$740,000
SOLD APR 10, 2025

388 E Ocean Blvd Unit 408 Long Beach, CA 90802

Downtown Neighborhood
2 Beds
2 Baths
990 Sq Ft
$738/mo HOA Fee

Recently Sold

$747 Per Sq Ft

2% Above List Price

9 Days on Market

Highlights

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

About This Home

As of April 2025

Experience the epitome of luxury living in this beautiful two-bedroom, two-bathroom condominium nestled within the esteemed Aqua Tower in Downtown Long Beach. Conveniently located near fountains and beaches, this luxury high-rise condo offers breathtaking ocean and marina views from your private balcony, seamlessly extending from the living room.The primary suite boasts a walk-in closet with serene city views. The living room opens to a tranquil balcony, while the second bedroom, currently styled as a charming dining room, also features its own balcony. The open kitchen is equipped with granite countertops, a spacious island, and all essential appliances, including an in-unit laundry room with a full-size washer and dryer.This residence includes a garage and an additional dedicated parking space. The monthly HOA fees cover a comprehensive range of amenities, including water, 24/7 security concierge , access to fitness center and sauna, a barbecue area, a club room equipped with a business center, and high-speed internet through Frontier.Enjoy the convenience of being just a short distance shopping centers, restaurants, Arts Center, Aquarium and the iconic Queen Mary. This home offers the perfect blend of luxury and comfort in a prime Downtown Long Beach location.

Last Agent to Sell the Property

Weili Cindy Wang

Pinnacle Real Estate Group License #02216894 Listed on: 03/07/2025

Pinnacle Real Estate Group

Last Buyer's Agent

Brian Brown

Brown House Realty License #01781643

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,251

Year Built

  • Built in 2004

HOA Fees

Property Views

  • Ocean
  • Harbor
  • City Lights

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor

Interior Spaces

  • 990 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Dining Area

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 2 Covered Spaces
  • Automatic Gate
  • Assigned Parking

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 7278-017-092

Community Details

Overview

  • 274 Units

Amenities

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

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,251

Year Built

Built in 2004

Lot Details

0

HOA Fees

$738 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Experience the luxury living in this beautiful 2 bedroom 2 bathroom condominium -Aqua Tower in Downtown Long Beach.Located near fountains and beaches, this high-rise condo offers breathtaking ocean and marina views from your private balcony.The primary suite boasts a walk-in closet with city views. The living room opens to a balcony, while the second bedroom, currently styled as a dining room, also features its own balcony. The open kitchen is equipped with granite countertops, a spacious island, an in-unit laundry room with a full-size washer and dryer.2 parking space, amenities include, internet service, gym, pool, sauna, business centers, club house, and 24/7 concierge service.Short distance to shopping centers, restaurants, Arts Center, Aquarium.Perfect blend of luxury and comfort in a Downtown Long Beach. Contact Cindy Wang for showing ,424-466-5838, cindywangestaes@gmail.com.
  • Complex Name: Aqua 388
  • Entry Floor: 4
  • Living Area: 990
  • Lot Acreage: 2.7664
  • Planned Urban Dev: 0
  • Stories: 1
  • Unit Floor In Building: 4
  • Year Built: 2004
  • Builders Tract Name: Lakewood Village
  • Number Of Photos: 33
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Microwave, Washer, Refrigerator, Garbage Disposal
  • Price Per S Q F T: 732.32

Exterior Features

  • Pool Description: Community
  • Pool: Yes
  • View: City Lights, Harbor, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Automatic Gate, Card/Code Access, Fire and Smoke Detection System, Smoke Detector, Carbon Monoxide Detector(s), Guarded, Resident Manager

Association/Amenities

  • Amenities: Gated Community, Elevator, Clubhouse, Security, Pool, Assoc Barbecue, Controlled Access, Outdoor Cooking Area, Meeting Room, Exercise Room, Sauna
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Monthly
  • HOA Fees: 509.00
  • HOA Fees: 229.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 7278-017-092
  • Lot Size Area: 120506

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units: 274

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2013
Closed on
Feb 19, 2013
Sold by
Solehjou Amin
Bought by
Li Peter Yuanyu and Chi Zhi Hui
Seller's Agent
Susan Zaker
HomeSmart, Evergreen Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$719,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,694
Avg. Annual Appreciation
4.81%
Original Mortgage
$217,000
Interest Rate
2.54%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 10, 2009
Sold by
Fard Maryam
Bought by
Solehjou Amin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2009
Sold by
Us Bank National Association
Bought by
Solehjou Amin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2008
Sold by
Patch Jeffery A
Bought by
Us Bank Na

Purchase Details

Closed on
Apr 4, 2007
Sold by
Aqua Realty Llc
Bought by
Patch Jeffery A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2006
Sold by
350 Ocean Tower I Llc
Bought by
Atilano Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,695
Interest Rate
6.56%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Grant Deed $400,000 North American Title Company
Interfamily Deed Transfer -- First American Title Ins Co
Grant Deed $350,000 First American Title Ins Co
Trustee Deed $468,000 None Available
Grant Deed $620,000 Financial Title Company
Grant Deed $528,500 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $217,000 Adjustable Rate Mortgage/ARM
Previous Owner $262,500 Purchase Money Mortgage
Previous Owner $496,000 Purchase Money Mortgage
Previous Owner $105,695 Stand Alone Second
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/10/2025 04/10/25 Sold $740,000 +2.1% $747 / Sq Ft
03/07/2025 03/07/25 For Sale $725,000 0.0% $732 / Sq Ft
02/27/2025 02/27/25 Pending -- -- --
02/26/2025 02/26/25 Pending -- -- --
02/18/2025 02/18/25 For Sale $725,000 +81.3% $732 / Sq Ft
04/16/2013 04/16/13 Sold $400,000 0.0% $404 / Sq Ft View Prior Sale
01/30/2013 01/30/13 For Sale $400,000 -- $404 / Sq Ft
Source: The MLS

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 $6,251 $492,559 $147,765 $344,794
2024 $6,251 $482,902 $144,868 $338,034
2023 $6,141 $473,434 $142,028 $331,406
2022 $5,761 $464,152 $139,244 $324,908
2021 $5,632 $455,052 $136,514 $318,538
2019 $5,547 $441,557 $132,466 $309,091
2018 $5,426 $432,900 $129,869 $303,031
2016 $4,992 $416,092 $124,827 $291,265
2015 $4,790 $409,842 $122,952 $286,890
2014 $4,753 $401,815 $120,544 $281,271
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25501355

The MLS

APN: 7278-017-092