
Long Beach, California 90802
This Turnkey Condominium represents a Strong Value Opportunity, listed at $425,000—positioned well below the $466,444 Fair Market Value by 8%. This valuation gap provides $41,444 in Instant Equity for the buyer. With a Condition Rating of 2, the unit features extensive 2022 renovations, including a rewired electrical system and modern kitchen. Located in a prime coastal district near Long Beach Unified schools, this residence is an ideal fit for first-time buyers or urban professionals seeking a secure, move-in-ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 335 Cedar Ave #315 Subject | $425,000* List Price | 2 | 2 | 937 | $498 | - |
A 505 Cedar Avenue 2a Sold | $390,000 | 2 | 2 | 989 | $394 | 0.1 mi |
B 645 Chestnut Sold | $491,000 | 2 | 2 | 934 | $526 | 0.3 mi |
C 720 W 4th Sold | $505,000 | 2 | 2 | 957 | $528 | 0.3 mi |
D 545 Chestnut Ave #207 Sold | $429,000 | 2 | 2 | 932 | $460 | 0.2 mi |
E 360 W Ocean Boulevard 408 Sold | $468,000 | 1 | 1 | 951 | $492 | 0.3 mi |
F 730 W 4th 203 Sold | $538,000 | 2 | 2 | 957 | $562 | 0.3 mi |
G 350 Cedar Avenue 503 Sold | $339,000 | 1 | 1 | 667 | $508 | 0.0 mi |
H 555 Maine Avenue 116 Sold | $525,000 | 2 | 2 | 916 | $573 | 0.4 mi |
I 401 W 5th Street 3b Active Under Contract | $430,000 List Price | 2 | 2 | 956 | $450 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive renovation in 2022 (less than 5 years ago), including a full electrical rewire, new kitchen appliances, waterproof rigid core flooring, and fresh designer paint. Despite the 1965 build date, the recent updates to major systems and interior finishes make it move-in ready with no immediate maintenance required.
The property includes two assigned parking spaces with dedicated EV charging outlets and a fully rewired electrical system, offering rare modern utility and convenience in an urban setting.
Boasting a high walkability factor, the residence is minutes from Downtown Long Beach, the Metro Blue Line, Pine Avenue dining, and the shoreline, making it ideal for commuters and city enthusiasts.
The unit is move-in ready with significant 2022 upgrades, including a remodeled kitchen with newer appliances, 100% waterproof rigid core flooring, and fresh designer paint throughout.
The monthly HOA fee of $1,076.16 is exceptionally high relative to the listing price, which may significantly impact buyer affordability and overall monthly carrying costs.
The home lacks a central cooling system and relies on 1960s-era heated ceilings, which may be a drawback for buyers seeking modern HVAC efficiency and comfort during summer months.
Experience the best of coastal urban living in this beautifully updated residence, ideally situated just minutes from Downtown Long Beach, the shoreline, Pine Avenue, the Metro Blue Line Station, the Public Library, acclaimed restaurants, shopping, and entertainment. Blending modern upgrades with everyday convenience, this move-in-ready home offers an exceptional lifestyle in one of Long Beach's most desirable locations. The secure, freshly painted building welcomes residents with controlled access, a security system, elevator service, community laundry facilities, and a private storage space. Two assigned parking spaces provide added convenience, each equipped with dedicated power outlets for electric vehicles (EV) or plug-in hybrid charging in this sought-after neighborhood. Inside, a thoughtfully renovated interior showcases quality craftsmanship and stylish finishes throughout. The updated kitchen is equipped with newer appliances, including a stove, microwave, refrigerator, dishwasher, and sink, all replaced in 2022. Extensive electrical improvements include fully rewired and grounded wiring completed at move-in, along with upgraded GFCI outlets for enhanced safety and reliability. The kitchen and bathrooms are finished with elegant 100% waterproof rigid core flooring, while fresh designer paint on the walls, doors, and ceilings (2022) creates a bright, sophisticated atmosphere. Updated ceiling fans in the dining area and both bedrooms, modern light fixtures in the hallway and bathrooms, and an upgraded entry door threshold add the perfect finishing touches. For added comfort during cooler months, both bedrooms feature heated ceilings. Offering a rare combination of modern upgrades, secure amenities, two dedicated parking spaces, private storage, and an unbeatable location just moments from the beach and the vibrant heart of Downtown Long Beach, this exceptional residence is the perfect place to enjoy the very best of Southern California living.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 937 | 926 |
| Lot Size | 14,978 | 30,781 |
| Price | $425.0K | $514.8K |
| Price per sq ft | $454 | $568 |
| Built year | 1965 | 1979 |
| HOA | $1076.16 | $475 |
| Days on market | 5 | 76 |
Jul 17, 2026
$425,000
Initial Listing
Mar 30, 2022
$370,000
Public Record
Sep 28, 2018
$315,000
Public Record
Jan 6, 2011
$105,000
Public Record