545 Chestnut Avenue 203, Long Beach, California 90802, Long Beach, 90802 - 1 bed, 1 bath
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Long Beach, California 90802
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $319,000—positioned well below the $312,520 Fair Market Value by -2%. Featuring a Condition Rating of 4, the unit offers a clean, updated aesthetic with new flooring and fresh paint. Located in the heart of Long Beach, residents enjoy proximity to the waterfront and a walkable downtown lifestyle. This property is an ideal acquisition for first-time buyers or urban professionals seeking a low-maintenance, centrally located residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 545 Chestnut Avenue 203 Subject | $319,000* List Price | 1 | 1 | 666 | $469 | - |
A 545 Chestnut 116 Sold | $385,000 | 2 | 2 | 926 | $416 | 0.0 mi |
B 640 W 4th 101 Sold | $300,000 | 1 | 1 | 644 | $466 | 0.3 mi |
C 250 Linden Avenue 25 Sold | $310,000 | 1 | 1 | 597 | $519 | 0.7 mi |
D 102 Lime Avenue 6 Sold | $337,000 | 1 | 1 | 684 | $493 | 0.9 mi |
E 528 Cedar Boulevard 1f Sold | $315,000 | 1 | 1 | 812 | $388 | 0.1 mi |
F 100 Atlantic Sold | $370,000 | 2 | 1 | 820 | $451 | 0.8 mi |
G 730 W 4th Street 107 Sold | $351,000 | 1 | 2 | 588 | $597 | 0.3 mi |
H 140 Linden 354 Sold | $380,000 | 1 | 1 | 628 | $605 | 0.7 mi |
I 615 Broadway Active | $375,000 List Price | 1 | 1 | 720 | $521 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, the unit has received recent cosmetic updates including new flooring and fresh paint, making it move-in ready. However, the kitchen and bathroom fixtures remain dated, and the building systems are over 50 years old without mention of major mechanical or structural overhauls.
The property is ideally situated in the heart of Long Beach, offering exceptional walkability to the waterfront, downtown dining, and easy access to public transportation and major freeways.
The unit has been recently updated with fresh paint and new flooring, providing a clean and modern aesthetic that allows for immediate occupancy without the need for initial renovations.
The inclusion of a dedicated, secured parking space with additional storage is a significant value-add in a dense urban area where parking is often at a premium.
The unit relies on community laundry facilities rather than having in-unit hookups, which may be a convenience drawback for modern buyers.
At 666 square feet, the living area is relatively small, which could limit appeal for those seeking more spacious accommodations or a dedicated home office area.
545 Chestnut Avenue… unit 203… in Lincoln Park Towers … a sunny and spacious 1 bedroom condominium nicely updated with fresh paint and new flooring… only minutes from the vibrance of the the waterfront, downtown, public transportation and freeways to all of Southern California. A few blocks up from Ocean Boulevard, this sunny location on Chestnut Avenue has an extra wide with a variety of vintage Victorian and Craftsman homes. Approach past the tree-shaded central courtyard… ascend via the elevator or stairway… then enter the sun-filled living and dining rooms… extending to kitchen with great storage and counter space. Central storage includes 4 linen cabinets and a wardrobe closet. The bathroom features a tub/ shower. A large sun-filled bedroom boasts a huge 3 door wardrobe closet. Secured 1 car parking space #42 with storage... large laundry… plus a community recreation room. Truly an amazing unit of embracing warmth… in a wonderful downtown location!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 666 | 926 |
| Lot Size | 20,550 | 30,781 |
| Price | $319.0K | $514.8K |
| Price per sq ft | $479 | $568 |
| Built year | 1972 | 1979 |
| HOA | $340.0 | $475 |
| Days on market | 23 | 76 |
Jun 29, 2026
$319,000
Initial Listing
Dec 31, 2008
$127,000
Public Record
Jan 31, 2007
$255,000
Public Record
Feb 21, 2002
$105,000
Public Record
Dec 12, 2001
$78,000
Public Record