Laura Jewett

Laura Jewett

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$502,992

($47,716 down)
VA

1164 E Ocean Boulevard, Long Beach, CA 90802

1
1
902 sqft
PITI Monthly
$2,634.49 /mo

Listing courtesy of: Rene Guy, Collab Properties

Assumed Rate

2.87%
7.15%

Principal & Interest

$2,042 /mo
$3,326 /mo

What's Special

DINING
SPACIOUS
HARDWOOD FLOORS
PATIO
BIKE PATHS

Enjoy the refreshing ocean breeze and breathtaking views from this spacious, oversized 1-bed, 1-bath condo! Originally a 2-bedroom unit, it has been thoughtfully converted into a large 1-bedroom, offering an open and airy layout. The kitchen boasts a full direct ocean view, tile countertops, and a brand-new stainless steel stove, while the expansive living room features a beautiful partial ocean view. Gorgeous hardwood floors flow throughout the home, complementing the open floor plan that seamlessly connects the oversized living and dining areas. The building offers incredible amenities, including a large oceanfront community patio with direct ocean views, ample space for entertaining, and a gas BBQ for grilling. Additional storage options include generous closet space, attic storage, and a separate common area storage space. Nestled in the heart of Alamitos Beach, this highly desirable community provides private steps to the sand, direct access to the famous Long Beach Bike Paths, and proximity to beach volleyball courts. Plus, you're just minutes from iconic attractions like the Queen Mary, Shoreline Village, and the Marina. Don’t miss this rare opportunity to own a stunning coastal retreat!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.87
Remaining Loan Term
26 years, 6 months
Monthly PITI
$2,634.49/mo
Estimated Loan Balance
$457,175
Cash to close
$47,716
Interest Paid
$47,629

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: ForcedAir
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Tile, Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: CommonRoof
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Condominium
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: CommonRoof
Condition
  • Year Built: 1953
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Alamitos Beach (AB)
  • Features: Urban
HOA
  • Has HOA: Yes
  • HOA Name: Beach Cliff
  • HOA Amenities: Unknown
  • HOA Fee: $415
  • HOA Frequency: $Monthly
Location
  • Region: Long Beach

Financial Details

  • Price per Sqft: $557.64
  • Tax Annual Amount: $6287.4
  • On Market Date: 2025-02-14T00:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $47,716 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $47,716!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$455,276
Your Cash$47,716
Total Purchase Price:$502,992

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$2,042/mo
Traditional @ 7.5%
$3,450/mo
You save $1,408/month ($16,899/year)

*Secondary financing rates are an estimated value based on input

MLS ID: OC25034077

Listing From:

Last updated: 2025-03-31T00:19:10.000Z

© , CRMLS. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

2.87%
7.15%

Principal & Interest

$2,042 /mo
$3,326 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $47,716 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $47,716!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$455,276
Your Cash$47,716
Total Purchase Price:$502,992

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$2,042/mo
Traditional @ 7.5%
$3,450/mo
You save $1,408/month ($16,899/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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