100 Atlantic Avenue 1005, Long Beach, California 90802, Long Beach, 90802 - 2 bed, 1 bath

100 Atlantic Avenue 1005, Long Beach, California 90802 home-pic-0
ACTIVE$450,000
100 Atlantic Avenue 1005, Long Beach, California 90802
2Beds
1Bath
730Sqft
22,568Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Extensive Remodel: The condo has undergone a comprehensive remodel, featuring new luxury vinyl flooring, fresh paint, modern light fixtures, brand-new kitchen cabinetry with stone countertops, and an updated bathroom, offering a modern, turn-key living experience.
Top Cons:
Single Bathroom for Two Bedrooms: The property features only one bathroom for two bedrooms, which may present convenience challenges for multiple residents or guests.

Compared to the nearby listings

Price:$450.0K vs avg $485.0K ($-35,000)42%
Size:730 sqft vs avg 881 sqft37%
Price/sqft:$616 vs avg $58958%

More Insights

Built in 1958 (67 years old).
Condition: Despite the building's 1958 construction, the condo unit has undergone an extensive and recent renovation, as described and confirmed by the images. The kitchen features brand-new cabinetry, stone countertops, a spacious sink, and modern white appliances. The bathroom has been updated with a new vanity, toilet, and medicine cabinet. New luxury vinyl flooring, fresh paint, and modern light fixtures are present throughout the unit, indicating that all components are virtually new and meet current quality standards, making it a turn-key property with no deferred maintenance.
Year Built
1958
Close
-
List price
$450K
Original List price
$525K
Price/Sqft
$616
HOA
$594.86
Days on market
-
Sold On
-
MLS number
PW25177758
Home ConditionExcellent
Features
Excellent View: City Lights, Landmark, Mountain(s), Neighborhood, Panoramic
Pool
ViewCity Lights,Landmark,Mountain(s),Neighborhood,Panoramic

About this home

Embrace the Southern California lifestyle in this remodeled 2-bedroom, 1-bathroom corner condo, where coastal charm meets contemporary design. Expansive windows in every room flood the space with natural light, framing panoramic vistas of Long Beach and Downtown Los Angeles, creating a serene backdrop for everyday living. The open-concept living space has been upgraded with new luxury vinyl flooring and baseboards, fresh paint, and modern light fixtures. The kitchen is equipped with brand-new cabinetry, stone countertops and a spacious sink, while the bathroom is updated with a new vanity, toilet, and medicine cabinet. The secured-entry building offers a refreshing community pool, perfect for enjoying the sunny California weather. With the beach, restaurants, art galleries, boutiques, and entertainment just steps away, you’ll feel right at home in this vibrant neighborhood. BONUS: Oil and mineral rights INCLUDED, offering a unique long-term value, making this condo not just a home, but a smart investment. Live the California dream in this turn-key condo—where style, comfort, and location come together to offer the best of Long Beach living. This building is located in a census track that qualifies for a $20,000 grant and special financing through City National Bank. Seller will consider any reasonable offer.

Nearby schools

7/10
Stevenson Elementary School
Public,K-50.3mi
6/10
Franklin Classical Middle School
Public,6-80.5mi
6/10
Polytechnic High School
Public,9-121.3mi
Condition Rating
Excellent

Despite the building's 1958 construction, the condo unit has undergone an extensive and recent renovation, as described and confirmed by the images. The kitchen features brand-new cabinetry, stone countertops, a spacious sink, and modern white appliances. The bathroom has been updated with a new vanity, toilet, and medicine cabinet. New luxury vinyl flooring, fresh paint, and modern light fixtures are present throughout the unit, indicating that all components are virtually new and meet current quality standards, making it a turn-key property with no deferred maintenance.
Pros & Cons

Pros

Extensive Remodel: The condo has undergone a comprehensive remodel, featuring new luxury vinyl flooring, fresh paint, modern light fixtures, brand-new kitchen cabinetry with stone countertops, and an updated bathroom, offering a modern, turn-key living experience.
Prime Coastal Location: Situated steps away from the beach, restaurants, art galleries, boutiques, and entertainment, providing a vibrant Southern California lifestyle with high walkability and convenience.
Panoramic Views & Natural Light: As a corner unit, expansive windows in every room flood the space with natural light and frame panoramic vistas of Long Beach and Downtown Los Angeles.
Unique Investment Value & Financial Incentives: Includes oil and mineral rights, offering potential long-term value, and qualifies for a $20,000 grant and special financing through City National Bank, enhancing its investment appeal.
Building Amenities & Security: The secured-entry building offers a refreshing community pool, adding to the lifestyle appeal and providing a sense of security for residents.

Cons

Single Bathroom for Two Bedrooms: The property features only one bathroom for two bedrooms, which may present convenience challenges for multiple residents or guests.
High Monthly HOA Fees: The association fee of $594.86 per month is substantial and adds significantly to the overall cost of ownership, potentially impacting affordability.
History of Price Reductions: The property has seen multiple price reductions from its original list price of $525,000 down to $450,000, which could suggest initial overpricing or difficulty in attracting buyer interest.

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