Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

488 E Ocean 708

Long Beach, CA, 90802

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$749,999

MLS: IV25234464

Beds

2

Baths

2

Sq Ft

990

Lot

2.77 ac

Year Built

2004

MLS #

IV25234464

Days on Market

193

Listed

Oct 10, 2025

Description

Welcome to Unit 708 at 488 Ocean Boulevard, offering expansive open-air ocean views of the Pacific. This beautifully maintained condo features 10-foot ceilings and hardwood flooring throughout the living room and both bedrooms, creating a bright and open living space. The kitchen is appointed with granite countertops, slate tile flooring, ample cabinetry, and includes all appliances. An in-unit laundry room offers a full-size washer and dryer. Both bedrooms include walk-in closets, with the primary bedroom featuring an en-suite bathroom. The home is equipped with central air conditioning and heating for year-round comfort. Enjoy ocean and city views from the living room, bedrooms, and two private balconies. The unit includes one assigned parking space in a secure, gated underground garage. HOA amenities include water, 24/7 security and concierge services, fitness center, sauna, club room, business center, and high-speed internet through Frontier. Located just steps from the beach, coastal bike paths, Metro transit, dining, shopping, and entertainment venues including Shoreline Village, The Pike Outlets, Terrace Theater, and downtown Long Beach attractions. During April, balconies offer great views of the annual Long Beach Grand Prix.

Location

Long Beach, Los Angeles County, CA 90802

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Listed by: SUZI TRINIDAD · BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY

Payment estimate

$5,510

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $75,000 · Loan: $674,999

%
Principal & Interest
$4,147
Property tax (1.25%)
$781
Homeowners insurance
$300
Mortgage insurance
$281
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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 $26,250 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

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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