Keegan Cin | Realtor® | License # DRE 01971604

Property

Long Beach, CA 90802 850 E Ocean Boulevard 1506

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Presented By: Deanna Kenworthy with Deanna Kenworthy, Broker; 949-533-9262
  • MLS# PW25054032
  • 03/11/2025
  • Request Tour
  • Request Info
  • Beds • 2
  • Baths • 1
  • SQFT • 69,332
  • Garage • 2
  • Year Built • 1992

Home Details

With unparalleled sophistication and design, this 2-bedroom, 2-bath "Pacific High-Rise Penthouse" offers an exceptional opportunity for investors seeking to expand their portfolio with a high-demand, turn-key property. Situated 15 stories above the Long Beach shoreline, this 1,587 sq. ft. penthouse offers a unique blend of California coastal living & modern urban elegance. Recently remodeled with timeless improvements in both beauty and functionality, this residence is fully move-in ready, requiring no additional updates or upgrades, ensuring immediate rental or resale potential.The thoughtful design and high-end finishes throughout make this property an attractive option for long-term value appreciation.This penthouse features highly sought-after in one of California's most prime coastal locations.The kitchen is equipped with stainless steel appliances, custom cabinetry, and hand-selected granite countertops, offering both aesthetic appeal and high functionality. These features add value to the space, making it attractive for prospective renters or future buyers. The expansive living area flows effortlessly onto a large balcony, where panoramic views of the Pacific Ocean, marina, and Queen Mary enhance the overall appeal, creating a standout offering in the competitive luxury rental market. The oversized owner's suite is a true urban retreat, offering a spacious walk-in closet and an en suite bathroom featuring a spa-quality walk-in shower and custom design elements. These luxury finishes not only contribute to tenant satisfaction but also ensure the property remains highly desirable in the luxury market. Additionally, the property includes valuable amenities such as on-site storage closets and two dedicated parking spaces, adding convenience and further increasing the property's appeal to high-end renters or future buyers. The Pacific offers on-site guest suite accommodations and signature services, all contributing to a premium living experience that will ensure consistent demand for the property.This residence is a sound investment for those looking to secure a property that combines high-end design with functionality, offering strong rental or resale potential. Tenants benefit from the building’s premier services and amenities, elevating the appeal of your portfolio with this high-value asset.
Presented By: Deanna Kenworthy with Deanna Kenworthy, Broker; 949-533-9262

Interior Features for 850 E Ocean Boulevard 1506

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Wood
Heating Y/NYes
Laundry FeaturesWasherHookup, ElectricDryerHookup, Inside, LaundryRoom
Total Stories1

Other Rooms

Entry Level1

General for 850 E Ocean Boulevard 1506

Additional Parcels Y/NNo
AppliancesSixBurnerStove, Dishwasher, ElectricCooktop, ExhaustFan, ElectricOven, Freezer, Disposal, IceMaker, Microwave, Refrigerator, SelfCleaningOven, VentedExhaustFan, Dryer, Washer
Assoc Fee Paid PerMonthly
Association AmenitiesClubhouse, FirePit, GameRoom, MeetingRoom, MeetingBanquetPartyRoom, OutdoorCookingArea, Barbecue, PicnicArea, Pool, PetRestrictions, PetsAllowed, Sauna, SpaHotTub
Association NameThe Pacific HOA
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
Community FeaturesStreetLights, Sidewalks, Urban
CoolingCentralAir
CountyLos Angeles
DirectionsPlease refer to your GPS for exact directions
Electric Expense0.0
Electric On Property Y/NNo
Entry Location15
Fuel Expense0.0
Garage Spaces2.0
Garage Y/NYes
Gross Income3560.0
HOAYes
HOA Fee$1444.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense0.0
Interior FeaturesBalcony, CrownMolding, AllBedroomsDown, EntranceFoyer, GalleyKitchen, WalkInClosets
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCashToNewLoan
Lot Size Square Feet69332.0
Lot Size UnitsSquareFeet
MLS Area4 - Downtown Area, Alamitos Beach
MobileHomeRemainsYNNo
Net Operating Income3560.0
New ConstructionNo
Number Of Units Total1
Number of Units Leased1
Operating Expense1440.0
Pool FeaturesGunite, InGround, Association
Property Attached Y/NYes
Property Sub Type AdditionalCondominium
Property SubtypeCondominium
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerSewerTapPaid
Spa FeaturesAssociation, Gunite, InGround
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Subdivision NameThe Pacific
Tax Lot1
Tenant PaysElectricity, Insurance
Total Actual Rent5000.0
Trash Expense0.0
Unit Number1506
ViewCatalina, Coastline, Marina, Ocean
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1992
Year Built SourceAssessor
ZoningLBPD5

Exterior for 850 E Ocean Boulevard 1506

Building Area Total69332.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres1.5916
Lot Size Area69332.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters1
Number of Separate Gas Meters0
Number of Separate Water Meters0
Open Parking Y/NNo
Private PoolNo
SpaYes
Total Parking2.0

Additional Details

Price History

Keegan Cin

Team Lead
Price $1,400,000
MLS#PW25054032
List Date 03/11/2025
Property Type Multi-Family
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Request Info
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