4527 E Shaw, Long Beach, California 90803, Long Beach, 90803 - 1 bed, 1 bath
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Long Beach, California 90803
This Coastal Belmont Heights Condominium represents a Prime Investment Opportunity, listed at $599,900—positioned below the $616,131 Fair Market Value by 2%. This valuation gap provides $16,231 in Instant Equity. The property holds a Good Condition Rating, featuring high-efficiency Mitsubishi HVAC splits, a detached garage with an EV charger, and original hardwood floors. Located near Lowell Elementary (9/10) and the vibrant Belmont Shore, this turnkey home offers immediate lifestyle value and modern infrastructure. It is an ideal acquisition for coastal professionals or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4527 E Shaw Subject | $599,900* List Price | 1 | 1 | 876 | $703 | - |
A 217 Quincy Ave 2 Sold | $549,500 | 1 | 1 | 766 | $717 | 0.0 mi |
B 383 Bay Shore 307 Active | $724,900 List Price | 1 | 1 | 848 | $855 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and exceptionally well-maintained for its 1955 vintage. It features significant modern upgrades including Mitsubishi HVAC mini-splits, an EV charger, and stainless steel appliances. The original hardwood floors are in excellent condition, and while the kitchen and bathroom retain some older styles like tile countertops, the overall quality, fresh paint, and lack of deferred maintenance justify a 'good' rating.
Elementary School: Lowell Elementary School (9/10).
Situated in the heart of Belmont Heights, this property is just one block from the vibrant shops and dining of Belmont Shore and within walking distance to the ocean, offering an exceptional walkable lifestyle.
The unit is uniquely equipped with high-efficiency Mitsubishi HVAC splits and a detached garage featuring an EV charger, providing modern convenience rarely found in buildings of this vintage.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 2.
The monthly HOA fee of $788 is significantly high for a one-bedroom unit, which may deter budget-conscious buyers or impact financing qualifications.
Constructed in 1955, the property may lack the modern soundproofing and updated plumbing/electrical systems found in newer developments, potentially leading to higher long-term maintenance considerations.
Coastal Charm in the heart of Belmont Heights. This well-appointed 1 bedroom condo on a elevated lot gives you the feel of being on top of the world. Beautiful hardwood floors, large walk-in closet in the living room. Updated with 2 Mitsubishi HVAC splits, 1 in the living room and 1 in the bedroom. Fresh paint through-out. Pull out drawers in the kitchen. Pocket door between the kitchen and hallway. Large built-in storage in the hallway. plus another large closet. 1 car detached garage with an EV charger. Small 8 unit complex. Located a block to the charming shops and restaurants of Belmont Shore, and close to the Ocean.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 45% |
| Baths | 1.0 | 2.0 | 42% |
| Square foot | 876 | 1,034 | 37% |
| Lot Size | 6,353 | 12,874.5 | 26% |
| Price | $599.9K | $699.5K | 34% |
| Price per sq ft | $685 | $719 | 39% |
| Built year | 1955 | 1972 | 11% |
| HOA | $788.0 | $500 | 79% |
| Days on market | 83 | 184 | 26% |
Mar 18, 2026
$599,900
$639,900
-6% Price Drop
Initial Listing
Jan 29, 2026
$639,900
Initial Listing