488 E Ocean P2
Long Beach, CA, 90802
$1,119,000
MLS: BB26138525
Beds
2
Baths
2
Sq Ft
1,434
Lot
2.77 ac
Year Built
2004
MLS #
BB26138525
Days on Market
46
Listed
Jun 25, 2026
Description
Experience breathtaking panoramic views of the ocean, Catalina Island, the Queen Mary, the Southern California coastline, and sparkling city lights from this highly upgraded penthouse in the desirable Aqua Towers. The expansive wraparound balcony with glass railings offers front-row views of the Long Beach Grand Prix, seasonal waterfront events, and the 2028 Olympic sailing and volleyball competitions. This spacious 1-bedroom plus loft (currently used as a second bedroom) features an open, light-filled floor plan with stunning views from nearly every room. The gourmet kitchen is equipped with granite countertops, Viking stainless steel appliances, full-size in-unit laundry, and central A/C and heating. The primary suite offers a large walk-in closet and a spa-inspired bathroom with dual vanities, a soaking tub, and a separate walk-in shower. A rare bonus, this home includes a private deeded garage with a roll-up door remote plus an additional deeded parking space. Residents enjoy resort-style amenities including 24-hour concierge and security, pool, spa, fitness center with sauna, clubhouse, business centers, BBQ area, and on-site management. Located in the heart of Downtown Long Beach, you're just steps from the beach, marina, restaurants, shopping, entertainment, biking trails, the Performing Arts Center, The Pike, East Village Arts District, public transit, and the Aquarium of the Pacific. This is a rare opportunity to purchase one of Aqua Towers' premier penthouse residences with unmatched views and an exceptional coastal lifestyle.
Location
Long Beach, Los Angeles County, CA 90802
Open on Google Maps ↗Listed by: Marc Orillo · West Coast Realty Group
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
$9,227
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $111,900 · Loan: $1,007,100
Average 30-yr fixed rate 6.69% as of Aug 6, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $6,492
- Property tax (1.25%)
- $1,166
- Homeowners insurance
- $300
- Mortgage insurance
- $420
- HOA dues
- $850
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 Aug 6, 2026
- 30-year fixed
- 6.69%
- 15-year fixed
- 6.01%
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 $39,165 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.
★#1 Producing Individual Realtor — Antelope Valley
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