
Long Beach, California 90802
This Spacious 1-Bedroom Condominium is a Strong Value Opportunity, listed at $489,000—positioned well below the $538,489 Fair Market Value by 9%. This valuation gap offers $49,489 in Instant Equity for the buyer. The unit is in Good Condition, featuring an open-concept floor plan, in-unit laundry, and central AC. Located in the heart of Downtown Long Beach, it offers a vibrant urban lifestyle with City Lights and Landmark Views. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 133 The Promenade N #334 N 334 Subject | $489,000* List Price | 1 | 1 | 910 | $592 | - |
A 133 The Promenade N 319 Sold | $490,000 | 1 | 1 | 910 | $538 | 0.0 mi |
B 133 N The Promenade N 422 Sold | $489,999 | 1 | 1 | 1,050 | $467 | 0.2 mi |
C 388 E Ocean Boulevard 1112 Sold | $465,000 | 1 | 1 | 680 | $684 | 0.3 mi |
D 411 W Seaside 1506 Sold | $569,500 | 1 | 1 | 900 | $633 | 0.4 mi |
E 834 E 4th Street 29 Sold | $412,000 | 1 | 1 | 630 | $654 | 0.6 mi |
F 525 Seaside Way 411 Sold | $499,000 | 1 | 1 | 822 | $607 | 0.4 mi |
G 133 The Promenade N 318 Active | $500,000 List Price | 1 | 1 | 910 | $549 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006 (20 years old), the property is well-maintained and move-in ready. The bathroom features modern finishes, and the HVAC system is functional with an updated Nest thermostat, fitting the 10-20 year age bracket for good condition.
Situated on The Promenade in Downtown Long Beach, this property offers exceptional walkability to premier dining, shopping, the Metro, and the beach, catering to a vibrant lifestyle.
With 910 square feet of living space, this unit is significantly larger than typical one-bedroom condos and includes high-demand features like in-unit laundry and central AC with a Nest thermostat.
Priced at $489,000—below its 2021 sale price of $506,000—and featuring a motivated seller, this unit represents a competitive entry point into a high-demand market.
The monthly association fee of $868 is relatively high for a one-bedroom unit, which may impact overall affordability and the debt-to-income ratio for potential buyers.
The assigned high school has a lower performance rating (3/10), which could be a drawback for buyers concerned with long-term resale value or district statistics.
Your Own Gated Parking Space and Indoor Washer & Dryer Included! Motivated Seller — Priced to Sell! Welcome to Long Beach living at its finest. This spacious 1-bedroom, 1-bath condominium offers approximately 910 square feet of comfortable living space in the heart of Downtown Long Beach. The open-concept floor plan features central heating and air conditioning with a Nest thermostat system, beautiful Hunter Douglas blinds, and the convenience of an indoor washer and dryer. Additional amenities include a private storage space, bike room, assigned gated parking, guest parking, 24-hour security, and an on-site HOA manager. Enjoy a vibrant urban lifestyle just minutes from restaurants, shopping, entertainment, parks, Metro access, and the beach. This prime location is perfect for buyers seeking convenience, walkability, and easy access to everything Long Beach has to offer. Whether you're a first-time homebuyer, looking to downsize, or searching for an investment opportunity, this condo checks all the boxes. Seller is ready to make a deal! Ask about available financing options, first-time homebuyer grants, and down payment assistance programs.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 910 | 860 | 56% |
| Lot Size | 60,230 | 29,185.199 | 90% |
| Price | $489.0K | $490.0K | 47% |
| Price per sq ft | $537 | $589 | 32% |
| Built year | 2006 | 1973 | 90% |
| HOA | $868.0 | $475 | 76% |
| Days on market | 8 | 155 | 1% |
May 29, 2026
$489,000
Initial Listing
Jun 9, 2021
$506,000
Public Record
Jun 11, 2009
$285,000
Public Record
Jul 3, 2007
$402,000
Public Record