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325 W 3rd Street 502, Long Beach, California 90802, Long Beach, 90802 - 1 bed, 1 bath

325 W 3rd Street 502, Long Beach, California 90802 home-pic-0
ACTIVE$400,000
325 W 3rd Street 502, Long Beach, California 90802
1Bed
1Bath
620Sqft
7,477Lot
Year Built
1924
Close
-
List price
$400K
Original List price
$400K
Price/Sqft
$645
HOA
$590
Days on market
-
Sold On
-
MLS number
25513625
Home ConditionFair
Features
Good View: City Lights, Pier
ViewCity Lights,Pier

About this home

We found 3 Cons,5 Pros. Rank: price - $400.0K(32th), sqft - 620(19th), beds - 1(50th), baths - 1(50th).

Charming, Top Floor Corner penthouse in the iconic Californian, offering western views of the city skyline. This rare one-bedroom gem is full of character, featuring solid hardwood floors throughout and an abundance of natural light from multiple windows. The layout offers a formal dining room with a wet bar. The adorable kitchen is accented with vintage-inspired tile, adding to the unit's unique charm, while the bedroom provides large closet with its classic tiled bath and soaking tub. Located in a pet-friendly, elevator building, the unit offers convenient access to on-site laundry and a rooftop club room. Parking is available for rent in the adjacent lots but not included in sale, or you can take advantage of nearby street parking. Walkable location near shops and the harbor, and just a short stroll or bike ride to the beach and ocean.

Nearby schools

5/10
Edison Elementary School
Public,•K-5•0.3mi
7/10
International Elementary School
Public,•K-5•0.4mi
7/10
Stevenson Elementary School
Public,•K-5•0.7mi
6/10
Chavez Elementary School
Public,•K-5•0.7mi
7/10
Roosevelt Elementary School
Public,•K-5•1.2mi
7/10
Lincoln Elementary School
Public,•K-5•1.3mi
6/10
Washington Middle School
Public,•6-8•1.0mi
6/10
Franklin Classical Middle School
Public,•6-8•1.0mi
6/10
Polytechnic High School
Public,•9-12•1.3mi
3/10
Cabrillo High School
Public,•9-12•1.9mi

Price History

Date
Event
Price
06/04/20
Sold
$305,000
Condition Rating
Fair
Built in 1924, this property is well-maintained for its age with charming features like solid hardwood floors and an exposed brick wall. However, the kitchen is very compact and features basic, older-style appliances (small gas range) alongside newer ones (refrigerator, microwave), and 'vintage-inspired tile' which, while clean, appears functional but outdated in style. The description of a 'classic tiled bath and soaking tub' also suggests an older, functional bathroom rather than a recently renovated one. The property lacks central air conditioning, relying on a window unit. While move-in ready, the kitchen and bathroom would benefit from minor updates to meet modern aesthetic and functional standards, aligning with the 'Fair' condition criteria for an aged home with functional but outdated components.
Pros & Cons

Pros

Prime Walkable Location: Excellent walkability to shops, the harbor, and a short stroll or bike ride to the beach and ocean, offering a highly desirable urban lifestyle.
Historic Penthouse Charm: Top-floor corner penthouse in the iconic Californian building, featuring unique character, solid hardwood floors, and vintage-inspired details.
City Skyline Views: Offers western views of the city skyline from a top-floor corner unit, providing aesthetic appeal and enhanced natural light.
Building Amenities: Pet-friendly building with an elevator, convenient on-site laundry, and access to a rooftop club room, enhancing resident convenience.
Abundant Natural Light: Multiple windows throughout the corner unit ensure ample natural light, creating a bright and inviting living space.

Cons

Parking Not Included: Parking is not included with the unit and requires renting in adjacent lots or relying on street parking, which can be inconvenient and an additional expense.
High Monthly HOA Dues: The $590 monthly association fee is substantial for a one-bedroom unit, significantly impacting the overall cost of ownership.
Compact Living Space: At 620 sqft, the one-bedroom unit offers a relatively compact living area, which may limit appeal for buyers seeking more spacious accommodations.

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