tomo logo

$590,000

Beds
2
Baths
1.0
sq ft
958

1616 E Ocean Blvd Unit 6, Long Beach, CA 90802

1616 E Ocean Blvd Unit 6

Long Beach, CA 90802

  • 86 days on market
    • Price drop $15,000↓
Location, Location, Location! This two-story, townhome style condo located in "The Hamilton" is a delightful waterfront vacation getaway and ocean front home. Situated on a bluff with an expansive common area sun deck and barbeque, the view of gleaming blue water draws you in from the moment you enter through the secured entry on Ocean Blvd and down the garden walkway. This charming and newly remodeled property has a sleek and modern kitchen with all new appliances, kitchen built-ins, high end finish and marbled granite countertops. The elegant bathroom has a shower that is spa worthy with dual shower heads and brass finish. High ceilings and recessed lighting throughout make the rooms feel cool and airy. The original hardwood oak floors have been polished and beautifully maintained, while new flooring has been installed in the kitchen and dining area to complement the modern design. A stackable washer and dryer are conveniently tucked away, and there is extra storage throughout. When you're not out on the sun deck enjoying the ocean views of Alamitos Beach and the Long Beach Marina, you can retreat to your very own private fenced patio garden. Beach access to the four-mile-long waterfront Boardwalk from Shoreline Village to Belmont Shore is conveniently located on the adjacent streets. This quaint 13 unit, historic property is also close to downtown restaurants, entertainment, and the best attractions Long Beach has to offer. Must see to appreciate!

Details

Property type

Condominium

Est. home value

$592,662

Property condition

Updated/Remodeled

Lot size

0.2471 acres

Price per sq ft

$616

Year built

1921

Monthly HOA fee

$314.18

Price History

10/25/2024
CLAW

CLAW #24425763

Price change
$590,000
-2.48%
10/17/2024
CLAW

CLAW #24425763

Price change
$605,000
-0.82%
09/20/2024
CLAW

CLAW #24425763

Price change
$610,000
-0.81%

Schools & Community

Neighborhood: 

Alamitos Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

High school district: 

Long Beach Unified

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

$116,780
Asking price
$590,000
Closing costs (~8% of asking)
-$47,200
Est. remaining loan balance
-$426,020
Cash to seller
$116,780

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

Seller’s Loan History

Lender

Western Express Lending

Loan start date

August 2022

Original loan amount

$476,000

Est. remaining balance

$426,020

Interest rate

4.67%

Loan type

New Conventional, 15 year

Seller

Alissa Heyer

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?

Similar Homes Nearby

Price drop
CRMLS
$655,000
2 bd
|
1.75 ba
|
880 sq ft
|
Condo

2138 E 1st St Unit 9, Long Beach, CA 90803

Price drop
CLAW
$505,000
2 bd
|
2 ba
|
898 sq ft
|
Condo

1045 E 3rd St Unit 2, Long Beach, CA 90802

Price drop
CRMLS
$625,000
2 bd
|
1.75 ba
|
1,080 sq ft
|
Condo

700 E Ocean Blvd Unit 902, Long Beach, CA 90802

Status: Active

Tomo last checked: 11/03/2024 at 4:30 AM

Listing updated: 10/25/2024 at 6:45 PM

Listed by: Ola Manet, Crestico Realty Phone #: (310) 873-3727

MLS: CLAW #24425763

CLAW logo

Recently listed in Long Beach