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488 East Ocean, 708, Long Beach, CA 90802

$730K2bd · 2ba · 990 sqft
Lot 120,506 sqft•HOA $450/mo•Condominium•
Active
•366d on market•MLS# IV-25234464

Property Description

Welcome to Unit 708 at 488 Ocean Boulevard, offering expansive open-air ocean views of the Pacific. This beautifully maintained condo features 10-foot ceilings and hardwood flooring throughout the living room and both bedrooms, creating a bright and open living space. The kitchen is appointed with granite countertops, slate tile flooring, ample cabinetry, and includes all appliances. An in-unit laundry room offers a full-size washer and dryer. Both bedrooms include walk-in closets, with the primary bedroom featuring an en-suite bathroom. The home is equipped with central air conditioning and heating for year-round comfort. Enjoy ocean and city views from the living room, bedrooms, and two private balconies. The unit includes one assigned parking space in a secure, gated underground garage. HOA amenities include water, 24/7 security and concierge services, fitness center, sauna, club room, business center, and high-speed internet through Frontier. Located just steps from the beach, coastal bike paths, Metro transit, dining, shopping, and entertainment venues including Shoreline Village, The Pike Outlets, Terrace Theater, and downtown Long Beach attractions. During April, balconies offer great views of the annual Long Beach Grand Prix.

Features & Amenities

FeeBuilt 2004

Property Details

Land Type
Fee
Year Built
2004
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
1
Heating
Central
Cooling
Central Air
View
Ocean
Flooring
Laminate, Stone
City
Long Beach
Zip Code
90802
County
Los Angeles
Listed byBERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY, SUZI TRINIDAD

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,691.28
Principal & Interest
Loan Amount
$584,000
Total Interest
$744,860
Total Payment Over 30 Years
$1,328,860
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

488 East Ocean, 708, Long Beach, CA 90802

Long Beach · Condominium

$730K
Affordable Tier
Beds
2
Baths
2
Sqft
990
Lot
2.77 ac
Year
2004
$/Sqft
$737
Pool: Yes✓
Spa: Yes✓
View: water✓
Garage: 1-car✓

Listed 40.4% above the median closed sale of $520,000. Price per sqft ($737) is a 16% premium to closed comps ($636).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $730K· $737/sqft
Total list price
Closed comps
vs closed median $520K
+$210K (+40.4%)
Active comps
vs active median $400K
+$330K (+82.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $560
+$177 (+31.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
488 Ocean BoulevardLong Beach200411702120,506$570$399,9004379
1168 10thLong Beach19882269014,455$500$345,00010073
550 Orange AvenueLong Beach19851169795,356$572$399,00012570
1509 StanleyLong Beach19901171016,875$577$410,0004369
525 SeasideLong Beach19901170440,552$582$410,0005768
Total: 5 · Average1.21.2700.657,548.8$560.2$392,78073.6
Median702$399,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1919 Beverly WayLong Beach198210/08/2026221,0140$525,000$520,000$5130.996588
133 The PromenadeLong Beach200610/01/2026221,10060,230$619,000$600,000$5450.976287
1775 Ohio AvenueLong Beach199310/09/2026221,01947,562$499,000$492,300$4830.9913486
550 OrangeLong Beach198509/24/20262293095,356$525,000$520,000$5590.994784
383 Bay ShoreLong Beach196510/07/20262299524,717$1.09M$1.07M$1,0800.982884
Total: 5 · Average2.02.01,011.656,966.25$641,460$641,460$636—67.2
Median1,014$520,000$520,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.