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488 Ocean Blvd

Long Beach, CA 90802

2 bd 2 ba 1,160 sqft Built 2004 Lot 120,481 sqft condos
Most recent sale
$725,000
Aug 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 11, 2022 Sold $725,000 MLS #22-131141
Jun 9, 2022 Listed $689,000 MLS #22-131141
Jul 18, 2012 Sold $395,000 MLS #P824378
Jun 4, 2012 Listed $399,900 MLS #P824378
May 19, 2006 Sold $713,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $370,977 $205,247 $576,224 $7,713
2024 $370,977 $205,247 $576,224 $7,377
2023 $356,572 $197,278 $553,850 $7,250
2022 $284,296 $174,055 $458,351 $5,713
2021 $278,722 $170,643 $449,365 $5,584
2020 $275,865 $168,894 $444,759 $5,568
2019 $270,456 $165,583 $436,039 $5,499
2018 $265,153 $162,337 $427,490 $5,380
2017 $259,954 $159,154 $419,108 $5,321
2016 $254,857 $156,034 $410,891 $4,948
2015 $251,029 $153,691 $404,720 $4,748
2014 $246,112 $150,681 $396,793 $4,711
2013 $245,000 $150,000 $395,000 $4,565
2012 $216,000 $109,000 $325,000 $4,004
2010 $293,000 $148,000 $441,000 $5,152
2009 $393,400 $199,400 $592,800 $6,815
2008 $492,629 $249,696 $742,325 $8,050
2007 $482,970 $244,800 $727,770 $7,871

Property facts

Year built
2004
Property type
condos
Stories
19
Beds
2
Baths
2
Living area
1,160 sqft
Lot size
120,481 sqft
ZIP code
90802
City
Long Beach
Street
Ocean Blvd
Coordinates
33.76626, -118.18750

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,712
Gross rental yield
6.14%
Implied cap rate
3.99%
Trend-extrapolated value

Frequently asked questions

When did 488 Ocean Blvd last sell?
488 Ocean Blvd most recently sold on Aug 11, 2022 for $725,000.
What is the current tax assessment for 488 Ocean Blvd?
The most recent total assessment for 488 Ocean Blvd (year 2025) is $576,224 with $7,713 in property tax.
How does 488 Ocean Blvd's assessment compare to its last sale price?
The current assessment is 20.5% below the last sale price of $725,000.
When was 488 Ocean Blvd built?
488 Ocean Blvd was built in 2004.
How does 488 Ocean Blvd compare to others on Ocean Blvd?
We track 8 other properties on Ocean Blvd. Browse the list under "Other properties on Ocean Blvd" to compare beds, baths, and sale history.
What are the property facts for 488 Ocean Blvd?
488 Ocean Blvd is a 2 bed, 2 bath, 1,160 sqft, 120,481 sqft lot condos.
Is 488 Ocean Blvd a flip candidate?
No — 488 Ocean Blvd does not appear in our flips dataset.
Is 488 Ocean Blvd a tax-appeal candidate?
No — 488 Ocean Blvd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.1%
Implied 1-yr
-8.5%
2026 Q3
$602.1K
2026 Q4
$587.2K
ZIP 90802 — Median Price History + Forecast

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