tomo logo

$365,000

Beds
Unknown
Baths
1.0
sq ft
469

360 W Ocean Blvd Unit 204, Long Beach, CA 90802

360 W Ocean Blvd Unit 204

Long Beach, CA 90802

  • 99 days on market
Welcome to this exquisite studio in the sought after Historic Sovereign Building. It is centrally located near the Ocean and Downtown Long Beach; best of both worlds. Upon walking in you are greeted by a plethora of natural sunlight through the large windows making the open space so much brighter. The kitchen has stainless steel appliances, an island that can also be used as a breakfast bar, and brand new beautiful sleek backsplash; perfect for entertaining. The bathroom was recently upgraded with tile walls throughout, new vanity and tile flooring. The bedroom and living room space have new flooring and a divider was added to maximize the space. It is simply stunning. Now let’s talk about location, this gem is located in the prestigious Sovereign Building which features an onsite manager, key card entry, a laundry room along with a beautiful rooftop. Near this building you have The Pike, Convention Center, The Aquarium of the Pacific, Shoreline Village, The Queen Mary and a variety of coffee shops, shopping centers throughout. All these spaces are within close proximity. Lastly, this beautiful studio comes with a RESERVED PARKING SPACE at a monthly cost. If you are looking to live in a prestigious location at a great price, look no further.

Details

Property type

Condominium

Est. home value

$359,515

Lot size

7,371 sq ft

Price per sq ft

$779

Year built

1922

Monthly HOA fee

$347.19

Price History

11/05/2024
CRMLS

CRMLS #RS24161957

Listed
$365,000
11/05/2024
CRMLS

CRMLS #RS24161957

Removed
$365,000
08/07/2024
CRMLS

CRMLS #RS24161957

Listed
$365,000
+1.39%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Long Beach Unified

Number of units in community: 

98

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

$15,368
Asking price
$365,000
Closing costs (~8% of asking)
-$29,200
Est. remaining loan balance
-$320,432
Cash to seller
$15,368

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

Seller’s Loan History

Lender

Cherry Creek Mortgage Co Inc

Loan start date

March 2022

Original loan amount

$337,500

Est. remaining balance

$320,432

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Norman Lee Dupree Jr and William Nguyen

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: 11/14/2024 at 2:55 PM

Listing updated: 11/05/2024 at 5:24 AM

Listed by: Gregory Harper, Premier Realtors Phone #: (562) 329-1145

MLS: CRMLS #RS24161957

CRMLS logo

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