This Modern Mixed-Use Condo is a Strong Value Opportunity, listed at $580,000—positioned well below the $624,891 Fair Market Value by 7%. This valuation gap offers $44,891 in Instant Equity for the buyer. Boasting an Excellent Condition Rating, the 2019-built residence features central air-conditioning, modern appliances, and two secure parking spaces. Located within the Long Beach Unified School District, the building provides premium amenities including a gym and ground-floor retail. This is an ideal acquisition for Urban Professionals or Owner-Occupants seeking a turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1598 Long Beach Blvd 412 Subject | $580,000* List Price | 2 | 3 | 1,230 | $508 | - |
A 838 Pine Avenue 211 Sold | $503,500 | 2 | 2 | 1,140 | $442 | 0.7 mi |
B 1500 Pine Avenue 19 Sold | $500,000 | 2 | 2 | 1,015 | $493 | 0.2 mi |
C 801 Pine Avenue 407 Sold | $610,000 | 2 | 2 | 1,035 | $589 | 0.7 mi |
D 1598 Long Beach 307 Active | $585,000 List Price | 2 | 3 | 1,230 | $476 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2019, this property is only 7 years old, meeting the <10-year criteria for Excellent condition. It features modern independent central air-conditioning, updated kitchen appliances, and contemporary bathrooms with no maintenance issues indicated.
Built in 2019, this contemporary condo features modern finishes, central air conditioning, and a functional 2.5-bathroom layout that meets current market demands for newer builds.
The unit includes two dedicated parking spaces in a secure basement garage, a premium and highly sought-after feature that adds significant value in the Long Beach area.
Residents benefit from an urban lifestyle with on-site amenities including a gym and approximately 10,000 square feet of ground-floor retail and dining options.
The property is explicitly noted as having no views, which may limit its competitive appeal compared to other units in the region that offer city or coastal vistas.
With an association fee of $496 per month, the recurring costs are relatively high, which could impact the overall affordability and debt-to-income ratio for potential buyers.
Beautiful condo with the area of 1,230 square feet, including two rooms and 2.5 bathrooms. It has a laundry room and is equipped with two free parking lots at the basement, meanwhile there is independent central air-conditioning, gas or electric stove, and dish washer. The building of parking lot at basement is about 27,000 square feet, about 87 parking Spaces. The ground floor is multi-functional, and the total area is about 11938 square feet, including: hotel lobby and gym of about 1938 square feet, and five units catering and retail properties about 10,000 square feet. The 2f-4f is a residential building with a gross floor area of 52,932 square feet and the building area of each floor is about 17644 square feet.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 91% |
| Square foot | 1,230 | 919 | 82% |
| Lot Size | - | 21,513 | 18% |
| Price | $580.0K | $475.0K | 77% |
| Price per sq ft | $472 | $485 | 45% |
| Built year | 2019 | 1990 | 95% |
| HOA | $496.0 | $425 | 82% |
| Days on market | 2 | 207 | 5% |
Apr 20, 2026
$580,000
Initial Listing
Jun 22, 2022
$655,000
Public Record