tomo logo

$474,000

Beds
1
Baths
1.0
sq ft
805

455 E Ocean Blvd Unit 911, Long Beach, CA 90802

455 E Ocean Blvd Unit 911

Long Beach, CA 90802

  • 96 days on market
    • Price drop $25,995↓
PRICE IMPROVEMENT! Updated corner unit located on the desirable 9th floor of the historic Cooper Arms Building. This unique residence offers large windows that frame breathtaking views of Downtown LA, the mountains, and the vibrant Downtown Long Beach skyline. Situated on the 9th floor, this prime corner/end unit shares only one wall, ensuring privacy and tranquility. Expansive windows boast panoramic views that extend from the city to the mountains, providing a stunning backdrop to your everyday life. The expanded kitchen features ample storage, stone countertops, a breakfast/dining bar, and a wine cubby—perfect for entertaining. French doors lead to a cozy bedroom with a dressing area and an attached bathroom, offering both style and convenience. The building welcomes you with a grand community living room, perfect for relaxing or socializing. Onsite property management ensures the building is well-maintained and secure. Enjoy the outdoors in the communal garden area. Community laundry is conveniently located within the building. Located in the East Village, steps to the Downtown Promenade, and the beach path, offering endless dining, shopping, and entertainment options. Don’t miss the opportunity to own this exceptional unit in one of Long Beach’s most iconic buildings.

Details

Property type

Condominium

Est. home value

$491,709

Lot size

0.458 acres

Price per sq ft

$589

Year built

1923

Monthly HOA fee

$517

Price History

10/16/2024
CRMLS

CRMLS #SB24166607

Price change
$474,000
-5.2%
08/12/2024
CRMLS

CRMLS #SB24166607

Listed
$499,995
+21.95%
01/21/2022
CRMLS

CRMLS #DW21223987

Sold
$410,000

Schools & Community

Neighborhood: 

East Village

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: 

159

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

$70,805
Asking price
$474,000
Closing costs (~8% of asking)
-$37,920
Est. remaining loan balance
-$365,275
Cash to seller
$70,805

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

November 2021

Original loan amount

$389,500

Est. remaining balance

$365,275

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Debra Annibella

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: 11/15/2024 at 6:00 PM

Listing updated: 11/08/2024 at 2:40 PM

Listed by: Nicholas Pasquarella, Beach City Brokers Phone #: (310) 543-3536

MLS: CRMLS #SB24166607

CRMLS logo

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