
Long Beach, California 90802
This property presents a Strong Value Opportunity with a List Price of $499,000—positioned well below the $469,015 Fair Market Value by -6%. While the property requires cosmetic updates to its Fair Condition Rating of 4, it offers significant utility through Dual Parking Spaces and Central HVAC in a prime Downtown Long Beach location. The unit provides a functional layout with City Views and In-Unit Laundry, making it a stable asset for those willing to modernize the interior. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 555 Maine Avenue 303 Subject | $499,000* List Price | 2 | 2 | 908 | $517 | - |
A 730 W 4th Street 120 Sold | $490,000 | 2 | 2 | 1,015 | $483 | 0.2 mi |
B 545 Chestnut 116 Sold | $385,000 | 2 | 2 | 926 | $416 | 0.2 mi |
C 645 Chestnut Avenue 316 Sold | $470,000 | 2 | 2 | 867 | $542 | 0.3 mi |
D 640 W 4th Street 401 Sold | $455,000 | 2 | 2 | 1,017 | $447 | 0.2 mi |
E 637 Atlantic 3 Sold | $465,000 | 2 | 2 | 820 | $567 | 0.9 mi |
F 730 215 W 4th Street Sold | $510,000 | 2 | 2 | 957 | $533 | 0.4 mi |
G 555 Maine Avenue 207 Sold | $522,000 | 2 | 2 | 907 | $576 | - |
H 535 W 4th Active | $472,500 List Price | 2 | 2 | 904 | $523 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991, this 35-year-old property is dated and largely original. While it features a brand new gas range and well-maintained wood flooring, the kitchen retains dated ceramic tile countertops and the bathrooms appear to be from the original construction, requiring cosmetic updates to meet modern standards.
The inclusion of two dedicated parking spaces in a community garage is a significant premium for the Downtown Long Beach area, where parking is typically limited and highly valued.
The unit is equipped with highly desirable features including central heating and air conditioning, plus private in-unit laundry with the washer and dryer remaining for the buyer.
A private balcony offers elevated city views and glimpses of the Port of Long Beach, providing a functional outdoor retreat to enjoy the coastal breeze and natural light.
The kitchen's ceramic tile countertops and the carpeted primary bedroom may feel dated to modern buyers, potentially requiring additional investment for cosmetic upgrades.
With 908 square feet split between two bedrooms and two bathrooms, the interior layout may feel somewhat constrained for those prioritizing expansive living areas.
Welcome to 555 Maine Avenue #303, a light filled Long Beach condo offering comfortable everyday living, generous storage, and city views just minutes from Downtown. Inside, warm wood flooring carries through the main living spaces, where an open living and dining area is filled with natural light and opens directly to a private balcony. Step outside and take in elevated city views with a glimpse of the Port of Long Beach, an ideal spot for morning coffee, evening sunsets, or simply enjoying the coastal breeze. The kitchen offers ample cabinetry, ceramic tile countertops, a brand new gas range and oven, built in microwave, dishwasher, and garbage disposal, with a functional layout that keeps everything within easy reach. The home features two bedrooms and two bathrooms, including a primary bedroom with carpeting and plenty of closet space. Private in unit laundry adds everyday convenience, with the washer and dryer remaining with the home. Additional highlights include central heating and air conditioning, two parking spaces in the community garage, and bike storage. With its private outdoor space, city views, in unit laundry, two car parking, and convenient Long Beach location, #303 offers a great combination of comfort, function, and opportunity.
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 | 908 | 924.282 |
| Lot Size | 54,318 | 30,288.04 |
| Price | $499.0K | $521.1K |
| Price per sq ft | $550 | $569 |
| Built year | 1991 | 1976 |
| HOA | $342.0 | $460 |
| Days on market | 21 | 74 |
Aug 19, 2026
$499,000
Initial Listing
Feb 24, 2011
$200,000
Public Record
Nov 16, 2006
$360,000
Public Record
Aug 17, 2004
$305,000
Public Record
May 7, 1996
$60,000
Public Record