NOT LISTED FOR SALE

Estimated Value: $981,000 - $1,093,000

2 Beds
2 Baths
1,377 Sq Ft
1.59 Acres

Last Sold February 13, 2023

Last sale price $1,000,000 $726 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,631/month

Highlights

  • Beach Front
  • Ocean View
  • Heated Pool
  • Long Beach Polytechnic High School Rated A
  • 24-Hour Security
  • Gated Community

About This Home

As of January 2024

Step into luxury and take in the breathtaking beauty of this coastal oasis. Welcome to 850 E Ocean Blvd #803, a magnificent haven that boasts not only mesmerizing ocean and mountain views but also a lifestyle that dreams are made of. With 2 beds, 2 baths, and an array of dazzling features, this updated Mediterranean architectural treasure is ready to sweep you off your feet.

Don't let this opportunity slip through your fingers. Embrace a life of luxury. This is not just a home; it's a masterpiece waiting for you to create your own memorable chapters within its walls. Contact us today for an exclusive showing - your dream home awaits!

Last Agent to Rent the Property

Cyrus Mohseni

The Keystone Team License #02024260 Listed on: 11/06/2023

Last Renter's Agent

Bijan Asadi

The Keystone Team License #02166061

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1992 | Remodeled

Lot Details

  • Beach Front
  • Two or More Common Walls

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Tandem Garage
  • Auto Driveway Gate
  • Assigned Parking
  • Controlled Entrance

Property Views

  • Ocean
  • Coastline
  • City Lights
  • Mountain

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,377 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Double Pane Windows
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Electric Oven
  • Built-In Range
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Home Security

Pool

  • Heated Pool
  • Spa

Additional Features

  • Balcony
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $4,350
  • 12-Month Minimum Lease Term
  • Available 11/15/23
  • Tax Lot 1
  • Tax Tract Number 45256
  • Assessor Parcel Number 7265022088

Community Details

Overview

  • No Home Owners Association
  • 187 Units

Recreation

  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Gated Community
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Year Built

Built in 1992 | Remodeled

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2023-11-15
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Security: 4350
  • Furnished: Furnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Security: 24 Hour Security, Fire Sprinkler System, Gated Community
  • View: Yes
  • Zoning: LBPD5
  • Architectural Style: Mediterranean
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 7265022088
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1377.00 Square Feet
  • Interior Amenities: Balcony, Furnished, Stone Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: In Living Room
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3.05
  • Room Type: All Bedrooms Down, Foyer, Primary Bathroom, Primary Bedroom
  • Spa Features: Association
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Primary Bath, Remodeled, Separate Tub And Shower

Exterior Features

  • View: City Lights, Coastline, Mountain(s), Ocean
  • Pool Features: Association, Heated
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Auto Driveway Gate, Built-In Storage, Controlled Entrance, Direct Garage Access, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, In Closet, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 69332.00
  • Lot Size Acres: 1.5916

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months, 6 Months, Negotiable
  • Lot Size Area: 69332.0000 Square Feet
  • Number Of Units In Community: 187
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front

Tax Info

  • Tax Census Tract: 5766.01
  • Tax Lot: 1
  • Tax Tract Number: 45256

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2022
Closed on
Jan 30, 2023
Sold by
Janet G Ormond Living Trust
Bought by
Pci Investment Group Llc
Seller's Agent
Neil Schneider
HomeSmart Realty Group
Buyer's Agent
Stephen Sutton
HomeSmart Realty Group
List Price
$1,119,500
Sold Price
$1,000,000
Premium/Discount to List
-$119,500
-10.67%
Views
37
Current Estimated Value
$1,068,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,642
Avg. Annual Appreciation
0.85%

