ActiveCondominium

5585 E Pacific Coast

Long Beach, CA, 90804

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$295,000

MLS: PW25241577

Beds

0

Baths

1

Sq Ft

418

Lot

3.39 ac

Year Built

1970

MLS #

PW25241577

Days on Market

111

Listed

Oct 16, 2025

Description

Great Studio Condo in the Desirable Park Ocean Community — Near Cal State Long Beach! Discover this beautifully upgraded studio condominium perfectly located near California State University, Long Beach (CSULB). Ideal for a student, busy professional, first-time buyer, or investor, this unit offers excellent flexibility and value in a high-demand rental area. Step inside and experience a spacious open-concept layout with a large picture window overlooking the lush, park-like community grounds. The seller has invested tens of thousands of dollars in upgrades, including a fully remodeled kitchen with new cabinets, sink, and recessed lighting throughout, along with new flooring that ties the open space together seamlessly. The all-electric kitchen features ample cabinetry, generous counter space, and a convenient breakfast bar perfect for dining or entertaining. The hallway provides extra storage, while the double-wide closet near the bathroom offers plenty of space for clothing and personal items. The bathroom features a new vanity, sink, and mirrors, plus a tub/shower combo for added comfort. Enjoy resort-style living with Park Ocean’s outstanding amenities, including: Sparkling swimming pool & spa BBQ area and modern community clubhouse Tennis/sport court Multiple laundry facilities Garage parking with ample assigned spaces Located within walking distance of CSULB and just minutes from shopping, restaurants, Recreation Park, Long Beach Golf Course, and the Billie Jean King Tennis Center, this condo combines comfort, convenience, and lifestyle. With easy access to the 22, 405, and 605 freeways and nearby public transportation, commuting is a breeze. Whether you’re looking for a smart investment or a stylish new home, this Park Ocean studio is a must-see!

Location

Long Beach, Los Angeles County, CA 90804

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Listed by: Bernard Moran · Coldwell Banker Envision

Payment estimate

$2,349

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $29,500 · Loan: $265,500

%
Principal & Interest
$1,631
Property tax (1.25%)
$307
Homeowners insurance
$300
Mortgage insurance
$111
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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 $10,325 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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