640 W 4th 315, Long Beach, California 90802, Long Beach, 90802 - 2 bed, 2 bath
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Long Beach, California 90802
This Modern Downtown Condominium is a Prime Investment Opportunity, listed at $449,900—positioned well below the $473,329 Fair Market Value by 4%. This valuation gap offers $23,429 in Instant Equity for the incoming owner. Maintaining a Condition Rating of 3, the residence features a recently updated kitchen with recessed lighting and newer appliances. Residents enjoy premium community amenities including a rooftop pool and spa with city skyline views, all within walking distance to Shoreline Village. This polished residence is perfectly suited for urban professionals or first-time buyers seeking a turnkey, value-driven asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 640 W 4th 315 Subject | $449,900* List Price | 2 | 2 | 915 | $517 | - |
A 640 W 4th Street 401 Sold | $455,000 | 2 | 2 | 1,017 | $447 | 0.0 mi |
B 555 Maine Avenue 116 Sold | $525,000 | 2 | 2 | 916 | $573 | 0.2 mi |
C 730 215 W 4th Street Sold | $510,000 | 2 | 2 | 957 | $533 | 0.4 mi |
D 640 W 4th Street 316 Sold | $490,000 | 2 | 2 | 916 | $535 | 0.0 mi |
E 730 W 4th 203 Sold | $538,000 | 2 | 2 | 957 | $562 | 0.1 mi |
F 555 Maine Avenue 425 Sold | $555,000 | 2 | 2 | 906 | $613 | 0.2 mi |
G 640 W 4th Street 204 Active | $475,000 List Price | 2 | 2 | 945 | $503 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1990, this property is well-maintained and functional. The kitchen has been recently updated with newer stainless steel appliances, recessed lighting, and stone countertops, making it move-in ready. While some finishes like the cabinetry and vinyl flooring are older, the overall condition is turn-key.
Situated in the heart of Downtown Long Beach, this property offers exceptional walkability to Shoreline Village, the Aquarium of the Pacific, and a vibrant array of coastal dining and entertainment.
The unit features a recently updated kitchen with recessed lighting and newer appliances, along with the highly desirable convenience of in-unit laundry and a functional open floor plan.
Residents benefit from a secure, pet-friendly building featuring a rooftop pool and spa with panoramic city views, providing a resort-like atmosphere in a dense urban setting.
While the community offers rooftop vistas, the specific unit is listed as having no view, which may limit the sense of openness compared to other coastal condominiums.
The property is zoned for schools with mixed ratings, specifically a high school with a lower performance score, which may be a concern for families prioritizing education.
GREAT BONES, GREAT LOCATION, GREAT OPPORTUNITY. This Downtown Long Beach condo is your chance to step into a vibrant coastal lifestyle and make a space truly your own. Last sale on 5/22/26 was at $475K! Ideally located just minutes from Shoreline Village, the Aquarium of the Pacific, restaurants, shopping and entertainment, the setting offers the best of walkable city living with easy freeway access when you need it. Parks, green space and local schools are all nearby, adding to the everyday convenience. Inside, the home offers a functional, open layout with a private balcony for fresh air and outdoor relaxation. Start your day on the balcony with a cup of coffee or choose to unwind after a long day with the coastal air. The primary suite includes a walk-in closet and en-suite bath, while in-unit laundry and a recently updated kitchen with recessed lighting and newer appliances provide a turn-key property. The community is secure, pet-friendly and well-equipped with elevator access and peaceful landscaped areas with water features and a rooftop pool and spa that overlooks Long Beach's city scape. Whether you are looking for a place to make your own or a long-term investment in a strong location, this is a flexible opportunity with plenty of upside in the heart of Long Beach.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.0 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 | 56% |
| Square foot | 915 | 860 | 58% |
| Lot Size | 29,280 | 29,185.199 | 50% |
| Price | $449.9K | $490.0K | 39% |
| Price per sq ft | $492 | $589 | 19% |
| Built year | 1990 | 1973 | 69% |
| HOA | $423.0 | $475 | 41% |
| Days on market | 47 | 155 | 2% |
Apr 20, 2026
$449,900
Initial Listing
Jan 13, 2010
$208,000
Public Record
Apr 30, 2003
$196,000
Public Record
Apr 30, 2002
$157,000
Public Record
Jun 11, 2001
$143,000
Public Record