NOT LISTED FOR SALE

388 E Ocean Blvd Unit 306 Long Beach, CA 90802

Downtown Neighborhood

Estimated Value: $459,000 - $503,000

1 Bed
1 Bath
680 Sq Ft
$553/mo HOA Fee

Last Sold March 27, 2018

Last sale price $332,500 $489 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,650/month

21 Days on Market

Highlights

  • Concierge
  • 5-minute walk to 1St Street Station
  • Across the Road from Lake or Ocean
  • Fitness Center
  • Private Pool
  • City Lights View

About This Home

As of March 2018

Near the coastal waters of Long Beach, this home features views of hotels along Ocean Blvd, private swimming pool and surrounding palm trees. Convenient location from the 3rd floor to the sauna, conference room, work out gym, gated swimming pool, underground gated parking and lobby area. Open floor plan with abundant granite counter top space. Large kitchen island accommodating additional seating area. Laundry closet with washer & dryer located inside the home. Aqua Tower complex offers a variety of amenities for residents that include; 24/7 concierge service and lobby luggage cart service. Close to Pike Outlets shopping & entertainment center, Long Beach Museum of Art, Shoreline Village and near Starbucks Coffee!
Enjoy Aqua Tower amenities and views in the evening and daytime!

Last Agent to Sell the Property

Diana Nassar

Berkshire Hathaway HomeServic License #01936117 Listed on: 02/15/2018

Berkshire Hathaway HomeServic

Last Buyer's Agent

Katharine Khai

RE/MAX Galaxy License #01035787

RE/MAX Galaxy

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,821

Year Built

  • Built in 2004

Lot Details

  • Two or More Common Walls
  • Density is over 40 Units/Acre

HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Private Parking
  • Parking Lot
  • Assigned Parking
  • Controlled Entrance

Property Views

  • City Lights
  • Woods
  • Park or Greenbelt
  • Neighborhood

Interior Spaces

  • 680 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Blinds

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Living Room Balcony
  • Exterior Lighting

Location

  • Across the Road from Lake or Ocean
  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5536
  • Tax Tract Number 53405
  • Assessor Parcel Number 7278017073

Community Details

Overview

  • 278 Units
  • Aqua 388 Association, Phone Number (562) 495-1425

Amenities

  • Concierge
  • Meeting Room
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Service
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,821

Year Built

Built in 2004

Lot Details

0

HOA Fees

$553 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Inclusions: Refrigerator, Washer & Dryer
  • Other Phone Description: Direct Contact
  • Other Phone Number: 714-318-9630
  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Zoning: LBPD6
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7278017073
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 680.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Granite Counters, Living Room Balcony, Open Floorplan
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Stone, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 488.97
  • Room Type: All Bedrooms Down, Laundry
  • Window Features: Blinds
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • View: City Lights, Neighborhood, Park/Greenbelt, Trees/Woods
  • Pool Features: Community, Private
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Controlled Entrance, Covered, Parking Space, Private
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Cooktop
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Gym/Ex Room, Meeting Room, Storage, Cable TV, Concierge, Trash, Water, Dues Paid Monthly, Security, Controlled Access
  • Association Fee: 393.49
  • Association #2 Fee: 160.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Aqua 388
  • Phone: 562-495-1425
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Over 40 Units/Acre
  • Lot Size Sq Ft: 120481.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 278
  • Number Of Units Total: 1
  • Waterfront Features: Across the Road from Lake/Ocean

Tax Info

  • Tax Census Tract: 5760.01
  • Tax Lot: 5536
  • Tax Tract Number: 53405

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2018
Closed on
Mar 12, 2018
Sold by
Ibrahim Rick
Bought by
Lin Krystal J
Seller's Agent
Diana Nassar
Berkshire Hathaway HomeServic
Buyer's Agent
Katharine Khai
RE/MAX Galaxy
List Price
$340,000
Sold Price
$332,500
Premium/Discount to List
-$7,500
-2.21%
Current Estimated Value
$487,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,422
Avg. Annual Appreciation
5.82%

Purchase Details

Closed on
Jul 26, 2011
Sold by
Rancho Horizon Llc
Bought by
Ibrahim Rick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,750
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2011
Sold by
Ejercito Jonathan
Bought by
Rancho Horizon Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
4.55%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 13, 2006
Sold by
350 Ocean Tower I Llc
Bought by
Ejercito Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,066
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Lin Krystal J $332,500 Corinthian Title Company
Ibrahim Rick $189,000 Chicago Title Inland Empire
Rancho Horizon Llc $163,296 Chicago Title Inland Empire
Ejercito Jonathan $331,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ibrahim Rick $141,750
Previous Owner Rancho Horizon Llc $5,000,000
Previous Owner Ejercito Jonathan $265,066
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2018 03/27/18 Sold $332,500 -2.2% $489 / Sq Ft
02/15/2018 02/15/18 For Sale $340,000 -- $500 / 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 $4,821 $370,906 $147,805 $223,101
2023 $4,734 $363,634 $144,907 $218,727
2022 $4,441 $356,505 $142,066 $214,439
2021 $4,342 $349,516 $139,281 $210,235
2019 $4,276 $339,150 $135,150 $204,000
2018 $2,772 $208,633 $78,044 $130,589
2016 $2,555 $200,533 $75,014 $125,519
2015 $2,455 $197,522 $73,888 $123,634
2014 $2,361 $193,654 $72,441 $121,213
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Diana Nassar

    Berkshire Hathaway HomeServic

    Section Image
  • Katharine Khai

    Buyer's Agent in 2018

    Katharine Khai

    RE/MAX

    (626) 217-6228

    7 Total Sales

    Katharine Khai
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18037001

California Regional Multiple Listing Service (CRMLS)

APN: 7278-017-073

California Los Angeles County Long Beach 90802 Downtown

388 E Ocean Blvd Unit 306, Long Beach, CA

This home is located at 388 E Ocean Blvd Unit 306, Long Beach, CA 90802 since 15 February 2018 and is currently estimated at $487,922, approximately $717 per square foot. This property was built in 2004. 388 E Ocean Blvd Unit 306 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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