$550,000
SOLD JUL 31, 2019

388 E Ocean Blvd Unit 305 Long Beach, CA 90802

Downtown Neighborhood
2 Beds
2 Baths
1,120 Sq Ft
$570/mo HOA Fee

Recently Sold

$491 Per Sq Ft

3% Below List Price

53 Days on Market

Highlights

  • Concierge
  • 5-minute walk to 1St Street Station
  • 24-Hour Security
  • Property has ocean access
  • Fitness Center
  • In Ground Pool

About This Home

As of March 2021

Luxury Condo at Aqua Towers on Ocean Blvd with City Views. The largest 2BR/2BA plan with 1120 square feet , each en-suite and with its own large walk-in closet are separated by the Living room and Kitchen, adding privacy* Master bedroom walk-in closet has floor to ceiling custom cabinets* Additional features unique floor to ceiling windows for Great Natural Light* High 10 foot Ceilings*Stunning Hardwood Floors* Open Layout* Kitchen with stainless steel appliances and Granite Counter Tops* In-Unit Laundry with full sized washer/dryer included* Wonderful Amenities Including 24/7 Concierge, Pool/Spa with Outdoor BBQ and Lounging Area, Fitness Center, Sauna, Club Room with kitchen and large flat screen TV, Business Center. HOA also include Internet and water* Property has 2 full size Deeded Subterranean Parking Spaces ( one is right by the elevator) and Plenty of Guest Parking* Walking distance to Entertainment/Restaurants, the Ocean, the Beach, Long Beach Performing Arts Center, The Pike, East Village Arts District, Friday Farmer's Market, Metro lines, Public Transportation AND all the events Long Beach has to offer!!Long Beach has a Big City Style, Small Town Charm-A Foodie Paradise with attractions,shopping,entertainment, nightlife and 345 days of sunshine per year!!!

Last Agent to Sell the Property

Bill Etchegaray

Century 21 Affiliated License #01139672 Listed on: 05/13/2019

Century 21 Affiliated

Co-Listed By

Cynthia Selway

Century 21 Affiliated License #01302975

Last Buyer's Agent

Karin McGinley

Home Smart Realty Group License #01752689

Home Smart Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,118

Year Built

  • Built in 2004

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Guest Parking
  • Controlled Entrance
  • Community Parking Structure

Property Views

  • City Lights
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Modern Architecture
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,120 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Family Room Off Kitchen
  • Living Room

Kitchen

  • Open to Family Room
  • <<builtInRangeToken>>
  • Range Hood
  • <<microwave>>
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • Heated Spa

Outdoor Features

  • Property has ocean access
  • Ocean Side of Highway 1
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting

Location

  • Across the Road from Lake or Ocean
  • Property is near a park
  • Property is near public transit
  • Urban Location

Additional Features

  • No Interior Steps
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 64507
  • Assessor Parcel Number 7278017072

Community Details

Overview

  • 298 Units
  • Aqua Association, Phone Number (562) 495-1425
  • Maintained Community

Amenities

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

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Dog Park
  • Water Sports
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,118

Year Built

Built in 2004

Lot Details

0

HOA Fees

$570 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Fire Sprinkler System, Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Zoning: LBPD6
  • Architectural Style: Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7278017072
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1120.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s)
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet, Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 491.07
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Two Masters, Walk-In Closet
  • Spa Features: Association, Heated
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Granite Counters
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: City Lights, Hills, Mountain(s), Neighborhood
  • Patio And Porch Features: Deck
  • Pool Features: Association, In Ground
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Concrete

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Controlled Entrance, Covered, Guest, On Site, Structure, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Microwave, Range Hood
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Inside, Washer Included
  • Sewer: Other
  • Water Source: Other
  • 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, Recreation Room, Meeting Room, Concierge, Maintenance Grounds, Trash, Sewer, Water, Pets Permitted, Guard, Controlled Access
  • Association Fee: 410.00
  • Association #2 Fee: 160.00
  • Association Fee Frequency: Monthly
  • Association Name: Aqua
  • Phone: 562-495-1425
  • Senior Community: No
  • Community Features: Biking, Dog Park, Watersports, Sidewalks, Street Lights, Urban
  • Association Management: Aqua

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 120481.00
  • Lot Size Acres: 2.7659
  • Latitude Manual: 33.76636200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 120481.0000 Square Feet
  • Number Of Units In Community: 298
  • Number Of Units Total: 1
  • Waterfront Features: Across the Road from Lake/Ocean, Ocean Access, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 5760.01
  • Tax Lot: 1
  • Tax Tract Number: 64507

