
Long Beach, California 90802
This 9th-Floor Value-Add Asset is a Trust Sale listed at $415,000, positioned near its $387,584 Fair Market Value following substantial price corrections. The property carries a Poor Condition Rating due to its original 1958 kitchen and bathroom, offering a prime canvas for forced appreciation through modernization. Beyond the interior, the unit boasts Panoramic City Views and a location in the East Village Arts District near Stevenson Elementary within the Long Beach Unified district. This high-floor unit represents a strategic renovation project for Fix-and-Flip Investors or Contractors looking to capitalize on the Downtown Long Beach market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 100 Atlantic Avenue 905 Subject | $415,000* List Price | 2 | 1 | 905 | $428 | - |
A 433 Atlantic 6 Sold | $485,000 | 2 | 1 | 922 | $526 | 0.3 mi |
B 1244 E 3rd #201 Sold | $510,000 | 2 | 2 | 987 | $517 | 0.5 mi |
C 1273 E Appleton Street 4 Sold | $360,000 | 1 | 1 | 827 | $435 | 0.6 mi |
D 525 E Seaside Way 1911 Sold | $489,000 | 1 | 1 | 822 | $595 | 0.2 mi |
E 933 E 1st Street 7 Sold | $338,000 | 1 | 1 | 629 | $537 | 0.2 mi |
F 800 E Ocean Sold | $391,500 | 0 | 1 | 701 | $558 | 0.2 mi |
G 100 Atlantic Active | $409,000 List Price | 2 | 1 | 820 | $499 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1958, this unit features a highly dated kitchen with tile countertops, an electric coil cooktop, and original-style wood cabinets, along with a bathroom showcasing pink tile, a pink tub, and an outdated vanity. While freshly painted, these critical areas require substantial rehabilitation and modernization to meet current standards and buyer expectations, aligning with the 'Poor' condition criteria for properties built over 30 years ago with components likely renovated 30-50+ years ago or original.
Situated in the vibrant East Village Arts District of Downtown Long Beach, offering immediate access to dining, shopping, entertainment, and a short walk to the beach.
Located on the 9th floor, the unit provides stunning city and neighborhood views, enhancing the living experience.
Features 24-hour gated security, a pool, BBQ area, conference room, and on-site laundry facilities, ensuring convenience and peace of mind.
The association fee of $594.86 is relatively high, impacting monthly ownership costs.
Multiple price drops from the original $500,000 to $428,000 suggest potential overpricing or challenges in market absorption.
A single bathroom for a two-bedroom unit may be a functional limitation for some buyers, and the 1958 build year could imply older infrastructure or potential for future maintenance.
Welcome to your new home with a view at The Royal Palms, located in the vibrant East Village Arts District of Downtown Long Beach, just a short distance to the beach! This charming 2 bedroom, 1 bathroom condo is on the 9th floor, offering stunning city views. The condo features 905 square feet of living space, perfect for comfortable urban living. The unit has been freshly painted and the living room showcases the spectacular view. The building offers 24-hour gated security for peace of mind, a conference room, a pool and BBQ area and well-maintained common areas. There are convenient laundry facilities on site, and the community is very walkable, with dining, shopping and entertainment right outside your front door. This is an excellent opportunity to experience the best of Long Beach living! Trust Sale.
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 | 2.0 | 1.0 | 53% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 905 | 881 | 51% |
| Lot Size | 22,568 | 22,651.199 | 48% |
| Price | $415.0K | $489.0K | 35% |
| Price per sq ft | $459 | $579 | 7% |
| Built year | 1958 | 1973 | 32% |
| HOA | $594.86 | $475 | 63% |
| Days on market | 349 | 187 | 95% |
Mar 19, 2026
$415,000
$428,000
-3% Price Drop
Initial Listing
Feb 2, 2026
$428,000
$459,800
-7% Price Drop
Initial Listing
Jan 6, 2026
$459,800
$465,000
-1% Price Drop
Initial Listing
Oct 4, 2025
$465,000
Initial Listing
May 8, 2025
$500,000
Initial Listing