850 E Ocean Boulevard 1506, Long Beach, California 90802, Long Beach, 90802 - bed, bath

850 E Ocean Boulevard 1506, Long Beach, California 90802 home-pic-0
ACTIVE$1,224,990
850 E Ocean Boulevard 1506, Long Beach, California 90802
0Bed
0Bath
69,332Sqft
69,332Lot
Year Built
1992
Close
-
List price
$1.22M
Original List price
$1.4M
Price/Sqft
$18
HOA
$1,444
Days on market
-
Sold On
-
MLS number
PW25054032
Home ConditionExcellent
Features
Excellent View: Catalina, Coastline, Marina, Ocean
Deck
ViewCatalina, Coastline, Marina, Ocean

About this home

We found 3 Cons,5 Pros. Rank: price - $1.22M(95th), sqft - 69332(99th), beds - undefined(8th), baths - undefined(1th).

NOW OFFERED AT $1,224,990 — MAJOR PRICE IMPROVEMENT + SIX (6) MONTHS OF PREPAID HOA DUES INCLUDED. ELEVATED LIVING. EXCEPTIONAL VALUE. WHERE COASTAL COOL MEETS URBAN EDGE. Welcome to the Pacific High-Rise Penthouse — a show stopping 2-bedroom, 2-bath residence soaring 15 stories above the Long Beach coastline. Fully remodeled and newly priced at $1,224,990, this home now comes with an unbeatable incentive: seller will cover up to six months of HOA dues. That’s immediate savings and long-term value for the savvy buyer.This 1,587-square-foot residence has been completely reimagined with timeless finishes, rich wood flooring, and a sleek, open-concept layout. Walls of glass flood the space with natural light and frame panoramic views of the Pacific Ocean, Rainbow Harbor, and the Queen Mary.The chef’s kitchen is designed for both daily living and elevated entertaining, featuring custom cabinetry, granite countertops, and a full suite of professional-grade stainless steel appliances. The oversized primary suite offers a luxurious walk-in closet and spa-inspired bath with designer finishes throughout.Two dedicated parking spaces, on-site storage, and access to premium amenities — including concierge services, a guest suite, and resort-style features — complete this high-standard lifestyle.With six months of HOA dues prepaid and a sharp new price, this penthouse delivers unmatched value in one of Long Beach’s premier full-service buildings.This is more than a home — it’s a rare opportunity that won’t last.

Nearby schools

7/10
Stevenson Elementary School
Public,K-50.5mi
6/10
Burbank Elementary School
Public,K-51.1mi
6/10
Franklin Classical Middle School
Public,6-80.6mi
6/10
Polytechnic High School
Public,9-121.5mi

Price History

Date
Event
Price
11/30/25
Price Change
$1,224,990-9.3%
08/30/25
Price Change
$1,350,000
03/11/25
Listing
$1,400,000
Condition Rating
Excellent

Despite being built in 1992, this penthouse has undergone a full and extensive modern renovation, as explicitly stated in the description and clearly visible in the images. The kitchen features sleek, modern flat-panel cabinetry, granite countertops, and professional-grade stainless steel appliances. Bathrooms are spa-inspired with contemporary vanities, glass-enclosed showers, and designer finishes. Rich wood-look flooring extends throughout the living areas, and recessed lighting provides a modern ambiance. All components appear new or virtually new, meeting current quality standards with no visible deferred maintenance within the unit.
Pros & Cons

Pros

Panoramic Coastal Views: The penthouse offers stunning panoramic views of the Pacific Ocean, Rainbow Harbor, and the Queen Mary from its 15th-story elevation, enhancing its desirability and value.
Extensive Modern Renovation: The residence has been fully remodeled with timeless finishes, rich wood flooring, an open-concept layout, a chef's kitchen with professional-grade appliances, and spa-inspired baths.
Significant Buyer Incentive: Includes a major price improvement and six months of prepaid HOA dues, providing immediate financial savings and added value for the prospective buyer.
Luxury Full-Service Amenities: Residents benefit from premium building amenities such as concierge services, a guest suite, resort-style features, two dedicated parking spaces, and on-site storage.
Exclusive Penthouse Living: Positioned as a high-rise penthouse, it offers an elevated and exclusive lifestyle within one of Long Beach’s premier full-service buildings.

Cons

Substantial HOA Dues: The monthly HOA fee of $1,444 is a significant ongoing expense that could impact long-term affordability, even with the initial prepaid incentive.
History of Price Reductions: Multiple price adjustments from the original list price of $1.4M to the current $1.22499M may indicate initial overpricing or a slower market absorption for this specific unit.
Building Age & Potential Future Assessments: Built in 1992, the 30-year-old building, despite its amenities, may incur future maintenance costs or special assessments for common areas, which could affect owners.

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