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Listed by Deanna Kenworthy • Deanna Kenworthy, Broker
$1,400,000
Est. payment /mo
69,332 SqFt
Active
850 East Ocean Boulevard Long Beach, CA 90802
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Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 69,332 sqft
Price per Sqft $20
MLS Listing ID PW-25054032
HOA Fees $1,444/mo
Year Built 1992
Lot Size 1.592 Acres
Property Sub-Type Condominium
Property Description
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.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBPD5
Interior
Interior Features Crown Molding, Balcony
Heating Central
Cooling Central Air
Flooring Carpet, Wood
Fireplaces Type None
Laundry Dryer Included, Electric Dryer Hookup, Individual Room, Inside, Washer Hookup, Washer Included
Exterior
Parking Features Gated
Garage Spaces 2.0
Pool Association, Gunite, In Ground
Community Features Sidewalks, Street Lights, Urban
View Y/N Yes
View Ocean, Marina, Catalina, Coastline
Building
Sewer Sewer Paid