3488 Hathaway, Long Beach, California 90815, Long Beach, 90815 - 1 bed, 1 bath
3488 Hathaway
Long Beach, California 90815
Property Price
SUMMARY
Analysis of 3488 Hathaway, Long Beach, California 90815 is currently available with a list price of $398,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1990, this condo is 34 years old. While described as 'well maintained,' the interior, especially the kitchen with its older white electric appliances, laminate countertops, and dated cabinets, along with the bathroom's tile style and carpeted living areas, indicates that the property has not undergone significant modern renovations in the last 15-20 years. The components are functional but clearly outdated, suggesting it requires minor updates to meet current aesthetic standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Community
Gated community in a desirable Long Beach area, offering ocean breezes and proximity to Belmont Shore, shopping, dining, and schools.
- Comprehensive Amenities
Resort-like community amenities include a swimming pool, jacuzzi, fitness center, clubhouse, and secured covered parking.
- In-Unit Comforts & Inclusions
Features central air conditioning and heating, a private in-unit washer/dryer (included), an open floor plan, and a large balcony deck.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =220381, other record lot size in square feet = 220473. Living area discrepancy between mls listing and other public or private record. mls listing living area = 540, other record living area = 900. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 2.
- Limited Living Space
The unit is a compact 1 bed/1 bath with only 540 sqft, which may be restrictive for some buyers seeking more spacious living.
- Substantial HOA Fee
The monthly HOA fee of $473.77 is relatively high for a unit of this size, potentially impacting overall affordability and cash flow.
About 3488 Hathaway
Huge reduction in price. A well maintained condo in "The Palms". The Palms is comprised of 125 units in a gated community in a desirable area in Long Beach. It offers a resort like amenities with the ocean breezes. Unit 251 is a 1 bed/1 bath condo on the 2nd floor. It has an open floor plan, breakfast bar, electric kitchen appliances, large balcony deck, separate laundry area with your own private washer/dryer, central air conditioning and heating. Washer/Dryer are included in the sale. Assigned covered parking space. Water, trash & sewer are included in the monthly HOA fee. Pets are allowed under 35 lbs. Community amenities include secured parking, community swimming pool & jacuzzi, fitness center & clubhouse. The Palms is close to Belmont Shore, located within a 10-40 minute drive, and is convenient to many other attractions like Signal Hill and Naples, as well as being near shopping, restaurants, and schools. Built in 1990, The unit is FHA approved.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1990
- Lot Size
- 220,381 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $473.77 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 38% |
| Baths | 1.0 | 2.0 | 46% |
| Square foot | 540 | 942.5 | 13% |
| Lot Size | 220,381 | 79,747 | 67% |
| Price | $398.0K | $519.2K | 13% |
| Price per sq ft | $737 | $528 | 88% |
| Built year | 1990 | 1982 | 83% |
| HOA | $473.77 | $498 | 42% |
| Days on market | 56 | 183 | 8% |
Pricing History
Listed for Sale
Mar 2, 2026
$398,000
$420,000
-5% Price Drop
Initial Listing
Price Change
Feb 6, 2026
$420,000
$423,000
-1% Price Drop
Initial Listing
Price Change
Jan 22, 2026
$423,000
$428,000
-1% Price Drop
Initial Listing
Price Change
Jan 9, 2026
$428,000
Initial Listing
Sold
Nov 4, 2009
$289,000
Public Record
Sold
Apr 18, 2005
$400,000
Public Record