1566 Pine Ave 103a, Long Beach, California 90813, Long Beach, 90813 - 2 bed, 2 bath
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1566 Pine Ave 103a
Long Beach, California 90813
ACTIVE
CONDITION: FAIR
2Beds
2Baths
791Sq Ft
12,364Lot Size
Property Price
LIST PRICE$325,000
EST. MARKET VALUE
$327,804
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $325,000—positioned well below the $327,804 Fair Market Value by 0.86%. This valuation gap offers $2,804 in Instant Equity. Featuring a Condition Rating of 4, the unit requires cosmetic modernization, yet offers two covered underground garage spaces and a private patio. Located near the Metro A Line and downtown, this is a stable asset ideal for Buy-and-Hold Investors or first-time buyers seeking a value-add urban residence.
Estimated Market Value
$327,804
Based on Realkey algorithm analyzing recent comparable sales in Long Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1566 Pine Ave 103a Subject | $325,000* List Price | 2 | 2 | 791 | $414 | - |
A 1140 Pacific Avenue 19 Sold | $300,000 | 2 | 2 | 869 | $345 | 0.4 mi |
B 1140 Pacific Ave 20 Active | $420,000 List Price | 3 | 2 | 935 | $449 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property is 37 years old (built 1987) and appears dated with original features such as popcorn ceilings, older tile flooring, and a wall heater system. While functional and move-in ready, it requires cosmetic updates and modernization of systems to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Ample Parking
The inclusion of two covered underground garage spaces is a rare and highly valuable asset in a dense urban neighborhood like Long Beach, providing significant convenience and security.
- Prime Urban Location
Situated just blocks from Downtown Long Beach and the Metro A Line, the property offers exceptional walkability and access to dining, entertainment, and coastal amenities.
- Strong Investment Potential
With a competitive price point for a two-bedroom unit and high local rental demand, this property presents a solid opportunity for investors seeking consistent rental income.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Dues
The $458 monthly association fee is relatively high for the unit's square footage, which increases the total cost of ownership and may impact buyer affordability.
- Limited Living Space
At only 791 square feet for a two-bedroom, two-bathroom configuration, the interior layout may feel compact for residents requiring more spacious living or storage areas.
About 1566 Pine Ave 103a
This charming ground-floor condo is ideally located just 7 blocks from Downtown Long Beach, offering quick access to restaurants, shops, entertainment, and the waterfront. The property is also close to Cal State Long Beach, the Metro A Line station, and the beach, making it a highly convenient option for daily commuting and coastal living. With strong rental demand in the area, this unit presents excellent potential for investors seeking solid rental income. The property also includes two covered underground garage spaces, a rare and highly valuable feature in this urban neighborhood.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1987
- Lot Size
- 12,364 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $458.0 / Month
Neighborhood Insights
Long Beach Unified Schools
Roosevelt Elementary School
Grades K-5 • 0.3 mi
7/10
International Elementary School
Grades K-5 • 0.8 mi
7/10
Edison Elementary School
Grades K-5 • 1.0 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 791 | 924.282 |
| Lot Size | 12,364 | 30,288.04 |
| Price | $325.0K | $521.1K |
| Price per sq ft | $411 | $569 |
| Built year | 1987 | 1976 |
| HOA | $458.0 | $460 |
| Days on market | 30 | 74 |
Pricing History
Listed for Sale
Aug 10, 2026
$325,000
Initial Listing
Sold
Aug 30, 2021
$330,000
Public Record
Sold
Dec 7, 2017
$220,000
Public Record
Sold
Mar 28, 2013
$155,000
Public Record
Sold
Sep 25, 2009
$115,000
Public Record
Sold
Jul 26, 2004
$165,000
Public Record
Sold
Jun 18, 2002
$106,000
Public Record