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850 E Ocean Boulevard 1506, Long Beach, California 90802, Long Beach, 90802 - 2 bed, 2 bath

850 E Ocean Boulevard 1506, Long Beach, California 90802 home-pic-0
ACTIVE$1,239,000$1,587/sqft
850 E Ocean Boulevard 1506, Long Beach, California 90802
2Beds
2Baths
1,587Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Breathtaking Panoramic Views: This penthouse offers stunning, unobstructed views of the Pacific Ocean, Rainbow Harbor, and the Queen Mary, including Catalina and the coastline, significantly enhancing its appeal and value.
Top Cons:
High Monthly Association Fee: The property carries a substantial monthly association fee of $1,444.00, which adds significantly to the ongoing cost of ownership and may deter some potential buyers.

Compared to the nearby listings

Price:$1.24M vs avg $482.5K (+$756,500)96%
Size:1,587 sqft vs avg 868 sqft94%
Price/sqft:$781 vs avg $58188%

More Insights

Built in 1992 (34 years old).
Condition: Despite being built in 1992, the listing explicitly states this is a 'fully remodeled penthouse' with 'every detail thoughtfully designed' and 'completely move in ready.' The images confirm this, showcasing a modern 'chef’s kitchen' with custom cabinetry, granite countertops, and professional-grade stainless steel appliances. The bathrooms are 'spa inspired retreats' with contemporary vanities, high-end tile work, and frameless glass showers. Rich wood floors and modern lighting are present throughout. All components appear new or virtually new, reflecting a very recent and extensive renovation, aligning perfectly with the 'excellent' criteria.
Year Built
1992
Close
-
List price
$1.24M
Original List price
$1.22M
Price/Sqft
$781
HOA
$1,444
Days on market
-
Sold On
-
MLS number
PW26011488
Home ConditionExcellent
Features
Excellent View: Catalina, Coastline, Marina, Ocean
Deck
Pool
Spa
Patio
ViewCatalina, Coastline, Marina, Ocean

About this home

WHERE ELEVATION DEFINES DISTINCTION. This fully remodeled penthouse is absolutely stunning, with every detail thoughtfully designed for effortless coastal living. The chef’s kitchen has been completely transformed, down to the last detail, featuring custom cabinetry, granite countertops, and professional grade stainless steel appliances, perfect for entertaining or everyday living. The bathrooms are spa inspired retreats, each meticulously designed to combine luxury and tranquility. Rich wood floors, an open concept layout, and walls of glass frame breathtaking views of the Pacific Ocean, Rainbow Harbor, and the Queen Mary. Every element of this 2 bedroom, 2 bath, 1,587 square foot home has been carefully curated, making it completely move in ready. Here, the elegance and comfort of a large, luxurious home are captured in a sophisticated, low maintenance lifestyle, plus the vibrant energy of the Pacific High Rise is right below your feet. Enjoy premier dining, exclusive clubs, and social experiences just steps from your door. Two dedicated parking spaces, on site storage, and access to concierge services, a guest suite, and resort style amenities complete this rare coastal lifestyle. Turnkey, elevated, and undeniably exceptional, this penthouse is where elegance meets the Pacific.

D
Deanna Kenworthy
Listing Agent

Nearby schools

7/10
Stevenson Elementary School
Public,•K-5•0.5mi
6/10
Burbank Elementary School
Public,•K-5•1.1mi
6/10
Franklin Classical Middle School
Public,•6-8•0.6mi
6/10
Polytechnic High School
Public,•9-12•1.5mi
Condition Rating
Excellent
Despite being built in 1992, the listing explicitly states this is a 'fully remodeled penthouse' with 'every detail thoughtfully designed' and 'completely move in ready.' The images confirm this, showcasing a modern 'chef’s kitchen' with custom cabinetry, granite countertops, and professional-grade stainless steel appliances. The bathrooms are 'spa inspired retreats' with contemporary vanities, high-end tile work, and frameless glass showers. Rich wood floors and modern lighting are present throughout. All components appear new or virtually new, reflecting a very recent and extensive renovation, aligning perfectly with the 'excellent' criteria.
Pros & Cons

Pros

Breathtaking Panoramic Views: This penthouse offers stunning, unobstructed views of the Pacific Ocean, Rainbow Harbor, and the Queen Mary, including Catalina and the coastline, significantly enhancing its appeal and value.
Fully Remodeled & Turnkey Condition: The property is a 'fully remodeled penthouse' with 'every detail thoughtfully designed,' making it 'completely move in ready' and 'turnkey,' eliminating immediate renovation needs for the buyer.
Luxury Interior Finishes: Features a 'chef’s kitchen' with custom cabinetry, granite countertops, and professional-grade stainless steel appliances, alongside 'spa inspired retreats' for bathrooms, showcasing high-end design and materials.
Prime Location & Building Amenities: Situated in 'The Pacific' high-rise, offering a vibrant urban lifestyle with premier dining, exclusive clubs, and social experiences steps away, complemented by concierge services, a guest suite, and resort-style amenities.
Exclusive Penthouse & Low Maintenance Lifestyle: As a penthouse unit, it offers an elevated sense of distinction and luxury, combined with a 'sophisticated, low maintenance lifestyle' ideal for those seeking convenience without compromising elegance.

Cons

High Monthly Association Fee: The property carries a substantial monthly association fee of $1,444.00, which adds significantly to the ongoing cost of ownership and may deter some potential buyers.
Condominium Lifestyle Limitations: Despite its luxurious features, as a condominium, it inherently comes with shared walls, potential noise from neighbors, and HOA rules and regulations that may limit personal freedoms compared to a single-family home.
Modest Square Footage for Price Point: At 1,587 square feet for a 2-bedroom, 2-bath unit, while efficiently designed, some buyers expecting a 'large, luxurious home' at this price point might find the overall living space to be more compact than anticipated.
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