940 E 3rd, Long Beach, California 90802, Long Beach, 90802 - 1 bed, 1 bath
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Long Beach, California 90802
This Turnkey Corner-Unit Condominium is a Strong Value Opportunity, listed at $360,000—positioned well below the $378,006 Fair Market Value by 4%. This valuation gap offers $18,006 in Instant Equity for incoming owners. Boasting a Mint Condition Rating, the interior features a Remodeled Kitchen with stainless appliances and a private layout with no neighbors above. Located near Stevenson Elementary, the property benefits from upcoming HOA exterior improvements that promise future appreciation. This is an ideal acquisition for first-time buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 940 E 3rd Subject | $360,000* List Price | 1 | 1 | 731 | $517 | - |
A 1187 E 3rd Sold | $452,000 | 1 | 1 | 781 | $579 | 0.2 mi |
B 1187 E 3rd Street 215 Sold | $375,000 | 1 | 1 | 778 | $482 | 0.2 mi |
C 100 Atlantic Avenue #604 604 Sold | $406,000 | 2 | 1 | 730 | $556 | 0.3 mi |
D 801 E 1st Street 9 Sold | $340,000 | 1 | 1 | 690 | $493 | 0.2 mi |
E 801 E 1st Street 15 Sold | $366,000 | 1 | 1 | 732 | $500 | 0.2 mi |
F 50 Elm Avenue 4 Sold | $350,000 | 1 | 1 | 713 | $491 | 0.4 mi |
G 939 E Appleton Street 25 Active | $369,000 List Price | 1 | 1 | 695 | $531 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1981, the property has undergone a comprehensive modern renovation within the last 5 years. The kitchen features contemporary blue and white cabinetry, subway tile backsplash, and stainless steel appliances. With updated flooring, recessed lighting, a remodeled bathroom, and central heat, the unit is in mint, move-in ready condition.
As a corner unit with no neighbors above, this property offers enhanced privacy, quiet living, and significantly more natural light than standard interior units.
The condo features a fully remodeled kitchen with stainless steel appliances and a refreshed bathroom, providing a modern aesthetic and immediate move-in readiness.
The community is undergoing extensive exterior and common area improvements, which is likely to enhance curb appeal and drive future property appreciation for new owners.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 731, other record living area = 1485.
Ongoing extensive improvements to the exterior and common areas may cause temporary noise, dust, and restricted access to amenities during the renovation period.
While the unit features central heat, the absence of a central cooling system may be a drawback during warmer Southern California months.
Welcome home at 940 E 3rd St in Alamitos Beach! This inviting 1-bedroom, 1-bath corner unit offers tons of natural light,and stylish upgrades throughout. With 731sqft of living space and no unit above, this condo feels peaceful and comfortable from the moment you walk in. The upgraded kitchen features stainless steel appliances and modern finishes, while the remodeled bathroom adds a fresh, clean touch. Two balconies provide extra outdoor space to enjoy your morning coffee, fresh air, or evening sunsets. Central heat keeps the home comfortable year-round, and the corner location allows for an airy, open feel with plenty of windows and light. The community is currently undergoing extensive HOA improvements to the exterior and common areas, making this an exciting opportunity to purchase in a neighborhood that is actively being enhanced and refreshed. Move-in ready and full of charm, this condo is one you won’t want to miss!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.0 mi
Grades 6-8 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 731 | 853 | 37% |
| Lot Size | 24,828 | 28,583 | 48% |
| Price | $360.0K | $490.0K | 18% |
| Price per sq ft | $492 | $589 | 19% |
| Built year | 1981 | 1973 | 59% |
| HOA | $415.0 | $475 | 41% |
| Days on market | 30 | 155 | 1% |
May 7, 2026
$360,000
Initial Listing