NOT LISTED FOR SALE

Estimated Value: $479,000 - $550,000

1 Bed
1 Bath
680 Sq Ft
$640/mo HOA Fee

Last Sold September 14, 2022

Last sale price $465,000 $684 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,761/month

60 Days on Market

Highlights

  • Concierge
  • 5-minute walk to 1St Street Station
  • Spa
  • Fitness Center
  • 24-Hour Security
  • City Lights View

About This Home

As of September 2022

Welcome to 388 E. Ocean one of two luxury art deco soaring towers in downtown Long Beach. The building is like a high end hotel/resort with a Club Room, Business Center, 24 hour on site Concierge/Security, Community Pool, Spa, Sauna, Fitness Center and secure Parking. This one bedroom, one bathroom condo has new Samsung"Smart" stove and microwave that connects to Wi-Fi and the Whirlpool full size Washer/Dryer was purchased in 2021. The high ceilings and open floor plan makes this unit feel spacious and bright. Being on the 11th floor offers spectacular night views and bright daytime views from the stunning living room. Seller has maintained this home with attention to details with new paint and carpet it is ready to move-in. Some of the amenities are central heat and air, private balcony, in unit laundry, secure/gated parking (#38) and a quiet location. From the Aqua you can walk to the beach, the Aquarium, Shoreline Village, East Village and all of the downtown fabulous restaurants. Don't miss this opportunity to live in a beach community with so many things to do and see.

Last Agent to Sell the Property

Tyler Luckey

Compass License #01978990 Listed on: 06/16/2022

Compass

Co-Listed By

Pam Luckey

Compass License #00751586

Last Buyer's Agent

Brent Heflin

Heflin Realty, Inc. License #00886813

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2004

Lot Details

  • 2.77

HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available

Home Design

  • Turnkey

Interior Spaces

  • 680 Sq Ft Home
  • Living Room
  • City Lights Views

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Spa
  • Living Room Balcony
  • Exterior Lighting

Additional Features

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

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 53405
  • Assessor Parcel Number 7278017210

Community Details

Overview

  • 278 Units
  • Aqua 388 Community Association, Phone Number (562) 495-1425
  • Aqua Maintence Corp Association
  • Aqua HOA
  • Downtown Subdivision

Amenities

  • Concierge
  • Community Barbecue Grill
  • Sauna

Recreation

  • Fitness Center
  • Community Spa

Security

  • 24-Hour Security
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2004

Lot Details

0

HOA Fees

$640 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: 24 Hour Security, Fire Sprinkler System
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7278017210
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 680.00 Square Feet
  • Interior Amenities: Balcony, Living Room Balcony
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 683.82
  • Room Type: Kitchen, Living Room
  • Spa Features: Community
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • View: City Lights
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Aqua Maintence Corp
  • Amenities: Pool, Spa/Hot Tub, Sauna, Barbecue, Gym/Ex Room, Concierge
  • Association Fee: 445.00
  • Association #2 Fee: 195.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Aqua 388 Community Association
  • Phone: 562-495-1425
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: Aqua

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 120481.00
  • Lot Size Acres: 2.7659

Multi Family

  • Lease Considered: No
  • Lot Size Area: 120481.0000 Square Feet
  • Number Of Units In Community: 278
  • Number Of Units Total: 278

Tax Info

  • Tax Lot: 1
  • Tax Tract: 53405
  • Tax Tract Number: 53405

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Aug 17, 2022
Sold by
Donald And Lorraine Murray Living Trust
Bought by
Todd That Solivan Revocable Trust and Solivan
Seller's Agent
Tyler Luckey
Compass
Buyer's Agent
Brent Heflin
Heflin Realty, Inc.
List Price
$500,000
Sold Price
$465,000
Premium/Discount to List
-$35,000
-7%
Views
13
Current Estimated Value
$501,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,496
Avg. Annual Appreciation
2.23%

Purchase Details

Closed on
Apr 8, 2015
Sold by
Murray Michael
Bought by
Donald & Lorraine Murray Living Trust

Purchase Details

Closed on
Apr 13, 2006
Sold by
350 Ocean Tower I Llc
Bought by
Murray Donald S and Murray Lorraine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Todd That Solivan Revocable Trust $465,000 Fidelity National Title
Donald & Lorraine Murray Living Trust -- Accommodation
Murray Donald S $365,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murray Donald S $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2022 09/14/22 Sold $465,000 -2.1% $684 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
08/09/2022 08/09/22 Price Changed $475,000 -2.1% $699 / Sq Ft
07/20/2022 07/20/22 Price Changed $485,000 -3.0% $713 / Sq Ft
06/16/2022 06/16/22 For Sale $500,000 -- $735 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $6,191 $483,786 $192,474 $291,312
2024 $6,191 $474,300 $188,700 $285,600
2023 $6,083 $465,000 $185,000 $280,000
2022 $5,037 $399,539 $118,951 $280,588
2021 $4,929 $391,706 $116,619 $275,087
2019 $4,759 $372,000 $111,900 $260,100
2018 $4,238 $330,000 $99,300 $230,700
2016 $3,764 $305,000 $91,800 $213,200
2015 $3,586 $305,000 $91,800 $213,200
2014 $3,628 $305,000 $91,800 $213,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22130153

California Regional Multiple Listing Service (CRMLS)

APN: 7278-017-210

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