NOT LISTED FOR SALE

Park Ocean Condos 5585 E Pacific Coast Hwy Unit 227 Long Beach, CA 90804

Park Estates Neighborhood

Estimated Value: $288,720 - $309,000

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

Last Sold July 29, 2022

Last sale price $260,000 $622 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,217/month

65 Days on Market

Highlights

  • In Ground Spa
  • Updated Kitchen
  • Clubhouse
  • Minnie Gant Elementary School Rated A
  • 3.39 Acre Lot
  • Wood Flooring

About This Home

As of July 2022

BACK ON THE MARKET! This quaint and endlessly charming studio unit is located in the desirable Park Ocean complex. This property includes an inviting, newly renovated lobby, well-manicured courtyard, swimming pool, jacuzzi, fitness center, tennis courts, and communal barbeque areas. It is located on the second floor and has ample storage, hardwood floors, and a remodeled bathroom and kitchen. This unit also comes with one assigned parking spot and laundry facilities located on the same floor. The complex allows pets under 40 lbs. The property is conveniently situated close to the CSULB campus, VA Hospital, 2nd & PCH, the 2nd Street business corridor, Target, restaurants, public transit, and freeway access. Additionally, you're close to some of Long Beach's best parks and waterfront, including Bayshore Beach, the Peninsula, Colorado Lagoon, Marine Stadium, Shoreline biking/walking path and several dog parks.

Last Agent to Sell the Property

Derrick Muska

Coldwell Banker Realty License #01329668 Listed on: 05/06/2022

Coldwell Banker Realty

Last Buyer's Agent

Ana Aguirre

1 Vision Real Estate License #02001538

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,435

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • Two or More Common Walls
  • East Facing Home

HOA Fees

  • $359 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 418 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Walk-in Shower
  • Closet In Bathroom

Home Security

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Available
  • Parking Lot
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • In Ground Spa
  • Patio

Location

  • Urban Location

Schools

  • Grant Elementary School
  • Stanford Middle School
  • Wilson High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiant Heating System
  • Source of electricity is unknown
  • Natural Gas Not Available
  • Septic Type Unknown
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 37203
  • Assessor Parcel Number 7240025118
  • $187 per year additional tax assessments

Community Details

Overview

  • 215 Units
  • Park Ocean Condominium Association, Phone Number (949) 372-4015
  • Powerstone Property Managment HOA
  • Park Ocean Subdivision
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,435

Year Built

Built in 1970 | Remodeled

Lot Details

0

HOA Fees

$359 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Resident Manager, Smoke Detector(s)
  • Subdivision Name Other: Park Ocean (PO)
  • View: No
  • Zoning: LBR4R
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7240025118
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 418.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Elevator
  • Stories: 1
  • Entry Location: 2nd Floor
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Eating Area: Breakfast Counter / Bar
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 622.01
  • Room Type: All Bedrooms Down
  • Spa Features: Association, Community, In Ground
  • Bathroom Features: Shower, Closet In Bathroom, Remodeled, Walk-In Shower
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Fence: No
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned, Off Street, On Site, Parking Space
  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Not Available, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Microwave
  • Electric: Electricity - Unknown
  • Heating Type: Radiant
  • Laundry Features: Common Area, Community
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Tennis Court(s), Clubhouse, Maintenance Grounds, Pet Rules
  • Association Fee: 359.49
  • Association Fee Frequency: Monthly
  • Association Name: Park Ocean Condominium Association
  • Phone: 949-372-4015
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Urban
  • Association Management: Powerstone Property Managment

Schools

  • School District: Long Beach Unified
  • Elementary School: Grant
  • Middle School: Stanford
  • High School: Wilson
  • Elementary School: Grant
  • High School: Wilson
  • Middle Or Junior School: Stanford
  • Elementary School #2: GRANT
  • High School2: WILSON

