645 Chestnut, Long Beach, California 90802, Long Beach, 90802 - 2 bed, 2 bath
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Long Beach, California 90802
This Turnkey Condominium is a Strong Value Opportunity, listed at $509,000—positioned well below the $525,036 Fair Market Value by 3%. This valuation gap offers $16,036 in Instant Equity for the buyer. Featuring a Mint Condition Rating with modern renovations, this corner unit includes a remodeled kitchen, two private balconies, and secure parking. Located in the Long Beach Unified district, it offers a sophisticated lifestyle for first-time buyers or urban professionals seeking a move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 645 Chestnut Subject | $509,000* List Price | 2 | 2 | 934 | $562 | - |
A 730 W 4th 203 Sold | $538,000 | 2 | 2 | 957 | $562 | 0.4 mi |
B 555 Maine Avenue 425 Sold | $555,000 | 2 | 2 | 906 | $613 | 0.3 mi |
C 955 E 3rd Street Sold | $515,000 | 2 | 2 | 1,002 | $514 | 1.0 mi |
D 730 215 W 4th Street Sold | $510,000 | 2 | 2 | 957 | $533 | 0.3 mi |
E 555 Maine Avenue 116 Sold | $525,000 | 2 | 2 | 916 | $573 | 0.3 mi |
F 445 W 6th Street 409 Sold | $499,999 | 2 | 2 | 865 | $578 | 0.1 mi |
G 421 W 6th 208 Active | $505,000 List Price | 2 | 2 | 896 | $564 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a comprehensive recent renovation (under 5 years) including a fully remodeled kitchen with quartz countertops and stainless steel appliances, updated bathrooms, new LVT flooring, and a newer furnace, meeting the criteria for mint condition.
The unit features extensive contemporary updates, including waterproof LVT flooring, quartz countertops, stainless steel appliances, and fully remodeled bathrooms, offering a move-in-ready experience for buyers.
Being located in an FHA-approved complex is a significant market advantage, making the property accessible to a wider pool of buyers who require low down-payment financing options.
As a corner unit, the home benefits from abundant natural light and includes high-demand functional assets such as two private balconies, in-unit laundry hookups, and two secure assigned parking spaces.
The association fee of $479.22 per month is a substantial recurring cost that may impact the debt-to-income ratio and overall affordability for prospective homeowners.
Built in 1986, the aging infrastructure of the nearly 40-year-old complex may lead to increased maintenance requirements or potential future special assessments for common area repairs.
Welcome to this beautifully updated 2-bedroom, 2-bathroom corner condo at 645 Chestnut Avenue #202 in Long Beach, featuring a fireplace, two private balconies, inside laundry hookups, and two assigned parking spaces in a secure gated garage. This **FHA-approved complex*** offers comfort, style, and convenience in a highly walkable, bike-friendly neighborhood with excellent transit access. The corner-unit location brings in abundant natural light, creating a bright, airy feel throughout the home. Recent renovations include waterproof LVT flooring, updated baseboards, fresh interior paint, upgraded lighting, and a stylishly remodeled kitchen and bathrooms. The kitchen features newer cabinetry, sleek quartz countertops, stainless steel appliances including a gas range/oven, dishwasher, and microwave, an undermount sink, breakfast bar, and a cozy dining nook ideal for everyday meals or entertaining. The kitchen, dining area, and entryway are enhanced by modern ceiling light fixtures, while both bathrooms feature updated vanities, faucets, and lighting. One bathroom offers a refreshed tub/shower combination, and the other features a refreshed stall shower. Additional comforts include a gas fireplace, in-unit laundry hookups, ample closet storage, a walk-in closet in one bedroom, and a spacious wardrobe closet in the other. A newer natural gas forced-air furnace adds year-round comfort, while two balconies provide inviting outdoor space and fresh air. The secure entry lobby includes monitored mailboxes, a camera system, and elevator access to all floors. Community amenities include secure bike storage, EV charging stations, guest parking, an outdoor spa, and an expansive resident lounge with a full kitchen, fireplace, billiards table, and restrooms. The rooftop deck offers sweeping views, including views toward the Long Beach International Gateway Bridge. Ideally situated near Downtown Long Beach amenities, dining, shopping, entertainment, and transit, Unit 202 offers an appealing combination of updated interiors, functional layout, secure parking, and valuable community amenities.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 53% |
| Baths | 2.0 | 1.0 | 56% |
| Square foot | 934 | 860 | 63% |
| Lot Size | 30,781 | 29,185.199 | 52% |
| Price | $509.0K | $495.0K | 55% |
| Price per sq ft | $545 | $589 | 35% |
| Built year | 1986 | 1973 | 66% |
| HOA | $479.22 | $475 | 50% |
| Days on market | 23 | 155 | 1% |
May 14, 2026
$509,000
Initial Listing
Apr 6, 1995
$66,000
Public Record