100 Atlantic Avenue 609, Long Beach, California 90802, Long Beach, 90802 - 2 bed, 1 bath
ACTIVE$423,000
100 Atlantic Avenue 609, Long Beach, California 90802
2Beds
1Bath
820Sqft
22,568Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Exceptional Downtown Location: Situated in the heart of Downtown Long Beach, offering unparalleled walkability to the beach, entertainment, diverse restaurants, and convenient access to freeways and Belmont Shore.
Top Cons:
Substantial Monthly Association Fees: The monthly association fee of $627.0 is relatively high, adding a significant recurring cost to homeownership.
Compared to the nearby listings
Price:$423.0K vs avg $485.0K ($-62,000)33%
Size:820 sqft vs avg 881 sqft42%
Price/sqft:$516 vs avg $58528%
More Insights
Built in 1958 (67 years old).
Condition: Built in 1958, this condo has received updates to the kitchen with newer cabinets, countertops, and black appliances, and updated laminate flooring throughout. However, the kitchen's track lighting and the presence of window/portable AC units indicate outdated systems and aesthetics. While move-in ready and maintained, it shows signs of age and requires minor updates, particularly for cooling and a more contemporary feel, to align with current standards.
Year Built
1958
Close
-
List price
$423K
Original List price
$440K
Price/Sqft
$516
HOA
$627
Days on market
-
Sold On
-
MLS number
RS25176906
Home ConditionFair
Features
Good View: City Lights, Peek-A-Boo, Water
ViewCity Lights,Peek-A-Boo,Water
About this home
Welcome to the Royal Palms. This contemporary condo is on the sixth floor and has views of the city and a peekaboo view of the water. Inside, you have 2 bedrooms and 1 bathroom, and large windows to soak in the city and water view. The Royal Palms offers 24-hour security and a beautiful sparkling pool, recreation room, and spacious lobby. Downtown Long Beach offers great entertainment and fabulous restaurants. The condo is within walking distance to the beach and all of the things Downtown Long Beach has to offer. Close to FWYS and Belmont Shore. If you're looking to live in the heart of Downtown, please look no further.... SELLER IS OFFERING 1% OF THE PURCHASE PRICE TOWARDS THE BUYER'S CLOSING COSTS.
Nearby schools
7/10
Stevenson Elementary School
Public,•K-5•0.3mi
6/10
Franklin Classical Middle School
Public,•6-8•0.5mi
6/10
Polytechnic High School
Public,•9-12•1.3mi
Price History
Date
Event
Price
03/30/21
Sold
$409,000
09/16/15
Sold
$280,000
Condition Rating
Fair
Built in 1958, this condo has received updates to the kitchen with newer cabinets, countertops, and black appliances, and updated laminate flooring throughout. However, the kitchen's track lighting and the presence of window/portable AC units indicate outdated systems and aesthetics. While move-in ready and maintained, it shows signs of age and requires minor updates, particularly for cooling and a more contemporary feel, to align with current standards.
Pros & Cons
Pros
Exceptional Downtown Location: Situated in the heart of Downtown Long Beach, offering unparalleled walkability to the beach, entertainment, diverse restaurants, and convenient access to freeways and Belmont Shore.
Robust Building Amenities & Security: The Royal Palms provides residents with 24-hour security, a sparkling pool, a recreation room, and an inviting lobby, enhancing lifestyle and peace of mind.
Desirable City & Water Views: Enjoyable city views and a 'peekaboo' water view from the sixth floor, complemented by large windows that maximize natural light and scenic outlooks.
Buyer Closing Cost Incentive: The seller is offering a significant 1% of the purchase price towards the buyer's closing costs, providing a direct financial benefit.
Recent Price Reduction: The property has seen a recent price reduction from its original listing, potentially indicating increased value for buyers and seller motivation.
Cons
Substantial Monthly Association Fees: The monthly association fee of $627.0 is relatively high, adding a significant recurring cost to homeownership.
Limited Bathroom Count: With only one bathroom for two bedrooms, the property may present practical challenges for multiple occupants or entertaining guests.
Building Age: Constructed in 1958, the building's age, despite being described as a 'contemporary condo,' could imply potential for older infrastructure or higher maintenance costs over time compared to newer developments.