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$1,325,000

Beds
2
Baths
2.0
sq ft
1,593

850 E Ocean Blvd Unit 301, Long Beach, CA 90802

850 E Ocean Blvd Unit 301

Long Beach, CA 90802

  • 16 days on market
This hot-off-the-press renovation boasting picturesque ocean views from floor-to-ceiling windows in the living and dining rooms makes everyday life feel like the vacation of a lifetime. The generous floorplan features two outdoor living spaces not noted in the square footage. The largest two-bedroom floorplan in The Pacific Condominium also features two ensuite bathrooms, two secured parking spaces with storage, and secured guest parking. Abundant sunlight adorns the newly designed open-concept living and dining area with a stunning fireplace and built-in custom storage cabinets creating the perfect entertainment space. A brand-new modern kitchen inspires culinary adventures with top-of-the-line KitchenAid appliances, a dual zone wine cooler, plus bar seating for conversation. A nicely sized primary bedroom features a cozy enclosed balcony for morning coffee. The primary bathroom provides a spacious deep tub for soaking, a separate shower, two vanities, and a private commode. The second bedroom also has an ensuite bathroom. In-unit laundry adds convenience. Directly beach-front, The Pacific Condominium offers 5-star resort-style luxury amenities to include, heated swimming pool, hot tub, multiple BBQs, plush outdoor furnishings, outdoor showers, green space area, a fully equipped modern gym with sauna & showers, a stunning library with grand piano, pool table, fully equipped kitchen, 24-hour concierge, and full-time property management support. Cable, high-speed internet, and water are all included in the monthly HOA. Long Beach offers trendy shops, historic streets and architecture, mouthwatering restaurants, Performing Arts Center, World Trade Center, Convention Center, Belmont Shore, yacht clubs, and much more- just steps away from your front door.

Details

Property type

Condominium

Est. home value

$1,077,479

Property condition

Updated/Remodeled

Lot size

1.5916 acres

Price per sq ft

$832

Year built

1992

Monthly HOA fee

$1,320

Price History

09/03/2024
CRMLS

CRMLS #NP24181400

Listed
$1,325,000
+39.47%
05/03/2024
CRMLS

CRMLS #PF23187479

Sold
$950,000
-0.84%
04/09/2024
CRMLS

CRMLS #PF23187479

Pending
$958,000

Schools & Community

Neighborhood: 

Alamitos Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Sidewalks, Park

High school district: 

Long Beach Unified

Number of units in community: 

187

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

$1,034,053
Asking price
$1,325,000
Closing costs (~8% of asking)
-$106,000
Est. remaining loan balance
-$184,947
Cash to seller
$1,034,053

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

Seller’s Loan History

Lender

Cherry Creek Mortgage Co Inc

Loan start date

December 2012

Original loan amount

$255,000

Est. remaining balance

$184,947

Interest rate

3.4%

Loan type

New Conventional, 30 year

Seller

Patricia A Lockhart

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: 09/19/2024 at 9:05 AM

Listing updated: 09/18/2024 at 10:41 AM

Listed by: Andrew Moore, Compass Phone #: (949) 438-4340

MLS: CRMLS #NP24181400

CRMLS logo

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