360 W Ocean Boulevard #G
About This Property
Nestled within the iconic art deco Sovereign Building on Ocean Blvd, this beautifully refreshed studio condo offers the perfect blend of historic elegance, contemporary comfort, and proven income potential. Step inside to discover refinished wood flooring, a brand-new gourmet kitchen complete with quartz countertops, a gas stove/oven with a stylish range hood, and soft-close drawers and cabinets. The fully remodeled bathroom boasts new tile flooring and a luxurious frameless shower.
Currently thriving as a successful Airbnb rental with consistent bookings, this condo presents an exceptional turnkey investment opportunity.
Beyond your private sanctuary, enjoy the building's grand lobby with its original marble flooring, a 12th-floor library perfect for quiet contemplation, and a rooftop Solarium offering breathtaking views of the Queen Mary, harbor, ocean, and stunning sunsets. Additional conveniences include a community laundry room, secure access, and a storage area for your belongings.
Centrally located, you're just steps away from the vibrant energy of downtown Long Beach. Explore The Pike, the convention center, the Aquarium of the Pacific, and a plethora of coffee houses, shops, craft breweries, art galleries. With easy freeway access, the rest of Southern California is within your reach.
This unique condo is ideal for those seeking a blend of historic character, modern living, and a smart investment in the heart of Long Beach. Schedule your viewing today!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 14, 2025 | Sold | ||
| Sold | |||
| Jan 3, 2025 | In contract | - | |
| In contract | |||
| Jan 1, 2025 | Relisted | $365,000 | |
| Relisted | |||
| Dec 31, 2024 | In contract | - | |
| In contract | |||
| Nov 5, 2024 | Price Decreased |
$365,000
↓ $14K
(3.7%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/09/2026
|
1 Bed
|
1 Bath
|
951 ft²
|
$488,800
1 Bed
1 Bath
951 ft²
|
$468,000
-4.26%
07/02/2026
|
Victoria Boyadjian
Secured Capital Lending, Inc.
| |
|
01/22/2026
|
Studio
|
1 Bath
|
472 ft²
|
$337,500
Studio
1 Bath
472 ft²
|
$294,000
-12.89%
07/01/2026
|
Kathy Zajac
Kathy Zajac, Broker
| |
|
01/16/2026
|
Studio
|
1 Bath
|
347 ft²
|
$325,000
Studio
1 Bath
347 ft²
|
$305,000
-6.15%
06/18/2026
|
Ricardo Perdomo
Keller Williams Realty
| |
|
07/08/2025
|
1 Bed
|
1 Bath
|
500 ft²
|
$399,900
1 Bed
1 Bath
500 ft²
|
$379,999
-4.98%
08/27/2025
|
Lance Barker
RE/MAX Select One
| |
|
06/10/2025
|
1 Bed
|
1 Bath
|
599 ft²
|
$399,000
1 Bed
1 Bath
599 ft²
|
$369,000
-7.52%
12/03/2025
|
Victoria Posthuma
Sotheby's International Realty
| |
|
04/09/2025
|
Studio
|
1 Bath
|
490 ft²
|
$320,000
Studio
1 Bath
490 ft²
|
$297,500
-7.03%
10/02/2025
|
Joanne Ortiz
Berkshire Hathaway H.S.C.P.
