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940 E 3rd Street 10, Long Beach, California 90802, Long Beach, 90802 - 2 bed, 2 bath

940 E 3rd Street 10, Long Beach, California 90802 home-pic-0
ACTIVE UNDER CONTRACT$539,000
940 E 3rd Street 10, Long Beach, California 90802
2Beds
2Baths
1,031Sqft
24,828Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Coastal Location: Situated just three blocks from the beach and in the heart of vibrant Downtown Long Beach, offering unparalleled access to shops, dining, and entertainment.
Top Cons:
Recent Price Reductions: The property has undergone multiple price drops since its initial listing, which may suggest market resistance or initial overpricing, potentially impacting buyer confidence.

Compared to the nearby listings

Price:$539.0K vs avg $485.0K (+$54,000)58%
Size:1,031 sqft vs avg 898 sqft70%
Price/sqft:$523 vs avg $58532%

More Insights

Built in 1981 (44 years old).
Condition: Built in 1981, this condo has undergone significant updates, including a modern kitchen with quartz countertops, wood shaker cabinets, and stainless steel appliances. The property features bamboo flooring, updated windows, central air/heat with a newer furnace, and a Nest thermostat, making it largely move-in ready. While the upstairs full bathroom is updated, the downstairs half bath shows dated elements with its tiled countertop and older vanity, preventing an 'Excellent' rating. However, the overall condition is well-maintained, and major systems are functional, aligning with a 'Good' score.
Year Built
1981
Close
-
List price
$539K
Original List price
$569K
Price/Sqft
$523
HOA
$335
Days on market
-
Sold On
-
MLS number
PW25191960
Home ConditionGood
Features
Patio
View-

About this home

Welcome to 940 E 3rd St, #10, Long Beach. This beautifully updated Spanish style condo is just three blocks from the beach. With its two story layout, it lives more like a townhouse and offers the perfect blend of charm, comfort, and convenience in the heart of Downtown Long Beach. Step inside the front door and into the inviting living and dining area, featuring bamboo floors and abundant natural light. The updated kitchen showcases quartz countertops, wood shaker cabinets, stainless steel appliances (INCLUDED) and modern finishes. A downstairs half bath makes hosting guests effortless, while a sliding glass door from the dining area opens to a spacious private patio complete with a doggy door making this the perfect place for entertaining or relaxing outdoors. Upstairs, you’ll find two bedrooms, including one with a generous walk in closet and a full bathroom with a shower/tub combination. Additional highlights include central air and heat with a newer furnace, a Nest thermostat, a secured building entrance and updated windows throughout. Parking is a breeze with two dedicated spaces that include one PRIVATE garage and one secured carport. The community is well maintained by a proactive HOA, giving you peace of mind and pride of ownership. All of this, just moments from the beach, shops, dining, and everything vibrant Downtown Long Beach has to offer.

Nearby schools

7/10
Stevenson Elementary School
Public,•K-5•0.3mi
6/10
Burbank Elementary School
Public,•K-5•1.0mi
6/10
Franklin Classical Middle School
Public,•6-8•0.3mi
6/10
Polytechnic High School
Public,•9-12•1.2mi

Price History

Date
Event
Price
04/29/99
Sold
$128,500
10/24/97
Sold
$79,000
01/30/03
Sold
$227,000
Condition Rating
Good
Built in 1981, this condo has undergone significant updates, including a modern kitchen with quartz countertops, wood shaker cabinets, and stainless steel appliances. The property features bamboo flooring, updated windows, central air/heat with a newer furnace, and a Nest thermostat, making it largely move-in ready. While the upstairs full bathroom is updated, the downstairs half bath shows dated elements with its tiled countertop and older vanity, preventing an 'Excellent' rating. However, the overall condition is well-maintained, and major systems are functional, aligning with a 'Good' score.
Pros & Cons

Pros

Prime Coastal Location: Situated just three blocks from the beach and in the heart of vibrant Downtown Long Beach, offering unparalleled access to shops, dining, and entertainment.
Townhouse-like Layout: The two-story design provides a more spacious and private living experience, distinguishing it from typical single-level condos.
Extensive Modern Updates: Features a beautifully updated kitchen with quartz countertops and stainless steel appliances, central air/heat with a newer furnace, Nest thermostat, and updated windows throughout.
Private Outdoor Space: Includes a spacious private patio with a doggy door, ideal for entertaining or relaxing outdoors, a valuable amenity for condo living.
Exceptional Parking: Offers two dedicated parking spaces, including a private garage and a secured carport, a significant advantage in a dense urban/coastal area.

Cons

Recent Price Reductions: The property has undergone multiple price drops since its initial listing, which may suggest market resistance or initial overpricing, potentially impacting buyer confidence.
Ongoing HOA Dues: A monthly association fee of $335 adds a recurring cost to homeownership, which can be a consideration for budget-conscious buyers.
Lack of Scenic Views: Despite its proximity to the beach, the property explicitly states 'View: None,' which might be a drawback for buyers expecting ocean or city skyline views in this location.

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