$1,400,000

850 E Ocean Blvd Unit 1506 Long Beach, CA 90802

$10,000
Closing credit¹
1.6 acres
Condo

Property details

About 850 E Ocean Blvd Unit 1506

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.

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Lot size1.5916 Acres
Year built1992
MLS #PW25054032
Garage2 spaces
ViewIsland, Other, Marina, Ocean

Summary

  • Appliances: Stove, Dishwasher, Electric Cooktop, Exhaust Fan, Electric Oven, Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Dryer, Washer
  • Flooring Type: Carpet, Wood
  • Interior: Balcony, Crown Molding, All Bedrooms Down, Entrance Foyer, Galley Kitchen, Walk-In Closet(s)
  • Fireplace: None
  • Garage Space: 2 spaces
  • Private Pool: No
  • View: Island, Other, Marina, Ocean
  • Heating: Central
  • Cooling: Central Air
  • List Price: $1,400,000
  • HOA Amount: $1,444
  • HOA Frequency: Monthly
  • Annual Tax Amount: $7,425
  • Tax Year: 2024
  • Directions: Please refer to your GPS for exact directions
  • Year Built: 1992
  • Stories: 1
  • Lot Size: 1.5916 Acres
  • MLS Number: PW25054032
  • MLS Name: CRMLS
  • Office Name: Deanna Kenworthy, Broker
  • Office Phone: (949) 533-9262
  • Listing Agent: Deanna Kenworthy

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2025, 12:55:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of building exterior featuring a view of city and a water view

$1,400,000

850 E Ocean Blvd Unit 1506

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 31, 2000
Home Sold
$390,000

Tax history

YearAssessmentProperty Tax
2024$576,130$7,425
2023$564,834$7,302
2022$553,760$6,850
2021$542,902$6,713
2020$537,336$6,616
2019$526,800$6,473
2018$516,472$6,405
2017$506,346$6,405

History based on county public records data.

Nearby schools

5

Robert Louis Stevenson Elementary School

Public District KG-5

0.5 mi

515 Lime Ave

5

Oropeza Elementary School

Public District KG-5

0.9 mi

700 Locust Ave

6

Lincoln Elementary School

Public District KG-5

1.1 mi

1175 E 11th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $49,947. Typical income of Long Beach, CA residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

32%
<35k
47%
35k-100k
16%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

77%
Single, No Kids
5%
Single, with Kids
14%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
2%
12-17 yrs old
33%
18-34 yrs old
47%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • TennisTennis
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • Crate & BarrelCrate & Barrel
  • H&MH&M

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • StarbucksStarbucks
  • ChipotleChipotle

What do the neighbors drive?

  • ToyotaToyota
  • BMWBMW
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • JazzJazz
  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 850 E Ocean Blvd Unit 1506

The listing price of 850 E Ocean Blvd Unit 1506 property is $1,400,000.

The property 850 E Ocean Blvd Unit 1506 is a condo located in Long Beach, California, 90802.

Active Listing: 850 E Ocean Blvd Unit 1506 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 850 E Ocean Blvd Unit 1506 are: Robert Louis Stevenson Elementary School (GreatSchools Rating 5/10), Oropeza Elementary School (GreatSchools Rating 5/10), Lincoln Elementary School (GreatSchools Rating 6/10), Franklin Classical Middle School (GreatSchools Rating 4/10), Washington Middle School (GreatSchools Rating 3/10), Jessie E. Nelson Academy (GreatSchools Rating 4/10), Renaissance High School for the Arts (GreatSchools Rating 5/10), Clear Passage Educational Center (GreatSchools Rating 1/10), Polytechnic High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2024 is $7,425 (source: MLS/based on county public records data).

The last sale was on July 31, 2000 for $390,000 (source: MLS/tax record).

The property at 850 E Ocean Blvd Unit 1506 has 0 bathroom.

The year of construction for 850 E Ocean Blvd Unit 1506 is 1992.

This home is located at 850 E Ocean Blvd Unit 1506 in Long Beach, CA and zip code 90802 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 12, 2025 and is currently priced at $1,400,000.

Over 70 listings were sold over their listed price in April 2025 in Long Beach, CA. In the same period over 65 listings were sold below the listed price and 38 listings were sold for the listed price. In April 2025 in Long Beach, CA there were 7.6% more homes for sale than in March. The median list price of listings available in April 2025 was $839,980, while the average time on the real estate market was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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