
Long Beach, California 90807
This Spacious 2-Bedroom Condominium represents a Strong Value Opportunity, listed at $549,000—positioned well below the $569,220 Fair Market Value by 3%. This valuation gap offers $20,220 in Instant Equity for the buyer. While the property maintains a Fair Condition Rating with dated finishes, its rare Private 2-Car Garage and 1,281 sqft floor plan provide significant upside. Located in the vibrant Bixby Knolls district, this is an ideal acquisition for Owner-Occupants seeking value or first-time buyers looking to build long-term wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4505 California 402 Subject | $549,000* List Price | 2 | 2 | 1,281 | $444 | - |
A 4505 California Avenue 506 Sold | $585,000 | 2 | 2 | 1,349 | $434 | 0.0 mi |
B 4170 Elm Avenue #117 Sold | $535,000 | 2 | 2 | 1,156 | $463 | 0.4 mi |
C 1203 E San Antonio Sold | $395,000 | 2 | 2 | 919 | $430 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, the property is functional but dated. Images show older bathroom cabinetry, fluorescent light boxes, and louvered doors consistent with a 20+ year old renovation. While the unit features hard surface flooring, the kitchen and baths require cosmetic updates to meet modern standards.
A rare and highly desirable feature for condominium living in Bixby Knolls, providing secure parking and additional storage space that is difficult to find in this market.
The property boasts excellent walkability to the Atlantic Avenue corridor, offering residents easy access to boutique shopping, trendy coffee houses, and popular dining destinations.
With 1,281 square feet, the unit offers a generous floor plan including a large private balcony and a spacious primary suite, significantly exceeding typical condo proportions.
Constructed in 1974, the property may require future investments in updates to older systems or interior finishes to align with modern luxury standards.
The $390 monthly HOA fee represents a significant recurring expense that impacts the overall monthly carrying cost and affordability for potential buyers.
Welcome to 4505 California Ave #402, a spacious and beautifully laid-out 2-bedroom, 2-bath residence in the heart of Bixby Knolls—one of Long Beach’s most sought-after neighborhoods. Offering an exceptional combination of size, functionality, and location, this home stands out with a highly desirable and rarely available private 2-car garage, a true rarity for condo living in this area . Inside, you’ll find an expansive floor plan with generously sized rooms throughout, creating a comfortable and open living environment. Hard surface flooring flows through the main living areas, complemented by a tile kitchen featuring abundant cabinetry, a breakfast bar, and both a formal dining area and separate breakfast nook—ideal for everyday living and entertaining. The oversized living room opens to a large private balcony, perfect for enjoying fresh air, morning coffee, or evening relaxation. Both bedrooms are well-proportioned, with the spacious primary suite offering its own private bathroom and ample closet space. The thoughtful layout provides privacy between living and sleeping areas while maintaining a natural flow throughout the home. Located in the vibrant Bixby Knolls district, this home offers outstanding walkability to the popular Atlantic Avenue corridor, known for its boutique shopping, coffee houses, restaurants, and community events. Enjoy close proximity to parks, local schools, and everyday conveniences, along with easy access to major freeways for a seamless commute. The neighborhood’s tree-lined streets, strong community feel, and ongoing revitalization make it one of Long Beach’s most desirable places to live. Whether you're looking for space, convenience, or lifestyle, this home delivers a rare opportunity to own a well-sized condo with premium features in an unbeatable location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,281 | 926 |
| Lot Size | 27,849 | 30,781 |
| Price | $549.0K | $514.8K |
| Price per sq ft | $429 | $568 |
| Built year | 1974 | 1979 |
| HOA | $390.0 | $475 |
| Days on market | 4 | 76 |
Jul 18, 2026
$549,000
Initial Listing
May 5, 2004
$285,000
Public Record
Apr 30, 2002
$171,000
Public Record
Dec 29, 2000
$136,427
Public Record