
Long Beach, California 90802
This Value-Add Coastal Asset is listed at $479,900, positioned accurately alongside its $476,400 Fair Market Value. With a Condition Rating of 4, the property requires minor repairs, presenting a prime opportunity for forced appreciation through cosmetic updates. The unit features two dedicated parking spaces, in-unit laundry, and access to a gym and recreation room within a secured complex. Located in the Long Beach Unified district near Edison Elementary, this is a high-utility acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-entry coastal residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 720 W 4th Street 104 Subject | $479,900* List Price | 2 | 2 | 957 | $498 | - |
A 730 215 W 4th Street Sold | $510,000 | 2 | 2 | 957 | $533 | 0.4 mi |
B 445 W 6th Street W 309 Sold | $449,000 | 2 | 2 | 865 | $519 | 0.3 mi |
C 555 Maine Avenue 215 Sold | $454,900 | 2 | 2 | 908 | $501 | 0.2 mi |
D 535 Magnolia Avenue 101 Sold | $465,000 | 2 | 2 | 1,014 | $459 | 0.2 mi |
E 645 Pacific Avenue 315 Sold | $500,000 | 2 | 2 | 1,006 | $497 | 0.5 mi |
F 555 Maine Avenue 101 Sold | $516,000 | 2 | 2 | 996 | $518 | 0.2 mi |
G 730 W 4th Street 120 Active | $545,000 List Price | 2 | 2 | 1,015 | $537 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984, this 40-year-old condo is described as only partially remodeled and explicitly mentions that some repairs are needed. While it features newer kitchen appliances and recessed lighting, it does not meet the 'Good' criteria due to the admitted need for remaining work and its age without a full recent renovation.
Priced competitively at $486,000 for a 2-bedroom, 2-bathroom layout, this property represents one of the most affordable entry points for coastal living in the Downtown Long Beach area.
The unit includes two dedicated subterranean parking spaces with overhead storage and features a modern cell-application and FOB security system, addressing the high demand for secure parking in an urban setting.
Residents enjoy a low $340 HOA fee that covers a well-outfitted gym, community recreation room, bike storage, and green outdoor space, providing significant lifestyle value.
The property is noted to need some repairs and finishing work, which may deter buyers looking for a completely turn-key residence and will require additional immediate investment.
Being situated on the first floor may result in less privacy and potential for increased noise from the street or common areas compared to units on higher levels.
BEST DEAL AND PRICED TO SELL! Affordable beach living at it’s very best. This Complex is prominently located on the corner and features a welcoming an inviting atmosphere to this condo community. Conveniently located on the main floor, this spacious 2-bedroom, 2-bath condo offers a well-designed layout with generous living areas and excellent natural light throughout. The floor plan is bright and open, with a spacious living room that has recessed lighting, leading to an open and bright kitchen. There are lots of cabinets, counter space, and the refrigerator, stove, and microwave are newer. There is also a dishwasher for your convenience. The 2nd full bathroom is located conveniently in the hallway to accommodate your guests. The Laundry area that has a newer stackable washer and dryer are also tucked neatly away in the hallway. Down the hall is a spacious en-suite bedroom with two wall closets, vanity cabinets, and a sliding glass door that leads to your private balcony, where you can sit and sip your morning coffee. The 2nd bedroom is just as spacious with the same set of closets and vanity area that leads to the hallway bathroom for convenience. The unit comes with 2 dedicated parking spaces with overhead storage in the subterranean garage. The complex is secured with a modern cell-application and FOB to enter into the parking areas, mail area, and doors leading into the complex. An Elevator is conveniently located in the middle of the complex which creates easy access for daily living and moving in. Included in the low HOA, is a community recreation room and well outfitted gym, as well as a bike storage area and an open green outdoor space for entertaining. Just down the street is a Community Center and accompanying park. You are seconds from the freeway and minutes from Downtown Pine Ave and Ocean Blvd. that offer many restaurants and shops. And let's not forget about the Beach! Just minutes from the ocean and sand with all the amenities it offers; skate park, on-sand restaurant, bike trails, kiting, picnic areas, and much more. Partially remodeled, this unit features key updates that enhance comfort and style while still leaving room for the next owner to add their personal touch. While some repairs are needed, the home is competitively priced to reflect the remaining work, making it a great opportunity for buyers looking for value, customization potential, or an investment property. Come take a look and don't let it pass you by!
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 | 53% |
| Square foot | 957 | 880 | 60% |
| Lot Size | 32,331 | 24,828 | 59% |
| Price | $479.9K | $485.0K | 47% |
| Price per sq ft | $501 | $578 | 21% |
| Built year | 1984 | 1973 | 57% |
| HOA | $340.0 | $475 | 29% |
| Days on market | 92 | 182 | 12% |
Mar 1, 2026
$479,900
$486,000
-1% Price Drop
Initial Listing
Jan 20, 2026
$486,000
Initial Listing
Nov 5, 2012
$173,500
Public Record