RENTED NOV 7, 2025

Park Ocean Condos 5585 E Pacific Coast Hwy Unit 150 Floor 1 Long Beach, CA 90804

Park Estates Neighborhood

Estimated Value: $275,000 - $284,000

1 Bed
1 Bath
418 Sq Ft
147,494 Sq Ft Lot

Last Sold August 08, 2024

Last sale price $265,000 $634 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,679/month

Highlights

  • 24-Hour Security
  • Spa
  • Central Heating
  • Minnie Gant Elementary School Rated A
  • Laundry Room
  • Dogs and Cats Allowed

About This Home

As of November 2025

This charming one-level studio offers a perfect blend of comfort and convenience. Ideal for a single professional of college student. The open concept layout is filled with natural light, highlighting the spacious living area and sleek finishes throughout. The recently renovated bathroom features contemporary fixtures, updated tile, and a clean, modern design. Enjoy the ease of low-maintenance living with everything you need in one efficient space. located in a well-maintained community close to the shops, restaurants and public transportation, this studio provides both style and accessibility for today's busy lifestyle.

Last Agent to Rent the Property

Eric Wilson

COMPASS Brokerage Phone: 5169671758 License #02066388 Listed on: 10/15/2025

COMPASS

Last Renter's Agent

Racquel Davidson

Compass License #02005822

Compass

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1970

Lot Details

  • 3.39

Parking

  • 1 Open Parking Space
  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 1 Full Bathroom
  • 418 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Disposal

Additional Features

  • Spa
  • Two or More Common Walls
  • Urban Location
  • Central Heating

Listing and Financial Details

  • Security Deposit $2,000
  • 12-Month Minimum Lease Term
  • Available 10/1/25
  • Tax Lot 1
  • Tax Tract Number 37203
  • Assessor Parcel Number 7240025071

Community Details

Overview

  • Property has a Home Owners Association
  • 219 Units

Recreation

  • Community Spa

Pet Policy

  • Pet Deposit $250
  • Dogs and Cats Allowed
  • Breed Restrictions

Additional Features

  • Laundry Facilities
  • 24-Hour Security

Condo Details

Home Type

Condominium

Year Built

Built in 1970

Lot Details

3.39 Acres

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2025-10-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 250
  • Deposit Security: 2000
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Cats OK, Dogs OK
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Security: 24 Hour Security
  • View: No
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 7240025071
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 418.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 4.78
  • Spa Features: Community

Exterior Features

  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Disposal, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Number Of Units In Community: 219
  • Number Of Units Total: 219

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 37203

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
Aug 1, 2024
Sold by
Kathleen M Morton Trust and Morton Kathleen M
Seller's Agent
Alex Juarez
WERE REAL ESTATE
Buyer's Agent
Eric Wilson
COMPASS
List Price
$260,000
Sold Price
$265,000
Premium/Discount to List
$5,000
1.92%
Views
61
Current Estimated Value
$272,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,013
Avg. Annual Appreciation
3.54%
Original Mortgage
$255,000
Outstanding Balance
$251,411
Interest Rate
6.86%
Mortgage Type
VA
Estimated Equity
$28,756

Purchase Details

Listed on
May 20, 2024
Closed on
Jun 12, 2024
Sold by
Kathleen M Morton Trust and Morton Kathleen M
Seller's Agent
Alex Juarez
WERE REAL ESTATE
Buyer's Agent
Eric Wilson
COMPASS
List Price
$260,000
Sold Price
$265,000
Premium/Discount to List
$5,000
1.92%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Outstanding Balance
$251,411
Interest Rate
6.86%
Mortgage Type
VA
Estimated Equity
$28,756

Purchase Details

Closed on
Aug 24, 2017
Sold by
Rodriguez Jesus
Bought by
Rodriguez Jose Manuel and Rodriguez Rosalvn H

Purchase Details

Closed on
Sep 27, 2004
Sold by
Simionescu Nicoleta
Bought by
Rodriguez Jesus and Rodriguez Maria

Purchase Details

Closed on
Sep 29, 1999
Sold by
Robinson Kenneth L
Bought by
Simionescu Nicoleta

Purchase Details

Closed on
Sep 27, 1999
Sold by
Hud
Bought by
Simionescu Nicoleta

Purchase Details

Closed on
May 17, 1999
Sold by
Midland Mtg Co
Bought by
Hud

Purchase Details

Closed on
Feb 9, 1999
Sold by
Hernandez Leonel A
Bought by
Midland Mtg Company
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
-- $265,000 Pacific Coast Title
-- $265,000 Pacific Coast Title
Rodriguez Jose Manuel -- Pacific Coast Title
Rodriguez Jesus $130,000 Gateway Title Co
Simionescu Nicoleta -- Provident Title
Simionescu Nicoleta $40,000 Provident Title
Hud -- United Title Company
Midland Mtg Company $57,104 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $255,000
Previous Owner -- $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2025 11/07/25 Rented $2,000 0.0% --
10/15/2025 10/15/25 For Rent $2,000 0.0% --
08/08/2024 08/08/24 Sold $265,000 +1.9% $634 / Sq Ft View Prior Sale
06/13/2024 06/13/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $260,000 +15.6% $622 / Sq Ft
03/22/2021 03/22/21 Sold $225,000 +2.3% $538 / Sq Ft View Prior Sale
02/23/2021 02/23/21 Pending -- -- --
01/19/2021 01/19/21 Price Changed $219,900 -0.9% $526 / Sq Ft
12/13/2020 12/13/20 Price Changed $221,900 0.0% $531 / Sq Ft
11/28/2020 11/28/20 Price Changed $221,998 +0.9% $531 / Sq Ft
11/06/2020 11/06/20 For Sale $219,999 -- $526 / 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 $3,172 $265,000 $100,000 $165,000
2024 $3,172 $238,771 $95,508 $143,263
2023 $3,116 $234,090 $93,636 $140,454
2022 $2,926 $229,500 $91,800 $137,700
2021 $2,561 $199,318 $116,938 $82,380
2020 $2,554 $197,275 $115,739 $81,536
2019 $2,524 $193,408 $113,470 $79,938
2018 $2,094 $159,245 $122,499 $36,746
2016 $1,780 $140,000 $108,000 $32,000
2015 $1,734 $140,000 $108,000 $32,000
2014 $1,440 $112,000 $86,100 $25,900
Source: Public Records

Agents Affiliated with this Home

  • E

    Landlord's Agent in 2025

    Eric Wilson

    COMPASS

    Section Image
  • Racquel Davidson

    Tenant's Agent in 2025

    Racquel Davidson

    Compass

    (949) 278-7370

    60 Total Sales

    Racquel Davidson
    Section Image
  • Alex Juarez

    Seller's Agent in 2024

    Alex Juarez

    WERE REAL ESTATE

    (626) 274-2655

    2 in this area

    118 Total Sales

    Alex Juarez
    Section Image
  • Juan Morales

    Seller's Agent in 2021

    Juan Morales

    C-21 Masters

    (626) 664-2451

    1 in this area

    44 Total Sales

    Juan Morales
    Section Image
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About Park Ocean Condos

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN25236123

California Regional Multiple Listing Service (CRMLS)

APN: 7240-025-071

California Los Angeles County Long Beach 90804 Park Estates

5585 E Pacific Coast Hwy Unit 150, Long Beach, CA

Not Listed for Sale

Condos

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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.

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