$275,500
SOLD JAN 15, 2025
-- Bed
1 Bath
418 Sq Ft
$378/mo HOA Fee

Recently Sold

$659 Per Sq Ft

126 Days on Market

Highlights

  • Fitness Center
  • No Units Above
  • 3.39 Acre Lot
  • Minnie Gant Elementary School Rated A
  • City Lights View
  • Clubhouse

About This Home

As of January 2025

Amazing Third floor, north facing studio in Park Ocean! This unit has been freshly painted with new flooring, updated kitchen, new stove, microwave and refrigerator. Park Ocean is a gated community and is located next to CSULB, the VA, Belmont Shore and beach. The complex amenities include swimming pool, spa, gym, tennis courts, bike storage room, common meeting room and a BBQ area. There is an onsite property manager and laundry facilities on each level. This unit has 1 parking space. The HOA includes water, trash, sewer and VA approved. Great value,,,Move-in ready!

Last Agent to Sell the Property

Scott Chapman

Coldwell Banker Realty Brokerage Email: scott@scottLBnow.com License #01389775 Listed on: 08/22/2024

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,234

Year Built

  • Built in 1970

Lot Details

  • No Units Above
  • Two or More Common Walls

HOA Fees

  • $378 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Turnkey

Interior Spaces

  • 418 Sq Ft Home
  • 3-Story Property
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Free-Standing Range
  • Microwave
  • Laminate Countertops

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Bathtub with Shower

Home Security

Parking

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

Utilities

  • Hot Water Heating System
  • Sewer Paid

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Tract Number 37203
  • Assessor Parcel Number 7240025194
  • Seller Considering Concessions

Community Details

Overview

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

Amenities

  • Picnic Area
  • Recreation Room
  • Laundry Facilities

Recreation

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

Pet Policy

  • Pet Restriction

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,234

Year Built

Built in 1970

Lot Details

0

HOA Fees

$378 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Stove, refrigerator and microwave
  • Property Attached: Yes
  • Security: Resident Manager, Smoke Detector(s)
  • Subdivision Name Other: Park Ocean (PO)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7240025194
  • Year Built: 1970
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 418.00 Square Feet
  • Interior Amenities: Elevator
  • Stories: 3
  • Entry Location: 3
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Entry Level: 1
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 659.09
  • Room Type: Kitchen
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Laminate Counters

Exterior Features

  • View: City Lights, Hills, Mountain(s), Neighborhood
  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Microwave, Refrigerator
  • Electric: Standard
  • Heating Type: Electric
  • Laundry Features: Community
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Picnic Area, Tennis Court(s), Sport Court, Gym/Ex Room, Clubhouse, Recreation Room, Trash, Sewer, Water, Pet Rules, Management, Controlled Access, Hot Water
  • Association Fee: 378.00
  • Association Fee Frequency: Monthly
  • Association Name: Park Ocean
  • Phone: 818-739-1105
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Urban
  • Association Management: King George Property Management

Schools

  • School District: Long Beach Unified

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 147503.00
  • Lot Size Acres: 3.3862

Multi Family

  • Lease Considered: No
  • Lot Size Area: 147503.0000 Square Feet
  • Number Of Units In Community: 219
  • Number Of Units Total: 219

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2024
Closed on
Jan 8, 2025
Sold by
Lee Eun Je
Bought by
Lee Myung Choon
Seller's Agent
Scott Chapman
Coldwell Banker Realty
List Price
$275,500
Sold Price
$275,500
Views
185
Current Estimated Value
$283,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,493
Avg. Annual Appreciation
5.37%

Purchase Details

Listed on
Aug 22, 2024
Closed on
Dec 27, 2024
Sold by
Palmer Kerwyn W
Bought by
Lee Myung Choon and Yee Yeji
Seller's Agent
Scott Chapman
Coldwell Banker Realty
List Price
$275,500
Sold Price
$275,500
Views
185

Purchase Details

Closed on
Sep 24, 2018
Sold by
Palmer Billie J
Bought by
Palmer Kerwyn W

Purchase Details

Closed on
May 27, 2011
Sold by
Palmer Kerwyn W
Bought by
Palmer Kerwyn W and Palmer Billie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
4.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 1994
Sold by
Palmer Kerwyn W
Bought by
Palmer Kerwyn W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,650
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 18, 1994
Sold by
Palmer Billie Jo
Bought by
Palmer Kerwyn W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,650
Interest Rate
6.98%
Mortgage Type
FHA
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Fidelity National Title
Quit Claim Deed -- Fidelity National Title
Grant Deed $275,500 Fidelity National Title
Grant Deed $275,500 Fidelity National Title
Divorce Dissolution Of Marriage Transfer -- None Available
Interfamily Deed Transfer -- First American Title Company
Quit Claim Deed -- Continental Land Title
Individual Deed -- Continental Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $61,500 New Conventional
Previous Owner $41,650 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2025 01/15/25 Sold $275,500 0.0% $659 / Sq Ft
12/26/2024 12/26/24 Pending -- -- --
08/22/2024 08/22/24 For Sale $275,500 -- $659 / 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 $1,234 $84,174 $22,371 $61,803
2024 $1,234 $82,525 $21,933 $60,592
2023 $1,210 $80,907 $21,503 $59,404
2022 $1,140 $79,322 $21,082 $58,240
2021 $1,113 $77,768 $20,669 $57,099
2019 $1,147 $75,463 $20,057 $55,406
2018 $1,065 $73,984 $19,664 $54,320
2016 $983 $71,112 $18,901 $52,211
2015 $947 $70,045 $18,618 $51,427
2014 $947 $68,674 $18,254 $50,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24158581

California Regional Multiple Listing Service (CRMLS)

APN: 7240-025-194