
Long Beach, California 90802
This Strong Value Opportunity is a Turnkey Condominium listed at $239,000—positioned well below the $270,166 Fair Market Value by 11%. This valuation gap offers $31,166 in Instant Equity. Featuring a Condition Rating of 2, the unit includes a modern kitchen and updated finishes. With an All-Inclusive HOA Fee covering all utilities and a prime location near the East Village Arts District, this is an ideal asset for Buy-and-Hold Investors or first-time buyers seeking a worry-free, high-access lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 234 Lime Avenue G Subject | $239,000* List Price | 0 | 1 | 379 | $698 | - |
A 128 Lime Avenue 14 Sold | $289,000 | 1 | 1 | 410 | $705 | 0.1 mi |
B 10 Atlantic Sold | $292,000 | 0 | 1 | 370 | $789 | 0.2 mi |
C 455 E Ocean Sold | $260,000 | 0 | 1 | 420 | $619 | 0.3 mi |
D 819 E 4th Sold | $300,000 | 1 | 1 | 468 | $641 | 0.2 mi |
E 1109 E 1st Sold | $271,000 | 0 | 1 | 380 | $713 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1931, the unit has undergone a recent contemporary renovation within the last 5 years. It features a modern kitchen with newer stainless-steel appliances, updated flooring, and fresh interior finishes, making it a turnkey, mint-condition property.
Situated in the heart of Long Beach's East Village Arts District, this property offers exceptional access to the Metro, the shoreline, and the Pike Outlets, making it a commuter's dream.
The low $177 monthly HOA fee is highly advantageous as it covers all essential utilities—electricity, water, gas, and trash—significantly reducing monthly overhead for owners or tenants.
The studio features a contemporary, move-in-ready layout with newer stainless-steel appliances and a full kitchen, offering immediate functionality for primary residents or investors.
At only 379 square feet, the compact studio footprint may limit the property's appeal to single occupants and could pose challenges for furniture arrangement and storage.
Being a historic 1931 building in a dense downtown area, the lack of mentioned private parking can be a significant drawback for residents in a high-traffic urban environment.
Set within a secure gated community, this updated contemporary studio offers a functional, high-access lifestyle in the heart of Long Beach. Whether you are looking for a stylish, move-in-ready primary residence or an incredible rental addition (mid-term or long term) to your investment portfolio, this property delivers exceptional versatility and value. The location is a commuter's dream, situated just steps from the Metro and moments from the shoreline, the East Village Arts District, and the Pike Outlets. Whether you are enjoying the local dining scene on Pine Avenue or heading to the beach, the best of the city is right outside your door. The interior features a modern layout with a full kitchen, a dedicated dining area, and newer stainless-steel appliances including a gas range and microwave hood. Offering unmatched convenience for owners and tenants alike, the home includes onsite laundry and simplifies monthly overhead with an all-inclusive HOA fee that covers electricity, water, gas, and trash. This is a turnkey, stylish home base for anyone looking to experience a worry-free lifestyle in Long Beach's most vibrant hub.
No exterior & parking available.
Grades K-5 • 0.0 mi
Grades K-5 • 0.2 mi
Grades K-5 • 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 | 379 | 849.5 | 2% |
| Lot Size | 7,514 | 25,055 | 19% |
| Price | $239.0K | $490.0K | 1% |
| Price per sq ft | $631 | $584 | 63% |
| Built year | 1931 | 1973 | 14% |
| HOA | $177.0 | $471 | 4% |
| Days on market | 37 | 158 | 3% |
May 7, 2026
$239,000
Initial Listing
Sep 24, 2003
$48,000
Public Record
Nov 15, 2001
$10,500
Public Record
Oct 15, 1998
$9,000
Public Record