
Long Beach, California 90802
This Move-in Ready Condominium presents a High-Potential Investment Opportunity with a List Price of $525,000—positioned well below the $538,506 Fair Market Value by 2%. This valuation gap offers $13,506 in Instant Equity. Featuring a Condition Rating of 3, the unit includes modern mini-split HVAC, laminate wood floors, and a private patio. Ideally located near downtown Long Beach, this property is a perfect fit for Buy-and-Hold Investors or first-time buyers seeking a turnkey urban residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 401 W 5th Street 1a Subject | $525,000* List Price | 2 | 2 | 1,126 | $478 | - |
A 640 W 4th Street 401 Sold | $455,000 | 2 | 2 | 1,017 | $447 | 0.2 mi |
B 555 Maine Avenue 116 Sold | $525,000 | 2 | 2 | 916 | $573 | 0.2 mi |
C 939 E Appleton E 26 Sold | $500,000 | 2 | 2 | 919 | $544 | 0.9 mi |
D 545 Chestnut 116 Sold | $385,000 | 2 | 2 | 926 | $416 | 0.1 mi |
E 730 215 W 4th Street Sold | $510,000 | 2 | 2 | 957 | $533 | 0.2 mi |
F 375 Atlantic Avenue 508 Sold | $430,000 | 2 | 2 | 956 | $450 | 0.7 mi |
G 401 W 5th Street 3b Active | $439,000 List Price | 2 | 2 | 956 | $459 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1964, the unit is well-maintained and move-in ready with updates likely within the 5-15 year range. Key improvements include modern mini-split HVAC systems, laminate wood flooring, stainless steel appliances, and a new complex roof installed in 2024.
The property features a highly coveted attached one-car garage with direct access plus an additional driveway space, providing a total of two parking spots—a rare luxury for downtown Long Beach living.
Situated in the heart of downtown, the condo offers unbeatable proximity to Pine Avenue, The Pike Outlets, and future 2028 Olympic venues, ensuring high walkability and long-term investment potential.
The home is equipped with efficient mini-split cooling systems and benefits from a brand-new roof installed in 2024, offering immediate comfort and reduced maintenance concerns for the new owner.
The listing indicates no specific views from the unit, which may be a drawback for buyers seeking the coastal or city skyline vistas often associated with high-density Long Beach residences.
The assigned high school has a low performance rating of 3, which could potentially limit the property's appeal to families with school-aged children or impact future resale value.
This charming and spacious downtown condo delivers what most can’t…an attached one-car garage with direct access, providing ease, privacy, and a true sense of home! A driveway leading to the garage also provides the luxury of a second parking spot! Once inside you’ll notice warm, laminate wood floors and an abundance of natural light throughout, while the expansive living and dining area provides a wonderful setting for both relaxation and hosting family and friends. The kitchen features stainless steel appliances and overlooks a private courtyard, adding a touch of tranquility to your daily routine. Down the hall, you’ll find a full guest bathroom and a comfortable secondary bedroom, while the primary suite boasts a ¾ ensuite bathroom and a generous walk-in closet. Mini-split systems throughout the home ensure efficient cooling during warmer months, while the secluded patio offers the perfect place to unwind and enjoy the coastal breeze. The washer and dryer are conveniently located in the garage, and a new roof was installed in 2024 at The Tiffany complex, offering added value and peace of mind! Ideally located just minutes from vibrant shopping and dining on Pine Avenue and The Pike Outlets, as well as popular attractions like the Aquarium of the Pacific, The Queen Mary, and the upcoming Long Beach Amphitheatre, this home offers an unbeatable location. With easy access to entertainment, waterfront activities, and several 2028 Summer Olympics venues, this condo truly puts you at the heart of it all!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.7 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 | 55% |
| Square foot | 1,126 | 856 | 81% |
| Lot Size | 7,887 | 25,055 | 23% |
| Price | $525.0K | $492.5K | 61% |
| Price per sq ft | $466 | $579 | 13% |
| Built year | 1964 | 1973 | 39% |
| HOA | $433.07 | $471 | 46% |
| Days on market | 0 | 158 | 1% |
Apr 23, 2026
$525,000
Initial Listing
Feb 20, 2020
$455,000
Public Record
Jan 27, 2011
$180,000
Public Record
Feb 23, 1999
$56,000
Public Record