| |
|
03/11/2025
|
Studio
|
1 Bath
|
469 ft²
|
$340,000
Studio
1 Bath
469 ft²
|
$340,000
05/16/2025
|
CHRISTOPHER CABALLERO
CENTURY 21 PRIMETIME REALTORS
| |
|
09/20/2024
|
Studio
|
1 Bath
|
492 ft²
|
$379,000
Studio
1 Bath
492 ft²
|
$350,000
-7.65%
01/14/2025
|
Lisa Bryant
T.N.G. Real Estate Consultants
| |
|
01/30/2024
|
1 Bed
|
1 Bath
|
599 ft²
|
$405,000
1 Bed
1 Bath
599 ft²
|
-
-
|
Nicole Acosta
Keller Williams - L.A. Harbor
| |
|
08/03/2024
|
Studio
|
1 Bath
|
472 ft²
|
$375,000
Studio
1 Bath
472 ft²
|
$349,000
-6.93%
09/19/2024
|
Michael Robinson
Solaris Property Group
| |
|
05/15/2024
|
2 Bed
|
1 Bath
|
951 ft²
|
$549,000
2 Bed
1 Bath
951 ft²
|
-
-
|
Frank Kenny
Keller Williams - South Bay
| |
|
04/08/2024
|
Studio
|
1 Bath
|
469 ft²
|
$345,000
Studio
1 Bath
469 ft²
|
$345,000
08/12/2024
|
Jennifer Ho
T.N.G. Real Estate Consultants
| |
|
02/28/2024
|
Studio
|
1 Bath
|
469 ft²
|
$375,000
Studio
1 Bath
469 ft²
|
-
-
|
Airazulema Alfaro
Keller Williams SELA
| |
|
07/29/2023
|
Studio
|
1 Bath
|
450 ft²
|
$379,000
Studio
1 Bath
450 ft²
|
-
-
|
Erika Miranda
Pinnacle Estate Properties, Inc.
| |
|
04/21/2023
|
1 Bed
|
1 Bath
|
951 ft²
|
$529,000
1 Bed
1 Bath
951 ft²
|
-
-
|
Monica Victorino
The Victorino Group
| |
|
03/23/2023
|
Loft
|
1 Bath
|
754 ft²
|
$390,000
Loft
1 Bath
754 ft²
|
-
-
|
Rhonda Cudeback
Keller Williams Pacific Estate
| |
|
03/09/2023
|
1 Bed
|
1 Bath
|
648 ft²
|
$399,000
1 Bed
1 Bath
648 ft²
|
-
-
|
Barbara Jones
Coldwell Banker Coastal Alliance
| |
|
01/26/2023
|
1 Bed
|
1 Bath
|
777 ft²
|
$430,000
1 Bed
1 Bath
777 ft²
|
-
-
|
Amy Cimetta
Vista Sotheby’s International Realty
| |
|
09/01/2022
|
1 Bed
|
1 Bath
|
951 ft²
|
$399,000
1 Bed
1 Bath
951 ft²
|
$375,000
-6.02%
10/24/2022
|
Delight Sittman
ReMax Tiffany Real Estate
| |
|
05/20/2022
|
1 Bed
|
1 Bath
|
777 ft²
|
$449,000
1 Bed
1 Bath
777 ft²
|
$449,000
08/30/2024
|
Tom Tokunaga
LB Brokerage, Inc
| |
|
03/01/2022
|
Studio
|
1 Bath
|
469 ft²
|
$375,000
Studio
1 Bath
469 ft²
|
-
-
|
George Wybaczynsky
T.N.G. Real Estate Consultants
| |
|
01/26/2022
|
Studio
|
1 Bath
|
469 ft²
|
$299,000
Studio
1 Bath
469 ft²
|
-
-
|
Linda Hunter
LB Brokerage, Inc
| |
|
12/16/2021
|
1 Bed
|
1 Bath
|
777 ft²
|
$429,000
1 Bed
1 Bath
777 ft²
|
-
-
|
Mark Farhad Yusupov
Keller Williams Beverly Hills
| |
|
10/28/2021
|
Studio
|
1 Bath
|
472 ft²
|
$374,900
Studio
1 Bath
472 ft²
|
-
-
|
JOSE ALVAREZ MEZA
RE/MAX TOP PRODUCERS
| |
|
09/17/2021
|
Studio
|
1 Bath
|
463 ft²
|
$250,000
Studio
1 Bath
463 ft²
|
-
-
|
Donna Herman
Keller Williams Coastal Prop.
