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932 E 2nd Street 27, Long Beach, California 90802, Long Beach, 90802 - bed, 1 bath

932 E 2nd Street 27, Long Beach, California 90802 home-pic-0
ACTIVE$295,000
932 E 2nd Street 27, Long Beach, California 90802
0Bed
1Bath
420Sqft
8,281Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Beach Proximity: The property is located a very short two blocks (220 steps) from the beach, offering an ideal coastal lifestyle.
Top Cons:
Compact Living Space: As a junior one-bedroom apartment with 420 sqft, the living space is quite compact, which may not suit all buyers' needs.

Compared to the nearby listings

Price:$295.0K vs avg $485.0K ($-190,000)7%
Size:420 sqft vs avg 881 sqft4%
Price/sqft:$702 vs avg $58977%

More Insights

Built in 1923 (102 years old).
Condition: Despite being built in 1923, the property has undergone a 'complete top-to-bottom sleek and packed with value renovation' with permits approved in December 2023, making it virtually new. The kitchen features upgraded neutral shaker cabinets, stunning white quartz countertops, and new stainless steel appliances. The bathroom is fully upgraded, and the entire unit boasts new luxury vinyl wood flooring, new windows, new tile floors, and fresh paint. All components meet current quality standards with no deferred maintenance.
Year Built
1923
Close
-
List price
$295K
Original List price
$310K
Price/Sqft
$702
HOA
$325
Days on market
-
Sold On
-
MLS number
OC25144484
Home ConditionExcellent
Features
View-

About this home

Come live your best beach life! A step above your average studio and with 9ft ceilings, this junior one-bedroom apartment, is located a very short two blocks from the beach (220 steps…we counted). In addition to a complete top-to-bottom sleek and packed with value renovation, the owner went through the arduous task of obtaining permits from the city to build a permitted additional room/den, and the results speak volumes to efficiency of space and design. Upgrades include luxury vinyl wood flooring, new windows, new tile floors, fresh bright white paint throughout, a fully upgraded bathroom and an upgraded neutral gally kitchen with shaker slow close cabinets and stunning white quarts counter tops. This purchase is equally suited to a first-time homeowner or great for an additional investment for a portfolio. A friendly, flexible and low HOA that even covers all monthly utilities. Schedule a viewing, you will not be disappointed…Sunny beach days and vibrant nightlife await!

Nearby schools

7/10
Stevenson Elementary School
Public,•K-5•0.4mi
6/10
Burbank Elementary School
Public,•K-5•1.0mi
6/10
Franklin Classical Middle School
Public,•6-8•0.4mi
6/10
Polytechnic High School
Public,•9-12•1.3mi

Price History

Date
Event
Price
05/26/23
Sold
$269,500
Condition Rating
Excellent
Despite being built in 1923, the property has undergone a 'complete top-to-bottom sleek and packed with value renovation' with permits approved in December 2023, making it virtually new. The kitchen features upgraded neutral shaker cabinets, stunning white quartz countertops, and new stainless steel appliances. The bathroom is fully upgraded, and the entire unit boasts new luxury vinyl wood flooring, new windows, new tile floors, and fresh paint. All components meet current quality standards with no deferred maintenance.
Pros & Cons

Pros

Exceptional Beach Proximity: The property is located a very short two blocks (220 steps) from the beach, offering an ideal coastal lifestyle.
Extensive & Permitted Renovation: Underwent a complete top-to-bottom renovation, including a city-permitted additional room/den, new windows, luxury vinyl flooring, upgraded kitchen with quartz countertops, and a fully upgraded bathroom.
Favorable HOA with Utilities Included: Features a friendly, flexible, and low HOA fee that conveniently covers all monthly utilities, simplifying ownership costs.
Versatile Buyer Appeal: Equally well-suited for a first-time homeowner seeking an entry into the market or as a valuable addition to an investment portfolio.
High Ceilings: Boasts 9ft ceilings, which enhance the sense of space and openness within the junior one-bedroom layout.

Cons

Compact Living Space: As a junior one-bedroom apartment with 420 sqft, the living space is quite compact, which may not suit all buyers' needs.
Lack of Desirable View: The property description explicitly states 'None' for the view, which could be a drawback for buyers seeking scenic outlooks, especially given its proximity to the beach.
Recent Price Reductions: The listing has undergone multiple price reductions from its original list price of $309,900 to the current $295,000, potentially indicating market resistance or initial overpricing.

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