700 E Ocean Boulevard 3003, Long Beach, California 90802, Long Beach, 90802 - 1 bed, 2 bath
700 E Ocean Boulevard 3003
Long Beach, California 90802
Property Price
SUMMARY
Analysis of 700 E Ocean Boulevard 3003, Long Beach, California 90802 is currently available with a list price of $750,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
Despite the building's 1965 construction year, the unit has undergone a beautiful and extensive modern renovation. The kitchen features sleek waterfall quartz countertops, stainless steel appliances, and modern cabinetry, all appearing virtually new. Both the main and half bathrooms are fully updated with contemporary vanities, illuminated LED mirrors, and modern tiling, including a glass-enclosed shower. The entire unit boasts elegant porcelain flooring, recessed lighting, fresh paint, and crown molding, indicating a very recent and high-quality overhaul. All visible components meet current quality standards with no signs of wear or deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Assumable FHA Loan
The property offers an assumable FHA loan with an exceptionally low interest rate of 3.125%, providing a significant financial advantage to qualified buyers in the current market.
- Panoramic Views
Situated on the 30th floor, the unit boasts stunning wrap-around balcony views encompassing the beach, city skyline, and Hollywood Hills, enhancing its luxury appeal.
- Modern Renovations
The interior has been beautifully renovated with modern upgrades including fresh paint, elegant porcelain flooring, recessed lighting, crown molding, and a sleek kitchen with waterfall quartz countertops and stainless steel appliances.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee of $883.00 per month is substantial and will significantly add to the overall monthly housing expenses, potentially limiting the buyer pool.
- Compact Living Space
With only 1 bedroom and 880 sqft, the unit offers limited living space, which may not be suitable for buyers seeking more room, a dedicated home office, or additional bedrooms.
- Older Building Structure
Despite interior renovations, the building was constructed in 1965, which could imply potential for aging infrastructure in common areas or higher long-term maintenance costs for the HOA.
About 700 E Ocean Boulevard 3003
*FHA LOAN IS ASSUMABLE TO QUALIFIED BORROWERS. INTEREST RATE @ 3.125%. Experience Elevated Living with Stunning Ocean and Panoramic City Views! Nestled on the 30th floor of the iconic International Tower on Ocean Blvd, this beautifully renovated 1-Bedroom, 1.5-Bath home offers luxury living with wrap-around balcony views spanning the beach, city skyline, and Hollywood Hills. Just two floors below the penthouse, this midcentury gem blends modern upgrades with timeless sophistication. Key interior highlights include freshly painted walls, elegant porcelain flooring, recessed lighting, and crown moulding, complemented by floor-to-ceiling windows that flood the space with natural light. The modern kitchen features sleek waterfall quartz countertops and stainless steel appliances. The king-sized bedroom, framed by barn doors, offers a serene retreat with an ensuite ceramic-tiled bathroom, a spacious walk-in closet, and ample linen storage. This luxury building offers an array of amenities, including a pool, barbecue area, gym, billiards room, and media/recreation spaces. Enjoy peace of mind with a full-time concierge, security system, intercom, and on-site staff. Convenience is key with assigned and guest parking, as well as laundry in every unit. Don’t miss the chance to call this trophy property home.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1965
- Lot Size
- 33,204 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $883.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 2.0 | 1.0 | 53% |
| Square foot | 880 | 865 | 52% |
| Lot Size | 33,204 | 21,979 | 63% |
| Price | $750.0K | $482.5K | 82% |
| Price per sq ft | $852 | $581 | 92% |
| Built year | 1965 | 1965 | 50% |
| HOA | $883.0 | $430 | 82% |
| Days on market | 64 | 184 | 12% |
Pricing History
Listed for Sale
Jan 1, 2026
$750,000
Initial Listing
Sold
Jun 19, 2019
$575,000
Public Record
Sold
Sep 14, 2017
$400,000
Public Record
Sold
Jan 17, 2003
$260,000
Public Record