488 E Ocean 1518
Long Beach, CA, 90802
$712,600
MLS: PW26061367
Beds
2
Baths
2
Sq Ft
950
Lot
2.77 ac
Year Built
2004
MLS #
PW26061367
Days on Market
1
Listed
Apr 10, 2026
Description
Welcome to this stunning, fully upgraded condo located in the vibrant heart of Long Beach. Thoughtfully designed with modern elegance in mind, this home features brand-new California custom closets, sleek new flooring throughout, and beautifully renovated bathrooms with custom primary bathroom shower with 3 shower heads and a toto toilet and contemporary finishes. The kitchen is equipped with all-new appliances, new kitchen remodel with new cabinets and counter tops offering both style and functionality. Perfectly situated just moments from the coast, this home is within walking distance to the beach, the Aquarium of the Pacific, and the iconic Queen Mary. As an added bonus, enjoy the excitement of the annual Formula race in April. Also walking distance from many restaurants and right next door to the Performing Arts Center.
Location
Long Beach, Los Angeles County, CA 90802
Open on Google Maps ↗Listed by: Martha Morales · Keller Williams Realty
Payment estimate
$5,250
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $71,260 · Loan: $641,340
- Principal & Interest
- $3,941
- Property tax (1.25%)
- $742
- Homeowners insurance
- $300
- Mortgage insurance
- $267
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Long Beach home with as little as 3.5% down using an FHA loan — roughly $24,941 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Long Beach, CA 90802 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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Only large teams outsell Mike Watson · Keller Williams Realty
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