| |
|
05/13/2021
|
2 Bed
|
1 Bath
|
951 ft²
|
$539,000
2 Bed
1 Bath
951 ft²
|
-
-
|
Kris Sujan
T.N.G. Real Estate Consultants
| |
|
12/10/2020
|
1 Bed
|
2 Bath
|
951 ft²
|
$549,900
1 Bed
2 Bath
951 ft²
|
-
-
|
-
| |
|
08/29/2020
|
Studio
|
1 Bath
|
472 ft²
|
$290,000
Studio
1 Bath
472 ft²
|
-
-
|
-
| |
|
08/17/2020
|
Studio
|
1 Bath
|
469 ft²
|
$295,000
Studio
1 Bath
469 ft²
|
-
-
|
-
| |
|
06/28/2020
|
Studio
|
1 Bath
|
469 ft²
|
$335,000
Studio
1 Bath
469 ft²
|
-
-
|
-
| |
|
01/16/2020
|
1 Bed
|
1 Bath
|
777 ft²
|
$399,990
1 Bed
1 Bath
777 ft²
|
$400,000
+0.00%
03/16/2020
|
Costanza Genoese Zerbi
Redfin Corporation
| |
|
12/23/2019
|
Studio
|
1 Bath
|
490 ft²
|
$299,000
Studio
1 Bath
490 ft²
|
-
-
|
-
| |
|
09/11/2019
|
1 Bed
|
1 Bath
|
472 ft²
|
$335,000
1 Bed
1 Bath
472 ft²
|
-
-
|
-
| |
|
08/20/2019
|
Studio
|
1 Bath
|
443 ft²
|
$293,000
Studio
1 Bath
443 ft²
|
$300,000
+2.39%
12/20/2019
|
Richard Harris
LF8 Real Estate Inc.
| |
|
02/23/2019
|
Studio
|
1 Bath
|
492 ft²
|
$224,900
Studio
1 Bath
492 ft²
|
$225,500
+0.27%
04/26/2019
|
Gwen Kelly
Broadmoor Realty, Inc.
| |
|
06/06/2019
|
1 Bed
|
1 Bath
|
777 ft²
|
$365,000
1 Bed
1 Bath
777 ft²
|
$355,000
-2.74%
09/20/2019
|
Sean Stanfield
Desert Sotheby's International Realty
| |
|
02/26/2019
|
1 Bed
|
1 Bath
|
617 ft²
|
$335,000
1 Bed
1 Bath
617 ft²
|
$340,000
+1.49%
05/17/2019
|
Michelle Fowler
Century 21 Award
| |
|
01/24/2019
|
Studio
|
1 Bath
|
472 ft²
|
$259,000
Studio
1 Bath
472 ft²
|
$255,000
-1.54%
04/26/2019
|
Gwen Kelly
Broadmoor Realty, Inc.
| |
|
12/27/2018
|
1 Bed
|
1 Bath
|
777 ft²
|
$349,000
1 Bed
1 Bath
777 ft²
|
$345,000
-1.15%
02/05/2019
|
Gwen Kelly
Broadmoor Realty, Inc.
| |
|
12/07/2018
|
Studio
|
1 Bath
|
443 ft²
|
$270,000
Studio
1 Bath
443 ft²
|
$215,000
-20.37%
02/01/2019
|
Francisco Ramos
The Ave
| |
|
08/11/2018
|
2 Bed
|
1 Bath
|
951 ft²
|
$399,000
2 Bed
1 Bath
951 ft²
|
$385,000
-3.51%
09/21/2018
|
Barbara Jones
Coldwell Banker Coastal Alliance
| |
|
05/30/2018
| |
2 Bed
|
1 Bath
|
951 ft²
|
-
2 Bed
1 Bath
951 ft²
|
-
-
|
-
|
|
06/15/2018
|
Studio
|
1 Bath
|
472 ft²
|
$210,000
Studio
1 Bath
472 ft²
|
$240,000
+14.29%
07/20/2018
|
Tom Chang
Ashby & Graff
| |
|
09/02/2017
| |
1 Bed
|
1 Bath
|
671 ft²
|
-
1 Bed
1 Bath
671 ft²
|
-
-
|
-
|
|
08/21/2017
|
1 Bed
|
1 Bath
|
671 ft²
|
$299,900
1 Bed
1 Bath
671 ft²
|
$310,000
+3.37%
10/04/2017
|
Mark Vinton
LB Brokerage, Inc
|
Building Info
- 2 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017