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$690,000

Beds
2
Baths
2.0
sq ft
960

488 E Ocean Blvd Unit 818, Long Beach, CA 90802

488 E Ocean Blvd Unit 818

Long Beach, CA 90802

  • 104 days on market
    • Price drop $5,000↓
*SELLER"S ARE OFFERING THE FIRIST 6-12 MONTHS OF HOA DUES COVERED IN THE SALE** Introducing 488 Ocean Drive, Unit 818 - where luxury meets breathtaking views in beautiful Long Beach, California. This condominium is nestled in the heart of the vibrant coastal city and offers panoramic vistas of the Pacific Ocean, the iconic Queen Mary, and the bustling Long Beach Harbor. As you step into this meticulously renovated condo, you will be enveloped in a sense of tranquility, thanks to the soaring ceilings and an abundance of natural light. Every detail has been thoughtfully curated to create an unparalleled living experience. The heart of the home is the chef's dream kitchen, complete with stainless steel appliances, granite countertops, and a sprawling center island - perfect for entertaining guests and creating lasting memories. Your sanctuary boasts two spacious bedrooms, each offering stunning ocean views, walk-in closets, and balcony access to soak in the coastal breeze. Luxuriate in the spa-like bathrooms, adorned with high-end finishes and ample space to unwind after a long day. But the luxury doesn't stop there - enjoy exclusive access to an array of building amenities, including 24/7 security, concierge services, a fitness center, sauna, pool, spa, and much more. With two assigned underground parking spaces, convenience is always at your fingertips. Located just steps from the beach, waterfront promenade, and an array of entertainment options, including the Terrace Theatre, Shoreline Village, and Rainbow Park, Aqua offers the perfect blend of luxury and convenience in one of Southern California's most coveted communities. Don't miss your chance to experience coastal living at its best.

Details

Property type

Condominium

Est. home value

$679,194

Lot size

2.7664 acres

Price per sq ft

$719

Year built

2004

Monthly HOA fee

$493

Price History

05/17/2024
CLAW

CLAW #24370089

Price change
$690,000
-0.72%
05/03/2024
CLAW

CLAW #24370089

Price change
$695,000
-3.47%
03/18/2024
CLAW

CLAW #24370089

Listed
$719,999
-1.37%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$99,380
Asking price
$690,000
Closing costs (~8% of asking)
-$55,200
Est. remaining loan balance
-$535,420
Cash to seller
$99,380

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

September 2023

Original loan amount

$540,000

Est. remaining balance

$535,420

Interest rate

6.96%

Loan type

New Conventional, 30 year

Seller

Sherri Tanferani

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: 07/01/2024 at 8:35 AM

Listing updated: 06/27/2024 at 5:43 PM

Listed by: Nasiha Safiyullah, Equity Union Phone #: (818) 989-2000

MLS: CLAW #24370089

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