ParkingElectric Vehicle Charging Station(s), Garage, Garage Door Opener, Gated, One Space
Garage2 spaces
Year Built2004
CoolingCentral Air
FireplaceNone
ViewIsland, City Lights, Other, Ocean
MLS #OC24221242
Lot Size2.77 Acres
StatusActive
About 488 E Ocean Blvd Unit 616
Take advantage of all that Downtown Long Beach has to offer with this exquisite luxury high-rise condo with amazing views of the city, harbor, and Pacific Ocean. Upon entrance enjoy the open floorplan with an upgraded kitchen and multiple sliding doors that lead out to a wrap around private balcony. Large windows let in an abundance of light in this spacious 2 bedroom, 2 bath corner unit residence with the primary suite featuring a walk-in closet. Conveniently, there is an enclosed private garage with storage and an electric car charger plus an additional parking space. Enjoy resort like amenities such as a pool, spa, sauna, gym, 24/7 concierge, recreation room, and secure building. The beach, entertainment venues, and great restaurants are close in proximity. Seize this extraordinary opportunity to live in luxury!
This property is $25.3K more than the Median Sold Price and $200/SqFt more than other homes in Long Beach, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #OC24221242
Listing Office:
Office Name: Pinpoint Properties
Office Phone: (949) 209-9004
Listing Agent: Katrina Smith
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 8:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 08, 2021
Sep 08, 2021Home Sold
$720,000
May 11, 2009
May 11, 2009Home Sold
$535,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$8,157
$659,562
2020
$7,698
$652,800
2019
$7,158
$612,000
2018
$6,877
$569,000
2017
$6,877
$541,000
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,753
Per Month
Principal & Interest
$4,243
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$443
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,615
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Robert Louis Stevenson Elementary School
515 Lime Ave
Distance between this listing and this school0.53 miles
Public District Grades KG-5
5
/10
Oropeza Elementary School
700 Locust Ave
Distance between this listing and this school0.72 miles
Public District Grades KG-5
3
/10
Chavez Elementary School
730 W 3rd St
Distance between this listing and this school0.86 miles
Public District Grades KG-5
Nearby Schools
4
/10
Franklin Classical Middle School
540 Cerritos Ave
Distance between this listing and this school0.75 miles
Public District Grades 6-8
3
/10
Washington Middle School
1450 Cedar Ave
Distance between this listing and this school1.39 miles
Public District Grades 6-8
4
/10
Jessie E. Nelson Academy
1951 Cherry Ave
Distance between this listing and this school2.12 miles
Public District Grades 6-8
Nearby Schools
5
/10
Renaissance High School for the Arts
235 E 8th St
Distance between this listing and this school0.77 miles
Public District Grades 9-12
1
/10
Clear Passage Educational Center
1471 Martin Luther King Jr Ave
Distance between this listing and this school1.32 miles
Public Charter Grades 9-12
6
/10
Polytechnic High School
1600 Atlantic Ave
Distance between this listing and this school1.46 miles
The neighbors living near this home have an average income of $95,924. Typical income of Long Beach, CA residents is between $100k-200k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 488 E Ocean Blvd Unit 616
What is the listing price of this property?
The listing price of 488 E Ocean Blvd Unit 616 property is $850,000.
What type of property is this?
The property 488 E Ocean Blvd Unit 616 is a condo located in Long Beach, California, 90802.
Is this property for sale now?
Active Listing: 488 E Ocean Blvd Unit 616 is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $8,157 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 8, 2021 for $720,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 488 E Ocean Blvd Unit 616 has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 488 E Ocean Blvd Unit 616 is 1,020 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 488 E Ocean Blvd Unit 616 is 2004.
This home is located at 488 E Ocean Blvd Unit 616 in Long Beach, CA and zip code 90802 in the The Harbor neighborhood. This 1,020 square foot home, which was built in 2004, sits on a 2.77 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 04, 2024 and is currently priced at $850,000.
While more than 94 listings in Long Beach, CA in October 2024 were sold above asking price, there were more than 35 listings sold at asking price, and more than 83 were sold below. Between September 2024 and October 2024, Long Beach, CA real estate market has seen decrease in the number of listings by 0.1%. The median list price of listings available in October 2024 was $824,667, while the average time on the real estate market was 34 days.
From Rocket Homes Real Estate and based on county public records data.