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800 East Ocean #905, Long Beach, CA 90802

$548K1bd · 1ba · 839 sqft
Lot 51,693 sqft•HOA $1200/mo•Condominium•
Active
•53d on market•MLS# PW-26184472

Property Description

Investor opportunity at the iconic Villa Riviera! This 9th-floor, 1-bedroom, 1-bath condo offers approximately 839 square feet with sweeping views of the Pacific Ocean, Catalina Island, Queen Mary, and Long Beach coastline. The home blends historic character with functionality, featuring high ceilings, hardwood floors in the living area, a well-preserved vintage bathroom with original tile and tub, generous closet space, and flexible areas that can be used for storage or a home office. The unit is currently tenant occupied at market rent, with the lease in place through the end of June 2027, offering an investor immediate rental income with an established long-term tenant who would like to remain. Villa Riviera amenities include direct beach access, an oceanfront patio, barbecue area, shuffleboard, cabana with gas fire pit, and secure bicycle storage. HOA dues include cable, high-speed internet, electricity, gas, water, and trash. The unit is also Mills Act approved, offering the potential for significant property tax savings. A rare chance to own a tenant-occupied investment property in one of Long Beach’s most historic and recognizable coastal buildings.

Features & Amenities

FeeBuilt 1928

Property Details

Land Type
Fee
Year Built
1928
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
0
Garage Spaces
0
Heating
Central
Cooling
None
View
Ocean
Flooring
Carpet, Tile, Wood
City
Long Beach
Zip Code
90802
County
Los Angeles
Listed byThink Boutiq Real Estate, Kimberly Valdez

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,770.99
Principal & Interest
Loan Amount
$438,400
Total Interest
$559,155
Total Payment Over 30 Years
$997,555
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

800 East Ocean #905, Long Beach, CA 90802

Long Beach · Condominium

$548K
Affordable Tier
Beds
1
Baths
1
Sqft
839
Lot
1.19 ac
Year
1928
$/Sqft
$653
Pool: No✓
View: Ocean✓

Listed 42.3% above the median closed sale of $385,000. Price per sqft ($653) is a 12% premium to closed comps ($584).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $548K· $653/sqft
Total list price
Closed comps
vs closed median $385K
+$163K (+42.3%)
Active comps
vs active median $320K
+$228K (+71.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $610
+$43 (+7.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
140 LindenLong Beach19281153933,496$881$475,00027481
1015 E. Ocean Blvd.Long Beach195711617617$681$419,999274
5585 Pacific Coast Highway #214Long Beach1970115970$519$310,00010274
375 AtlanticLong Beach19691159011,000$542$320,0002474
335 Cedar AvenueLong Beach19651158514,978$427$250,0004774
Total: 5 · Average1.01.0585.615,022.75$610$354,999.889.8
Median590$320,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
5209 Marina PacificaLong Beach197410/02/2026118730$688,000$625,000$7160.912985
1825 3rd StreetLong Beach195509/30/2026218418,170$524,900$505,000$6000.9611078
100 Cerritos AvenueLong Beach195610/06/2026116907,529$339,000$339,000$4911.0011178
445 6thLong Beach198809/28/20261168022,580$399,000$377,500$5550.956777
552 BellflowerLong Beach197009/30/202611693559,615$399,888$385,000$5560.968275
Total: 5 · Average1.21.0755.4149,473.5$446,300$446,300$583.6—79.8
Median693$385,000$385,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.