1018 Palo Verde Avenue, Long Beach, California 90815, Long Beach, 90815 - 3 bed, 3 bath
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1018 Palo Verde Avenue
Long Beach, California 90815
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,816Sq Ft
1,142Lot Size
Property Price
LIST PRICE$799,500
EST. MARKET VALUE
$799,500
SUMMARY
This Turnkey Townhouse represents a Strong Value Opportunity, listed at $799,500—positioned well below the $886,069 Fair Market Value by 9%. This valuation gap provides $86,569 in Instant Equity for the buyer. Boasting a Condition Rating of 2, the property features a newly remodeled interior and modern HVAC systems. Located in the secure, guard-gated Bixby Hill community near top-rated schools like Kettering Elementary, this residence is an ideal choice for Owner-Occupants or first-time buyers seeking a premium, move-in-ready lifestyle.
Estimated Market Value
$799,500
Based on Realkey algorithm analyzing recent comparable sales in Long Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1018 Palo Verde Avenue Subject 3 bd · 3 ba · 1,816 sqft · $440 | $799,500* List Price | 3 | 3 | 1,816 | $440 | - |
A 1030 Palo Verde Avenue Sold 2 bd · 3 ba · 1,816 sqft · $493 · 0.0 mi | $895,000 | 2 | 3 | 1,816 | $493 | 0.0 mi |
B 1028 Palo Verde Avenue Active 3 bd · 3 ba · 1,800 sqft · $436 · 0.0 mi | $785,000 List Price | 3 | 3 | 1,800 | $436 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1973, the property is explicitly described as 'newly remodel,' placing it in the <5-year renovation category. It features updated HVAC systems (A/C and forced air) and is in mint condition.
PROSSTRENGTHS & OPPORTUNITIES
- Secure Gated Community
Located in the prestigious Bixby Hill, the property features 24-hour guard-gated security, providing an elite level of safety and privacy for residents.
- Turnkey Remodeled Interior
The townhouse has been newly remodeled with modern finishes, offering a move-in-ready experience that eliminates the need for immediate renovation costs.
- Prime Educational & Commuter Location
Situated within walking distance of Cal State Long Beach and providing rapid access to the 405 and 605 freeways, the location is ideal for students, faculty, and professionals.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The $410 monthly association fee represents a significant recurring carrying cost that may impact the overall affordability for budget-conscious buyers.
- Limited Outdoor Space
With a lot size of only 1,142 square feet for an 1,800 square foot residence, the property offers minimal private land and outdoor utility compared to detached single-family homes.
About 1018 Palo Verde Avenue
A newly remodel townhouse in a 24 hours guard gated Bixby Hill. Private Courtyard, 3 bedroom 2 1/2 bathroom , an inside laundry, A/C forced Air Heated ,direct access 2 car garage. Great location, walking to the public transportation, Cal State University of Long Beach Campus .Easy access to 405 and 605 freeways, close to dining and shopping centers. A must see!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1973
- Lot Size
- 1,142 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $410.0 / Month
Neighborhood Insights
Long Beach Unified Schools
Kettering Elementary School
Grades K-5 • 0.5 mi
10/10
Rogers Middle School
Grades 6-8 • 1.7 mi
7/10
Wilson High School
Grades 9-12 • 2.0 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.7 |
| Baths | 3.0 | 2.9 |
| Square foot | 1,816 | 1,597.588 |
| Lot Size | 1,142 | 22,689.882 |
| Price | $799.5K | $875.2K |
| Price per sq ft | $440 | $547 |
| Built year | 1973 | 1983 |
| HOA | $410.0 | $496 |
| Days on market | 71 | 55 |
Pricing History
Listed for Sale
Aug 15, 2026
$799,500
Initial Listing
Sold
Jul 29, 2021
$690,000
Public Record
Sold
Nov 15, 2000
$299,000
Public Record