Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

5585 E Pacific Coast Highway 132

Long Beach, CA, 90804

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$349,000

MLS: P1-26448

Beds

1

Baths

1

Sq Ft

597

Lot

3.39 ac

Year Built

1970

MLS #

P1-26448

Days on Market

4

Listed

Mar 26, 2026

Description

Open the door to your new retreat! Step into a lifestyle of comfort, convenience, and coastal charm with this delightful 1-bedroom, 1-bathroom condo nestled in the Park Ocean community. This cozy yet modern space is designed to embrace natural light and seamless indoor-outdoor living. The open-concept kitchen flows effortlessly into the living area, making it ideal for relaxing evenings or entertaining guests. A sliding glass door invites sunlight in and grants easy access to your own patio with courtyard views, just steps from the community pool.The Park Ocean community offers a wealth of amenities to enhance your everyday living. Enjoy the pool, sauna, tennis court, and gym--perfect for staying active or unwinding close to home. The barbecue area and recreation room provide additional spaces to gather with family and friends. Pet-friendly policies, assigned parking, and on-site laundry facilities make this condo a practical and comfortable choice for your lifestyle. With HOA dues covering water, sewer, and trash, you can focus on enjoying the perfect blend of style, ease, and coastal living.Located just minutes from Cal State Long Beach, the VA Hospital, local shopping, coffee shops, and the beach, this home is perfectly situated for convenience. Don't miss out on the opportunity to make this condo your new home!

Location

Long Beach, Los Angeles County, CA 90804

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Listed by: Eva Rodriguez · COMPASS

Payment estimate

$2,724

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $34,900 · Loan: $314,100

%
Principal & Interest
$1,930
Property tax (1.25%)
$364
Homeowners insurance
$300
Mortgage insurance
$131
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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 $12,215 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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