5585 E Pacific Coast 361
Long Beach, CA, 90804
$345,000
MLS: PW26027833
Beds
1
Baths
1
Sq Ft
597
Lot
3.39 ac
Year Built
1970
MLS #
PW26027833
Days on Market
29
Listed
Feb 6, 2026
Description
**Price Improvement** Welcome to Park Ocean! This beautifully updated 1-bedroom, 1-bath third-floor condo offers peaceful living with no unit above and a private balcony perfect for enjoying the coastal breeze and scenic views. The home features fresh interior paint and new vinyl flooring throughout, creating a bright and move-in ready space. The open kitchen has been upgraded with new appliances (stove, refrigerator, dishwasher, microwave), plus a new sink and faucet. A portable A/C unit is also included for added comfort. Approximately 597 sq. ft. of well-designed living space makes this an ideal primary residence or investment opportunity. Conveniently located near CSULB, the VA Hospital, Belmont Shore Marina, local shopping, dining, and entertainment, with easy access to the 22, 605, and 405 freeways. The unit includes an assigned parking space in a gated community. Enjoy resort-style amenities including a heated pool, outdoor spa, sauna, tennis court, basketball area, BBQ space, clubhouse with fireplace, fully equipped gym with separate weight room, bike storage, and laundry facilities on each floor. HOA dues include water, trash, and sewer. Complex is VA approved. A quiet, turnkey home in a prime Long Beach location — don’t miss this opportunity!
Location
Long Beach, Los Angeles County, CA 90804
Open on Google Maps ↗Listed by: Vanessa Gadea · Real Broker
Payment estimate
$2,697
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $34,500 · Loan: $310,500
- Principal & Interest
- $1,908
- Property tax (1.25%)
- $359
- Homeowners insurance
- $300
- Mortgage insurance
- $129
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 $12,075 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 90804 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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