12 3rd Place, Long Beach, California 90802, Long Beach, 90802 - 1 bed, 1 bath
12 3rd Place
Long Beach, California 90802
Property Price
SUMMARY
Analysis of 12 3rd Place, Long Beach, California 90802 is currently available with a list price of $429,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This condo is move-in ready with significant recent updates. The kitchen features an open concept, upgraded white bead board cabinets, newer stainless steel appliances, and modern finishes, appearing virtually new. The property also benefits from newer flooring, fresh paint, central AC, and an in-unit furnace. While the description notes 'vintage tub/tile are keepers' in the bathroom, suggesting it hasn't been fully modernized, the overall condition, style, and functionality of the major systems and renovated areas are excellent, placing it firmly in the 'Good' category.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated just steps from the beach in Alamitos Beach, offering easy access to bike paths, walking paths, and boasting a high walkability score of 82.
- Scenic Views
Features desirable Queen Mary and Marina views from a newer picturesque window and the front balcony, enhancing the property's appeal.
- Modern Interior Updates
Recently renovated with a modern beachy feel, including an open concept kitchen with upgraded white bead board cabinets, newer stainless appliances, and fresh paint.
CONSRISKS & DEFICIENCIES
- Limited Parking
No dedicated parking space is included with the unit; city parking is available at an annual fee ($336/yr) and requires buyer verification.
- Compact Living Space
As a one-bedroom, one-bathroom unit with 694 sqft, the property offers limited living space, which may not suit all buyer needs or preferences.
- Significant Price Reductions
The property has undergone multiple price reductions from its original list price of $525,000 to $429,000, potentially indicating initial overpricing or market challenges.
About 12 3rd Place
Amazing one-bedroom condo just steps from the beach located in The Palisades. This terrific value property has Queen Mary/Marina Views from newer picturesque window and the front balcony. Relax and stay cool with the central AC in the summer. An in-unit furnace keeps in cozy on winter nights. The renovations have a modern beachy feel, with an open concept kitchen, upgraded white bead board kitchen cabinets and newer stainless appliances. Storage has been upgraded and includes some vintage storage, and the vintage tub/tile are keepers. The unit also has been freshly painted. All furnishings can be included. Located in a great location, easy access to the beach, bike paths, walking paths with a high walkability score of 82! Just minutes away from Downtown, 2nd St, Belmont Shores, LB Performing Arts Center, Museums, the Aquarium of the Pacific, and Shoreline Village. With lots of restaurants nearby to choose from and the Farmers Market every Friday. Annual events such as the World Series of Volleyball, 4th of July, beach festivals and the Long Beach Grand Prix are in your backyard. Don't miss out on this great opportunity! City Parking is available at $336/yr on the beach-side of the Villa Riviera Building (802 E. Ocean Blvd) buyer to verify info.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1953
- Lot Size
- 14,240 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $230.0 / Month
Neighborhood Insights
Long Beach Unified Schools
Stevenson Elementary School
Grades K-5 • 0.6 mi
Burbank Elementary School
Grades K-5 • 1.0 mi
Franklin Classical Middle School
Grades 6-8 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 694 | 865 | 34% |
| Lot Size | 14,240 | 21,465 | 33% |
| Price | $429.0K | $480.0K | 42% |
| Price per sq ft | $618 | $578 | 63% |
| Built year | 1953 | 1965 | 25% |
| HOA | $230.0 | $429 | 9% |
| Days on market | 154 | 184 | 36% |
Pricing History
Listed for Sale
Jan 17, 2026
$429,000
$449,000
-4% Price Drop
Initial Listing
Price Change
Dec 24, 2025
$449,000
$479,000
-6% Price Drop
Initial Listing
Price Change
Dec 8, 2025
$479,000
$499,000
-4% Price Drop
Initial Listing
Price Change
Oct 11, 2025
$499,000
$525,000
-5% Price Drop
Initial Listing
Price Change
Oct 3, 2025
$525,000
Initial Listing
Sold
May 18, 2022
$525,000
Public Record
Sold
Apr 19, 2016
$200,000
Public Record