NOT LISTED FOR SALE

Aqua Condominiums 488 E Ocean Blvd Unit 1614 Long Beach, CA 90802

Downtown Neighborhood

Estimated Value: $636,261 - $734,000

2 Beds
2 Baths
1,040 Sq Ft
2.77 Acres Lot

Sale Details

Date Sold: April 2, 2012

Last sale price $380,000 $365 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,067 / mo

Highlights

  • Ocean View
  • 5-minute walk to 1St Street Station
  • Clubhouse
  • Fitness Center
  • 2.77 Acre Lot
  • 5-minute walk to Promenade Square Park

About This Home

As of June 2024

AVAILABLE NOW! Spectacular 16th floor CORNER UNIT at The Aqua Towers with a wrap-around balcony offering some of the best panoramic ocean and city views Long Beach has to offer! Situated in the heart of the vibrant downtown district, this charming 1040 sqft condo offers a perfect blend of modern convenience and luxurious resort style living. The highly upgraded unit features bamboo wood flooring throughout, an open concept kitchen to include a custom granite-top island, a large pantry, dishwasher, built-in microwave and electric range, 2 spacious bedrooms, 2 nicely remodeled bathrooms, a private laundry closet, central Air Conditioning & heat, and designated parking. Also included are paid high speed internet, water & trash. Community amenities include 24/7 Concierge service, a fitness center, a club room, swimming pool, spa, and sauna. With a 95 Walk Score, you're within walking distance to the beach, biking trails, metro lines, restaurants, shops, and entertainment venues including the Performing Arts Center, the Pike, downtown, and East Village. Book your private tour today!

Last Agent to Rent the Property

Sam Musallam

Elite Realtors Brokerage Phone: 310-375-3333 License #01424839 Listed on: 05/06/2024

Elite Realtors

Last Renter's Agent

Sam Musallam

Elite Realtors Brokerage Phone: 310-375-3333 License #01424839 Listed on: 05/06/2024

Elite Realtors

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2004

Lot Details

  • 2.77

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Mountain

Home Design

  • 1,040 Sq Ft Home
  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Additional Features

  • Exterior Lighting
  • 1 Common Wall
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,500
  • Rent includes association dues, sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 4/25/24
  • Tax Lot 2
  • Tax Tract Number 53405
  • Assessor Parcel Number 7278030081

Community Details

Overview

  • Property has a Home Owners Association
  • Front Yard Maintenance
  • 274 Units
  • 18-Story Property

Amenities

  • Community Barbecue Grill
  • Sauna

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Deposit $500
  • Breed Restrictions

Security

  • Security Guard

Condo Details

Home Type

Condominium

Year Built

Built in 2004

Lot Details

2.77 Acres

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2024-04-25
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 50
  • Deposit Pets: 500
  • Deposit Security: 3500
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: Yes
  • Subdivision Name Other: Aqua
  • View: Yes
  • Zoning: LBPD6
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 7278030081
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1040.00 Square Feet
  • Stories: 18
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3.41

Exterior Features

  • View: Catalina, City Lights, Coastline, Mountain(s), Ocean, Panoramic, Water
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Barbecue, Gym/Ex Room, Clubhouse, Guard, Maintenance Front Yard
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 120506.00
  • Lot Size Acres: 2.7664
  • Latitude Manual: 33.76622200

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months, Negotiable
  • Lot Size Area: 120506.0000 Square Feet
  • Number Of Units In Community: 274
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Sewer, Trash Collection, Water

Tax Info

  • Tax Census Tract: 5760.01
  • Tax Lot: 2
  • Tax Tract Number: 53405

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2012
Closed on
Feb 13, 2012
Sold by
401 Pine Street #2 Llc
Bought by
Musallam Eamon
Seller's Agent
Scott Hamilton
Engel & Völkers Long Beach
Buyer's Agent
Samer Musallam
No Firm Affiliation
List Price
$399,000
Sold Price
$380,000
Premium/Discount to List
-$19,000
-4.76%
Current Estimated Value
$670,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,315
Avg. Annual Appreciation
4.11%
Original Mortgage
$365,493
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 26, 2012
Sold by
Shanahan Timothy D and Shanahan Susan J
Bought by
401 Pine Street #2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,493
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 27, 2006
Sold by
350 Ocean Tower Ii Llc
Bought by
Shanahan Timothy D and Shanahan Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$613,835
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Musallam Eamon $380,000 Ticor Title Co
401 Pine Street #2 Llc -- None Available
Shanahan Timothy D $767,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Musallam Eamon $365,493
Previous Owner Shanahan Timothy D $613,835
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2024 06/03/24 Rented $3,550 +2.9% --
05/20/2024 05/20/24 Under Contract -- -- --
05/16/2024 05/16/24 Price Changed $3,450 -4.2% $3 / Sq Ft
05/06/2024 05/06/24 For Rent $3,600 0.0% --
04/02/2012 04/02/12 Sold $380,000 -4.8% $328 / Sq Ft View Prior Sale
02/08/2012 02/08/12 Pending -- -- --
01/24/2012 01/24/12 For Sale $399,000 -- $345 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,159 $477,287 $224,826 $252,461
2024 $6,159 $467,929 $220,418 $247,511
2023 $6,052 $458,755 $216,097 $242,658
2022 $5,679 $449,760 $211,860 $237,900
2021 $5,555 $440,942 $207,706 $233,236
2019 $5,473 $427,866 $201,547 $226,319
2018 $5,355 $419,478 $197,596 $221,882
2016 $4,930 $403,191 $189,924 $213,267
2015 $4,731 $397,136 $187,072 $210,064
2014 $4,696 $389,358 $183,408 $205,950
Source: Public Records

Agents Affiliated with this Home

  • Sam Musallam

    Landlord's Agent in 2024

    Sam Musallam

    Elite Realtors

    (310) 375-3333

    17 Total Sales

    Sam Musallam
    Section Image
  • Scott Hamilton

    Seller's Agent in 2012

    Scott Hamilton

    Engel & Völkers Long Beach

    (562) 481-3800

    2 in this area

    11 Total Sales

    Scott Hamilton
    Section Image

  • S

    Buyer's Agent in 2012

    Samer Musallam

    No Firm Affiliation

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About Aqua Condominiums

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24090833

California Regional Multiple Listing Service (CRMLS)

APN: 7278-030-081

California Los Angeles County Long Beach 90802 Downtown

488 E Ocean Blvd Unit 1614, Long Beach, CA

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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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