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: 215
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5748.00
  • Tax Lot: 1
  • Tax Tract Number: 37203
  • TaxOtherAnnualAssessmentAmount: 186.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Sep 15, 2022
Sold by
Snyder Carmen
Bought by
Carmen Snyder Trust and Snyder
Seller's Agent
Derrick Muska
Coldwell Banker Realty
Buyer's Agent
Ana Aguirre
1 Vision Real Estate
List Price
$269,500
Sold Price
$260,000
Premium/Discount to List
-$9,500
-3.53%
Current Estimated Value
$297,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,680
Avg. Annual Appreciation
4.39%

Purchase Details

Listed on
May 6, 2022
Closed on
Jul 15, 2022
Sold by
Deanne Moinuddin
Bought by
Amati Pietro and Snyder Carmen
Seller's Agent
Derrick Muska
Coldwell Banker Realty
Buyer's Agent
Ana Aguirre
1 Vision Real Estate
List Price
$269,500
Sold Price
$260,000
Premium/Discount to List
-$9,500
-3.53%

Purchase Details

Closed on
Mar 11, 2020
Sold by
Moinuddin Asif and The Asif Moinuddin Living Trus
Bought by
Moinuddin Deanne

Purchase Details

Closed on
Nov 28, 2012
Sold by
Moinuddin Asif U
Bought by
Moinuddin Asif and The Asif Moinuddin Living Trust

Purchase Details

Closed on
Jul 13, 2009
Sold by
Orvick Karson P and Orvick Goldie N
Bought by
Moinuddin Asif U

Purchase Details

Closed on
Sep 25, 2002
Sold by
Young Sheila Brutoco and Young Sam
Bought by
Young Sheila Brutoco and Sam & Sheila Young 1998 Trust

Purchase Details

Closed on
Jul 19, 2002
Sold by
Young Sheila Brutoco and Sam & Sheila Young 1988 Trust
Bought by
Orvick Karson P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,200
Interest Rate
6.16%
Source: Public Records

Range of Values:

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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
Carmen Snyder Trust -- None Listed On Document
Snyder Carmen -- None Listed On Document
Amati Pietro $260,000 Fidelity National Title
Moinuddin Deanne -- None Available
Moinuddin Asif -- None Available
Moinuddin Asif U -- None Available
Moinuddin Asif U $121,000 California Counties Title
Young Sheila Brutoco -- --
Orvick Karson P $74,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orvick Karson P $59,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $260,000 -1.9% $622 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
07/07/2022 07/07/22 Price Changed $265,000 -7.0% $634 / Sq Ft
06/08/2022 06/08/22 Price Changed $285,000 +5.8% $682 / Sq Ft
05/06/2022 05/06/22 For Sale $269,500 -- $645 / 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 $3,435 $272,324 $105,860 $166,464
2024 $3,435 $266,985 $103,785 $163,200
2023 $3,461 $261,750 $101,750 $160,000
2022 $2,542 $197,245 $94,703 $102,542
2021 $2,490 $193,379 $92,847 $100,532
2020 $1,900 $142,804 $83,795 $59,009
2019 $1,878 $140,004 $82,152 $57,852
2018 $1,829 $137,260 $80,542 $56,718
2016 $1,687 $131,931 $77,415 $54,516
2015 $1,621 $129,951 $76,253 $53,698
2014 $1,440 $112,000 $65,800 $46,200
Source: Public Records

Agents Affiliated with this Home

  • Derrick Muska

    Seller's Agent in 2022

    Derrick Muska

    Coldwell Banker Realty

    (562) 714-7676

    1 in this area

    18 Total Sales

    Derrick Muska
    Section Image

  • A

    Buyer's Agent in 2022

    Ana Aguirre

    1 Vision Real Estate

    (714) 463-5240

    1 in this area

    47 Total Sales

    Ana Aguirre
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About Park Ocean Condos

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22092982

California Regional Multiple Listing Service (CRMLS)

APN: 7240-025-118

California Los Angeles County Long Beach 90804 Park Estates

5585 E Pacific Coast Hwy Unit 227, Long Beach, CA

This home is located at 5585 E Pacific Coast Hwy Unit 227, Long Beach, CA 90804 since 06 May 2022 and is currently estimated at $297,680, approximately $712 per square foot. This property was built in 1970. 5585 E Pacific Coast Hwy Unit 227 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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