1030 E Ocean Boulevard Unit 704
Long Beach, CA 90802

  • 1 bed
  • 1 bath
  • 620 sqft
  • $475 per sqft
  • 1922 build
  • on site

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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!

California Regional MLS logo Listed By CRMLS_CA / Bob Geraghty / Phoenix Realty & Properties

Last checked: Checking… • Last updated Mar 15, 2024 •

MLS# PW16018260 —

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Sale history

Date Event Source Price % Change
7/13/16
Sold CRMLS_CA $295,000 -3.3%
6/10/16
Pending CRMLS_CA $305,000
1/28/16
Listed / Active CRMLS_CA $305,000

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Condo Sold on 7/13/2016

$295,000

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Listing provided by broker:

Bob Geraghty

Phoenix Realty & Properties

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California Regional MLS logo Listing Courtesy of: CRMLS_CA and Phoenix Realty & Properties. Based on information from California Regional Multiple Listing Service, Inc. as of 00:01 on Mar 28.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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