
Long Beach, California 90802
This Turnkey Condominium is a Strong Value Opportunity, listed at $497,000—positioned well below the $505,585 Fair Market Value by 1.7%. This valuation gap offers $8,585 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home includes a modern kitchen, updated bathrooms, and a private patio with a Tree Canopy View. Located near Downtown Long Beach, this property is an ideal sanctuary for first-time buyers or urban professionals seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 645 Chestnut 305 Subject | $489,000* List Price | 2 | 2 | 867 | $573 | - |
A 421 W 6th 208 Sold | $500,000 | 2 | 2 | 896 | $558 | 0.0 mi |
B 555 Maine 130 Sold | $485,000 | 2 | 2 | 892 | $544 | 0.3 mi |
C 555 Maine Avenue 425 Sold | $566,000 | 2 | 2 | 906 | $625 | 0.3 mi |
D 645 Chestnut Avenue 316 Sold | $470,000 | 2 | 2 | 867 | $542 | 0.0 mi |
E 720 W 4th Sold | $505,000 | 2 | 2 | 957 | $528 | 0.3 mi |
F 555 Maine Avenue 207 Sold | $522,000 | 2 | 2 | 907 | $576 | 0.3 mi |
G 730 W 4th 203 Sold | $538,000 | 2 | 2 | 957 | $562 | 0.4 mi |
H 555 Maine Avenue 116 Sold | $525,000 | 2 | 2 | 916 | $573 | 0.3 mi |
I 720 W 4th 318 Active | $499,000 List Price | 2 | 2 | 957 | $521 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1986, the property has undergone a recent high-end renovation (likely <5 years) featuring a modern kitchen with white shaker cabinetry and stainless steel appliances, updated bathrooms with stone tile and rainfall shower heads, and includes functional central HVAC and in-unit laundry.
As a top-floor unit with vaulted ceilings and a skylight, this home offers a bright, airy atmosphere and the significant advantage of having no neighbors living above.
The property features a tastefully remodeled kitchen with shaker cabinetry and stainless steel appliances, along with updated bathrooms, providing a move-in-ready experience for the buyer.
Residents enjoy premium conveniences including a rooftop deck with lounge, a spa, and a highly desirable assigned parking space located just steps from the elevator.
With 867 square feet for a two-bedroom, two-bathroom layout, the living spaces may feel somewhat confined for those requiring larger furniture or extensive storage.
The assigned high school carries a lower performance rating, which may be a concern for families with children or impact future resale value to specific buyer demographics.
Welcome to 645 Chestnut Avenue #305, a top-floor 2 bedroom, 2 bathroom condo in a convenient Long Beach location. With no one above, vaulted ceilings, a skylight, and a private patio shaded by mature trees, the home offers a bright and peaceful setting. **For added buyer confidence, the unit has passed its required balcony inspection, recent conventional-financed sales have successfully closed, and the seller reports no claims or material issues with the unit during approximately seven years of ownership.** The home features an updated kitchen with white shaker cabinets, stainless steel appliances, and a gas range, plus central air and heat, in-home laundry, two full bathrooms, and gated assigned parking near the elevator. Community amenities include a rooftop deck and lounge, spa, clubhouse, guest parking, and bike storage. Water and trash are included in the HOA dues. Located near Downtown Long Beach, cafés, restaurants, shopping, and the waterfront, this home offers easy access to the best of Long Beach.
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 | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 867 | 924.282 |
| Lot Size | 30,781 | 30,288.04 |
| Price | $489.0K | $521.1K |
| Price per sq ft | $564 | $569 |
| Built year | 1986 | 1976 |
| HOA | $480.0 | $460 |
| Days on market | 57 | 74 |
Sep 3, 2026
$489,000
$497,000
-2% Price Drop
Initial Listing
Jul 14, 2026
$497,000
Initial Listing
Mar 19, 2024
$505,000
Public Record
Jun 7, 2018
$340,000
Public Record
Jan 12, 2017
$320,000
Public Record
Mar 30, 2005
$305,000
Public Record