living. INCLUDES ALL UTITILIES, water, trash, sewer, basic cable and High speed Internet (except electric)! In unit washer/dryer hookups. Another added bonus to save on monthly expenses. It makes have a HOA fee all worth it with everything the International Towers has to offers! This is a spectacular complex you will love to enjoy as your own. Pets are allowed!.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 53% |
| Baths | 2.0 | 1.0 | 56% |
| Square foot | 1,080 | 860 | 79% |
| Lot Size | 33,204 | 29,185.199 | 55% |
| Price | $588.9K | $495.0K | 69% |
| Price per sq ft | $545 | $589 | 35% |
| Built year | 1965 | 1973 | 43% |
| HOA | $1048.0 | $475 | 93% |
| Days on market | 11 | 155 | 1% |
May 26, 2026
$588,888
Initial Listing
Aug 30, 1996
$101,000
Public Record