488 E Ocean 1607
Long Beach, CA, 90802
$499,500
MLS: SB26216880
Beds
1
Baths
1
Sq Ft
680
Lot
2.77 ac
Year Built
2004
MLS #
SB26216880
Days on Market
13
Listed
Oct 7, 2026
Description
BUYER INCENTIVE! SELLER-OFFERED 2-1 MORTGAGE RATE BUYDOWN! Make your move to Long Beach with a seller-paid interest rate buydown available through the seller’s preferred lender. Contact for details. Enjoy elevated downtown LB living from this high-floor condo at Aqua Towers, where this remodeled 1-bedroom, 1-bath condo on the 16th floor comes with a rare, private 8'x11' storage unit, offered only to select original owners on a first-come, first-served basis when the building was first built. Add a deeded parking space, and you have convenience and extra space that are hard to find in downtown living. Step inside to a bright, tastefully updated interior with newer flooring throughout and a fully remodeled kitchen featuring beautiful quartz countertops and a stylish backsplash. The remodeled bathroom continues the fresh, modern feel, and a side-by-side in-unit washer and dryer adds everyday convenience. Then step out onto your spacious balcony and take in the view. From this height, you'll look out over the downtown Long Beach skyline, with open views to the north toward Hollywood and the mountains. It's the perfect place to start your morning or unwind as the city lights come on. As a resident, you'll enjoy first-class amenities including a fitness center, pool, sauna, hot tub, clubroom for gatherings and private parties, a business center, and outdoor BBQ areas. The 24/7 concierge will check in your packages and greet your guests, and secured parking includes your deeded space plus plenty of guest parking. Your HOA dues also cover high-speed internet, water, trash, sewer, earthquake insurance, common area maintenance, elevators, and 24/7 secured fob access into the building and elevators. Located in the heart of Downtown Long Beach, you're moments from Shoreline Village, the beach, The Pike, the Promenade, and the Terrace Theater, plus fine dining and the rooftop lounge at the Fairmont Breakers Hotel. A rare combination of storage, views, and value, this is high-rise living at its best.
Location
Long Beach, Los Angeles County, CA 90802
Open on Google Maps ↗Listed by: Sam Musallam · Elite Realtors
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$4,676
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $49,950 · Loan: $449,550
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,113
- Property tax (1.25%)
- $520
- Homeowners insurance
- $300
- Mortgage insurance
- $187
- HOA dues
- $556
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 Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $17,483 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.
★#1 Producing Individual Realtor, Antelope Valley
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