219 Esperanza Ave #7, Long Beach, California 90802, Long Beach, 90802 - 1 bed, 1 bath
219 Esperanza Ave #7
Long Beach, California 90802
Property Price
SUMMARY
Analysis of 219 Esperanza Ave #7, Long Beach, California 90802 is currently available with a list price of $375,500. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 1955, is well-maintained and clean, featuring hardwood floors in the living areas and bedroom. However, the kitchen and bathroom are significantly outdated. The kitchen has older white cabinets, tiled countertops, and a retro checkered floor, though appliances appear to be newer. The bathroom features very dated yellow tiled countertops and shower surround, along with an older vanity and fixtures. The unit relies on wall AC units and a wall heater, lacking central air conditioning. While functional and move-in ready, these key areas show signs of being outdated and would require minor to moderate updates to meet current aesthetic and comfort standards.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Coastal Location
The property is ideally situated just steps from the beach, shopping, restaurants, and entertainment, with proximity to local attractions like Yoga on the Bluff, the Long Beach Terrace Theatre, and the Aquarium of the Pacific.
- Low Monthly HOA Dues
With a very low HOA fee of just $200 per month, this unit offers an attractive cost of ownership compared to many condominiums in the area.
- Private Detached Garage
The inclusion of a private, remote-operated detached garage provides a significant advantage for parking and storage in a dense urban environment.
CONSRISKS & DEFICIENCIES
- Limited Living Space
At 603 square feet for a 1-bedroom, 1-bathroom unit, the property offers relatively small living quarters, which may not suit all buyer preferences.
- Lack of Central Air Conditioning
The unit relies on wall AC units in the dining room/bedroom, indicating an absence of central air conditioning, which can be less efficient and desirable for some buyers.
- Recent Price Reduction/Negative Equity
The property was sold for $425,000 in September 2023 and is now listed at $399,900, suggesting a recent price reduction or potential negative equity for the current owner, which may raise questions about its market value or condition.
About 219 Esperanza Ave #7
This quiet Mid-Century Modern building with only 7 units is just steps away from the beach, shopping, restaurants, and entertainment. Nearby to free Yoga on the Bluff, the Long Beach Terrace Theatre, and the Aquarium of the Pacific. This unit features charming retro decor, wall AC units in both the dining room/bedroom, and access to a private remote operated detached garage. Very low HOA of just $200 a month this opportunity won't last. Owner is licensed to sell real estate. Agent is related to owner.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1955
- Lot Size
- 3,561 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $200.0 / Month
Neighborhood Insights
Long Beach Unified Schools
Stevenson Elementary School
Grades K-5 • 0.6 mi
Burbank Elementary School
Grades K-5 • 0.7 mi
Franklin Classical Middle School
Grades 6-8 • 0.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 603 | 855.5 | 16% |
| Lot Size | 3,561 | 21,282.5 | 9% |
| Price | $375.5K | $480.0K | 27% |
| Price per sq ft | $623 | $581 | 63% |
| Built year | 1955 | 1965 | 27% |
| HOA | $200.0 | $429 | 7% |
| Days on market | 94 | 184 | 15% |
Pricing History
Listed for Sale
Mar 1, 2026
$375,500
$399,900
-6% Price Drop
Initial Listing
Price Change
Dec 2, 2025
$399,900
Initial Listing
Sold
Sep 1, 2023
$425,000
Public Record
Sold
Dec 4, 2003
$160,000
Public Record
Sold
Jul 29, 1999
$6,000
Public Record