280 Molino #305, Long Beach, California 90803, Long Beach, 90803 - 1 bed, 1 bath
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Long Beach, California 90803
This Move-In Ready Penthouse is a Prime Investment Opportunity, listed at $469,000—positioned well below the $482,458 Fair Market Value by 2%. This valuation gap offers $13,458 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit offers a modern lifestyle with luxury vinyl plank flooring and a private patio with city views. Located near Lowell Elementary (9/10), this property is an ideal acquisition for first-time buyers or owner-occupants seeking a coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 280 Molino #305 Subject | $457,900* List Price | 1 | 1 | 768 | $606 | - |
A 280 Molino 108 Sold | $434,000 | 1 | 1 | 768 | $565 | 0.0 mi |
B 2015 E Broadway 305 Sold | $475,000 | 1 | 2 | 824 | $576 | 0.4 mi |
C 191 Kennebec 403 Sold | $495,000 | 1 | 1 | 664 | $745 | 0.3 mi |
D 2121 E 1st Sold | $512,500 | 1 | 1 | 844 | $607 | 0.3 mi |
E 2500 E 2nd 405 Active | $525,000 List Price | 1 | 1 | 700 | $750 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1970, the unit has been well-maintained and features recent cosmetic upgrades including luxury vinyl plank flooring and smooth ceilings. While the kitchen and bathroom cabinetry and countertops appear dated (likely 15+ years old), the property is functional, clean, and move-in ready, fitting the criteria for a well-maintained older renovation.
Elementary School: Lowell Elementary School (9/10).
Situated in the heart of Bluff Heights, this property offers exceptional walkability to Retro Row's eclectic shops and dining, as well as close proximity to Bluff Park and the ocean.
As a secluded penthouse unit, it features an open-concept layout with direct access to a private patio offering city views, providing a rare sense of privacy and outdoor space.
The lack of in-unit laundry hookups, requiring the use of community facilities on each floor, may be a convenience drawback for some modern buyers.
Constructed in 1970, the complex may lack the contemporary architectural features and energy-efficient systems found in newer residential developments.
Welcome to this secluded Penthouse, 1 bedroom 1 bath condo located in the heart of Bluff Heights. Offering 768 square feet with 1 secured parking spot. This fantastic Light & Bright unit has an open concept layout with direct access to a private patio with City Views!! The kitchen features ample cabinets, a dishwasher, pantry and a convenient breakfast bar/pass through to the large living room. The generously sized bedroom has a Large mirrored wardrobe closet and smooth ceiling. A practical bathroom is conveniently located off the hallway and has a long vanity, floor to ceiling linen closet with a deep shower/tub combo. Additional highlights include luxury vinyl plank flooring, one assigned parking space with storage unit in a secured gate garage. Community laundry on each floor, elevator access in a pet friendly complex with controlled fob entry for the building. Ideally located near the eclectic shops and dining along Retro Row, minutes from Bluff Park & Ocean. This home offers the perfect blend of privacy, convenience and coastal lifestyle.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 37% |
| Baths | 1.0 | 2.0 | 33% |
| Square foot | 768 | 1,104 | 16% |
| Lot Size | 13,552 | 14,975 | 42% |
| Price | $457.9K | $705.0K | 5% |
| Price per sq ft | $596 | $669 | 30% |
| Built year | 1970 | 1972 | 42% |
| HOA | $362.0 | $584 | 12% |
| Days on market | 24 | 136 | 7% |
Jun 8, 2026
$457,900
$469,000
-2% Price Drop
Initial Listing
May 21, 2026
$469,000
Initial Listing
Oct 2, 2024
$455,000
Public Record
May 31, 2017
$295,000
Public Record
Aug 31, 1995
$78,000
Public Record