
Long Beach, California 90802
This coastal condominium represents a Strong Value Opportunity, listed at $299,000—positioned well below the $319,593 Fair Market Value by 6%. This valuation gap offers $20,593 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit offers turnkey interior updates including a modern kitchen and hardwood floors. Located in the desirable Alamitos Beach neighborhood, this property is ideal for Buy-and-Hold Investors or first-time buyers seeking a walkable, low-maintenance coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1400 E 3rd 6 Subject | $299,000* List Price | 1 | 1 | 576 | $555 | - |
A 219 Esperanza Ave #7 Sold | $365,000 | 1 | 1 | 603 | $605 | 0.1 mi |
B 102 Lime Avenue 6 Sold | $337,000 | 1 | 1 | 684 | $493 | 0.6 mi |
C 1405 E 1st Street 6 Sold | $338,500 | 1 | 1 | 605 | $560 | 0.2 mi |
D 819 E 4th Sold | $300,000 | 1 | 1 | 468 | $641 | 0.5 mi |
E 800 E Ocean Boulevard 504 Sold | $385,000 | 0 | 1 | 580 | $664 | 0.6 mi |
F 1825 E 3rd Street 1 Sold | $266,350 | 0 | 1 | 460 | $579 | 0.3 mi |
G 1187 East 3rd Street 305 Sold | $319,000 | 1 | 1 | 779 | $409 | 0.2 mi |
H 102 Lime Avenue 7 Sold | $346,000 | 1 | 1 | 690 | $501 | 0.6 mi |
I 1227 E 1st Street 2c Pending | $365,000 List Price | 1 | 1 | 668 | $546 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building was constructed in 1956, the unit features a clearly updated kitchen with modern butcher block countertops, subway tile backsplash, and updated appliances. The hardwood floors are well-maintained and the interior is move-in ready, though the presence of an older wall heater and the age of the structure keep it from the 'excellent' category.
Situated in the highly desirable Alamitos Beach neighborhood, this property is just blocks from the ocean and one block from the vibrant shops and dining of Retro Row, offering an exceptional walkable lifestyle.
Listed at $299,000 with a relatively low HOA fee of $224, this home represents a rare and affordable entry point into the Southern California coastal market, making it ideal for first-time buyers or investors.
The condominium features modern upgrades including a renovated kitchen, an updated bathroom, and hardwood flooring, providing a move-in-ready experience that minimizes the need for immediate renovation costs.
At only 576 square feet, the unit's compact footprint may be a constraint for buyers requiring more storage or living area, potentially limiting the target demographic to individuals or couples.
Located in a high-density area of Long Beach where street parking is notoriously difficult, the lack of mentioned deeded parking could be a significant drawback for residents with vehicles.
Welcome to coastal living in the heart of Long Beach! This beautifully updated condominium is nestled within a secure gated community in the desirable Alamitos Beach neighborhood and offers the perfect blend of comfort, convenience, and beachside charm. Featuring hardwood floors and an updated kitchen and bath, this inviting home is ideal for first-time buyers, investors, or anyone seeking a low-maintenance coastal retreat.Just blocks from the sand and only a block from the vibrant shops, cafés, and restaurants of Retro Row, this home offers an unbeatable walkable lifestyle. Enjoy easy access to Bixby Park, Shoreline Village, the Aquarium of the Pacific, Downtown Long Beach, and an incredible variety of dining, shopping, and entertainment. Whether you're taking a morning stroll along the shoreline, biking the beach path, or exploring the neighborhood's many local favorites, you'll love everything this vibrant coastal community has to offer. Virtually staged images are provided for illustrative purposes only and depict potential furniture placement and design.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.6 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 | 576 | 926 |
| Lot Size | 13,248 | 30,781 |
| Price | $299.0K | $514.8K |
| Price per sq ft | $519 | $568 |
| Built year | 1956 | 1979 |
| HOA | $224.0 | $475 |
| Days on market | 7 | 76 |
Jul 15, 2026
$299,000
Initial Listing
May 31, 2017
$218,500
Public Record