tomo logo

$845,000

Beds
2
Baths
2.0
sq ft
1,112

525 E Seaside Way Unit 2004, Long Beach, CA 90802

525 E Seaside Way Unit 2004

Long Beach, CA 90802

  • 113 days on market
    • Price drop $30,000↓
Real estate opportunity/advantage from 2028 Olympics in this 20th floor high quality upgraded condo with panoramic ocean views and more! Highly-upgraded, completed Oct 2023. German 7mm Bay Bridge Oak vinyl floor with 12mm QEP cork underlayment sound proofing from Portugal. Top grade kitchen cabinets. Italian artistic high quality tiles in bathroom shower and bathroom tub. German Grohe Dual-showerheads. Two deeded parking spaces are conveniently side by side. Beautiful views of ocean, Queen Mary, Carnival cruise ships, Marina, Catalina Island, Long Beach Sport Arena, Convention Center, and more. Enjoying views from balcony and from living room, master bedroom & secondary bedroom/office. Also enjoy prime views of Long Beach Grand Prix, Jazz Festival, fireworks. 2028 Summer Olympic sites around the building (rowing and canoe sprint at its Marine Stadium, handball at Arena, marathon swimming and triathlon along the waterfront, sailing at Belmont Shore and water polo in the convention). Walking distance to beach, restaurants, bars, coffee shops, Vons, Shoreline Village shopping Center and Performing Arts Center. Modern lobby with 24 hour security guard on duty, package concierge, resort style pool, spa, gym, sauna, ping pong table, meeting room, viewing deck and 80 guest parking spaces. HOA fee covers water, trash, recycling, common area maintenance and more.

Details

Property type

Condominium

Est. home value

$728,045

Lot size

0.9309 acres

Price per sq ft

$760

Year built

1990

Monthly HOA fee

$957.75

Price History

08/27/2024
CRMLS

CRMLS #TR24116539

Price change
$845,000
-3.43%
08/27/2024
CRMLS

CRMLS #TR24116539

Listed
$875,000
08/21/2024
CRMLS

CRMLS #TR24116539

Pending
$875,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

High school district: 

Long Beach Unified

Number of units in community: 

226

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

$417,983
Asking price
$845,000
Closing costs (~8% of asking)
-$67,600
Est. remaining loan balance
-$359,417
Cash to seller
$417,983

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

Seller’s Loan History

Lender

General Mortgage Capital Corp

Loan start date

May 2023

Original loan amount

$365,000

Est. remaining balance

$359,417

Interest rate

6.42%

Loan type

New Conventional, 30 year

Seller

Luke Man Lin

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?

Similar Homes Nearby

CRMLS
$825,000
2 bd
|
2 ba
|
1,410 sq ft
|
Condo

411 W Seaside Way Unit 204, Long Beach, CA 90802

CRMLS
$765,000
2 bd
|
2 ba
|
990 sq ft
|
Condo

488 E Ocean Blvd Unit 1408, Long Beach, CA 90802

CRMLS
$775,000
2 bd
|
2 ba
|
1,070 sq ft
|
Condo

400 W Ocean Blvd Unit 504, Long Beach, CA 90802

Status: Active

Tomo last checked: 09/27/2024 at 7:20 PM

Listing updated: 09/18/2024 at 6:58 AM

Listed by: Mimi He, Golden Key Realty Corporation Phone #: (949) 439-8839

MLS: CRMLS #TR24116539

CRMLS logo

Recently listed in Long Beach