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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
•72d 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 5.4% above the median closed sale of $520,000.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $548K· $653/sqft
Total list price
Closed comps
vs closed median $520K
+$28K (+5.4%)
Active comps
vs active median $540K
+$8K (+1.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $690
−$37 (−5.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
800 OceanLong Beach19281184351,693$711$599,0005999
1140 Ocean BoulevardLong Beach19731173257,149$738$540,000385
1140 OceanLong Beach19731173257,149$695$509,000585
1140 Ocean BoulevardLong Beach19731173257,149$738$540,0001085
700 Ocean BoulevardLong Beach19651288033,204$567$499,0005184
Total: 5 · Average1.01.2783.851,268.8$689.8$537,40025.6
Median732$540,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
800 OceanLong Beach192807/07/20261184551,693$599,000$599,000$7091.004998
800 Ocean BoulevardLong Beach192805/27/20261186851,693$552,000$535,000$6160.976796
800 Ocean BoulevardLong Beach192804/28/20261186451,693$555,000$520,000$6020.948296
525 Seaside WayLong Beach199005/15/20261182240,544$499,000$499,000$6071.0020587
1030 OceanLong Beach192212/23/20251174021,096$499,000$490,000$6620.986185
Total: 5 · Average1.01.0827.843,343.8$528,600$528,600$639.2—92.8
Median845$520,000$520,000

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.