NOT LISTED FOR SALE

388 E Ocean Blvd Unit 216 Long Beach, CA 90802

Downtown Neighborhood

Estimated Value: $441,317 - $520,000

1 Bed
1 Bath
600 Sq Ft
$511/mo HOA Fee

Last Sold November 10, 2014

Last sale price $300,000 $500 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,427/month

61 Days on Market

Highlights

  • Private Pool
  • 5-minute walk to 1St Street Station
  • Main Floor Bedroom
  • Peek-A-Boo Views
  • 3.1 Acre Lot
  • Laundry Room

About This Home

As of November 2014

Rare bright and airy corner location. Luxurious 1 bedroom condo in downtown Long Beach AQUA. Walking distance to shops, restaurants, and entertainments. All appliances included along with refrigerator, washer, and dryer. State of the art fitness center, club/business center, outdoor pool/sundeck, Jacuzzi, BBQ area, dry sauna, and 24 hours concierge. Located next to performing arts center, sports arena, public transit system, Aquarium of the Pacific. Beautiful beach view with soothing ocean breeze. Throw yourself into the epicenter of racing excitement in the pit road patio seat at the Toyota Grand Prix of Long Beach!!

Last Agent to Sell the Property

Corinna Yang

Corinna Yang Broker License #01357668 Listed on: 08/07/2014

Last Buyer's Agent

Kenneth Gaugh

Kenneth Ray Gaugh License #01168752

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,682

Year Built

  • Built in 2004

Lot Details

  • Two or More Common Walls
  • No Landscaping

HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 600 Sq Ft Home
  • Peek-A-Boo Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Private Pool
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 53405
  • Assessor Parcel Number 7278017066

Community Details

Overview

  • 278 Units

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,682

Year Built

Built in 2004

Lot Details

0

HOA Fees

$511 per month

Parking

1

Listing Details

  • Assessments: No
  • Inclusions: Refrigerator, Washer, Dryer
  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7278017066
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 600.00
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Price Per Square Foot: 500.00
  • Room Type: Main Floor Bedroom

Exterior Features

  • View: Peek-A-Boo
  • Pool Features: Association
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 364.00
  • Association #2 Fee: 147.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 134998.00
  • Lot Size Acres: 3.0990

Multi Family

  • Lease Considered: No
  • Lot Size Area: 134998.0000 Square Feet
  • Number Of Units In Community: 278
  • Number Of Units Total: 278

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 53405

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2014
Closed on
Oct 28, 2014
Sold by
Ajas2 Llc
Bought by
Ineno Lawrence Osamu
Seller's Agent
Corinna Yang
Corinna Yang Broker
Buyer's Agent
Kenneth Gaugh
Kenneth Ray Gaugh
List Price
$315,000
Sold Price
$300,000
Premium/Discount to List
-$15,000
-4.76%
Current Estimated Value
$474,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,079
Avg. Annual Appreciation
4.28%
Original Mortgage
$240,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2011
Sold by
Chan Alex C and Chan Yih Ling E
Bought by
Ajas2 Llc

Purchase Details

Closed on
Mar 24, 2011
Sold by
Knoll Axel A
Bought by
Chan Alex C and Chan Yih Ling E

Purchase Details

Closed on
Apr 13, 2006
Sold by
350 Ocean Tower I Llc
Bought by
Knoll Axel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,886
Interest Rate
6.37%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ineno Lawrence Osamu $300,000 Chicago Title Company
Ajas2 Llc -- None Available
Chan Alex C -- None Available
Knoll Axel A $361,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ineno Lawrence Osamu $296,200
Closed Ineno Lawrence Osamu $37,000
Closed Ineno Lawrence Osamu $20,000
Closed Ineno Lawrence Osamu $240,000
Previous Owner Knoll Axel A $288,886
Previous Owner Knoll Axel A $45,139
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2014 11/10/14 Sold $300,000 -4.8% $500 / Sq Ft
10/07/2014 10/07/14 Pending -- -- --
08/07/2014 08/07/14 For Sale $315,000 0.0% $525 / Sq Ft
07/01/2013 07/01/13 Rented $1,500 -6.3% --
06/25/2013 06/25/13 Under Contract -- -- --
05/17/2013 05/17/13 For Rent $1,600 +10.3% --
03/21/2012 03/21/12 Rented $1,450 -14.7% --
03/16/2012 03/16/12 Under Contract -- -- --
10/28/2011 10/28/11 For Rent $1,700 -- --
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 $4,682 $360,545 $108,161 $252,384
2024 $4,682 $353,477 $106,041 $247,436
2023 $4,599 $346,547 $103,962 $242,585
2022 $4,316 $339,753 $101,924 $237,829
2021 $4,222 $333,092 $99,926 $233,166
2019 $4,160 $323,214 $96,963 $226,251
2018 $4,072 $316,877 $95,062 $221,815
2016 $3,752 $304,574 $91,372 $213,202
2015 $3,602 $300,000 $90,000 $210,000
2014 $3,156 $257,098 $76,920 $180,178
Source: Public Records

Agents Affiliated with this Home

  • Corinna Yang

    Seller's Agent in 2014

    Corinna Yang

    Corinna Yang Broker

    (310) 266-9448

    25 Total Sales

    Corinna Yang
    Section Image

  • K

    Buyer's Agent in 2014

    Kenneth Gaugh

    Kenneth Ray Gaugh

  • Evan Jay

    Buyer's Agent in 2013

    Evan Jay

    RE/MAX

    (310) 864-1233

    49 Total Sales

    Evan Jay
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS14168431

California Regional Multiple Listing Service (CRMLS)

APN: 7278-017-066

California Los Angeles County Long Beach 90802 Downtown

388 E Ocean Blvd Unit 216, Long Beach, CA

This home is located at 388 E Ocean Blvd Unit 216, Long Beach, CA 90802 since 07 August 2014 and is currently estimated at $474,079, approximately $790 per square foot. This property was built in 2004. 388 E Ocean Blvd Unit 216 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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