ActiveCondominium

5585 E Pacific Coast HWY 125

Long Beach, CA, 90804

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$269,900

MLS: OC26037383

Beds

0

Baths

1

Sq Ft

418

Lot

3.39 ac

Year Built

1970

MLS #

OC26037383

Days on Market

37

Listed

Feb 21, 2026

Description

Unit 125 — Ground-level studio condo with private patio located in the gated Park Ocean community near CSULB and the VA Medical Center. This spacious studio features an oversized living area, separate dressing room, air conditioning, and gated patio access creating ideal indoor-outdoor living. Park Ocean offers resort-style amenities including pools, spa, fitness center, clubhouse, BBQ areas, fireplace lounge, and beautifully landscaped park-like grounds. Community laundry is conveniently just across the hall. Ideal Long Beach location close to the beach, Belmont Shore, Seal Beach, shopping, dining, Long Beach Airport, and major freeways — making this home attractive for primary buyers, students, medical professionals, and investors searching for Long Beach condos near CSULB. Includes one assigned secured and gated parking space #188.

Location

Long Beach, Los Angeles County, CA 90804

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Listed by: Craig Cornwell · Coldwell Banker Realty

Payment estimate

$2,175

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $26,990 · Loan: $242,910

%
Principal & Interest
$1,492
Property tax (1.25%)
$281
Homeowners insurance
$300
Mortgage insurance
$101
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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 $9,447 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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