tomo logo

$545,000

Beds
1
Baths
1.0
sq ft
600

388 E Ocean Blvd Unit 402, Long Beach, CA 90802

388 E Ocean Blvd Unit 402

Long Beach, CA 90802

  • 49 days on market
Short term rental friendly. Breathtaking Ocean Views from the Heart of Downtown Long Beach! Experience luxury living on the 4th floor of the prestigious Aqua Towers with stunning panoramic ocean views. This air-conditioned condo offers modern comforts and a coveted parking spot in the secure garage. Step inside to an inviting open floor plan, where the kitchen seamlessly connects to the living room—ideal for entertaining. The kitchen boasts granite countertops, tile flooring, and a captivating ocean view to enjoy while cooking. The spacious bedroom features a walk-in closet, full en-suite bathroom, and indoor laundry area with full-size washer/dryer hookups. Both the bedroom and living room provide direct access to a rare wrap-around balcony, offering sweeping views of the Pacific Ocean, the Aquarium of the Pacific, iconic bridges, and beyond. Location is everything, and this unit delivers! Walk to the beach, explore the vibrant Pike Outlets, catch a show at local theaters, or enjoy a day at the Long Beach Convention Center. Stroll to Shoreline Village, the Laugh Factory, or take a quick walk to the Catalina Express terminal for a day trip to Catalina Island filled with dining, zip lining, tours, and more. After a day of adventure, unwind with Aqua Towers’ top-notch amenities, including a pool, spa, sauna, club room, gym, and business center. Whether you want to relax on your private balcony with front-row views of the Long Beach Grand Prix or take advantage of the vibrant downtown scene, this home has it all. Enjoy the convenience of 24/7 security concierge, and HOA dues that cover hot/cold water, internet, and more. This is coastal living at its finest!

Details

Property type

Condominium

Est. home value

$477,756

Lot size

2.7664 acres

Price per sq ft

$909

Year built

2004

Monthly HOA fee

$445

Price History

10/03/2024
CRMLS

CRMLS #IV24205186

Listed
$545,000
+29.76%
08/06/2020
CRMLS

CRMLS #DW20050181

Sold
$420,000
+25.37%
08/07/2015
CLAW

CLAW #15925221

Sold
$335,000

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: 

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

$216,862
Asking price
$545,000
Closing costs (~8% of asking)
-$43,600
Est. remaining loan balance
-$284,538
Cash to seller
$216,862

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

June 2020

Original loan amount

$314,000

Est. remaining balance

$284,538

Interest rate

3.23%

Loan type

New Conventional, 30 year

Seller

Trevina Davis

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: 11/21/2024 at 2:45 PM

Listing updated: 11/01/2024 at 11:05 AM

Listed by: JEREMIAH GURNICK, RYAN LEVI REALTY Phone #: (951) 977-1152

MLS: CRMLS #IV24205186

CRMLS logo

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