2225 E 2nd 5, Long Beach, California 90803, Long Beach, 90803 - 1 bed, 1 bath
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2225 E 2nd 5
Long Beach, California 90803
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
479Sq Ft
8,258Lot Size
Property Price
LIST PRICE$330,000
EST. MARKET VALUE
$336,484
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $330,000—positioned well below the $336,485 Fair Market Value by 2%. This valuation gap offers $6,485 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the unit boasts modern upgrades like stone countertops and in-unit laundry while retaining 1920s charm. Located near Top-Rated Schools like Lowell Elementary, this property is an ideal sanctuary for first-time buyers or owner-occupants seeking a coastal lifestyle.
Estimated Market Value
$336,484
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 |
|---|---|---|---|---|---|---|
★ 2225 E 2nd 5 Subject | $330,000* List Price | 1 | 1 | 479 | $702 | - |
A 2075 E Appleton Street 17 Pending | $374,900 List Price | 1 | 1 | 610 | $615 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1921, the property has undergone a comprehensive recent renovation (likely <5 years). It features a modern kitchen with stone countertops, subway tile backsplash, and stainless steel appliances, along with an updated bathroom and refinished hardwood floors, meeting the criteria for mint condition with no immediate maintenance needed.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Lowell Elementary School (9/10).
- Prime Coastal Location
Situated just two blocks from the beach in the highly desirable Belmont Heights neighborhood, this property offers an enviable coastal lifestyle on a scenic, tree-lined street.
- Modernized Vintage Charm
The unit perfectly balances 1920s character, such as original hardwood floors, with contemporary upgrades including stone countertops, subway tile backsplashes, and the rare convenience of in-unit laundry.
CONSRISKS & DEFICIENCIES
- Financing Restrictions
As an 'Own Your Own' (OYO) unit, the property may require specialized financing or a cash purchase, which can limit the pool of eligible buyers compared to traditional fee-simple condos.
- Limited Square Footage
With only 479 square feet of living space, the compact footprint may pose challenges for furniture layout and long-term storage needs.
About 2225 E 2nd 5
Live 2 blocks to the beach on a beautifully tree lined street for a low price! Clean and updated is this own your own one bedroom in a cozy 12 unit, secured complex. This home has its 1920's charm with the beautiful hardwood floors but is wonderfully updated in a way to keep that charm! There is canned lighting in the living room and window blinds. The kitchen has newer subway tiled backsplash and stone counter tops, geometric-style tiled floors and appliances. There is inside laundry with a stackable unit. The bathroom is updated as well with honeycomb tiled floors, pedestal sink, and updated fixtures. The bedroom is surprisingly spacious with 2 closets and a ceiling fan. Low HOA that includes ALL utilities! This is an OYO and may need special financing or cash.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1921
- Lot Size
- 8,258 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $299.0 / Month
Neighborhood Insights
Long Beach Unified Schools
Burbank Elementary School
Grades K-5 • 0.4 mi
6/10
Mann Elementary School
Grades K-5 • 0.6 mi
7/10
Willard Elementary School
Grades K-5 • 1.1 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 479 | 924.282 |
| Lot Size | 8,258 | 30,288.04 |
| Price | $330.0K | $521.1K |
| Price per sq ft | $689 | $569 |
| Built year | 1921 | 1976 |
| HOA | $299.0 | $460 |
| Days on market | 21 | 74 |
Pricing History
Listed for Sale
Aug 19, 2026
$330,000
Initial Listing
Sold
Oct 24, 2003
$135,000
Public Record
Sold
Jul 3, 2002
$78,500
Public Record