Park Ocean Condos 5585 E Pacific Coast Hwy Unit 244 Long Beach, CA 90804
Park Estates Neighborhood
1
Bed
1
Bath
597
Sq Ft
$421/mo
HOA Fee
Highlights
- Spa
- Gated Community
- Main Floor Bedroom
- Minnie Gant Elementary School Rated A
- 3.39 Acre Lot
- Patio
About This Home
As of May 2025Opportunity Knocks!Welcome to 5585 E Pacific Coast Hwy #244 – a one-bedroom, one-bath condo offering an incredible opportunity for investors or first-time buyers. This unit has been a long-term rental and is ready for someone to come in and make it their own.Located in a secure, well-maintained community, recent improvements include brand-new carpeting in the hallways and a renovated clubhouse and community area—perfect for relaxing or entertaining guests. The unit includes one assigned parking spot and provides convenient access to major freeways including the 405 and 605, making commuting a breeze. Enjoy ample community amenities including a basketball and tennis court, pool, spa and barbecue area!Ideally situated close to Long Beach State, local shops and restaurants, and just minutes from the beach, this condo is a prime opportunity to own in a desirable area of Long Beach. Whether you're looking to renovate and flip, add to your rental portfolio, or create your own cozy space, this one has tons of potential.Don’t miss your chance to invest in this centrally located Long Beach gem!
Last Agent to Sell the Property
Keller Williams Coastal Prop. Brokerage Phone: 9497630930 License #02086609 Listed on: 04/09/2025
Co-Listed By
Keller Williams Coastal Prop. Brokerage Phone: 9497630930 License #02165896
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,248
Year Built
- Built in 1970
Lot Details
- Property fronts an alley
- Two or More Common Walls
- Fenced
- Fence is in average condition
- Density is 36-40 Units/Acre
HOA Fees
- $421 Monthly HOA Fees
Home Design
- Cosmetic Repairs Needed
- Fire Rated Drywall
- Common Roof
- Pre-Cast Concrete Construction
Interior Spaces
- 597 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Combination Dining and Living Room
- Stone Flooring
- Laundry Room
Kitchen
- Gas and Electric Range
- Laminate Countertops
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Parking
- 1 Open Parking Space
- 1 Parking Space
- Parking Available
- Automatic Gate
- Assigned Parking
Outdoor Features
- Spa
- Patio
- Exterior Lighting
Utilities
- Wall Furnace
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 122
- Tax Tract Number 37203
- Assessor Parcel Number 7240025141
Community Details
Overview
- 200 Units
- Park Ocean Association, Phone Number (562) 597-3328
- Partners Cm HOA
- College Park Estates Subdivision
Amenities
- Community Barbecue Grill
- Laundry Facilities
Recreation
- Community Pool
- Community Spa
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 9, 2025
Closed on
Apr 21, 2025
Sold by
Wiese Mark and Provost-Wiese Lisa
Bought by
Rodriguez Jose Jesus
Seller's Agent
Heidi Bailey
Keller Williams Coastal Prop.
Buyer's Agent
Anita Villegas
First Team Real Estate
List Price
$335,000
Sold Price
$340,000
Premium/Discount to List
$5,000
1.49%
Views
35
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.99%
Original Mortgage
$324,500
Outstanding Balance
$323,636
Interest Rate
6.62%
Mortgage Type
VA
Estimated Equity
$14,411
Purchase Details
Closed on
Sep 10, 2004
Sold by
Wiese Mark
Bought by
Wiese Mark
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Feb 10, 2004
Sold by
Garcia Beatriz C
Bought by
Wiese Mark
Purchase Details
Closed on
Nov 7, 2003
Sold by
Garcia Beatriz C and Woody Charles M
Bought by
Garcia Beatriz C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Feb 15, 2001
Sold by
Keohane Michael P
Bought by
Garcia Beatriz C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,973
Interest Rate
7.11%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 20, 1995
Sold by
Ellis Erlean M and Erlean M Ellis Trust
Bought by
Keohane Michael P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,002
Interest Rate
7.58%
Mortgage Type
Seller Take Back
Similar Homes in Long Beach, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $340,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $175,000 | Fatcola | |
| Interfamily Deed Transfer | -- | Fidelity National | |
| Grant Deed | $80,000 | North American Title Co | |
| Grant Deed | $18,000 | Gateway Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $324,500 | VA | |
| Previous Owner | $75,000 | New Conventional | |
| Previous Owner | $90,000 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $56,000 | Credit Line Revolving | |
| Previous Owner | $17,000 | Credit Line Revolving | |
| Previous Owner | $75,750 | Unknown | |
| Previous Owner | $77,973 | FHA | |
| Previous Owner | $55,250 | Unknown | |
| Previous Owner | $15,002 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/27/2025 05/27/25 | Sold | $340,000 | +1.5% | $570 / Sq Ft |
| 04/14/2025 04/14/25 | Pending | -- | -- | -- |
| 04/09/2025 04/09/25 | For Sale | $335,000 | -- | $561 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $3,248 | $248,790 | $161,504 | $87,286 |
| 2024 | $3,248 | $243,913 | $158,338 | $85,575 |
| 2023 | $3,191 | $239,132 | $155,234 | $83,898 |
| 2022 | $2,996 | $234,444 | $152,191 | $82,253 |
| 2021 | $2,935 | $229,848 | $149,207 | $80,641 |
| 2019 | $2,893 | $223,033 | $144,783 | $78,250 |
| 2018 | $2,822 | $218,661 | $141,945 | $76,716 |
| 2016 | $2,599 | $210,172 | $136,434 | $73,738 |
| 2015 | $2,495 | $207,016 | $134,385 | $72,631 |
| 2014 | $2,061 | $166,000 | $108,000 | $58,000 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Heidi Bailey
Keller Williams Coastal Prop.
(949) 763-0930
1 in this area
33 Total Sales
-
L
Seller Co-Listing Agent in 2025
Leslie Teater
Keller Williams Coastal Prop.
(949) 681-8300
1 in this area
27 Total Sales
-
A
Buyer's Agent in 2025
Anita Villegas
First Team Real Estate
(714) 791-7373
1 in this area
29 Total Sales
-
Buyer Co-Listing Agent in 2025
Ricardo Franco
First Team Real Estate
(714) 280-2997
1 in this area
48 Total Sales
About Park Ocean Condos
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25073004
APN: 7240-025-141
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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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