
Long Beach, California 90802
This Turnkey Condominium represents a Strong Value Opportunity, listed at $445,000—positioned well below the $470,202 Fair Market Value by 5%. This valuation gap provides $25,202 in Instant Equity for the buyer. Featuring an Updated Kitchen, In-Unit Laundry, and Two Deeded Parking Stalls, the property maintains a Condition Rating of 3. Residents enjoy a Rooftop Pool and Spa with panoramic ocean views. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 640 W 4th 315 Subject | $445,000* List Price | 2 | 2 | 915 | $514 | - |
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 720 W 4th Sold | $505,000 | 2 | 2 | 957 | $528 | 0.0 mi |
D 640 W 4th Street 316 Sold | $490,000 | 2 | 2 | 916 | $535 | 0.0 mi |
E 555 Maine Avenue 425 Sold | $566,000 | 2 | 2 | 906 | $625 | 0.2 mi |
F 730 215 W 4th Street Sold | $510,000 | 2 | 2 | 957 | $533 | 0.4 mi |
G 730 W 4th 203 Sold | $538,000 | 2 | 2 | 957 | $562 | 0.1 mi |
H 645 Chestnut Avenue 316 Sold | $470,000 | 2 | 2 | 867 | $542 | 0.3 mi |
I 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.
Although built in 1990 (36 years old), the property features an updated kitchen, newer appliances, and fresh paint and carpet. It is well-maintained and move-in ready, fitting the criteria for a property with a 5-15 year renovation cycle.
Situated in the heart of Downtown Long Beach, this property offers exceptional walkability to Shoreline Village, the Aquarium, and local dining, while maintaining easy freeway access for commuters.
The unit features a modern open-concept layout with an updated kitchen, in-unit laundry, and two rare deeded parking stalls, complemented by a rooftop pool with panoramic ocean views.
Priced below recent two-bedroom sales within the Sunset Pointe building, this listing offers a unique opportunity for buyers to acquire immediate equity in a competitive coastal market.
The monthly HOA fee of $660 is relatively high for a sub-1,000 square foot unit, which may impact the debt-to-income ratio and overall affordability for some buyers.
The property is zoned for local schools with lower performance ratings, specifically Cabrillo High School at a 3/10, which may deter families prioritizing educational rankings.
Downtown Vibe mixed with with private, peaceful secluson. 640 W. 4th #315 is located in the heart of urban Long Beach yet also is coastally calm. Minutes from Shoreline Village, the Aquarium of the Pacific, The Port of Long Beach, restaurants, shopping and entertainment, this central location offers the best of walkable city living but also easy freeway access when you need it. Parks, green space and local schools are all nearby, adding to your everyday convenience. The home features open concept kitchen, dining and living room that flow to your private balcony. Start your day on your balcony facing the community's peaceful water feature and unwind after a long day in front of your cozy livingroom fireplace. With unique ocular ceiling architecture above the dining area, primary suite with walk-in closet & en-suite bath, in-unit laundry, updated kitchen, recessed lighting, newer appliances, paint & carpet, 2 secure & deeded subterranean parking stalls complete this total package. The building, Sunset Pointe has a clean contemporary Art Deco style, is secure, pet-friendly, well-equipped with elevator access, peaceful landscaped areas and a spectacular rooftop pool, spa and deck area that have panoramic skyline and ocean views by day and twinkling city lights by night. Priced below all recent 2 bedroom sales within the building this is your opportunity to immediately walk into equity.
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 |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 915 | 926 |
| Lot Size | 29,280 | 30,781 |
| Price | $445.0K | $514.8K |
| Price per sq ft | $486 | $568 |
| Built year | 1990 | 1979 |
| HOA | $660.0 | $475 |
| Days on market | 8 | 76 |
Jul 14, 2026
$445,000
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