
Long Beach, California 90804
This 1-bedroom condominium presents a High-Potential Investment Opportunity, listed at $410,000—positioned well above the $379,128 Fair Market Value by -8%. While currently priced above market, the unit offers functional value with In-Unit Laundry Capability and a Private Patio. With a Condition Rating of 5, the property requires a full interior refresh, making it a prime candidate for Buy-and-Hold Investors or first-time buyers willing to perform cosmetic upgrades to build long-term equity in the Long Beach Unified School District.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1509 Stanley 110 Subject | $410,000* List Price | 1 | 1 | 710 | $534 | - |
A 1030 Loma Avenue 107 Sold | $479,000 | 2 | 2 | 948 | $505 | 0.9 mi |
B 725 Coronado Ave 106 Sold | $292,000 | 1 | 1 | 482 | $606 | 0.9 mi |
C 2507 E 15th Active | $465,999 List Price | 2 | 2 | 953 | $489 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1990, the property is 36 years old with no mention of renovations, placing it in the >30y category. The use of a portable AC unit in the bedroom suggests the primary HVAC system is likely inadequate or non-functional, and the unit likely requires a full rehab of original kitchen and bath fixtures.
Elementary School: Fremont Elementary School (9/10).
The unit features dedicated closet space for a stackable washer and dryer, providing a highly desirable convenience that is often missing in similar one-bedroom condominiums.
The property includes secured assigned parking and access to well-maintained common areas, including a BBQ area and a peaceful courtyard with a water fountain.
The monthly HOA fee of $425 is relatively high for a 710-square-foot one-bedroom unit, which may impact the debt-to-income ratio for potential buyers.
The listing explicitly notes a lack of views, which may limit the property's aesthetic appeal compared to other units in the Eastside area that offer city or park vistas.
Excellent opportunity to purchase this 1 Bedroom 1 Bath. This unit features extra closet space for A Stackable washer/dryer, either a patio or balcony on floor level, secured assigned parking, and more. The common areas offer place for BBQ and with outdoor chairs, along with a peaceful water fountain and courtyard A must see!!!!
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 | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 710 | 924.282 |
| Lot Size | 16,875 | 30,288.04 |
| Price | $410.0K | $521.1K |
| Price per sq ft | $577 | $569 |
| Built year | 1990 | 1976 |
| HOA | $425.0 | $460 |
| Days on market | 13 | 74 |
Aug 27, 2026
$410,000
Initial Listing
Jul 23, 2010
$90,000
Public Record
Jun 1, 2006
$250,000
Public Record