
Long Beach, California 90802
This High-Potential Investment Opportunity is listed at $359,999, positioned well below the $376,864 Fair Market Value by 4%. This valuation gap offers $16,865 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit offers modern interior updates while maintaining a functional layout. Located in the heart of downtown Long Beach, this property is an ideal Buy-and-Hold Investor asset or a perfect entry point for first-time buyers seeking a coastal lifestyle near major 2028 Olympic developments.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 100 Atlantic Ave 310 Subject | $339,999* List Price | 1 | 1 | 600 | $569 | - |
A 1020 E 2nd Street 10 Sold | $420,000 | 1 | 1 | 643 | $653 | 0.3 mi |
B 100 Atlantic Avenue Sold | $399,000 | 1 | 1 | 600 | $665 | 0.0 mi |
C 100 Atlantic Avenue 906 Sold | $317,000 | 1 | 1 | 500 | $634 | 0.0 mi |
D 250 Linden Avenue 25 Sold | $310,000 | 1 | 1 | 597 | $519 | 0.2 mi |
E 102 Lime Avenue 6 Sold | $337,000 | 1 | 1 | 684 | $493 | 0.1 mi |
F 100 Atlantic Avenue #604 604 Sold | $406,000 | 2 | 1 | 730 | $556 | 0.0 mi |
G 100 Atlantic 902 Active | $369,900 List Price | 1 | 1 | 600 | $617 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates back to 1958, the unit itself has been well-maintained with recent cosmetic renovations including updated laminate flooring and an upgraded bathroom. It is move-in ready and functional, though the presence of popcorn ceilings and older window frames reflects the property's age.
Situated in the heart of downtown Long Beach, this property offers exceptional walkability to Alamitos Beach, the East Village Arts District, and major entertainment hubs like Shoreline Village and Pine Avenue.
The unit features contemporary upgrades including updated flooring and a modernized bathroom, providing a move-in-ready experience with a functional layout and abundant natural light.
Priced competitively for the area, the property stands to benefit from significant appreciation due to its proximity to upcoming 2028 Olympics developments and ongoing downtown revitalization.
The property was recently sold within the past year on 2025-08-04. The sold price is $200,000.00.
The building currently has a parking waitlist, which may be a significant drawback for residents in a dense urban area where street parking is limited and highly competitive.
With only 600 square feet of living space and no designated view, the unit may feel restrictive for buyers seeking more room or the scenic vistas typically associated with coastal living.
Welcome to this 1 bedroom, 1 bath condo located on the third floor of the beautiful Royal Palms building in downtown Long Beach. This 1958 Royal Palms unit offers a functional layout with updated flooring, an upgraded bathroom, and large windows for abundant natural light. Additional features include a parking waitlist option, secure building access, and a wonderful blend of city and beach lifestyle. Located in the heart of downtown, the unit is conveniently situated near Alamitos Beach, shopping in the East Village Arts District, Shoreline Village, the Pike, and Pine Avenue — with easy access to public transportation and a variety of dining and entertainment options. Don't miss this opportunity to own a piece of downtown Long Beach, with exciting developments ahead including the 2028 Olympics.
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 | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 600 | 853 | 16% |
| Lot Size | 22,564 | 28,583 | 43% |
| Price | $340.0K | $490.0K | 14% |
| Price per sq ft | $567 | $579 | 44% |
| Built year | 1958 | 1973 | 30% |
| HOA | $411.0 | $475 | 40% |
| Days on market | 0 | 158 | 1% |
Jun 11, 2026
$339,999
$359,999
-6% Price Drop
Initial Listing
May 21, 2026
$359,999
Initial Listing
Aug 4, 2025
$200,000
Public Record