
Long Beach, California 90814
This Turnkey Condominium represents a Strong Value Opportunity, listed at $495,000—positioned well below the $519,264 Fair Market Value by 4%. This valuation gap provides $24,264 in Instant Equity for the buyer. Featuring a Good Condition Rating with modern kitchen and bath updates, this home offers a seamless coastal lifestyle in the sought-after Bluff Heights neighborhood. With its prime location near 2nd Street and low HOA fees, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 360 Gladys Avenue 1 Subject | $495,000* List Price | 2 | 2 | 854 | $608 | - |
A 645 Temple 5 Sold | $495,000 | 2 | 2 | 770 | $643 | 0.3 mi |
B 360 Obispo Avenue 15 Sold | $575,000 | 2 | 2 | 855 | $673 | 0.2 mi |
C 2805 E 3rd 21 Sold | $520,000 | 2 | 2 | 1,000 | $520 | 0.2 mi |
D 2844 E 3rd St 210 Sold | $582,450 | 2 | 2 | 982 | $593 | 0.2 mi |
E 334 Gladys Sold | $635,000 | 2 | 2 | 1,018 | $624 | 0.1 mi |
F 345 Wisconsin 207 Sold | $428,500 | 1 | 1 | 715 | $599 | 0.3 mi |
G 3045 E Theresa 1 Active | $535,000 List Price | 2 | 1 | 840 | $637 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1973 but features significant updates that make it move-in ready. The kitchen has been modernized with stainless steel appliances and stone countertops, and the bathrooms show updated vanities and fixtures. These renovations appear to be within the 5-15 year range, placing it firmly in the Good category.
Situated in the highly desirable Bluff Heights neighborhood, this property offers exceptional proximity to the beach, Belmont Shore, and the popular shopping and dining corridor of 2nd Street.
The home is move-in ready with tasteful modern updates and a bright, functional layout, significantly reducing the need for immediate capital expenditure on renovations.
With a list price under $500,000 and a relatively low monthly HOA fee of $319, this unit represents an affordable entry point into a premium Long Beach market for first-time buyers or investors.
The absence of in-unit laundry hookups may be a disadvantage for buyers prioritizing convenience, as the property relies on communal on-site facilities.
Being a first-floor unit with no designated view, the property lacks the aesthetic appeal of higher-floor residences that often capture coastal breezes or neighborhood vistas.
Located in the Bluff Heights neighborhood of Long Beach, this move-in-ready, updated first-floor home offers comfortable living just minutes from the beach, Belmont Shore, and the shops and restaurants along 2nd Street. The home features 2 bedrooms and 1.5 bathrooms with a bright and functional layout designed for easy everyday living. Natural light fills the interior, while tasteful updates throughout create a clean and welcoming feel. The spacious primary bedroom offers a comfortable retreat, and the second bedroom provides flexibility for guests, a home office, or additional living space. The first-floor location allows for convenient access and a seamless flow throughout the home. Additional features include private garage parking and on-site laundry facilities for added convenience. Ideally situated near dining, entertainment, and major freeways, this home offers a great opportunity to enjoy the Long Beach coastal lifestyle in one of the area's most sought-after neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 854 | 991 | 41% |
| Lot Size | 13,005 | 14,238.5 | 45% |
| Price | $495.0K | $565.0K | 41% |
| Price per sq ft | $580 | $599 | 36% |
| Built year | 1973 | 1973 | 50% |
| HOA | $319.0 | $428 | 32% |
| Days on market | 22 | 148 | 9% |
May 15, 2026
$495,000
Initial Listing
Aug 12, 2024
$450,000
Public Record
Sep 21, 2012
$190,000
Public Record