NOT LISTED FOR SALE

Park Ocean Condos 5585 E Pacific Coast Hwy Unit 266 Long Beach, CA 90804

Park Estates Neighborhood

Estimated Value: $461,000 - $594,000

2 Beds
2 Baths
913 Sq Ft
$301/mo HOA Fee

Last Sold March 28, 2018

Last sale price $360,000 $394 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,494/month

37 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Clubhouse
  • Minnie Gant Elementary School Rated A
  • 147,472 Sq Ft lot
  • Deck

About This Home

As of March 2018

Light and bright 2 bedroom, 2 bath Park Ocean Condo with air conditioning and 2 assigned parking spaces (one garage, one outdoor). Convenient location near California State Long Beach and the VA Hospital, walk to numerous restaurants, shops and transportation. HOA amenities include security gates and entry, recently remodeled common area gathering room with fire place, tennis court, workout/yoga room with sauna, laundry rooms on each floor, swimming pool, jacuzzi, barbecue areas and landscaped courtyards. As of the date of listing, the Park Ocean condo project is VA and Conventional financing eligible (not currently FHA approved).

Last Agent to Sell the Property

Kathleen Kramer

Kathleen Kramer, Broker License #01198187 Listed on: 02/07/2018

Last Buyer's Agent

Santanya Livsey

Redfin License #01906834

Redfin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,225

Year Built

  • Built in 1970

Lot Details

  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $301 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Automatic Gate
  • Uncovered Parking
  • Assigned Parking
  • Controlled Entrance
  • Community Parking Structure

Interior Spaces

  • 913 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Neighborhood Views
  • Closed Circuit Camera
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Tract Number 37203
  • Assessor Parcel Number 7240025155

Community Details

Overview

  • 220 Units
  • Park Ocean Association, Phone Number (562) 597-3328
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Sauna
  • Laundry Facilities

Recreation

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

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,225

Year Built

Built in 1970

Lot Details

0

HOA Fees

$301 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Other Phone Description: Listing Agent
  • Other Phone Number: 714-501-5049
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Automatic Gate, Card/Code Access, Closed Circuit Camera(s)
  • Subdivision Name Other: Park Ocean (PO)
  • View: Yes
  • Zoning: LBR4R
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7240025155
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 913.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 394.30
  • Spa Features: Community

Exterior Features

  • Patio: Yes
  • Other Structures: Tennis Court Private
  • View: Neighborhood
  • Patio And Porch Features: Deck
  • Pool Features: Association, Community, Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Controlled Entrance, Uncovered
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Barbecue, Outdoor Cooking Area, Tennis Court(s), Gym/Ex Room, Clubhouse, Maintenance Grounds, Dues Paid Monthly, Controlled Access
  • Association Fee: 301.00
  • Association Fee Frequency: Monthly
  • Association Name: Park Ocean
  • Phone: 562-597-3328
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 147472.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 220
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5748.00
  • Tax Tract Number: 37203

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2018
Closed on
Feb 26, 2018
Sold by
Delson Jennifer
Bought by
Du Vivian Wen and Vivian Wen Du Living Trust
Seller's Agent
Kathleen Kramer
Kathleen Kramer, Broker
Buyer's Agent
Santanya Livsey
Redfin
List Price
$369,000
Sold Price
$360,000
Premium/Discount to List
-$9,000
-2.44%
Current Estimated Value
$506,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,152
Avg. Annual Appreciation
4.46%

Purchase Details

Listed on
Sep 18, 2012
Closed on
Nov 5, 2012
Sold by
Smith Walter
Bought by
Delson Jennifer
Seller's Agent
Ron B. Frazier
Ronald Frazier
Buyer's Agent
Michael Rains
List Price
$185,000
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.33%

Purchase Details

Closed on
Apr 8, 2005
Sold by
Rogers Richard
Bought by
Smith Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,200
Interest Rate
5.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 1, 2002
Sold by
Fattaleh Alexander W and Fattaleh Nancy E
Bought by
Rogers Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,315
Interest Rate
6.37%
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
Du Vivian Wen $360,000 Ticor Title
Delson Jennifer $185,000 Equity Title Los Angeles
Smith Walter $319,000 Fatcola
Rogers Richard $183,500 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Walter $255,200
Previous Owner Rogers Richard $229,500
Previous Owner Rogers Richard $156,315
Closed Rogers Richard $27,585
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2018 03/28/18 Sold $360,000 -2.4% $394 / Sq Ft
02/22/2018 02/22/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $369,000 +99.5% $404 / Sq Ft
12/03/2012 12/03/12 Sold $185,000 0.0% $203 / Sq Ft
09/18/2012 09/18/12 For Sale $185,000 -- $203 / 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 $5,225 $409,613 $182,050 $227,563
2024 $5,225 $401,582 $178,481 $223,101
2023 $5,136 $393,709 $174,982 $218,727
2022 $4,820 $385,990 $171,551 $214,439
2021 $4,723 $378,423 $168,188 $210,235
2019 $4,656 $367,200 $163,200 $204,000
2018 $2,617 $200,213 $119,046 $81,167
2016 $2,407 $192,440 $114,424 $78,016
2015 $2,312 $189,551 $112,706 $76,845
2014 $2,300 $185,839 $110,499 $75,340
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Kathleen Kramer

    Kathleen Kramer, Broker

  • S

    Buyer's Agent in 2018

    Santanya Livsey

    Redfin

    Section Image

  • R

    Seller's Agent in 2012

    Ron B. Frazier

    Ronald Frazier

    1 Total Sale

    Ron B. Frazier
    Section Image

  • M

    Buyer's Agent in 2012

    Michael Rains

See All Agents

About Park Ocean Condos

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18029375

California Regional Multiple Listing Service (CRMLS)

APN: 7240-025-155

California Los Angeles County Long Beach 90804 Park Estates

5585 E Pacific Coast Hwy Unit 266, Long Beach, CA

This home is located at 5585 E Pacific Coast Hwy Unit 266, Long Beach, CA 90804 since 07 February 2018 and is currently estimated at $506,152, approximately $554 per square foot. This property was built in 1970. 5585 E Pacific Coast Hwy Unit 266 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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