tomo logo

$394,999

Beds
1
Baths
1.0
sq ft
599

360 W Ocean Blvd Unit 502, Long Beach, CA 90802

360 W Ocean Blvd Unit 502

Long Beach, CA 90802

  • 85 days on market
    • Price drop $10,000↓
Welcome to 360 W Ocean Blvd #502, a stunning corner unit in the heart of Long Beach! This spacious condo offers a unique blend of modern living with breathtaking views of the city. Enjoy panoramic sights of downtown Long Beach, City Hall, and Lincoln Park from your private balcony. Natural light floods the open living space, highlighting the contemporary design and comfortable layout. Located just a 5-minute walk from the vibrant Pine Street, you'll have easy access to some of the best bars, restaurants, and entertainment options the city has to offer. This is urban living at its finest—don't miss the opportunity to make this exceptional property your new home!

Details

Property type

Condominium

Est. home value

$402,813

Lot size

7,371 sq ft

Price per sq ft

$660

Year built

1922

Monthly HOA fee

$578.65

Price History

10/16/2024
CRMLS

CRMLS #PW24172435

Price change
$394,999
-2.47%
08/20/2024
CRMLS

CRMLS #PW24172435

Listed
$404,999
+2.53%
06/28/2024
CRMLS

CRMLS #SB24016631

Removed
$395,000

Schools & Community

Neighborhood: 

Downtown

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: 

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

$100,678
Asking price
$394,999
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$262,721
Cash to seller
$100,678

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

Seller’s Loan History

Lender

Alameda Mortgage Corp

Loan start date

October 2021

Original loan amount

$281,250

Est. remaining balance

$262,721

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Qamar Tejani and Akeeb Tejani

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?

Status: Active

Tomo last checked: 11/12/2024 at 5:35 PM

Listing updated: 11/11/2024 at 10:30 PM

Listed by: Andrew Giannos, eXp Realty of California Inc Phone #: (888) 584-9427

MLS: CRMLS #PW24172435

CRMLS logo

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