NOT LISTED FOR SALE

388 E Ocean Blvd Unit 1508 Long Beach, CA 90802

Downtown Neighborhood

Estimated Value: $720,144 - $746,000

2 Beds
2 Baths
990 Sq Ft
$620/mo HOA Fee

Last Sold May 19, 2021

Last sale price $677,500 $684 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,289/month

87 Days on Market

Highlights

  • Concierge
  • 5-minute walk to 1St Street Station
  • 24-Hour Security
  • Ocean View
  • Fitness Center
  • In Ground Pool

About This Home

As of May 2021

Stunning, luxurious, and meticulously detailed, this lush Aqua Tower condo is located in the downtown area of Long Beach, CA. This elegant 15th-floor unit benefits from a convenient floor plan that features two master suites and unobstructed, sweeping panoramic views of the Pacific, the iconic Queen Mary, and one of the world's largest outdoor murals (Wyland's Whaling Wall) on the Long Beach convention center. Ideal for entertaining, this perfectly sunlit home features stainless steel appliances and generous storage throughout. Stylish hardwood flooring and discerning granite countertops perfectly enrich the feel of this high rise home. The Aqua community offers 24-hour concierge services, access to an immaculately maintained pool with hot tub, sun patio, BBQ's, business center, and a fitness room with a sauna. Ideally situated in the heart of the city, you're mere steps from shopping, dining, public transportation, and the CA freeways.

Last Agent to Sell the Property

Amy Hlad

Engel & Völkers Newport Beach License #01967236 Listed on: 01/22/2021

Engel & Völkers Newport Beach

Last Buyer's Agent

Darius Majlessi

Sotheby's International Realty License #01294550

Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,179

Year Built

  • Built in 2004

Lot Details

  • 2.77

HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Gated Parking
  • Guest Parking

Property Views

  • Ocean
  • Marina
  • Catalina
  • Panoramic

Home Design

  • Turnkey

Interior Spaces

  • 990 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Track Lighting
  • Custom Window Coverings
  • Roller Shields
  • Sliding Doors
  • Entryway
  • Family Room Off Kitchen
  • Living Room
  • Living Room Balcony

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Granite Countertops
  • Quartz Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bidet
  • Low Flow Toliet
  • Soaking Tub
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Additional Features

  • Two or More Common Walls
  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 53405
  • Assessor Parcel Number 7278029025

Community Details

Overview

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

Amenities

  • Concierge
  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Meeting Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Dog Park

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,179

Year Built

Built in 2004

Lot Details

0

HOA Fees

$620 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: All kitchen appliances, washer and dryer
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Card/Code Access, Resident Manager, Smoke Detector(s)
  • Subdivision Name Other: Aqua
  • View: Yes
  • Zoning: LBPD6
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7278029025
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 990.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, High Ceilings, Living Room Balcony, Pantry, Track Lighting
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: In Kitchen
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 684.34
  • Room Type: Entry, Kitchen, Living Room, Master Suite, Two Masters, Walk-In Closet
  • Spa Features: Association, In Ground
  • Window Features: Custom Covering, Roller Shields
  • Bathroom Features: Bathtub, Bidet, Low Flow Toilet(s), Shower In Tub, Granite Counters, Linen Closet/Storage, Soaking Tub
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters

Exterior Features

  • Patio: Yes
  • View: Catalina, Marina, Ocean, Panoramic
  • Patio And Porch Features: Covered
  • Pool Features: Association, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Phone Available
  • Heating: Yes
  • Laundry: Yes
  • 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
  • Amenities: Pool, Spa/Hot Tub, Sauna, Barbecue, Outdoor Cooking Area, Gym/Ex Room, Clubhouse, Meeting Room, Concierge, Maintenance Grounds, Trash, Sewer, Water, Pet Rules, Pets Permitted, Controlled Access
  • Association Fee: 447.84
  • Association #2 Fee: 172.00
  • 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: Curbs, Dog Park, Gutters, Sidewalks, Storm Drains, Street Lights, Urban
  • Association Management: Aqua

