1637 E 5th Street 302, Long Beach, California 90802, Long Beach, 90802 - 2 bed, 2 bath
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1637 E 5th Street 302
Long Beach, California 90802
ACTIVE
CONDITION: GOOD
2Beds
2Baths
840Sq Ft
6,752Lot Size
Property Price
LIST PRICE$555,000
EST. MARKET VALUE
$511,395
8% AboveMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $555,000—positioned well above the $510,094 Fair Market Value by -8%. While priced at a premium, the property features an Excellent Condition Rating with recent 2025 upgrades, including a new water heater and fresh paint. Highlights include a Granite Kitchen, Vaulted Ceilings, and Two Side-By-Side Parking Spaces. Located in the walkable Alamitos Beach area near top-rated schools, this is an ideal acquisition for Owner-Occupants or first-time buyers seeking a coastal lifestyle.
Estimated Market Value
$511,395
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 |
|---|---|---|---|---|---|---|
★ 1637 E 5th Street 302 Subject | $555,000* List Price | 2 | 2 | 840 | $609 | - |
A 550 Orange 216 Sold | $505,000 | 2 | 2 | 930 | $543 | 0.3 mi |
B 550 Orange Avenue 234 Sold | $425,000 | 2 | 1 | 818 | $520 | 0.3 mi |
C 550 Orange Avenue 229 Sold | $489,000 | 2 | 1 | 818 | $598 | 0.3 mi |
D 637 Atlantic 3 Sold | $465,000 | 2 | 2 | 820 | $567 | 0.8 mi |
E 550 Orange Avenue 318 Sold | $515,000 | 2 | 1 | 859 | $600 | 0.3 mi |
F 1919 E Beverly 205 Sold | $525,000 | 2 | 2 | 1,014 | $518 | 0.1 mi |
G 1919 E Beverly Way Sold | $495,000 | 2 | 2 | 1,014 | $488 | 0.1 mi |
H 1604 2nd Street 1f Sold | $460,000 | 1 | 1 | 792 | $581 | 0.5 mi |
I 453 Almond Avenue 6 Active | $529,000 List Price | 2 | 2 | 840 | $630 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1987, the property is well-maintained and move-in ready with several recent updates. It features modern laminate flooring, granite countertops in the kitchen and both bathrooms, stainless steel appliances, and a new subway tile backsplash. Recent maintenance includes fresh interior paint and a new water heater installed in 2025.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated in the highly walkable Alamitos Beach neighborhood, the property offers immediate access to Retro Row’s vibrant dining, vintage shopping, and local farmer's markets.
- Top-Floor Architectural Appeal
As a top-floor unit with soaring vaulted ceilings and east-facing windows, the home enjoys superior natural light and a sense of volume not typically found in standard condominiums.
- Rare Parking & Low HOA
The inclusion of two side-by-side secured parking spaces is a significant premium for this area, complemented by a refreshingly low HOA fee that enhances affordability.
CONSRISKS & DEFICIENCIES
- Compact Square Footage
With only 840 square feet allocated for a two-bedroom, two-bathroom layout, the living proportions may feel restrictive for buyers prioritizing spacious interiors.
- Lack of Central Cooling
The property relies on ceiling fans rather than a central HVAC system, which may be a drawback for comfort during peak summer temperatures.
About 1637 E 5th Street 302
Two Garage Spaces | HOA $398 | Laundry! Welcome Home To Your Bright, Top-Floor Retreat In The Heart Of Alamitos Beach, Just A Short Ways To The 4th Street Corridor And Retro Row's Beloved Farmer’s Market, Vintage Boutiques, And Restaurants. Set Within A Boutique Eight-Unit Building, You Step Into An Open, Airy Floor Plan Crowned By Soaring Vaulted Ceilings And Brightened By Recessed Lighting Throughout. Your Sun-Filled Living And Dining Area Glows With Warm Morning Light Through East-Facing Windows, While A Gentle Ceiling Fan Keeps Things Cool And Calm. Your Stylish Kitchen Shines With Granite Countertops And A Generous Center Island Made For Gathering And Slow Weekend Mornings. Two Spacious Bedrooms Welcome Restful Nights. Your Serene Primary Suite Boasts A Walk-In Closet, Beautiful En Suite And Balcony Access. While The Second Bedroom Offers A Large Closet, Direct Bathroom Access, And A Bright Sliding Door To Your Private Balcony. Two Comfortable Bathrooms, Also Finished In Granite. Thoughtful Upgrades Make Ownership Effortless: Fresh Interior Paint And A New Water Heater (Both 2025), The Luxury Of In-Unit Laundry With The Washer And Dryer Included. Your Two Assigned Side-By-Side Parking Spaces Sit Behind A Secured Garage Door, Secured Gate, And A Refreshingly Low HOA Fee Keeps This Coastal Lifestyle Effortless. Predominantly owner-occupied units in this building. Come Feel The Warmth, Space, And Belonging You Have Been Searching For.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1987
- Lot Size
- 6,752 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $398.0 / Month
Neighborhood Insights
Long Beach Unified Schools
Burbank Elementary School
Grades K-5 • 0.4 mi
6/10
Stevenson Elementary School
Grades K-5 • 0.7 mi
7/10
Franklin Classical Middle School
Grades 6-8 • 0.4 mi
6/10
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 | 840 | 924.282 |
| Lot Size | 6,752 | 30,288.04 |
| Price | $555.0K | $521.1K |
| Price per sq ft | $661 | $569 |
| Built year | 1987 | 1976 |
| HOA | $398.0 | $460 |
| Days on market | 34 | 74 |
Pricing History
Listed for Sale
Aug 6, 2026
$555,000
Initial Listing
Sold
Jul 7, 2025
$545,000
Public Record
Sold
Jun 28, 2023
$520,000
Public Record
Sold
Mar 8, 2022
$500,000
Public Record
Sold
Dec 20, 2012
$180,000
Public Record
Sold
Nov 4, 2011
$140,000
Public Record
Sold
Dec 27, 2007
$309,000
Public Record