$850,000
SOLD OCT 4, 2021
3 Beds
2 Baths
1,282 Sq Ft
$657/mo HOA Fee

Recently Sold

$663 Per Sq Ft

3% Below List Price

6 Days on Market

Highlights

  • Concierge
  • Ocean View
  • 0.87 Acre Lot
  • Long Beach Polytechnic High School Rated A
  • Fitness Center
  • Clubhouse

About This Home

As of October 2021

Welcome home to prestigious 1500 Ocean. This spacious 3 bedroom 2 bathroom condo is ready for you! Walk in and instantly feel at home. The kitchen opens up into the living room and features clean white cabinets, stainless steel appliances, tons of storage and recessed lighting. The main bedroom features access to the balcony, and a private attached bathroom with dual sinks, separate shower, and large tub perfect for soaking after a long day. The community offers a viewing deck with plenty of seating, a grill, and expansive ocean views, perfect for entertaining guests or watching the sunset. The community also has direct beach access, an exercise room, clubhouse, pool/spa, and is conveniently located close to the nightlife, dining, shopping, and public transportation of downtown Long Beach. Don't miss out on this great opportunity, this is truly beach front living at it's finest.

Last Agent to Sell the Property

Dublin Wahlberg

Think Boutiq Real Estate License #01755663 Listed on: 09/03/2021

Last Buyer's Agent

Jacqueline Simpson

Bullock Russell RE Services License #01909906

Bullock Russell RE Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,243

Year Built

  • Built in 2000

HOA Fees

  • $657 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,282 Sq Ft Home
  • Living Room with Fireplace
  • Ocean Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Two or More Common Walls
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 52245
  • Assessor Parcel Number 7265015081
  • $243 per year additional tax assessments

Community Details

Overview

  • 70 Units
  • 1500 Ocean Association, Phone Number (949) 716-3998
  • Millenium Management HOA
  • Alamitos Beach Subdivision

Amenities

  • Concierge
  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,243

Year Built

Built in 2000

Lot Details

0

HOA Fees

$657 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Security: Card/Code Access
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Zoning: LBPPD5
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265015081
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1282.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 663.03
  • Room Type: Living Room

Exterior Features

  • View: Ocean
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Gym/Ex Room, Clubhouse, Concierge, Pets Permitted, Management, Controlled Access
  • Association Fee: 656.86
  • Association Fee Frequency: Monthly
  • Association Name: 1500 Ocean
  • Phone: 949-716-3998
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: Millenium Management

Schools

  • School District: Los Alamitos Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 37910.00
  • Lot Size Acres: 0.8703

Multi Family

  • Lease Considered: No
  • Lot Size Area: 37910.0000 Square Feet
  • Number Of Units In Community: 70
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5766.02
  • Tax Lot: 1
  • Tax Tract Number: 52245
  • TaxOtherAnnualAssessmentAmount: 243.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2023
Sold by
Youssef Ghobrial and Youssef Amal
Bought by
Ghobrial And Amal Youssef Family Trust and Youssef
Current Estimated Value
$1,064,003

Purchase Details

Listed on
Oct 6, 2021
Closed on
Sep 29, 2021
Sold by
Marshall Michael D and Yamada Shigeo
Bought by
Heras Linda
Seller's Agent
Jacqueline Simpson
Bullock Russell RE Services
Buyer's Agent
Jacqueline Simpson
Bullock Russell RE Services
Sold Price
$3,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%

Purchase Details

Closed on
Jun 6, 2019
Sold by
Marshall Michael D and Marshall Revocable T Michael D
Bought by
Marshall Michael D and Yamada Shigeo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2006
Sold by
Marshall Michael D
Bought by
Marshall Michael D and Michael D Marshall Revocable Trust

Purchase Details

Closed on
Apr 22, 2000
Sold by
1500 Ocean Avenue Llc
Bought by
Marshall Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
8.08%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Grant Deed $850,000 Fidelity National Title Co
Interfamily Deed Transfer -- Title365
Interfamily Deed Transfer -- None Available
Grant Deed $390,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $209,000 New Conventional
Previous Owner $153,500 New Conventional
Previous Owner $290,000 Unknown
Previous Owner $252,700 No Value Available
Closed $39,725 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Rented $4,100 0.0% --
06/13/2024 06/13/24 Under Contract -- -- --
06/12/2024 06/12/24 For Rent $4,100 0.0% --
06/11/2024 06/11/24 Off Market $4,100 -- --
05/19/2024 05/19/24 Price Changed $4,100 -4.7% $3 / Sq Ft
02/09/2024 02/09/24 For Rent $4,300 +10.3% --
11/15/2021 11/15/21 Rented $3,900 0.0% --
10/27/2021 10/27/21 Under Contract -- -- --
10/06/2021 10/06/21 For Rent $3,900 0.0% --
10/04/2021 10/04/21 Sold $850,000 -2.9% $663 / Sq Ft
09/03/2021 09/03/21 For Sale $875,000 -- $683 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,243 $884,339 $514,789 $369,550
2023 $11,057 $867,000 $504,696 $362,304
2022 $10,368 $850,000 $494,800 $355,200
2021 $6,755 $553,616 $305,276 $248,340
2019 $6,656 $537,197 $296,222 $240,975
2018 $6,498 $526,664 $290,414 $236,250
2016 $5,973 $506,215 $279,138 $227,077
2015 $5,730 $498,613 $274,946 $223,667
2014 $5,686 $488,847 $269,561 $219,286
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21196018

California Regional Multiple Listing Service (CRMLS)

APN: 7265-015-081