tomo logo

$399,000

Beds
1
Baths
1.0
sq ft
586

1101 E Ocean Blvd Unit 24, Long Beach, CA 90802

1101 E Ocean Blvd Unit 24

Long Beach, CA 90802

  • 45 days on market
    • Price drop $10,000↓
Price Reduction. Situated across the street from the ocean in the desirable district of Alamitos Beach, Long Beach, CA., this home features a great living space with one well-appointed bedroom and one full bath. Situated on the top floor of Villa Aqua Condominiums, the unit boasts the comfort of modern living matched with a convenient location. The inviting layout includes a seating area with large windows that usher in natural sunlight to illuminate the stunning hardwood flooring. A remodeled kitchen and bath have been updated with quality materials. With a low HOA, the complex consists of a sparkling community pool perfect for sunny California days, and a practical on-site laundry facility ensuring utmost convenience for your daily chores. Situated a short distance from numerous restaurants, shops, and theatres this home is close to the Pike Entertainment Complex, Pine Avenue, and Belmont shores. Never a dull moment as the East Village Arts District, Art Theatre, Yoga on the Bluff, Beach walk and numerous bike paths are available for your enjoyment. Enjoy all that this home and location has to offer and make the beach your home!

Details

Property type

Condominium

Est. home value

$387,152

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$681

Year built

1957

Monthly HOA fee

$222

Price History

11/13/2024
CRMLS

CRMLS #SB24203877

Price change
$399,000
-2.44%
10/07/2024
CRMLS

CRMLS #SB24203877

Listed
$409,000
+23.94%
01/14/2022
CLAW

CLAW #21765582

Sold
$330,000

Schools & Community

Neighborhood: 

Alamitos Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights, Sidewalks

High school district: 

Long Beach Unified

Number of units in community: 

25

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$90,215
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$276,865
Cash to seller
$90,215

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

October 2021

Original loan amount

$297,000

Est. remaining balance

$276,865

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Michael Castillo

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/21/2024 at 1:50 PM

Listing updated: 11/17/2024 at 11:54 AM

Listed by: Paula Petrotta, West Shores Realty, Inc. Phone #: (310) 541-8000

MLS: CRMLS #SB24203877

CRMLS logo

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