tomo logo

$799,000

Beds
2
Baths
2.0
sq ft
1,040

388 E Ocean Blvd Unit 1614, Long Beach, CA 90802

388 E Ocean Blvd Unit 1614

Long Beach, CA 90802

  • <1 day on market
Luxury Living with Breathtaking Views – Prime Corner Unit at The Aqua Towers! Experience 5-star upscale living in the heart of Long Beach with this stunning corner-end unit on the 16th floor of The Aqua Towers. Boasting unmatched panoramic views of Long Beach Harbor, the city skyline, and unforgettable sunsets, this 1,040 sq. ft. residence offers an open, light-filled floor plan with 10 ft ceilings and 8 ft windows. Featuring two spacious bedrooms including a primary with en-suite bathroom and a large walk-in closet, this home is designed for both luxury and convenience. The kitchen is equipped with granite countertops and includes all appliances. The open floor plan and wrap around deck make this a perfect home for entertaining. There is a convenient in-unit laundry closet in the hallway. Enjoy an array of resort-style amenities, including: 24/7 security concierge; State-of-the-art fitness center with sauna room; Sparkling pool & relaxing jacuzzi; Club room & business center; High-speed internet access included. This exclusive unit also comes with a rare private 1-car garage with an enclosed storage room plus an additional covered parking spot. Located in the prime downtown district, you’re just steps from the beach, biking trails, Metro lines, Rainbow Park, The Pike, East Village, and vibrant local restaurants and shops. Plus, you’ll have easy access to world-class attractions like the Long Beach Grand Prix, The Queen Mary, and the Performing Arts Center. With low HOA fees covering security, fitness center, water, trash, sewer, insurance, and internet, this is your chance to experience unparalleled luxury with incredible value. Don’t miss out on this rare opportunity to own a prime high-rise unit in one of Long Beach’s most sought-after communities!

Details

Property type

Condominium

Est. home value

$707,722

Lot size

2.7664 acres

Price per sq ft

$769

Year built

2004

Monthly HOA fee

$516.58

Price History

04/03/2025
CRMLS

CRMLS #SB25070017

Listed
$799,000
+36.58%
06/27/2019
CRMLS

CRMLS #SR19084733

Sold
$585,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Sidewalks

High school district: 

Long Beach Unified

Number of units in community: 

274

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

$241,783
Asking price
$799,000
Closing costs (~8% of asking)
-$63,920
Est. remaining loan balance
-$493,297
Cash to seller
$241,783

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

Seller’s Loan History

Lender

Us Bank Na

Loan start date

May 2019

Original loan amount

$555,750

Est. remaining balance

$493,297

Interest rate

4.06%

Loan type

New Conventional, 30 year

Seller

Gary D Reichow and Elena Y Ovchinnikova Reykou

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: 04/04/2025 at 6:30 AM

Listing updated: 04/03/2025 at 12:05 PM

Listed by: Laura Grabher, Keller Williams South Bay Phone #: (310) 375-3511

MLS: CRMLS #SB25070017

CRMLS logo

Recently listed in Long Beach

$649,000|1 bd|1.5 ba|Townhouse
$790,000|3 bd|2.75 ba|House
$569,000|2 bd|2.0 ba|Townhouse
$1,429,000|5 bd|3.0 ba|House
$1,275,000|5 bd|2.0 ba|House
$1,199,000|2 bd|1.0 ba|House