488 E Ocean 418
Long Beach, CA, 90802
$585,000
MLS: PW26020945
Beds
2
Baths
2
Sq Ft
960
Lot
2.77 ac
Year Built
2004
MLS #
PW26020945
Days on Market
62
Listed
Jan 28, 2026
Description
Luxury 2 bed 2 bath Condo with 10 foot ceilings in the highly sought after Aqua Towers on Ocean Blvd! Rare corner unit with dual master suit floor plan, walk in closets, balcony access from living room and master bedroom, great natural lighting with south-facing views of the Harbor. Washer & Dryer in unit, central AC & Heat, granite countertops. This luxury building offers 24 hour concierge, fitness center, pool, spa, dry sauna, community clubhouse, conference rooms and guest parking. Two parking spaces included.
Location
Long Beach, Los Angeles County, CA 90802
Open on Google Maps ↗Listed by: Tracey Kormushoff · Tracey Kormushoff, Broker
Payment estimate
$4,364
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $58,500 · Loan: $526,500
- Principal & Interest
- $3,235
- Property tax (1.25%)
- $609
- Homeowners insurance
- $300
- Mortgage insurance
- $219
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 $20,475 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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