Condo / High-rise home in 1500 E Ocean #718 Long Beach, CA
This 1,551-square-foot Condo condo in Long Beach, CA includes 3 bedrooms and 2 bathrooms. The Condo styling carries through the home's design.
| Price | $1,395,000 |
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| Beds | 3 |
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| Baths | 2 |
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| Sqft | 1551 |
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| Architectural style | Condo / High-rise (91% match) |
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| Address | 1500 E Ocean #718 Long Beach, CA 90802 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced above comparable homes.
- At $1.4M, this home is 161% above the $535K median for 214 similar Condo / High-rise homes in Long Beach, CA.
- That works out to $899 per square foot, 58% above the $568 comparable rate.
- On the market 21 days.
| This home | $1,395,000 |
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| Condo / High-rise median in Long Beach, CA | $535,000 (214 homes) |
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| Price per sq ft | $899 vs. $568 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $9,554/month with 20% down at a 7.28% 30-year fixed rate. You would need about $409,454 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $7,636/mo |
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| Property tax (new-buyer reassessed rate) | $1,395/mo |
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| Homeowners insurance | $523/mo |
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| Total monthly | $9,554/mo |
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| Down payment (20%) | $279,000 |
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| Income needed | $409,454/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B- (67 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B- (67/100) |
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| Beats renting in | 20% of modeled paths |
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| Modeled 5-yr equity (median) | $723,287 |
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| Range (10th to 90th pct) | $441,928 to $1,062,418 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward US where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Movoto