1509 Stanley, Long Beach, California 90804, Long Beach, 90804 - 3 bed, 2 bath
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Long Beach, California 90804
This 3-bedroom condominium represents a High-Potential Investment Opportunity, listed at $699,000—positioned well above the $537,868 Fair Market Value by -29%. While the property is in Condition Rating 4, it offers a turnkey, move-in ready interior and the rare advantage of two assigned inside parking spaces. Located within the Long Beach Unified district, it provides proximity to several schools rated 6-9. This unit is best suited for Buy-and-Hold Investors or first-time buyers prioritizing location and parking convenience over immediate equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1509 Stanley Subject | $699,000* List Price | 3 | 2 | 1,000 | $538 | - |
A 1509 Stanley 203 Sold | $520,000 | 3 | 2 | 1,000 | $520 | 0.0 mi |
B 1360 Redondo 102 Sold | $510,000 | 3 | 2 | 1,040 | $490 | 0.6 mi |
C 1335 Newport Avenue 202 Sold | $535,000 | 2 | 2 | 1,011 | $529 | 0.7 mi |
D 1207 Obispo Avenue 210 Sold | $490,000 | 2 | 2 | 930 | $527 | 0.6 mi |
E 1335 Newport Avenue 107 Sold | $500,000 | 2 | 2 | 989 | $506 | 0.7 mi |
F 1775 Ohio Avenue 310 Active Under Contract | $519,000 List Price | 2 | 2 | 1,019 | $509 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990 (34 years old), the property falls into the >20y category. While the interior is clean and 'move-in ready' with updated laminate flooring and recessed lighting, the bathrooms remain dated with basic fiberglass shower inserts and older cabinetry. The property lacks the comprehensive modern renovations to the kitchen and baths required for a 'Good' or 'Excellent' rating.
The property is described as sunny and move-in ready, offering a turnkey solution for buyers looking to avoid the immediate costs and delays of renovations.
The inclusion of two assigned inside parking spaces is a significant competitive advantage in Long Beach, where secure and convenient parking is often at a premium.
A three-bedroom configuration at this price point provides excellent utility for families or remote workers, offering more versatility than the standard two-bedroom units typically found in the area.
At 1,000 square feet for a three-bedroom unit, the living spaces and bedrooms may feel compact, potentially limiting furniture options and overall spaciousness.
The $420 monthly association fee adds a fixed recurring expense that may impact the debt-to-income ratio and overall affordability for budget-conscious buyers.
Great location of Long Beach, Sunny 3 bed, 2 bath with 2 Assigned inside parking spaces, move in ready.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,000 | 926 |
| Lot Size | 16,875 | 30,781 |
| Price | $699.0K | $514.8K |
| Price per sq ft | $699 | $568 |
| Built year | 1990 | 1979 |
| HOA | $420.0 | $475 |
| Days on market | 57 | 76 |
May 26, 2026
$699,000
Initial Listing
Oct 24, 2008
$210,000
Public Record
Nov 17, 2006
$385,000
Public Record
Aug 3, 2006
$340,000
Public Record