Seller's Agent in 2024
Mike Albanese
Engel & Völkers Pasadena
(562) 595-2592
2 in this area
16 Total Sales
The Pacific 850 E Ocean Blvd Unit 301 Long Beach, CA 90802
Alamitos Beach NeighborhoodEstimated Value: $1,036,000 - $1,088,000
2
Beds
2
Baths
1,593
Sq Ft
$1,318/mo
HOA Fee
Highlights
- Concierge
- Beach Front
- Ocean View
- Long Beach Polytechnic High School Rated A
- Marina
- Property has ocean access
About This Home
As of May 2024PRICE IMPROVEMENT - BEST VALUE ON OCEAN BL! Welcome to Alamitos Beach's premiere oceanfront tower, The Pacific! This gracious and elegant full-service highrise is one of the very few in California with direct beach access. This advantageous northeast corner home offers cool, soft north and east light and an amazing floor plan. The views are lovely - sand, blue ocean waters, downtown city lights, Signal Hill, neighborhood treetops. The large formal entry makes an impression right away. It separates two wings, a private Primary Suite and and an impressive, open plan living and dining room with tall windows and a long, wide balcony for entertaining family and friends. Picture yourself having breakfast on the balcony, enjoying the sea breeze. The Kitchen overlooks the dining room and has plenty of counter and storage space, a breakfast bar, Euro-style cabinetry. The convenient laundry alcove accommodates a side-by-side W/D and storage. The Primary Suite includes a spacious spa-like bath and large covered balcony completing this welcoming retreat where you can enjoy city lights at bedtime. Bedroom 2 is spacious and has a partial view of the ocean, a walk-in and second coat closet. The room's double doors open to the living room, for fantastic flexibility of use, as it can also be closed off to create a second en-suite. This room also makes a great den or office. There is an abundance of storage, both in the unit and in the two full-sized parking spaces. The immaculate, move-in ready unit has dual-paned windows, recessed lighting and fresh paint! The Pacific offers an impressive porte cochère and luxurious lobby with 24hr concierge desk, a beautiful and comfortable library/community living room with a grand piano, billiards and a full catering kitchen for your larger gatherings. The resort style community pool and spa, bike storage room, gym, separate locker rooms w/ sauna and shower, BBQ patios, beach club w/ kitchenette, fire pit, outdoor shower, gate to the sand and bike path, offers you beach living at its best! Imagine enjoying all the day and night fantastic neighborhood amenities - Beach and Bike Path, The East Village Arts District, Terrace Theater, LB Arena, Downtown Marina, Shoreline Village, The Pike shopping and theaters, The Promenade restaurants and lounges, The Rainbow Harbor, Catalina Landing, Pine Ave clubs, Bixby Park and the LA Metro - all without a car! The Pacific offers the Ultimate Urban Beach Lifestyle!
Last Agent to Sell the Property
Engel & Völkers Pasadena Brokerage Phone: 562.595.2592 License #01977959 Listed on: 10/12/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,702
Year Built
- Built in 1992
Lot Details
- Beach Front
- Property Fronts a Bay or Harbor
- Two or More Common Walls
- Landscaped
HOA Fees
- $1,318 Monthly HOA Fees
Parking
- 2 Car Garage
- Porte-Cochere
- Parking Available
- Automatic Gate
- Guest Parking
- Controlled Entrance
- Community Parking Structure
Property Views
- Ocean
- Bay
- City Lights
- Woods
- Mountain
- Hills
- Neighborhood
Home Design
- Contemporary Architecture
- Fire Rated Drywall
- Stone Siding
- Pre-Cast Concrete Construction
- Stucco
Interior Spaces
- 1,593 Sq Ft Home
- Open Floorplan
- High Ceiling
- Recessed Lighting
- Double Pane Windows
- Formal Entry
- Living Room
- Living Room Balcony
- Dining Room
- Storage
- Center Hall
- Closed Circuit Camera
Kitchen
- Breakfast Bar
- Electric Oven
- Electric Cooktop
- Microwave
- Water Line To Refrigerator
- Dishwasher
- Granite Countertops
- Pots and Pans Drawers
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Mirrored Closets Doors
- 2 Full Bathrooms
- Stone Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Bathtub with Shower
- Walk-in Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Gunite Pool
- Gunite Spa
Outdoor Features
- Property has ocean access
- Covered Patio or Porch
- Exterior Lighting
- Rain Gutters
Location
- Property is near public transit
- Urban Location
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Hot Water Heating System
- Cable TV Available
