Opening page…
Closed
- Listed price
- $305,000
- Listed Jan 26, 2016 · $492/sq ft
- Sold price
- $295,000
- Sold Jul 13, 2016
1 beds|1 ba|620 sqft00|1922 Built|136 days listed
1030 E Ocean Blvd 704, Long Beach, CA 90802
Property Description
Investors, can you imagine the last time you earned a 5.5% gross return on an investment of $305,000? This one bedroom condo, on 7th floor generates $1,400.00 per month as a rental. All utilities (gas, water & electric) are paid for in your HOA dues of $318.00 per month (HOA gives you FREE basic DIRECTV); and as a bonus you get to own an asset that will only appreciate and it is on the beach! This unit has a view of the Queen Mary (Fireworks on the 4th of July). Around springtime you can watch the World famous Grand Prix. You can walk to Shore Line Village, Pine Street and enjoy the restaurants, night clubs and all the other activities you hear advertised on the radio and television. Use the beach lot to grill or just enjoy the view. Did we mention depreciation to help offset your taxes? This Historical Building was completely re-piped in copper a few years ago, including all new traps, tub waste & overflows, and all new drain lines. Well you get the picture, this is not an opportunity to pass up!
Listing agent: Bob GeraghtyDRE #01239822PHOENIXPROPMGMT@AOL.COM, Listing office: Phoenix Realty & Properties
MLS data updated 10/20/2026, 3:00:39 AM PT
Source: CRMLSMLS #: PW16018260
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$295,000
Jul 13, 2016
Available records22016
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90802 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90802 · same property typeLoading eligible closed sales…
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.