726 Elm Avenue 404, Long Beach, California 90813, Long Beach, 90813 - 3 bed, 2 bath
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Long Beach, California 90813
This Spacious Penthouse Condo is a Strong Value Opportunity, listed at $649,000—positioned well below the $733,005 Fair Market Value by 11%. This valuation gap offers $84,005 in Instant Equity for the buyer. Featuring a Good Condition Rating, the unit includes a Granite Kitchen, Central A/C, and a private balcony with City Light Views. This move-in ready asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium downtown Long Beach lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 726 Elm Avenue 404 Subject | $649,000* List Price | 3 | 2 | 1,536 | $477 | - |
A 838 Pine Ave 102 Sold | $515,000 | 2 | 2 | 940 | $548 | 0.3 mi |
B 835 Locust Avenue 519 Sold | $808,500 | 1 | 1 | 1,785 | $453 | 0.3 mi |
C 849 Pine Avenue C Sold | $640,000 | 1 | 2 | 1,539 | $416 | 0.3 mi |
D 801 Pine Avenue 304 Sold | $504,500 | 2 | 2 | 969 | $521 | 0.3 mi |
E 1500 Pine Avenue 10 Sold | $495,000 | 2 | 2 | 940 | $527 | 0.7 mi |
F 801 Pine Ave Unit #310 Active | $545,000 List Price | 2 | 2 | 1,076 | $507 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1987 but features significant updates that place it in the 'Good' category. The kitchen has been modernized with granite countertops and stainless steel appliances, and the unit features newer wood laminate and engineered flooring throughout. With central A/C, smooth ceilings, and a move-in ready interior, it reflects a well-maintained property with renovations likely in the 5-15 year range.
Positioned on the top floor, this penthouse unit offers superior privacy with no neighbors above and a private balcony featuring expansive city views and seasonal firework displays.
With over 1,500 square feet of living space, this rare 3-bedroom layout features contemporary updates including wood laminate flooring, granite countertops, and central A/C.
The unit includes two assigned parking spaces in a secure gated garage plus an additional storage cabinet, providing significant value in a high-density downtown location.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =14085, other record lot size in square feet = 14030.
The assigned parking spaces are in a tandem configuration, which requires coordination between drivers and may be less convenient than side-by-side spots.
Located in the heart of Downtown Long Beach, the property is subject to typical urban noise and high-traffic surroundings characteristic of a central metropolitan area.
Welcome to the PENTHOUSE level at Elm Plaza in Long Beach, the perfect home for entertaining and relaxing. This beautifully updated 3 bed, 2 bath top floor unit offers views of Long Beach and approximately 1,536 sqft (per Assessor) of bright, open living space filled with natural light. Step inside to find glistening wood laminate flooring throughout open floor plan in the living and dining areas, kitchen with range and newer hood, granite countertops, breakfast bar next to the dining area, dual paned windows, central A/C, welcoming fireplace, smooth ceilings and modern window treatments. The open floor plan provides flexibility and seamlessly connects the living, dining and bonus area (perfect for an office or library space) for today’s lifestyle. Enjoy true indoor - outdoor living as you step onto your private balcony from the living room - ideal for a quiet cup of coffee or evening relaxation while enjoying views of Long Beach - including various firework displays sponsored by the city! Entryway has an enclosed closet with washer and dryer just opposite kitchen. Beautiful engineered wood flooring in bedrooms and hallways. Each of the 3 bedrooms provide ample space to suit your family’s needs as bedrooms, a guest room, a craft room, an office or a personal gym - must see to visualize how it meets YOUR daily lifestyle. Primary bedroom has walk-in closet. This secure building includes an elevator, mail room and gated private parking. Unit has 2 assigned tandem parking spaces (#4A and #4B) close to the entrance with extra storage cabinet above the parking space and guest parking based on availability. Enjoy all the amenities this penthouse condo has to offer - near public transportation, downtown, the Harbor, the beach, North Pine, East Village, shopping, dining, entertainment and much more! Whether it’s your first home or an investment, this move-in ready condo offers the perfect blend of convenience and relaxation for your next chapter in life!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,536 | 926 |
| Lot Size | 14,085 | 30,781 |
| Price | $649.0K | $514.8K |
| Price per sq ft | $423 | $568 |
| Built year | 1987 | 1979 |
| HOA | $426.0 | $475 |
| Days on market | 29 | 76 |
Jun 23, 2026
$649,000
Initial Listing
Jul 3, 2012
$250,000
Public Record
Dec 29, 2000
$160,000
Public Record