
Long Beach, California 90802
This High-Potential Investment Opportunity is a 1-bedroom condominium listed at $359,900, positioned well below the $348,987 Fair Market Value by -3%. While the unit maintains a Condition Rating of 4, its prime Alamitos Beach location and rare in-unit laundry provide significant rental appeal. The property offers a stable entry point into the Long Beach Unified school district. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a coastal lifestyle with immediate move-in readiness.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 100 Cerritos Avenue 7 Subject | $354,900* List Price | 1 | 1 | 690 | $500 | - |
A 1273 E Appleton St 3 Sold | $362,000 | 1 | 1 | 860 | $421 | 0.2 mi |
B 219 Esperanza Ave #7 Sold | $365,000 | 1 | 1 | 603 | $605 | 0.2 mi |
C 100 Atlantic Sold | $370,000 | 2 | 1 | 820 | $451 | 0.4 mi |
D 1020 E 2nd Street 10 Sold | $420,000 | 1 | 1 | 643 | $653 | 0.1 mi |
E 933 E 1st Street 7 Sold | $338,000 | 1 | 1 | 629 | $537 | 0.1 mi |
F 102 Lime Avenue 6 Sold | $337,000 | 1 | 1 | 684 | $493 | 0.3 mi |
G 1633 East 1st Street 4 Sold | $385,000 | 1 | 1 | 823 | $468 | 0.4 mi |
H 1187 East 3rd Street 305 Sold | $319,000 | 1 | 1 | 779 | $409 | 0.2 mi |
I 1101 E Ocean Active | $359,900 List Price | 1 | 1 | 599 | $601 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the unit is freshly painted and move-in ready, it is a 1956 build with significantly dated finishes. The bathroom features original-style pink tiling and an older wall heater, and the kitchen utilizes decorative tile countertops, placing the primary systems and aesthetics well beyond the 20-year mark for modernization.
Situated in the highly desirable Alamitos Beach neighborhood, this property offers exceptional walkability to the beach, Bluff Park, and local dining and shopping.
A rare and high-value feature for condominiums in this area and age bracket, the inclusion of a private washer and dryer provides significant daily convenience.
The unit is freshly painted and features marble tile flooring and an open floor plan, allowing for immediate occupancy without the need for initial renovations.
The property relies on ceiling fans for climate control, which may be a drawback for buyers during increasingly warm Southern California summer months.
Built in 1956, the property may lack modern infrastructure such as dedicated parking or high-efficiency systems common in newer residential developments.
Welcome Home to 100 Cerritos Ave, where retro charm and Long Beach character come together in one of the city's most beloved coastal neighborhoods. Freshly painted and move-in ready, this Alamitos Beach gem pairs timeless appeal with a washer and dryer conveniently located inside conduminum —a sought-after feature that makes coastal living even more effortless. Just steps from the sand, Bluff Park, and a vibrant mix of local shopping and dining, this home captures the laid-back energy that makes Long Beach unlike anywhere else. Step inside to a bright, open floor plan that immediately feels like home. Ceiling fans throughout keep the space comfortable year-round, while marble tile flooring and decorative tile countertops in the kitchen bring a nod to the classic California aesthetic that defines this neighborhood. Generous kitchen storage and a separate dining area make everyday living and entertaining equally effortless, while the large bedroom provides a true retreat at the end of the day. Thoughtful details complete the package, with ample storage throughout ensuring everything has its place. This is Long Beach living in its most authentic form. Whether you are strolling the bluff at sunset, discovering a favorite new restaurant around the corner, or simply soaking in the salt air from your own front door, 100 Cerritos Ave delivers the lifestyle this city is known for.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.9 mi
Grades 6-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 690 | 926 |
| Lot Size | 7,529 | 30,781 |
| Price | $354.9K | $514.8K |
| Price per sq ft | $514 | $568 |
| Built year | 1956 | 1979 |
| HOA | $402.03 | $475 |
| Days on market | 36 | 76 |
Jul 2, 2026
$354,900
$359,900
-1% Price Drop
Initial Listing
Jun 16, 2026
$359,900
Initial Listing