Listing and Financial Details
- Earthquake Insurance Required
- Tax Lot 1
- Tax Tract Number 45256
- Assessor Parcel Number 7265022026
- $266 per year additional tax assessments
Community Details
Overview
- Front Yard Maintenance
- Master Insurance
- 187 Units
- Pacific Condominium Assn Association, Phone Number (562) 437-0085
- Actionlife HOA
- Maintained Community
- 16-Story Property
Amenities
- Concierge
- Outdoor Cooking Area
- Community Fire Pit
- Community Barbecue Grill
- Sauna
- Trash Chute
- Clubhouse
- Banquet Facilities
- Billiard Room
- Recreation Room
Recreation
- Marina
- Fitness Center
- Community Pool
- Community Spa
- Park
- Dog Park
- Bike Trail
Pet Policy
- Pets Allowed
- Pet Restriction
Security
- 24-Hour Security
- Resident Manager or Management On Site
- Card or Code Access
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
- Firewall
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 12, 2023
Closed on
Apr 26, 2024
Sold by
Patricia A Lockhart Trust and Lockhart Patricia A
Bought by
Update Real Estate Llc
Seller's Agent
Mike Albanese
Engel & Völkers Pasadena
Buyer's Agent
Terrence Large
Compass
List Price
$1,050,000
Sold Price
$950,000
Premium/Discount to List
-$100,000
-9.52%
Views
238
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,004
Avg. Annual Appreciation
8.61%
Original Mortgage
$896,100
Interest Rate
6.87%
Mortgage Type
Construction
Purchase Details
Closed on
Jul 10, 2014
Sold by
Lockhart Patricia A
Bought by
Lockhart Patricia A and The Patricia A Lockhart Trust
Purchase Details
Closed on
Dec 28, 2012
Sold by
Albanese Michael
Bought by
Lockhart Patricia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 8, 2003
Sold by
Koski Michael E and Hannegan Steven S
Bought by
Hoehn Mary M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 4, 1999
Sold by
Ljr Partners Lp
Bought by
Koski Michael E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,500
Interest Rate
6.77%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Update Real Estate Llc | $950,000 | Orange Coast Title | |
| Lockhart Patricia A | -- | None Available | |
| Lockhart Patricia A | $160,000 | Lawyers Title Company | |
| Lockhart Patricia A | -- | Lawyers Title Company | |
| Hoehn Mary M | $475,000 | United Title Company | |
| Koski Michael E | $295,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Update Real Estate Llc | $896,100 | |
| Previous Owner | Lockhart Patricia A | $255,000 | |
| Previous Owner | Hoehn Mary M | $92,000 | |
| Previous Owner | Koski Michael E | $425,000 | |
| Previous Owner | Hannegan Steven S | $252,000 | |
| Previous Owner | Koski Michael E | $206,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/03/2024 05/03/24 | Sold | $950,000 | -0.8% | $596 / Sq Ft |
| 04/08/2024 04/08/24 | Pending | -- | -- | -- |
| 03/19/2024 03/19/24 | Price Changed | $958,000 | -4.1% | $601 / Sq Ft |
| 02/25/2024 02/25/24 | Price Changed | $998,888 | -4.9% | $627 / Sq Ft |
| 02/23/2024 02/23/24 | For Sale | $1,050,000 | +10.5% | $659 / Sq Ft |
| 02/06/2024 02/06/24 | Off Market | $950,000 | -- | -- |
| 01/04/2024 01/04/24 | Price Changed | $1,050,000 | -4.5% | $659 / Sq Ft |
| 12/26/2023 12/26/23 | For Sale | $1,100,000 | +15.8% | $691 / Sq Ft |
| 12/20/2023 12/20/23 | Off Market | $950,000 | -- | -- |
| 10/12/2023 10/12/23 | For Sale | $1,100,000 | 0.0% | $691 / Sq Ft |
| 04/25/2016 04/25/16 | Rented | $2,895 | -3.3% | -- |
| 04/18/2016 04/18/16 | Price Changed | $2,995 | +3.5% | $2 / Sq Ft |
| 04/11/2016 04/11/16 | For Rent | $2,895 | -- | -- |
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 | $8,702 | $969,000 | $678,300 | $290,700 |
| 2024 | $8,702 | $679,002 | $227,416 | $451,586 |
| 2023 | $8,557 | $665,689 | $222,957 | $442,732 |
| 2022 | $8,026 | $652,637 | $218,586 | $434,051 |
| 2021 | $7,868 | $639,841 | $214,300 | $425,541 |
| 2019 | $7,755 | $620,865 | $207,945 | $412,920 |
| 2018 | $7,587 | $608,692 | $203,868 | $404,824 |
| 2016 | $6,975 | $585,057 | $195,952 | $389,105 |
| 2015 | $6,691 | $576,270 | $193,009 | $383,261 |
| 2014 | $6,683 | $568,782 | $210,163 | $358,619 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Albanese
-
Terrence Large
Buyer's Agent in 2024
Terrence Large
Compass
(949) 438-4340
3 in this area
18 Total Sales
-
NoEmail NoEmail
N
Buyer's Agent in 2016
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
2 in this area
5,873 Total Sales
About The Pacific
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PF23187479
APN: 7265-022-026
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