1825 E 3rd Street 1, Long Beach, California 90802, Long Beach, 90802 - 0 bed, 1 bath
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Long Beach, California 90802
This Studio Condominium Asset is a strategic entry-point into the coastal market with a List Price of $285,000 and a $262,331 Fair Market Value. The investment is anchored by an exceptionally Low HOA Fee of $173, significantly enhancing the potential ROI compared to neighboring developments. Currently holding a Condition Rating of 4, the ground-floor corner location presents a clear Value-Add opportunity through modernization of its 1955 infrastructure. Situated near Top-Rated Schools like Stevenson Elementary and the Alamitos Beach coastline, this property ensures consistent rental demand. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1825 E 3rd Street 1 Subject | $285,000* List Price | 0 | 1 | 460 | $570 | - |
A 933 E 1st Street 7 Sold | $338,000 | 1 | 1 | 629 | $537 | 0.7 mi |
B 1724 E 1st Street 5a Sold | $340,000 | 1 | 1 | 632 | $538 | 0.3 mi |
C 1030 East Ocean Boulevard 403 Sold | $274,900 | 0 | 1 | 480 | $573 | 0.7 mi |
D 1109 E 1st Sold | $271,000 | 0 | 1 | 380 | $713 | 0.6 mi |
E 1405 E 1st Street 6 Sold | $338,500 | 1 | 1 | 605 | $560 | 0.4 mi |
F 932 E 2nd Street 23 Sold | $320,000 | 1 | 1 | 560 | $571 | 0.7 mi |
G 15 Cerritos Active | $349,000 List Price | 1 | 1 | 643 | $543 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, the property features some cosmetic updates such as laminate flooring, but remains largely dated. The utility area shows significant wear with aged plumbing and fixtures, and the absence of kitchen or bathroom photos suggests these primary areas likely require modernization. It appears maintained but shows the typical physical depreciation of a 70-year-old structure without a recent full renovation.
Situated just a few blocks from the beach and within walking distance to the East Village Arts District and Downtown Long Beach, offering high lifestyle appeal.
The monthly HOA fee of $172.74 is exceptionally low for the region, significantly improving the property's affordability and net ROI for investors.
As a ground-floor corner unit in a garden-style community, the property benefits from enhanced accessibility, privacy, and increased natural light.
At only 460 square feet, the studio layout may restrict the buyer pool to individuals or couples and limits long-term versatility.
Built in 1955, the property may require ongoing maintenance or modernization of systems compared to newer condominium developments.
Typical of older buildings in the Alamitos Beach area, the lack of mentioned dedicated parking can be a significant drawback in a high-density neighborhood.
Charming studio condo in Bixby Manor garden-style community. Excellent ground floor corner location right in the front of building. Tranquil and peaceful feel. Enjoy lots of natural light, laminate flooring and large closets. Low HOA fees. Long term tenant can remain in the unit or leave upon request. A few short blocks to the beach. Close to East Village Arts District, Yoga on the Bluffs, Downtown, Shoreline, museums, Metro Station, The Pike and much more.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.9 mi
Grades 6-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 1.0 | 7% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 460 | 865 | 5% |
| Lot Size | 8,170 | 22,651.199 | 23% |
| Price | $285.0K | $485.0K | 5% |
| Price per sq ft | $620 | $579 | 63% |
| Built year | 1955 | 1972 | 26% |
| HOA | $172.74 | $475 | 2% |
| Days on market | 83 | 182 | 9% |
Mar 13, 2026
$285,000
$295,000
-3% Price Drop
Initial Listing
Jan 29, 2026
$295,000
Initial Listing