327 Chestnut Avenue 201, Long Beach, California 90802, Long Beach, 90802 - 2 bed, 2 bath
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Long Beach, California 90802
This Stylish Downtown Condominium is listed at $480,000, offering a market-aligned opportunity near its $466,200 Fair Market Value. Maintaining a Condition Rating of 4, the residence is move-in ready with updated LVP flooring and fresh paint. Key highlights include Two Private Balconies and the rare downtown luxury of Two Assigned Parking Spaces. Situated within the Long Beach Unified district near International Elementary, this home provides an elite walkable lifestyle steps from The Pike. It is perfectly suited for urban professionals or first-time buyers seeking a turnkey coastal retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 327 Chestnut Avenue 201 Subject | $480,000* List Price | 2 | 2 | 910 | $512 | - |
A 555 Maine Avenue 215 Sold | $454,900 | 2 | 2 | 908 | $501 | 0.3 mi |
B 445 W 6th Street W 309 Sold | $449,000 | 2 | 2 | 865 | $519 | 0.2 mi |
C 730 215 W 4th Street Sold | $510,000 | 2 | 2 | 957 | $533 | 0.2 mi |
D 555 Maine Avenue 101 Sold | $516,000 | 2 | 2 | 996 | $518 | 0.3 mi |
E 535 Magnolia Avenue 101 Sold | $465,000 | 2 | 2 | 1,014 | $459 | 0.2 mi |
F 637 Atlantic 3 Sold | $465,000 | 2 | 2 | 820 | $567 | 0.7 mi |
G 720 W 4th Street 104 Active | $479,900 List Price | 2 | 2 | 957 | $501 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990, this property is well-maintained with recent updates like LVP flooring and fresh paint, making it move-in ready. However, the kitchen features dated light green cabinets and an older white refrigerator, despite some newer stainless steel appliances. Bathrooms have updated shower tiles but standard, somewhat dated vanities and lighting. The presence of a wall-mounted heater/AC unit instead of central HVAC also indicates an older system. While functional, it shows its age and would benefit from further modernization.
The property boasts a prime downtown Long Beach location, offering direct access to amenities, dining, entertainment, and waterfront attractions, promoting a vibrant urban living experience.
The inclusion of two assigned parking spaces is a significant advantage and a rare luxury in a dense downtown environment, adding considerable convenience and value.
Two spacious balconies provide desirable private outdoor areas for relaxation, morning coffee, or evening sunsets, enhancing the living experience.
Multiple price drops from the original list price of $535,000 to the current $480,000 suggest potential challenges with market valuation or buyer interest at previous price points.
The monthly association fee of $355 adds a recurring cost to homeownership, which can be a significant consideration for budget-conscious buyers.
At 910 sqft, the unit offers a relatively compact living area, which may not appeal to buyers seeking more expansive space or those with larger household needs.
Stylish 2-Bed, 2-Bath Downtown Long Beach Apartment – Walk to Everything! Welcome to your new urban oasis in the heart of Downtown Long Beach! This bright and inviting 2-bedroom, 2-bathroom apartment offers the perfect blend of convenience and comfort, just steps from the courthouse, City Hall, The Pike, and vibrant downtown dining and entertainment. Two spacious balconies – perfect for morning coffee or evening sunsets. Two assigned parking spaces – a rare downtown luxury Walkable lifestyle – shops, restaurants, and the beach are moments away Easy freeway access (near the 710) for seamless commuting Live where the action is! Stroll to waterfront attractions, catch a concert at the Terrace Theater, or explore the eclectic arts scene—all from your front door. Don’t wait, your next adventure in this Downtown Long Beach apartment today!
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 | 53% |
| Baths | 2.0 | 1.0 | 53% |
| Square foot | 910 | 880 | 54% |
| Lot Size | 20,534 | 22,651.199 | 40% |
| Price | $480.0K | $485.0K | 48% |
| Price per sq ft | $527 | $578 | 30% |
| Built year | 1990 | 1973 | 67% |
| HOA | $355.0 | $475 | 31% |
| Days on market | 350 | 184 | 95% |
Nov 8, 2025
$480,000
$494,000
-3% Price Drop
Initial Listing
Sep 13, 2025
$494,000
$499,000
-1% Price Drop
Initial Listing
Sep 1, 2025
$499,000
Initial Listing
May 7, 2025
$535,000
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