100 Atlantic 711, Long Beach, California 90802, Long Beach, 90802 - 0 bed, 1 bath
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Long Beach, California 90802
This studio represents a High-Potential Investment Opportunity, listed at $265,000—positioned well above the $231,557 Fair Market Value by -14%. While the unit requires a full interior rehab given its Fair Condition Rating, the prime Downtown Long Beach location and access to $20K in down payment assistance provide significant upside. Featuring a Walk Score of 97 and community amenities like a pool, this asset is well-suited for Buy-and-Hold Investors or first-time buyers seeking a value-add project in a high-demand coastal market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 100 Atlantic 711 Subject | $265,000* List Price | 0 | 1 | 490 | $473 | - |
A 933 E 1st Street 7 Sold | $338,000 | 1 | 1 | 629 | $537 | 0.2 mi |
B 1825 E 3rd Street 1 Pending | $285,000 List Price | 0 | 1 | 460 | $620 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1958, this unit retains most of its original mid-century features. The kitchen and bathroom are significantly dated (30+ years) with worn cabinetry, laminate counters, and old fixtures. While the building has seen common area upgrades, the unit itself requires a full interior rehab to address the aging systems and finishes.
Boasting a Walk Score of 97, this property is situated just one block from the ocean in Downtown Long Beach, offering immediate access to top-tier dining, entertainment, and beaches.
The property qualifies for significant financial incentives, including potential $20,000 down payment assistance and special financing, making it an exceptionally attractive entry-level or investment opportunity.
Residents benefit from recent capital improvements including updated elevators, new interior flooring, enhanced security, and a private storage room, ensuring a well-maintained community environment.
On-site parking is currently subject to a waitlist, necessitating an additional monthly expense and the inconvenience of utilizing nearby off-site parking options.
At 490 square feet, the studio configuration and need for cosmetic finishing touches may limit appeal for buyers seeking more living space or a fully turnkey residence.
Welcome to the Royal Palms — a retro coastal gem just one block from Ocean in the heart of Downtown Long Beach! This south-facing studio on the 7th floor offers 490 square feet of mid-century character and incredible potential. Built in 1958, this all-electric unit features a space-saving Murphy bed and is ready for your personal vision and finishing touches. Convenient private storage room in community garage. The building has recently undergone a thoughtful upgrade, refreshed with updated interior paint, new flooring, and modernized elevators — with exterior repainting currently underway. A new security fence and call box provide added peace of mind, and on-site Amazon Lockers make everyday life more convenient. Community offers a refreshing pool and is pet friendly. With a Walk Score of 97, you're steps from grocery stores, top-rated restaurants, coffee shops, bakeries, and breweries. Minutes from Alamitos Beach, The Promenade, The Pike, Shoreline Village, the Aquarium of the Pacific, the Queen Mary, the Convention Center, and conveniently located near Long Beach City College and Cal State Long Beach. The building offers parking on a waitlist basis. In the meantime, nearby monthly parking options are available from approx $100-160/mo. Whether as a primary residence, pied-à-terre, or investment opportunity, this is coastal Long Beach living at its most convenient, right in the heart of Downtown....And as an added bonus, this property is located in a census tract that may qualify for $20K down payment assistance and special financing through City National Bank.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 1.0 | 7% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 490 | 853 | 6% |
| Lot Size | 22,568 | 25,055 | 48% |
| Price | $265.0K | $490.0K | 4% |
| Price per sq ft | $541 | $589 | 34% |
| Built year | 1958 | 1973 | 30% |
| HOA | $419.0 | $468 | 42% |
| Days on market | 24 | 151 | 1% |
May 14, 2026
$265,000
Initial Listing
May 13, 2026
$25,000
Initial Listing