tomo logo

$1,100,000

Beds
3
Baths
2.75
sq ft
1,788

850 E Ocean Blvd Unit 607, Long Beach, CA 90802

850 E Ocean Blvd Unit 607

Long Beach, CA 90802

  • 71 days on market
Discover coastal living at its finest in this stunning 3-bedroom, 3-bathroom condo. The updated kitchen boasts white cabinets, granite countertops and a breakfast bar, perfect for morning coffee or casual meals. The spacious dining area, highlighted by an elegant light fixture, flows seamlessly into a large living room with direct access to a balcony offering sweeping views of the ocean, Queen Mary, and marina. The primary bedroom is a true retreat with an en suite bathroom featuring a separate tub and shower, dual sinks, and a massive closet with custom storage. An additional 2 bedrooms offer flexibility for guest rooms or a home office. 2 guest bathrooms provide convenience when entertaining. Laundry facilities are conveniently located within the unit. Two secured parking spaces ensure ease and security for your vehicles. The community amenities elevate your lifestyle with a pool, spa, outdoor dining area, common room, and direct beach access. Embrace the blend of luxury and comfort in this exceptional condo, where every detail is designed for your enjoyment.

Details

Property type

Condominium

Est. home value

$1,047,192

Lot size

1.5916 acres

Price per sq ft

$616

Year built

1992

Monthly HOA fee

$1,241.6

Price History

07/11/2024
CRMLS

CRMLS #PW24141385

Listed
$1,100,000
+47.65%
10/02/2014
CRMLS

CRMLS #PW14153106

Sold
$745,000

Schools & Community

Neighborhood: 

Alamitos Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Sidewalks

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

$681,260
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$330,740
Cash to seller
$681,260

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

Seller’s Loan History

Lender

Ffsi Inc

Loan start date

September 2014

Original loan amount

$417,000

Est. remaining balance

$330,740

Interest rate

4.12%

Loan type

New Conventional, 30 year

Seller

Gergis Ghobrial and Aileen Margaret Ghobrial

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 5:05 PM

Listing updated: 08/21/2024 at 11:35 AM

Listed by: Jeff Anderson, eXp Realty of California Inc Phone #: (800) 784-2616

MLS: CRMLS #PW24141385

CRMLS logo

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