NOT LISTED FOR SALE

Park Ocean Condos 5585 E Pacific Coast Hwy Unit 226 Long Beach, CA 90804

Park Estates Neighborhood

Estimated Value: $291,000 - $317,000

1 Bed
1 Bath
418 Sq Ft
$359/mo HOA Fee

Last Sold August 15, 2023

Last sale price $290,000 $694 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,337/month

4 Days on Market

Highlights

  • Fitness Center
  • Spa
  • Updated Kitchen
  • Minnie Gant Elementary School Rated A
  • Gated Community
  • 3.39 Acre Lot

About This Home

As of August 2023

Amazing opportunity for a beautifully updated studio in Park Ocean! Park Ocean is a gated community and is centrally located next to CSULB, the VA, and Belmont Shore. The complex features a swimming pool and spa, gym, tennis courts and a BBQ area. There is an onsite property manager, as well as laundry facilities in the building. Assigned parking. The HOA includes water, trash and sewer, and there is additional storage available through the HOA. This studio is move-in ready! Welcome home to your perfect blend of convenience, comfort and relaxation!.. Property will be available for move in September 1st..

Last Agent to Sell the Property

Erika Johnson

GG REAL ESTATE SERVICES License #01122225 Listed on: 07/21/2023

Last Buyer's Agent

Arsen Kobramasihi

Equity Union License #01257621

Equity Union

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,807

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • 3.39

HOA Fees

  • $359 Monthly HOA Fees

Home Design

  • Turnkey

Interior Spaces

  • 418 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Living Room
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Makeup or Vanity Space
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Available
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Spa
  • Patio
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Water Heater

Additional Features

  • Accessible Parking
  • Two or More Common Walls

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 37203
  • Assessor Parcel Number 7240025117
  • $197 per year additional tax assessments

Community Details

Overview

  • 219 Units
  • Park Ocean Association, Phone Number (818) 739-1105
  • King George Property Management HOA
  • North Long Beach Subdivision

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,807

Year Built

Built in 1970 | Remodeled

Lot Details

0

HOA Fees

$359 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Zoning: LBR4R
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7240025117
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 418.00 Square Feet
  • Interior Amenities: Granite Counters, Open Floorplan
  • Stories: 1
  • Entry Location: front door
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Eating Area: Breakfast Counter / Bar
  • Entry Level: 2
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 693.78
  • Room Type: Kitchen, Living Room
  • Spa Features: Association
  • Bathroom Features: Bathtub, Shower, Exhaust Fan(s), Remodeled, Vanity Area
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Parking Space
  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Microwave, Water Heater
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Phone Extension: 111
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Tennis Court(s), Gym/Ex Room, Electricity, Gas, Trash, Water
  • Association Fee: 359.39
  • Association Fee Frequency: Monthly
  • Association Name: Park Ocean
  • Phone: 818-739-1105
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: King George Property Management

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 147472.00
  • Lot Size Acres: 3.3855

Multi Family

  • Lease Considered: No
  • Lot Size Area: 147472.0000 Square Feet
  • Number Of Units In Community: 219
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5748.00
  • Tax Lot: 1
  • Tax Tract Number: 37203
  • TaxOtherAnnualAssessmentAmount: 197.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Aug 10, 2023
Sold by
Thurston Omyia N and Mckelton James E
Bought by
Do Alicia Anhthu
Seller's Agent
Erika Johnson
GG REAL ESTATE SERVICES
Buyer's Agent
Arsen Kobramasihi
Equity Union
List Price
$290,000
Sold Price
$290,000
Views
43
Current Estimated Value
$300,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,734
Avg. Annual Appreciation
2.30%

Purchase Details

Closed on
Feb 26, 2021
Sold by
Reams Mathew R
Bought by
Thurston Omyia N and Mckelton James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2019
Sold by
Rodriguez James J and Patin Connie Marie
Bought by
Reams Matthew R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
3.6%

Purchase Details

Listed on
Jun 20, 2018
Closed on
Aug 3, 2018
Sold by
Nevarez Frances Alicia
Bought by
Rodriguez Ii James J and Patin Connie Marie
Seller's Agent
Charles Hensley
RE/MAX College Park Realty
Buyer's Agent
Charles Hensley
RE/MAX College Park Realty
List Price
$230,000
Sold Price
$206,000
Premium/Discount to List
-$24,000
-10.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%