Purchase Details

Listed on
Sep 20, 2019
Closed on
Jan 8, 2020
Sold by
Andrizzi Ross David
Bought by
Ormond Janet Gail
Seller's Agent
Sahmon Zoughi
Compass
Buyer's Agent
Sahmon Zoughi
Compass
List Price
$899,900
Sold Price
$831,500
Premium/Discount to List
-$68,400
-7.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%
Original Mortgage
$498,900
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2019
Closed on
Dec 3, 2019
Sold by
Creal Kenneth L
Bought by
Ormond Janet
Seller's Agent
Sahmon Zoughi
Compass
Buyer's Agent
Sahmon Zoughi
Compass
List Price
$899,900
Sold Price
$831,500
Premium/Discount to List
-$68,400
-7.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,900
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 12, 2018
Closed on
Nov 14, 2018
Sold by
Hanauer Steven Paul and Hanauer Mary Jean
Bought by
Creal Kenneth L
Seller's Agent
Tom Carrington
Coastal Homes Realty
Buyer's Agent
Sahmon Zoughi
Compass
List Price
$889,000
Sold Price
$885,000
Premium/Discount to List
-$4,000
-0.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.77%
Original Mortgage
$619,500
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 13, 2011
Sold by
Hanauer Steven Paul
Bought by
Hanauer Steven Paul and Hanauer Mary Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,200
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2008
Sold by
Hanauer Steven Paul and Hanauer Mary Jean
Bought by
Hanauer Steven Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
5.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2002
Sold by
Shcolnik Steve J and Shcolnik Angela C
Bought by
Hanauer Steven Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,035
Interest Rate
6.03%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 13, 2000
Sold by
Ljr Partners L P
Bought by
Shcolnik Steve J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
8.24%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pci Investment Group Llc $1,000,000 Wfg National Title
Ormond Janet Gail -- North American Title
Ormond Janet $831,500 North American Title
Creal Kenneth L $885,000 First American Title Company
Hanauer Steven Paul -- Lawyers Title
Hanauer Steven Paul -- Chicago Title Co
Hanauer Steven Paul $232,500 Commonwealth Land Title Co
Shcolnik Steve J $402,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ormond Janet $498,900
Previous Owner Creal Kenneth L $619,500
Previous Owner Hanauer Steven Paul $385,200
Previous Owner Hanauer Steven Paul $351,000
Previous Owner Hanauer Steven Paul $418,035
Previous Owner Shcolnik Steve J $336,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2024 01/31/24 Rented $4,200 0.0% --
01/18/2024 01/18/24 Under Contract -- -- --
01/06/2024 01/06/24 Price Changed $4,200 -3.4% $3 / Sq Ft
12/07/2023 12/07/23 Price Changed $4,350 -5.4% $3 / Sq Ft
11/06/2023 11/06/23 For Rent $4,600 0.0% --
02/13/2023 02/13/23 Sold $1,000,000 -8.3% $726 / Sq Ft View Prior Sale
01/23/2023 01/23/23 Pending -- -- --
12/01/2022 12/01/22 Price Changed $1,089,950 -2.6% $792 / Sq Ft
09/29/2022 09/29/22 For Sale $1,119,500 +34.6% $813 / Sq Ft
01/15/2020 01/15/20 Sold $831,500 -7.6% $604 / Sq Ft View Prior Sale
11/19/2019 11/19/19 Pending -- -- --
09/20/2019 09/20/19 For Sale $899,900 +1.7% $654 / Sq Ft
12/26/2018 12/26/18 Sold $885,000 -0.5% $643 / Sq Ft View Prior Sale
09/27/2018 09/27/18 Price Changed $889,500 +0.1% $646 / Sq Ft
06/12/2018 06/12/18 For Sale $889,000 -- $646 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,917 $1,040,400 $416,160 $624,240
2024 $12,917 $1,020,000 $408,000 $612,000
2023 $11,048 $874,051 $350,040 $524,011
2022 $10,358 $856,914 $343,177 $513,737
2021 $10,157 $840,113 $336,449 $503,664
2020 $11,069 $902,700 $362,100 $540,600
2019 $10,938 $885,000 $355,000 $530,000
2018 $7,430 $603,721 $272,648 $331,073
2016 $6,830 $580,279 $262,061 $318,218
2015 $6,550 $571,564 $258,125 $313,439
2014 $6,498 $560,369 $253,069 $307,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23206457

California Regional Multiple Listing Service (CRMLS)

APN: 7265-022-088