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800 E Ocean Boulevard 1505, Long Beach, California 90802, Long Beach, 90802 - 2 bed, 2 bath

800 E Ocean Boulevard 1505, Long Beach, California 90802 home-pic-0
ACTIVE$938,800$1,091/sqft
800 E Ocean Boulevard 1505, Long Beach, California 90802
2Beds
2Baths
1,091Sqft
51,693Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Unparalleled Panoramic Ocean Views: This penthouse-level residence offers sweeping ocean, Catalina Island, and city views from every room, providing a truly exceptional living experience.
Top Cons:
Substantial Monthly HOA Dues: The $1,337 monthly HOA fee, while inclusive of all utilities, represents a significant ongoing expense that buyers must factor into their budget.

Compared to the nearby listings

Price:$938.8K vs avg $482.5K (+$456,300)91%
Size:1,091 sqft vs avg 868 sqft78%
Price/sqft:$860 vs avg $58194%

More Insights

Built in 1928 (98 years old).
Condition: Despite being built in 1928, this penthouse unit has undergone significant and high-quality renovations, making it move-in ready. The description highlights 'Brazilian Mahogany wood floors, upgraded lighting, newer cabinetry, stainless steel appliances, and granite countertops.' Images confirm modern, well-maintained kitchens with updated appliances and cabinetry. While one bathroom retains an original Art Deco sink and tiling, it appears well-preserved and clean, fitting the historic character rather than being outdated or in disrepair. The overall condition reflects a property that has been extensively renovated within the last 5-15 years, aligning with the 'Good' criteria.
Year Built
1928
Close
-
List price
$939K
Original List price
$939K
Price/Sqft
$860
HOA
$1,337
Days on market
-
Sold On
-
MLS number
PW25278779
Home ConditionGood
Features
Excellent View: Catalina, Ocean, Panoramic, Water
ViewCatalina, Ocean, Panoramic, Water

About this home

Historic penthouse-level 2 bedroom, 2 bath residence with nearly 12-foot ceilings and sweeping ocean views from every room. Originally two separate units, now combined and currently configured as a one-bedroom plus den, offering flexibility for multiple uses. Upgrades include Brazilian Mahogany wood floors, upgraded lighting, newer cabinetry, stainless steel appliances, and granite countertops. The primary bedroom can be separated to recreate an independent efficiency unit and has been leased separately in the past. This space includes a Murphy bed, built-in breakfast bar, kitchen, walk-in closet, and original Art Deco sink. The building is a recognized historic landmark known for its Neo-Gothic architecture, copper roof, and preservation awards. HOA dues include ALL utilities: gas, electricity, water, hot water, heat, cable TV, and internet. Property benefits from the Mills Act, with current property taxes approximately $3,700 per year, representing an estimated $8,200 annual savings, transferable to the new owner at close of escrow. Prime location near Downtown Long Beach, East Village, Shoreline Village, and the 7-mile beachfront bike path. Please inquire regarding Mills Act benefits, parking arrangements through the HOA, and additional property details.

S
Susan Boyle
Listing Agent

Nearby schools

7/10
Stevenson Elementary School
Public,•K-5•0.5mi
6/10
Burbank Elementary School
Public,•K-5•1.2mi
6/10
Franklin Classical Middle School
Public,•6-8•0.6mi
6/10
Polytechnic High School
Public,•9-12•1.5mi

Price History

Date
Event
Price
04/02/96
Sold
$157,000
04/07/17
Sold
$680,000
07/29/15
Sold
$635,000
01/30/07
Sold
$602,000
08/07/03
Sold
$460,000
Condition Rating
Good
Despite being built in 1928, this penthouse unit has undergone significant and high-quality renovations, making it move-in ready. The description highlights 'Brazilian Mahogany wood floors, upgraded lighting, newer cabinetry, stainless steel appliances, and granite countertops.' Images confirm modern, well-maintained kitchens with updated appliances and cabinetry. While one bathroom retains an original Art Deco sink and tiling, it appears well-preserved and clean, fitting the historic character rather than being outdated or in disrepair. The overall condition reflects a property that has been extensively renovated within the last 5-15 years, aligning with the 'Good' criteria.
Pros & Cons

Pros

Unparalleled Panoramic Ocean Views: This penthouse-level residence offers sweeping ocean, Catalina Island, and city views from every room, providing a truly exceptional living experience.
Historic Landmark Status & Architecture: Residing in the Villa Riviera, a recognized Neo-Gothic historic landmark building with preservation awards, offers unique prestige and architectural significance.
Substantial Property Tax Savings: The property benefits from the Mills Act, providing an estimated $8,200 in annual property tax savings that are transferable to the new owner.
Flexible Living & Income Potential: Originally two units, now combined and configured as a 1-bedroom plus den, with the primary bedroom capable of being separated as an independent, leasable efficiency unit.
All-Inclusive HOA & Modern Upgrades: HOA dues comprehensively cover all utilities (gas, electricity, water, hot water, heat, cable TV, and internet), complemented by recent interior upgrades including Brazilian Mahogany floors and granite countertops.

Cons

Substantial Monthly HOA Dues: The $1,337 monthly HOA fee, while inclusive of all utilities, represents a significant ongoing expense that buyers must factor into their budget.
Historic Building Considerations: As a 1928-built historic landmark, potential buyers may face limitations on modifications and could encounter maintenance challenges or outdated systems typical of older structures.
Unspecified Parking Arrangements: The listing indicates that parking arrangements require inquiry through the HOA, suggesting it may not be included or easily accessible, potentially incurring additional cost or effort.
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