25 15th Place 101, Long Beach, California 90802, Long Beach, 90802 - 3 bed, 2 bath
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Long Beach, California 90802
This Renovated Beachfront Condominium is a Prime Investment Opportunity listed at $1,400,000—positioned below the $1,442,607 Fair Market Value by 2%. This valuation gap provides $42,607 in Instant Equity. Boasting a Mint Condition Rating, the unit features direct beach access, modern shaker cabinetry, and 5-star amenities including a heated pool and gym. Located near Stevenson Elementary with seller financing available, this property balances luxury with financial upside. It is an ideal acquisition for Luxury Homeowners or Lifestyle Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25 15th Place 101 Subject | $1,350,000* List Price | 3 | 2 | 1,520 | $888 | - |
A 1500 E Ocean Boulevard 401 Sold | $1,700,000 | 3 | 2 | 1,500 | $1,133 | 0.3 mi |
B 1500 E Ocean 608 Sold | $1,460,000 | 3 | 2 | 1,551 | $941 | 0.3 mi |
C 1500 E Ocean Blvd 202 Sold | $1,250,000 | 3 | 2 | 1,340 | $933 | 0.3 mi |
D 1750 E Ocean Boulevard 1405 Sold | $949,000 | 2 | 2 | 1,116 | $850 | 0.1 mi |
E 1500 E Ocean Boulevard 206 Active | $1,490,000 List Price | 3 | 2 | 1,500 | $993 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although the structure was built in 1989, the property is described as 'newly renovated and remodeled.' Visual evidence shows a modern kitchen with white shaker cabinetry, stainless steel appliances, and recessed lighting, along with updated wood-look flooring and marble-style tile in the bathrooms. The interior appears to be in mint, move-in-ready condition consistent with a renovation completed within the last 5 years.
This rare first-floor unit offers direct 'touch the sand' access and ocean views, perfectly positioned to enjoy the 2028 Water Olympics from the private patio.
Residents enjoy access to 5-star hotel-style facilities, including a heated pool, spa, gym, pickle-ball courts, and even a restaurant with room service.
Following a significant $450,000 price reduction, this is the lowest-priced 3-bedroom condo in the area and features flexible seller financing to bypass traditional lender fees.
The monthly association fee of $995 is substantial, which may impact the debt-to-income ratio for some buyers and increases long-term ownership expenses.
The rapid and aggressive price cuts from the original $1.85M list price may suggest initial overvaluation or high seller urgency, potentially affecting future resale perception.
*PRICED BELOW THE MARKET. LOWEST PRICE 3 BEDROOM 1 STORY CONDO IN THE AREA, WHERE YOU CAN INSTANTLY TOUCH THE SAND OUTSIDE YOUR DOOR. NEWLY RENOVATED AND REMODELED. LIVE IN THE BEST PART OF LONG BEACH! MAJOR VALUE. WATCH THE 2028 WATER OLYMPICS FROM YOUR PATIO. No neighbors on either side; only condo on 1st floor. 5 * Hotel amenities shared with 1900 Ocean: heated pool, outdoor jacuzzi, spa, gym, salon, office with free printer, pet spa, game room, pickle-ball, convenience store, & restaurant with room service. Very peaceful & quiet. **HURRY IN- THIS DEAL WONT LAST LONG.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.1 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 1.0 | 94% |
| Baths | 2.0 | 1.0 | 56% |
| Square foot | 1,520 | 860 | 96% |
| Lot Size | 14,499 | 28,583 | 33% |
| Price | $1.35M | $495.0K | 98% |
| Price per sq ft | $888 | $595 | 91% |
| Built year | 1989 | 1973 | 68% |
| HOA | $995.0 | $475 | 86% |
| Days on market | 75 | 155 | 6% |
May 5, 2026
$1,350,000
$1,400,000
-4% Price Drop
Initial Listing
Apr 23, 2026
$1,400,000
$1,799,999
-22% Price Drop
Initial Listing
Apr 16, 2026
$1,799,999
$1,850,000
-3% Price Drop
Initial Listing
Mar 23, 2026
$1,850,000
Initial Listing
Dec 20, 2019
$900,000
Public Record
Aug 26, 1996
$285,000
Public Record
May 25, 1995
$184,000
Public Record