640 W 4th Street 316, Long Beach, California 90802, Long Beach, 90802 - 2 bed, 2 bath

640 W 4th Street 316, Long Beach, California 90802 home-pic-0
ACTIVE UNDER CONTRACT$499,000
640 W 4th Street 316, Long Beach, California 90802
2Beds
2Baths
916Sqft
29,280Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Modern & Updated Interior: The condo features a beautifully updated, open-concept layout with tastefully renovated bathrooms, creating a contemporary and inviting living space.
Top Cons:
High Monthly HOA Dues: The association fee of $550.0 per month is a significant recurring cost that may impact affordability and long-term ownership expenses.

Compared to the nearby listings

Price:$499.0K vs avg $485.0K (+$14,000)51%
Size:916 sqft vs avg 898 sqft54%
Price/sqft:$545 vs avg $58538%

More Insights

Built in 1990 (35 years old).
Condition: Despite being built in 1990, this condo has undergone extensive and recent renovations. The kitchen features new stainless steel appliances, modern cabinetry, and dark countertops, all in excellent condition. Both bathrooms are tastefully renovated with modern vanities, vessel sinks, contemporary light fixtures, and dark tile. The property boasts hardwood flooring in living areas, modern tile in wet areas, recessed lighting, and a highly efficient mini-split HVAC system, indicating a comprehensive update to current quality standards with no visible deferred maintenance.
Year Built
1990
Close
-
List price
$499K
Original List price
$549K
Price/Sqft
$545
HOA
$550
Days on market
-
Sold On
-
MLS number
PW25158737
Home ConditionExcellent
Features
Deck
Pool
ViewCourtyard

About this home

Welcome Home to 640 W 4th Street, a beautifully updated two-bedroom, two-bath condo in the heart of Downtown Long Beach. This thoughtfully designed home features an open-concept layout where the kitchen, dining area, and living room flow together seamlessly, creating an ideal space for entertaining, hosting dinner parties, or simply relaxing at home. The open kitchen offers ample counter space, modern updates, new stainless steel stove, refrigerator and microwave, and a functional layout that makes cooking and gathering effortless. Large bedrooms and tastefully renovated bathrooms offer a refined and inviting atmosphere. Comfort is made easy with a highly efficient mini split HVAC system, quiet, cost-friendly, and effective for both cooling and heating, giving you the option to rely on it instead of central heat. Step out to your private balcony for morning coffee or evening wind-downs, with a peaceful view inward toward the fountain. This orientation offers a quiet and calming atmosphere, making the home feel like a retreat in the middle of the city. The building provides secured entry, a rooftop pool, and two parking spaces in a gated subterranean garage. All of this within close proximity to the best dining, shopping, and entertainment Downtown Long Beach has to offer, with easy access to freeways and nearby parks.

Nearby schools

5/10
Edison Elementary School
Public,K-50.2mi
7/10
International Elementary School
Public,K-50.6mi
7/10
Stevenson Elementary School
Public,K-51.0mi
6/10
Chavez Elementary School
Public,K-51.0mi
7/10
Roosevelt Elementary School
Public,K-51.3mi
7/10
Lincoln Elementary School
Public,K-51.5mi
6/10
Washington Middle School
Public,6-81.0mi
6/10
Franklin Classical Middle School
Public,6-81.3mi
6/10
Polytechnic High School
Public,9-121.4mi
3/10
Cabrillo High School
Public,9-121.8mi

Price History

Date
Event
Price
10/21/15
Sold
$307,000
12/11/07
Sold
$345,000
Condition Rating
Excellent

Despite being built in 1990, this condo has undergone extensive and recent renovations. The kitchen features new stainless steel appliances, modern cabinetry, and dark countertops, all in excellent condition. Both bathrooms are tastefully renovated with modern vanities, vessel sinks, contemporary light fixtures, and dark tile. The property boasts hardwood flooring in living areas, modern tile in wet areas, recessed lighting, and a highly efficient mini-split HVAC system, indicating a comprehensive update to current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Modern & Updated Interior: The condo features a beautifully updated, open-concept layout with tastefully renovated bathrooms, creating a contemporary and inviting living space.
Gourmet Kitchen with New Appliances: The open kitchen boasts modern updates, ample counter space, and new stainless steel appliances (stove, refrigerator, microwave), making it highly functional.
Efficient Climate Control: Equipped with a highly efficient mini-split HVAC system, the unit offers quiet, cost-friendly, and effective cooling and heating.
Premium Building Amenities & Security: Residents benefit from secured entry, a rooftop pool, and two dedicated parking spaces in a gated subterranean garage, enhancing convenience and lifestyle.
Exceptional Downtown Location: Situated in the heart of Downtown Long Beach, the property offers close proximity to dining, shopping, entertainment, freeways, and parks.

Cons

High Monthly HOA Dues: The association fee of $550.0 per month is a significant recurring cost that may impact affordability and long-term ownership expenses.
Recent Price Reductions: Multiple price drops from the original list price of $549,000 to $499,000 could suggest initial overpricing or challenges in attracting buyers at its perceived value.
Limited Balcony View: While peaceful, the private balcony offers an inward view towards a fountain, which may not appeal to buyers seeking expansive city or ocean views typically found in downtown condos.

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