
Long Beach, California 90802
This historic residence in the Willmore building presents a High-Potential Investment Opportunity with a List Price of $289,000—positioned well below the $273,744 Fair Market Value by -5%. Featuring a Condition Rating of 4, the unit offers significant value-add potential through cosmetic modernization. Residents benefit from all-inclusive HOA dues and access to a spectacular rooftop terrace. Located in a highly walkable downtown district, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an entry-level urban asset with historic character.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 315 W 3rd 212 Subject | $289,000* List Price | 0 | 1 | 487 | $562 | - |
A 140 Linden Avenue 455 Sold | $355,000 | 1 | 1 | 621 | $572 | 0.6 mi |
B 250 Linden Avenue 25 Sold | $310,000 | 1 | 1 | 597 | $519 | 0.5 mi |
C 128 Lime Avenue 14 Sold | $289,000 | 1 | 1 | 410 | $705 | 0.7 mi |
D 315 W 3rd Street 410 Active | $304,500 List Price | 1 | 1 | 453 | $672 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1925, this historic property is well-maintained but significantly dated. The bathroom features older tile work and fixtures that appear to be over 20 years old. While the listing states it is move-in ready, the unit requires cosmetic updates and modernization of systems to meet current standards.
Situated in the iconic Willmore building, this residence offers unique 1920s Hollywood charm, featuring a vintage lobby, a community solarium, and a rooftop terrace with panoramic city views.
The monthly association fee covers all utilities, providing owners with simplified monthly budgeting and significant cost savings for an urban property.
Boasting a high walkability score, the property is steps away from the beach, dining, and entertainment, while offering easy access to major freeways for commuting.
At just 487 square feet, the compact living space may be a constraint for buyers seeking more storage or distinct separation between living and sleeping areas.
Unlike higher-floor units or the communal rooftop, this specific second-floor residence is listed as having no view, which may impact its individual resale appeal.
Welcome to the historic Willmore, where the elegance and charm of the Hollywood Twenties come alive. This private and well-maintained second-floor residence offers a peaceful retreat while placing you in the heart of vibrant Downtown Long Beach.Step through the stunning vintage lobby and experience the timeless character that has made the Willmore, a local landmark. Enjoy abundant natural light from the community solarium, relax in the inviting common areas, or entertain guests on the spectacular rooftop terrace complete with panoramic city views. This move-in-ready home is ideally located within walking distance of the beach, restaurants, shopping, entertainment, and public transportation. Whether you're seeking a stylish urban residence or an attractive investment opportunity, this property delivers exceptional value and convenience. HOA dues include all utilities, making ownership simple and predictable. Secured parking is available, and convenient access to the 710 and 405 Freeways makes commuting throughout Southern California a breeze.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 1.9 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 | 487 | 849.5 | 6% |
| Lot Size | 22,493 | 25,055 | 44% |
| Price | $289.0K | $490.0K | 6% |
| Price per sq ft | $593 | $584 | 51% |
| Built year | 1925 | 1973 | 7% |
| HOA | $350.0 | $471 | 31% |
| Days on market | 14 | 158 | 1% |
May 31, 2026
$289,000
Initial Listing
May 13, 2022
$198,000
Public Record
May 13, 2022
$122,500
Public Record