
Long Beach, California 90802
This condominium presents a High-Potential Investment Opportunity with a List Price of $350,000—positioned well below the $332,645 Fair Market Value by -5%. While the property carries a Condition Rating of 5, its prime coastal location in Long Beach and low $193.44 association fee provide a stable foundation for value-add renovations. Featuring a private deck and City Lights views, this unit is well-suited for Buy-and-Hold Investors or first-time buyers looking to enter the coastal market through strategic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 801 E 1st Street 10 Subject | $350,000* List Price | 1 | 1 | 677 | $491 | - |
A 375 Atlantic 407 Sold | $275,000 | 1 | 1 | 707 | $389 | 0.3 mi |
B 100 Atlantic Avenue 905 Sold | $375,000 | 2 | 1 | 905 | $414 | 0.2 mi |
C 100 Atlantic Sold | $370,000 | 2 | 1 | 820 | $451 | 0.2 mi |
D 1140 E Ocean E 109 Sold | $375,000 | 1 | 1 | 732 | $512 | 0.3 mi |
E 1273 E Appleton St 3 Sold | $362,000 | 1 | 1 | 860 | $421 | 0.4 mi |
F 219 Esperanza Ave #7 Sold | $365,000 | 1 | 1 | 603 | $605 | 0.4 mi |
G 140 Linden Avenue 606 Sold | $335,000 | 1 | 1 | 522 | $642 | 0.2 mi |
H 955 E 3rd 202 Sold | $425,000 | 2 | 2 | 944 | $450 | 0.3 mi |
I 1023 E 1st Street 19 Pending | $325,000 List Price | 1 | 1 | 807 | $403 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1959, this 65-year-old property exceeds the 30-50 year threshold for poor condition. The exterior shows dated sliding doors and security bars, and without evidence of a recent major renovation, the kitchen, bathroom, and internal systems (HVAC/Electric) likely require a full rehab to meet modern safety and aesthetic standards.
Priced at $350,000, this property represents a rare entry-level opportunity in the competitive Long Beach coastal market, ideal for first-time buyers or investors.
The association fee of $193.44 is significantly lower than the regional average for condominiums, greatly enhancing the property's long-term affordability and investment yield.
Situated in the highly walkable Alamitos Beach neighborhood, the unit offers excellent proximity to the beach, downtown entertainment, and quality local schools like Stevenson Elementary.
Built in 1959, the property may lack modern amenities such as central air conditioning or in-unit laundry, and may require updates to aging electrical or plumbing systems.
With only 677 square feet of interior space, the unit offers a compact footprint that may feel restrictive for buyers requiring significant storage or a home office setup.
Exceptional opportunity in Long Beach. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.1 mi
Grades 6-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 677 | 924.282 |
| Lot Size | 7,495 | 30,288.04 |
| Price | $350.0K | $521.1K |
| Price per sq ft | $517 | $569 |
| Built year | 1959 | 1976 |
| HOA | $193.44 | $460 |
| Days on market | 19 | 74 |
Aug 21, 2026
$350,000
Initial Listing
Jan 9, 2012
$76,500
Public Record
May 5, 2004
$180,000
Public Record
Jan 26, 2004
$158,000
Public Record