327 Chestnut Avenue 201, Long Beach, California 90802, Long Beach, 90802 - 2 bed, 2 bath
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Long Beach, California 90802
This Condominium represents a Strong Value Opportunity, listed at $460,000—positioned slightly above the $452,241 Fair Market Value. While the price reflects current market stability, the property offers significant lifestyle appeal with two private balconies and secure tandem subterranean parking. Featuring a Fair Condition Rating, the unit provides a solid foundation for cosmetic updates. Located in a highly walkable downtown hub near Long Beach Unified schools, this is an ideal acquisition for first-time buyers or young professionals seeking a central, urban lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 327 Chestnut Avenue 201 Subject | $450,000* List Price | 2 | 2 | 910 | $486 | - |
A 555 Maine Avenue 116 Sold | $525,000 | 2 | 2 | 916 | $573 | 0.3 mi |
B 555 Maine Avenue 215 Sold | $454,900 | 2 | 2 | 908 | $501 | 0.3 mi |
C 730 215 W 4th Street Sold | $510,000 | 2 | 2 | 957 | $533 | 0.2 mi |
D 545 Chestnut 116 Sold | $385,000 | 2 | 2 | 926 | $416 | 0.2 mi |
E 640 W 4th Street 401 Sold | $455,000 | 2 | 2 | 1,017 | $447 | 0.2 mi |
F 637 Atlantic 3 Sold | $465,000 | 2 | 2 | 820 | $567 | 0.7 mi |
G 640 W 4th 315 Active | $449,900 List Price | 2 | 2 | 915 | $492 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990 (36 years old), the property is dated and exceeds the 20-year threshold for Fair condition. While it features 'like-new' vinyl plank flooring replaced within the last five years, the kitchen and bathrooms appear to be original, and there is no mention of modernized HVAC or electrical systems, suggesting a need for minor updates.
Situated in the heart of Long Beach, this property offers exceptional walkability to The Pike, City Hall, and a vibrant array of dining and nightlife, making it an ideal urban hub.
The inclusion of two assigned parking spaces in a secure subterranean garage is a rare and highly valuable asset in a downtown market where parking is often a significant challenge.
The unit features two private balconies providing city views and cross-ventilation, complemented by a communal rooftop BBQ area for elevated entertaining.
The absence of in-unit laundry hookups requires the use of a common laundry room, which may be a convenience drawback for modern buyers seeking total autonomy.
While the property provides two parking spots, the tandem configuration can be inconvenient for multi-driver households, requiring coordination to move vehicles.
327 Chestnut Avenue, Long Beach – A rare opportunity in the heart of it all. This bright 910 sq. ft. condo on the second floor of a well-maintained three-story building is the perfect launchpad for a first-time buyer, young professional, or small family. Inside, you’re welcomed by like-new vinyl plank flooring (replaced within the last five years) that flows through an open, easy-living layout. The two spacious bedrooms offer privacy, while both full bathrooms keep daily routines smooth. But the true highlight? You get two private balconies—ideal for morning coffee or evening wind-downs—framing lovely city views that sparkle day and night. Location is everything, and here you’re steps from the courthouse, City Hall, The Pike, and an ever-growing lineup of trendy dining, boutiques, and nightlife. Beach days and waterfront strolls? Just minutes away. Commuters love the quick access to the 710 freeway. A standout downtown perk: two assigned parking spots in a secure tandem subterranean garage—no street parking stress. Evenings call for rooftop BBQs with friends under the open sky. A common laundry room on the same floor means chores are painless and steps away. Fresh, central, and priced to move. This isn’t just a condo—it’s a lifestyle upgrade waiting for its first proud owner. The seller is motivated and ready to deal. Don’t sleep on this one.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 52% |
| Baths | 2.0 | 1.0 | 55% |
| Square foot | 910 | 859 | 57% |
| Lot Size | 20,534 | 25,055 | 40% |
| Price | $450.0K | $490.0K | 39% |
| Price per sq ft | $495 | $589 | 21% |
| Built year | 1990 | 1973 | 70% |
| HOA | $355.0 | $468 | 33% |
| Days on market | 30 | 151 | 2% |
Jun 3, 2026
$450,000
$460,000
-2% Price Drop
Initial Listing
May 11, 2026
$460,000
$470,000
-2% Price Drop
Initial Listing
May 7, 2026
$470,000
Initial Listing
Apr 1, 2021
$430,000
Public Record
Apr 25, 2005
$299,000
Public Record
Aug 14, 2003
$189,000
Public Record
May 25, 2000
$79,500
Public Record
Nov 24, 1997
$124,500
Public Record