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455 E Ocean Blvd APT 502, Long Beach, CA, 90802

1beds
1baths
1,029sqft
$429,000
$417price/sqft
$3,195/moest. monthly cost
$127,800/yrincome needed

About This Home

** BEST DEAL IN THE BUILDING ! ** Fantastic Corner Unit in The Historic Cooper Arms Building on Ocean Boulevard in the Heart of Downtown Long Beach! Featuring an open modern-concept layout w/ breathtaking panoramic views of the city to the bay, this spacious 5th floor unit has oversized newer dual-pane windows w/ lots of natural light & wood parquet flooring throughout. Living room w/ ceiling fan & built-ins. Adjacent dining area w/ chandelier. Balcony w/ fantastic panoramic views - the perfect place for a morning coffee or afternoon cocktail! Upgraded kitchen w/ stone countertops, designer backsplash, & dine-in bar. Exposed wood-beam ceilings & brick walls throughout. Spacious bedroom w/ remodeled bathroom. 2 large cedar-lined walk-in closets w/ abundant storage. Building amenities include controlled access, on-site management, secure package lockers, bike storage, community laundry in the basement, courtyard w/ BBQ & picnic area, main level Grand Salon & top floor solarium. Walking distance to the shoreline & the best shopping, dining, & entertainment the area has to offer. A unique opportunity to own a piece of history in one of the best locations in the city!

Getting Around

94
WalkingWalker's Paradise
74
TransitExcellent Transit
77
BikeVery Bikeable

Schools

5/10
7/10
Polytechnic High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1923

Type & Style

  • Home type: Condo
  • Architectural style: Art Deco
  • Property subType: Residential,Condominium

Interior

Appliances

  • Appliances included: Range/Oven
  • Laundry features: Laundry Area

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Ceiling Fan(s)
  • Flooring: Parquet,Cement
  • Fireplace features: None

Heating & Cooling

  • Heating features: Radiant
  • Cooling features: None

Interior Area

  • Total structure area: 1,029
  • Total interior livable area: 1,029 sqft

Property

Details

  • Parcel number: 7281027046
  • Attached to another structure: Yes
  • Zoning: LBCB
  • Special condition: Notice Of Default

Features

  • Levels: One
  • Pool features: None
  • Has view: Yes
  • View description: City Lights,Coastline,Marina,Panoramic
  • Has water view: Yes
  • Water view: Coastline,Marina

Lot

  • Lot size: 0.46 Acres

Parking

  • Parking features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingVery High
  • Coastal Flooding
    Coastal FloodingModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Coastal Flooding
Heat Wave
Tsunami
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,169$26,028
Home Insurance *$149$1,788
Property Taxes $479$5,748
Electricity $398$4,786
Total$3,195$38,340
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$109,542/yr
40% on housing$95,850/yr
45% on housing$85,200/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$417This listing

vs Other Active Listings

Avg $/sqft

ZIP 90802$339
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90802$632
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2022-07-29Sold$575,000
2022-07-21Pending sale$575,000
2022-07-08Contingent$575,000
2022-06-21Listed for sale$575,000
2003-12-30Sold$280,000
2002-03-26Sold$84,000

Pre-Foreclosure

AgentOliver Moussazadeh
BrokerageRevilo Realty, Inc.

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