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360 W Ocean Blvd G, Long Beach, CA 90802

Sale Price: $350,000
Sep 26, 2024492 sqft0 beds1 baths
Listed by: Lisa Bryant
License #: 01996856
Phone #: 7147191923
Major League Properties
Source:
CRMLS Logo
MLS #: PW24196748

Property Description

Historic Charm Meets Modern Living and Lucrative Investment in Downtown Long Beach. One of the few buildings in Long Beach that allow Airbnb. This is a great investment opportunity. Nestled within the iconic art deco Sovereign Building on Ocean Blvd, this beautifully refreshed studio condo offers the perfect blend of historic elegance, contemporary comfort, and proven income potential. Step inside to discover refinished wood flooring, a brand-new gourmet kitchen complete with quartz countertops, a gas stove/oven with a stylish range hood, and soft-close drawers and cabinets. The fully remodeled bathroom boasts new tile flooring and a luxurious frameless shower. Currently thriving as a successful Airbnb rental with consistent bookings, this condo presents an exceptional turnkey investment opportunity. Beyond your private sanctuary, enjoy the building's grand lobby with its original marble flooring, a 12th-floor library perfect for quiet contemplation, and a rooftop Solarium offering breathtaking views of the Queen Mary, harbor, ocean, and stunning sunsets. Additional conveniences include a community laundry room, secure access, and a storage area for your belongings. Centrally located, you're just steps away from the vibrant energy of downtown Long Beach. Explore The Pike, the convention center, the Aquarium of the Pacific, and a plethora of coffee houses, shops, craft breweries, art galleries. With easy freeway access, the rest of Southern California is within your reach. This unique condo is ideal for those seeking a blend of historic character, modern living, and a smart investment in the heart of Long Beach. Schedule your viewing today!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$5,121

TurboHome Estimated Value

$353,200

$718 sqft

High Valuation
$370,860
$754/sqft
Normal Valuation
$353,200
$718/sqft
Low Valuation
$335,540
$682/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$718/sqft$353,200

Neighborhood: Downtown

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Comparative Value

$290K

$325K

$340K

$349K

$365K

315 W 3rd St 512, Long Beach, CA 90802

Sale Price: $290,000

Selected Comparable

315 W 3rd St 1003, Long Beach, CA 90802

Sale Price: $325,000

Selected Comparable

360 W Ocean Blvd 1004, Long Beach, CA 90802

Sale Price: $340,000

Selected Comparable

360 W Ocean Blvd 503, Long Beach, CA 90802

Sale Price: $349,000

Selected Comparable

360 W Ocean Blvd G, Long Beach, CA 90802

Sale Price: $350,000

Selected Comparable

360 W Ocean Blvd G, Long Beach, CA 90802

List Price: $365,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
360 W Ocean Blvd G, Long Beach, CA 90802

360 W Ocean Blvd G, Long Beach, CA 90802

List: $365,000

Listed: 9/26/2024

Area:492 sqft
Price/sqft:$742
Beds:
Baths:1
Year Built:
Lot Size:7,371

Comparable Properties

COMPARABLE
Choose comps
315 W 3rd St 512, Long Beach, CA 90802

315 W 3rd St 512, Long Beach, CA 90802

Sale: $290,000

6/17/20250.28 mi

Area:487 sqft
Price/sqft:$595
Beds:
Baths:1
Year Built:
Weight:20.9%
360 W Ocean Blvd 1004, Long Beach, CA 90802

360 W Ocean Blvd 1004, Long Beach, CA 90802

Sale: $340,000

5/16/20250.00 mi

Area:469 sqft
Price/sqft:$725
Beds:
Baths:1
Year Built:
Weight:20.9%
360 W Ocean Blvd G, Long Beach, CA 90802

360 W Ocean Blvd G, Long Beach, CA 90802

Sale: $350,000

1/14/20250.00 mi

Area:492 sqft
Price/sqft:$711
Beds:
Baths:1
Year Built:
Weight:20.6%
360 W Ocean Blvd 503, Long Beach, CA 90802

360 W Ocean Blvd 503, Long Beach, CA 90802

Sale: $349,000

9/19/20240.00 mi

Area:472 sqft
Price/sqft:$739
Beds:
Baths:1
Year Built:
Weight:19.4%
315 W 3rd St 1003, Long Beach, CA 90802

315 W 3rd St 1003, Long Beach, CA 90802

Sale: $325,000

8/12/20250.28 mi

Area:475 sqft
Price/sqft:$684
Beds:1
Baths:1
Year Built:
Weight:18.1%

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