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2021
Closed on
Mar 2, 2021
Sold by
Kalathil Nandakumar and Kalathil Lekha
Bought by
Groner Myles
Seller's Agent
Beatrix Whipple
Keller Williams Pacific Estate
Buyer's Agent
Paul Armstrong
Realty Network
List Price
$589,000
Sold Price
$589,000
Current Estimated Value
$740,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,679
Avg. Annual Appreciation
5.51%
Original Mortgage
$471,200
Outstanding Balance
$427,821
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$312,858

Purchase Details

Closed on
Feb 10, 2020
Sold by
Kalathil Nandakumar and Kalathil Lekha
Bought by
Kalathil Nandakumar and Kalathil Lekha

Purchase Details

Listed on
May 13, 2019
Closed on
Jul 10, 2019
Sold by
Florescu Florin Virgil
Bought by
Kalathil Nandakumar E and Kalathil Lekha
Seller's Agent
Bill Etchegaray
Century 21 Affiliated
Buyer's Agent
Karin McGinley
Home Smart Realty Group
List Price
$569,000
Sold Price
$550,000
Premium/Discount to List
-$19,000
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%
Original Mortgage
$150,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 3, 2017
Closed on
Jun 28, 2017
Sold by
Florescu Nicoleta A
Bought by
Florescu Florin Virgil
Seller's Agent
Aaron Duckett
Duck Group Real Estate
Buyer's Agent
Bill Etchegaray
Century 21 Affiliated
List Price
$465,000
Sold Price
$465,150
Premium/Discount to List
$150
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%

Purchase Details

Listed on
Jun 3, 2017
Closed on
Jun 12, 2017
Sold by
Shen Richard
Bought by
Florescu Florin Virgil
Seller's Agent
Aaron Duckett
Duck Group Real Estate
Buyer's Agent
Bill Etchegaray
Century 21 Affiliated
List Price
$465,000
Sold Price
$465,150
Premium/Discount to List
$150
0.03%

Purchase Details

Closed on
Apr 7, 2009
Sold by
Taylor Timothy
Bought by
Shen Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2006
Sold by
350 Ocean Tower I Llc
Bought by
Taylor Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,303
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Grant Deed $589,000 Ticor Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $550,000 First American Title Company
Interfamily Deed Transfer -- First American Title Company
Grant Deed $465,500 First American Title Company
Grant Deed $300,000 Fidelity National Title Co
Grant Deed $500,500 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $471,200 New Conventional
Previous Owner $150,000 New Conventional
Previous Owner $207,000 New Conventional
Previous Owner $225,000 Purchase Money Mortgage
Previous Owner $78,050 Stand Alone Second
Previous Owner $416,303 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $589,000 0.0% $526 / Sq Ft
02/28/2021 02/28/21 Pending -- -- --
02/15/2021 02/15/21 For Sale $589,000 +7.1% $526 / Sq Ft
07/31/2019 07/31/19 Sold $550,000 0.0% $491 / Sq Ft
06/20/2019 06/20/19 Price Changed $549,900 -3.4% $491 / Sq Ft
05/13/2019 05/13/19 For Sale $569,000 0.0% $508 / Sq Ft
01/02/2018 01/02/18 Rented $2,550 +2.0% --
12/06/2017 12/06/17 Under Contract -- -- --
11/10/2017 11/10/17 Price Changed $2,500 -3.8% $2 / Sq Ft
10/30/2017 10/30/17 For Rent $2,600 0.0% --
07/11/2017 07/11/17 Sold $465,150 0.0% $415 / Sq Ft
06/08/2017 06/08/17 Pending -- -- --
06/03/2017 06/03/17 For Sale $465,000 0.0% $415 / Sq Ft
07/09/2016 07/09/16 Rented $2,500 0.0% --
06/16/2016 06/16/16 Under Contract -- -- --
05/29/2016 05/29/16 For Rent $2,500 +4.2% --
12/08/2015 12/08/15 Rented $2,400 0.0% --
12/08/2015 12/08/15 Under Contract -- -- --
11/27/2015 11/27/15 For Rent $2,400 -- --
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 $8,118 $625,050 $212,241 $412,809
2023 $7,979 $612,795 $208,080 $404,715
2022 $7,485 $600,780 $204,000 $396,780
2021 $6,928 $555,697 $222,279 $333,418
2020 $6,909 $550,000 $220,000 $330,000
2019 $6,047 $474,810 $189,210 $285,600
2018 $5,917 $465,500 $185,500 $280,000
2016 $4,046 $326,342 $97,901 $228,441
2015 $3,885 $321,441 $96,431 $225,010
2014 $3,857 $315,146 $94,543 $220,603
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19110707

California Regional Multiple Listing Service (CRMLS)

APN: 7278-017-072