NOT LISTED FOR SALE

Park Ocean Condos 5585 E Pacific Coast Hwy Unit 348 Long Beach, CA 90804

Park Estates Neighborhood

Estimated Value: $290,000 - $315,000

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

Last Sold February 02, 2024

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

Est. 4% increase in value since last sale

Current estimated payment $2,287/month

38 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Mountain View
  • Minnie Gant Elementary School Rated A
  • 3.39 Acre Lot
  • Clubhouse

About This Home

As of February 2024

PRICE IMPROVEMENT: Picture a sunlit sanctuary where creativity comes to life. This studio is a harmonious blend of minimalist design and functional elegance. Natural light dances on the sleek surface, enhancing the serene atmosphere. Living near CSULB university has its perks- vibrant energy, diverse events, and constant intellectual stimulation. The proximity to a studio adds a creative touch to your surroundings. 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.

Last Agent to Sell the Property

Arsen Kobramasihi

Equity Union License #01257621 Listed on: 11/02/2023

Equity Union

Last Buyer's Agent

Lisa Abbate

eXp Realty of California Inc License #02126155

eXp Realty of California Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,491

Year Built

  • Built in 1970

Lot Details

  • Two or More Common Walls

HOA Fees

  • $359 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1 Full Bathroom
  • 418 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laundry Room

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 37203
  • Assessor Parcel Number 7240025216
  • $197 per year additional tax assessments

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Meeting Room
  • Laundry Facilities

Recreation

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

Pet Policy

  • Pet Restriction

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,491

Year Built

Built in 1970

Lot Details

0

HOA Fees

$359 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • View: Yes
  • Zoning: LBR4R
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7240025216
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 418.00 Square Feet
  • Stories: 1
  • Entry Location: Front door
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 693.78
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Mountain(s), Neighborhood
  • Pool Features: Association, In Ground
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • 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, Clubhouse, Meeting Room, Electricity, Gas, Insurance, Trash, Water, Pet Rules, Controlled Access
  • Association Fee: 359.39
  • Association Fee Frequency: Monthly
  • Association Name: Park Ocean
  • Phone: 818-739-1105
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, 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: 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: 100

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
Nov 2, 2023
Closed on
Dec 15, 2023
Sold by
Misty Anhminh Doan Do Trust
Bought by
Krastman Sonja
Seller's Agent
Arsen Kobramasihi
Equity Union
Buyer's Agent
Lisa Abbate
eXp Realty of California Inc
List Price
$350,000
Sold Price
$290,000
Premium/Discount to List
-$60,000
-17.14%
Views
309
Current Estimated Value
$302,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,776
Avg. Annual Appreciation
2.70%
Original Mortgage
$217,500
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 24, 2021
Closed on
Oct 12, 2021
Sold by
Holliday Sarah and Dinkfeld Patrick
Bought by
Do Misty Anhminh Doan and Misty Anhminh Doan Do Trust
Seller's Agent
Marc de Longeville
Sotheby's International Realty
Buyer's Agent
Marc de Longeville
Sotheby's International Realty
List Price
$249,000
Sold Price
$261,000
Premium/Discount to List
$12,000
4.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%
Original Mortgage
$237,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2011
Sold by
Dinkfeld Karyl K
Bought by
The Karyl Dinkfeld Living Trust

Purchase Details

Closed on
Jan 26, 1999
Sold by
Balough David M
Bought by
Dinkfeld Karyl K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,956
Interest Rate
7.1%
Mortgage Type
FHA
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
Krastman Sonja $290,000 Lawyers Title Company
Do Misty Anhminh Doan $261,000 Fidelity National Title Co
The Karyl Dinkfeld Living Trust -- None Available
Dinkfeld Karyl K $43,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krastman Sonja $217,500
Previous Owner Do Misty Anhminh Doan $237,500
Previous Owner Dinkfeld Karyl $127,800
Previous Owner Dinkfeld Karyl K $126,000
Previous Owner Dinkfeld Karyl K $118,400
Previous Owner Dinkfeld Karyl K $75,000
Previous Owner Dinkfeld Karyl K $42,956
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $290,000 -3.0% $694 / Sq Ft
12/10/2023 12/10/23 Pending -- -- --
12/03/2023 12/03/23 Price Changed $299,000 -6.3% $715 / Sq Ft
11/15/2023 11/15/23 Price Changed $319,000 -8.9% $763 / Sq Ft
11/02/2023 11/02/23 For Sale $350,000 +34.1% $837 / Sq Ft
10/22/2021 10/22/21 Sold $261,000 +4.8% $624 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $249,000 -- $596 / 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 $3,491 $295,800 $175,950 $119,850
2024 $3,491 $271,544 $110,282 $161,262
2023 $3,429 $266,220 $108,120 $158,100
2022 $3,300 $261,000 $106,000 $155,000
2021 $937 $62,980 $19,539 $43,441
2020 $934 $62,335 $19,339 $42,996
2019 $923 $61,113 $18,960 $42,153
2018 $895 $59,916 $18,589 $41,327
2016 $827 $57,591 $17,868 $39,723
2015 $797 $56,727 $17,600 $39,127
2014 $799 $55,617 $17,256 $38,361
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Arsen Kobramasihi

    Equity Union

    (818) 434-6429

    2 in this area

    28 Total Sales

    Arsen Kobramasihi
    Section Image
  • Lisa Abbate

    Buyer's Agent in 2024

    Lisa Abbate

    eXp Realty of California Inc

    (310) 658-3983

    1 in this area

    9 Total Sales

    Lisa Abbate
    Section Image
  • Marc de Longeville

    Seller's Agent in 2021

    Marc de Longeville

    Sotheby's International Realty

    (213) 675-0197

    1 in this area

    37 Total Sales

    Marc de Longeville
    Section Image
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About Park Ocean Condos

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB23203091

California Regional Multiple Listing Service (CRMLS)

APN: 7240-025-216

California Los Angeles County Long Beach 90804 Park Estates

5585 E Pacific Coast Hwy Unit 348, Long Beach, CA

This home is located at 5585 E Pacific Coast Hwy Unit 348, Long Beach, CA 90804 since 02 November 2023 and is currently estimated at $302,776, approximately $724 per square foot. This property was built in 1970. 5585 E Pacific Coast Hwy Unit 348 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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