700 E Ocean 601, Long Beach, California 90802, Long Beach, 90802 - 2 bed, 2 bath
700 E Ocean 601
Long Beach, California 90802
Property Price
SUMMARY
Analysis of 700 E Ocean 601, Long Beach, California 90802 is currently available with a list price of $715,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property was built in 1965. While the unit is clean and well-maintained, the kitchen features older white appliances (refrigerator, built-in oven/microwave) and speckled granite countertops, which, along with the bathroom finishes and tile flooring, suggest a renovation that occurred approximately 15-25 years ago. The style is functional but outdated, indicating it requires minor updates to meet current aesthetic standards, particularly in the kitchen and bathrooms.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Panoramic Views
The unit boasts spectacular 360-degree views of the Marina, Queen Mary, white-water ocean, city lights, and the Long Beach Grand Prix, enhanced by floor-to-ceiling glass windows and multiple balconies.
- Prime Walkable Location & Accessibility
Situated in one of the city's best locations with a walk score of 95, offering easy access to beaches, major attractions (Aquarium, Shoreline Village), restaurants, nightlife, and excellent transportation links including Metro A Line and major freeways.
- Extensive Luxury Building Amenities
Residents enjoy a heated year-round pool, spa, community cabanas with firepits, a well-equipped fitness center, meeting rooms, and a grand piano lounge, providing a resort-like living experience.
CONSRISKS & DEFICIENCIES
- High Association Fee
The monthly association fee of $1,048, while inclusive of many utilities, represents a substantial ongoing cost that could impact affordability for some buyers.
- Building Age
Constructed in 1965, the building is over 50 years old, which may lead to concerns about potential future maintenance, infrastructure updates, or dated common areas despite reported amenities.
- Recent Price Reduction
A recent price reduction from $728,000 to $715,000 could indicate initial overpricing or a slower market response, potentially affecting perceived value or negotiation leverage.
About 700 E Ocean 601
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!.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1965
- Lot Size
- 33,204 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1048.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 54% |
| Baths | 2.0 | 1.0 | 53% |
| Square foot | 1,080 | 865 | 78% |
| Lot Size | 33,204 | 21,979 | 63% |
| Price | $715.0K | $482.5K | 79% |
| Price per sq ft | $662 | $581 | 71% |
| Built year | 1965 | 1965 | 50% |
| HOA | $1048.0 | $430 | 95% |
| Days on market | 42 | 184 | 2% |
Pricing History
Listed for Sale
Feb 11, 2026
$715,000
$728,000
-2% Price Drop
Initial Listing
Price Change
Jan 23, 2026
$728,000
Initial Listing
Sold
Aug 30, 1996
$101,000
Public Record