
Long Beach, California 90815
This Spacious Townhouse is a Strong Value Opportunity, listed at $799,000—positioned well below the $825,000 Fair Market Value by 3%. This valuation gap offers $26,000 in Instant Equity. The property maintains a Condition Rating of 3, featuring Brand New Downstairs Flooring, a Granite Kitchen, and Central HVAC. Located in the guard-gated Bixby Hill Gardens near Kettering Elementary (10/10), it offers a resort-style lifestyle. This is an ideal acquisition for Owner-Occupants seeking stability or first-time buyers prioritizing top-tier school districts.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 938 Palo Verde Avenue Subject 3 bd · 3 ba · 1,800 sqft · $458 | $799,000* List Price | 3 | 3 | 1,800 | $458 | - |
A 1030 Palo Verde Avenue Sold 2 bd · 3 ba · 1,816 sqft · $493 · 0.1 mi | $895,000 | 2 | 3 | 1,816 | $493 | 0.1 mi |
B 6257 Riviera Circle Sold 3 bd · 3 ba · 2,093 sqft · $454 · 0.3 mi | $950,000 | 3 | 3 | 2,093 | $454 | 0.3 mi |
C 974 Palo Verde Active 2 bd · 3 ba · 1,800 sqft · $444 · 0.0 mi | $799,000 List Price | 2 | 3 | 1,800 | $444 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1973 but well-maintained and move-in ready. Features brand new downstairs flooring, a functional kitchen with granite countertops and stainless-steel appliances (likely 5-15 years old), and updated recessed lighting. The presence of central HVAC and the overall clean, updated aesthetic of the living areas offset the age of the structure.
Elementary School: Kettering Elementary School (10/10).
Situated in the prestigious guard-gated Bixby Hill Gardens, this unit occupies a premier interior location and offers resort-style amenities including a pool, spa, clubhouse, and fitness center.
The townhome features brand new downstairs flooring, granite countertops, and stainless-steel appliances, providing a modern, move-in-ready aesthetic within a spacious 1,800-square-foot floor plan.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The monthly HOA fee of $681 is significant and may impact the overall affordability and debt-to-income ratio for prospective buyers.
With 57 days on the market and a recent price reduction from the original $825,000, the property has experienced slower-than-average absorption, suggesting initial pricing resistance.
Welcome to 938 Palo Verde Avenue, a spacious and desirable 3 BEDROOM Unit - WITH BRAND NEW DOWNSTAIRS FLOORING AND BASEBOARDS JUST INSTALLED, three-bedroom, two-and-one-half-bath townhome offering approximately 1,800 square feet in the guard-gated Bixby Hill Gardens community. ONE OF THE BEST INTERIOR LOCATIONS IN THE COMPLEX! The distinctive multi-level floor plan features a light-filled living room with a fireplace, dramatic stained-glass window and plantation shutters. An elevated dining area overlooks the living room, creating an open and inviting setting for everyday living and entertaining. The kitchen offers granite countertops, abundant cabinetry, recessed lighting and stainless-steel appliances, while the adjoining family room includes extensive built-in cabinetry, display shelving and a charming window seat. Upstairs, the generous primary suite features direct access to a private balcony and an en-suite bath. Additional highlights include central heating and air conditioning, crown molding, recessed lighting, indoor laundry and an attached garage. Bixby Hill Gardens offers resort-style amenities that include a pool, spa, clubhouse, fitness center and recreational courts, all surrounded by mature landscaping and peaceful greenbelts. A wonderful opportunity to reside in a generously sized townhome in one of Long Beach’s most desirable gated communities. Conveniently located next to CSULB. Minutes from the Marina Farmers' Market, 2nd and PCH, and Mother's Beach on the Marina. The restaurants and boutiques along Belmont Shore's 2nd Street are a short drive away, and Seal Beach is just around the corner. Bixby Hill is also in close proximity to Rancho Los Alamitos, the 405 and 605 freeways, and local bike trails. Nearby schools include Kettering Elementary, Will Rogers Middle, and Sato Academy of Mathematics and Science.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.7 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.7 |
| Baths | 3.0 | 2.9 |
| Square foot | 1,800 | 1,597.588 |
| Lot Size | 1,007 | 22,689.882 |
| Price | $799.0K | $875.2K |
| Price per sq ft | $444 | $547 |
| Built year | 1973 | 1983 |
| HOA | $681.0 | $496 |
| Days on market | 79 | 55 |
Sep 4, 2026
$799,000
$825,000
-3% Price Drop
Initial Listing
Aug 7, 2026
$825,000
Initial Listing
Jul 19, 2023
$825,000
Public Record
Dec 2, 2015
$569,000
Public Record