tomo logo

$875,000

Beds
2
Baths
2.0
sq ft
1,360

400 W Ocean Blvd Unit 206, Long Beach, CA 90802

400 W Ocean Blvd Unit 206

Long Beach, CA 90802

  • 7 days on market
Welcome to West Ocean Towers! Experience SoCal's most exciting and appealing, full-service Urban Coastal high rise community. This sophisticated condominium has a fantastic northeast corner location and inspiring City Views. Quality finishes, contemporary design and a fantastic floor plan are just the beginning. The huge Great Room with wrap-around floor-to-ceiling glass and a huge balcony perfectly provide for those impressive downtown soirees. Luxurious wide plank luxury laminate and tile floors, Shaker-style cabinets, stainless steel appliances, gleaming granite counters and splashes, custom window shades, luxurious carpet and elegant lighting make this turnkey home ready for gracious living. The unit comes with a separate deeded storage room and parking for 2 cars. The 2-tower complex recently underwent a complete and total professional designer interior and exterior refresh w/ all new finishes and furnishings. There is every luxe amenity, including your own temperature-controlled Wine Locker, deluxe Gym and separate Fitness room, Screening Room w/ Kitchenette, Billiards Room, Rentable Guest Suite, two Meeting Rooms, two Banquet Rooms with Catering Kitchens and BBQ Patios, two Outdoor Fireplaces, a huge Pool, Spa, Sauna, Outdoor Shower, Bike Storage Room, two impressive Lobbies with 24-hour Concierge Services, and Full Security. Fantastic community programming and several social clubs enhance this enviable residential environment. Conveniently located within blocks to everything Downtown - The Marina, Civic Center, Shoreline Village, The Aquarium of the Pacific, The LA River and Beach Bike Path, The Pike, Pine Avenue, The Promenade, The LA Metro, Catalina Landing, The Performing Arts Center, The East Village Arts District, top-notch restaurants, bars and shops and.....yes, the Beach! Schedule a private showing soon to appreciate all this special property has to offer.

Details

Property type

Condominium

Est. home value

$763,847

Lot size

0.7679 acres

Price per sq ft

$644

Year built

2007

Monthly HOA fee

$1,027.53

Price History

09/12/2024
CRMLS

CRMLS #PF24175615

Listed
$875,000
-2.23%
08/16/2024
CRMLS

CRMLS #PW24102224

Removed
$895,000
07/23/2024
CRMLS

CRMLS #PW24102224

Price change
$895,000
-5.79%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Curbs, Street Lights, Sidewalks, Park

High school district: 

Long Beach Unified

Number of units in community: 

248

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

$286,793
Asking price
$875,000
Closing costs (~8% of asking)
-$70,000
Est. remaining loan balance
-$518,207
Cash to seller
$286,793

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

Seller’s Loan History

Lender

United American Mortgage Corp

Loan start date

July 2023

Original loan amount

$525,000

Est. remaining balance

$518,207

Interest rate

6.57%

Loan type

New Conventional, 30 year

Seller

Michael Anthony Shloub

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: 09/18/2024 at 5:55 PM

Listing updated: 09/18/2024 at 8:51 AM

Listed by: Michael Albanese, Engel & Volkers Pasadena Phone #: (626) 584-0101

MLS: CRMLS #PF24175615

CRMLS logo

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