Schools

  • School District: Long Beach Unified

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 278
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 53405

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Apr 21, 2021
Sold by
Schuldheis Sherrie L and Sherrie L Schuldheis Trust
Bought by
Katrikh Solomon and Katrikh Nelly
Seller's Agent
Amy Hlad
Engel & Völkers Newport Beach
Buyer's Agent
Darius Majlessi
Sotheby's International Realty
List Price
$675,000
Sold Price
$677,500
Premium/Discount to List
$2,500
0.37%
Current Estimated Value
$739,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,786
Avg. Annual Appreciation
2.16%
Original Mortgage
$542,000
Outstanding Balance
$492,230
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$251,119

Purchase Details

Closed on
Mar 14, 2015
Sold by
Schuldheis Sherrie
Bought by
Schuldheis Sherrie L and The Sherrie L Schuldheis Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,641
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2012
Sold by
Schuldheis Sherrie
Bought by
Schuldheis Sherrie L and Sherrie L Schuldheis Trust

Purchase Details

Closed on
Apr 14, 2008
Sold by
350 Ocean Tower I Llc
Bought by
Schuldeheis Sherrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Katrikh Solomon $677,500 Orange Coast Ttl Co Of Socal
Schuldheis Sherrie L -- Progressive
Schuldheis Sherrie -- Progressive
Schuldheis Sherrie L -- None Available
Schuldeheis Sherrie $510,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katrikh Solomon $542,000
Previous Owner Schuldheis Sherrie $307,641
Previous Owner Schuldheis Sherrie $345,000
Previous Owner Schuldeheis Sherrie $335,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2021 05/19/21 Sold $677,500 +0.4% $684 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $675,000 0.0% $682 / Sq Ft
07/26/2015 07/26/15 Rented $2,500 0.0% --
07/26/2015 07/26/15 For Rent $2,500 -- --
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
2025 $9,179 $733,345 $257,076 $476,269
2024 $9,179 $718,967 $252,036 $466,931
2023 $9,021 $704,871 $247,095 $457,776
2022 $8,459 $691,050 $242,250 $448,800
2021 $7,522 $606,732 $182,019 $424,713
2020 $7,502 $600,512 $180,153 $420,359
2019 $7,412 $588,738 $176,621 $412,117
2018 $7,117 $566,000 $171,000 $395,000
2016 $6,286 $521,000 $157,000 $364,000
2015 $5,478 $464,000 $140,000 $324,000
2014 $5,085 $424,000 $127,600 $296,400
Source: Public Records

Agents Affiliated with this Home

  • Amy Hlad

    Seller's Agent in 2021

    Amy Hlad

    Engel & Völkers Newport Beach

    (562) 506-4794

    1 in this area

    39 Total Sales

    Amy Hlad
    Section Image
  • Darius Majlessi

    Buyer's Agent in 2021

    Darius Majlessi

    Sotheby's International Realty

    (818) 426-6639

    1 in this area

    22 Total Sales

    Darius Majlessi
    Section Image

  • M

    Seller's Agent in 2015

    Mike Dunfee

    Engel & Völkers Long Beach

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21010867

California Regional Multiple Listing Service (CRMLS)

APN: 7278-029-025

California Los Angeles County Long Beach 90802 Downtown

388 E Ocean Blvd Unit 1508, Long Beach, CA

This home is located at 388 E Ocean Blvd Unit 1508, Long Beach, CA 90802 since 22 January 2021 and is currently estimated at $739,286, approximately $746 per square foot. This property was built in 2004. 388 E Ocean Blvd Unit 1508 is a home located in Los Angeles County with nearby schools including Cesar Chavez Elementary School, Washington Middle School, and Juan Rodriguez Cabrillo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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. Properties may or may not be listed by the office/agent presenting the information

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