Purchase Details

Listed on
Jul 15, 2015
Closed on
Aug 28, 2015
Sold by
Young Sheila Brutoco
Bought by
Nevarez Frances Gaillard and The Nevarez Family Revocable Living Trus
Seller's Agent
Marty Eisenberg
Coldwell Banker Realty
Buyer's Agent
Charles Hensley
RE/MAX College Park Realty
List Price
$145,000
Sold Price
$140,000
Premium/Discount to List
-$5,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.35%
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 Buyer Sale Price Title Company
Do Alicia Anhthu $290,000 Wfg National Title
Do Alicia Anhthu -- Wfg National Title
Thurston Omyia N $240,000 Consumers Title Company
Reams Matthew R $230,000 First American Title
Rodriguez Ii James J $206,000 First American Title Company
Nevarez Frances Gaillard $140,000 Lawyers Title
Young Sheila Brutoco -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thurston Omyia N $228,000
Previous Owner Reams Matthew R $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Sold $290,000 0.0% $694 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $290,000 +20.8% $694 / Sq Ft
05/11/2021 05/11/21 Sold $240,000 +0.2% $574 / Sq Ft
02/14/2021 02/14/21 Pending -- -- --
02/14/2021 02/14/21 For Sale $239,500 +16.3% $573 / Sq Ft
08/09/2018 08/09/18 Sold $206,000 -10.4% $493 / Sq Ft
08/03/2018 08/03/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $230,000 +64.3% $550 / Sq Ft
09/23/2015 09/23/15 Sold $140,000 0.0% $335 / Sq Ft
08/20/2015 08/20/15 Pending -- -- --
08/09/2015 08/09/15 Price Changed $140,000 -3.4% $335 / Sq Ft
07/15/2015 07/15/15 For Sale $145,000 -- $347 / 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
2025 $3,807 $295,800 $112,200 $183,600
2024 $3,807 $290,000 $110,000 $180,000
2023 $3,311 $249,696 $104,040 $145,656
2022 $3,107 $244,800 $102,000 $142,800
2021 $2,954 $232,382 $95,984 $136,398
2020 $2,947 $230,000 $95,000 $135,000
2019 $2,676 $206,000 $90,000 $116,000
2018 $1,930 $145,656 $93,636 $52,020
2016 $1,780 $140,000 $90,000 $50,000
2015 $947 $70,050 $18,431 $51,619
2014 $947 $68,678 $18,070 $50,608
Source: Public Records

Agents Affiliated with this Home

  • Erika Johnson

    Seller's Agent in 2023

    Erika Johnson

    GG REAL ESTATE SERVICES

    (951) 314-7802

    1 in this area

    25 Total Sales

    Section Image

  • A

    Buyer's Agent in 2023

    Arsen Kobramasihi

    Equity Union

    (818) 434-6429

    2 in this area

    28 Total Sales

    Section Image

  • M

    Seller's Agent in 2021

    Morena Cohan

    Vista Sotheby’s International Realty

    (310) 418-4220

    1 in this area

    51 Total Sales

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  • Charles Hensley

    Seller's Agent in 2018

    Charles Hensley

    RE/MAX

    (310) 614-6001

    6 Total Sales

    Section Image
  • Marty Eisenberg

    Seller's Agent in 2015

    Marty Eisenberg

    Coldwell Banker Realty

    (562) 805-7777

    2 in this area

    22 Total Sales

    Section Image
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About Park Ocean Condos

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV23131114

California Regional Multiple Listing Service (CRMLS)

APN: 7240-025-117

California Los Angeles County Long Beach 90804 Park Estates

5585 E Pacific Coast Hwy Unit 226, Long Beach, CA

This home is located at 5585 E Pacific Coast Hwy Unit 226, Long Beach, CA 90804 since 21 July 2023 and is currently estimated at $304,377, approximately $728 per square foot. This property was built in 1970. 5585 E Pacific Coast Hwy Unit 226 is a home located in Los Angeles County with nearby schools including Minnie Gant Elementary School, Stanford Middle School, and Woodrow Wilson 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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