tomo logo

$439,000

Beds
Unknown
Baths
1.0
sq ft
580

800 E Ocean Blvd Unit 504, Long Beach, CA 90802

800 E Ocean Blvd Unit 504

Long Beach, CA 90802

  • 59 days on market
    • Price drop $10,000↓
Price Reduced!!!Located in the Historical Villa Riviera is an iconic Residential High Rise on the in the City of Long Beach. Fabulous studio that can be easily converted into a 1-bedroom unit. This unit offers; Hardwood Floors, Coved Ceilings, Bay Windows with French Mullion style swing out window casement frames, plantation shutters, dining room with a gorgeous chandelier and a cozy galley Kitchen. A full bath is adjacent to an oversized dressing area. The HOA fees cover the following items: gas, electricity, hot water, heat, cable TV, and internet. The community offers a Grand Ballroom with a kitchen for catering, an incredible deck overlooking the ocean, BBQ facilities, and a guest suite for overnight guests (for a small fee). The building sits in the heart of a vibrant downtown, with 7 miles of walking, running and bike path out your door. Many events, shops, theaters and restaurants are all within walking distance: the Aquarium of the Pacific, Terrace Theater / Performing Arts Center, East Village Arts District, etc. The Villa Riviera is a French Chateau style 1928 architecturally award-winning landmark listed on the National Register of Historic Places, featuring a patina copper roof ornamented with distinctive gargoyles. Owners enjoy reduced property taxes under a Mills Act contract with the City. The Villa Riviera has parking, both indoors and outdoors, leased to residents at a monthly fee. Seller will pre-pay 2 years of parking for the buyers. This one is not to be missed!

Details

Property type

Condominium

Est. home value

$416,458

Lot size

1.1867 acres

Price per sq ft

$757

Year built

1928

Monthly HOA fee

$694

Price History

11/08/2024
CRMLS

CRMLS #OC24194824

Price change
$439,000
-2.23%
09/18/2024
CRMLS

CRMLS #OC24194824

Listed
$449,000
+6.93%
09/30/2022
CRMLS

CRMLS #PW22161348

Sold
$419,900

Schools & Community

Neighborhood: 

Alamitos Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Park, Street Lights, Sidewalks

High school district: 

Long Beach Unified

Number of units in community: 

134

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

$98,792
Asking price
$439,000
Closing costs (~8% of asking)
-$35,120
Est. remaining loan balance
-$305,088
Cash to seller
$98,792

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 Wholesale Mortgage

Loan start date

September 2022

Original loan amount

$314,925

Est. remaining balance

$305,088

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Natasha Katrina V Barba

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: 11/15/2024 at 6:05 PM

Listing updated: 11/07/2024 at 10:05 PM

Listed by: Mary Reyes-Gallegos, HomeSmart, Evergreen Realty Phone #: (949) 600-8930

MLS: CRMLS #OC24194824

CRMLS logo

Recently listed in Long Beach