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315 West 3rd, 5A, Long Beach, CA 90802

$219K0bd · 1ba · 234 sqft
Lot 22,493 sqft•HOA $200.48/mo•Condominium•
Active
•65d on market•MLS# RS-26174844

Property Description

Unit 5A, Step into the spirit of the Roaring Twenties at the iconic Willmore Building—just moments from scenic beach strolls. This rare studio offers an exceptional investment opportunity. Perfect for modern urban living. Enjoy being at the center of it all in vibrant downtown Long Beach—near fine dining, nightlife, and cultural attractions including the Aquarium of the Pacific, Shoreline Village, and performances by the Long Beach Symphony at the Terrace Theater. Convenient access to the 710 and 405 freeways, as well as nearby rail and bus lines, makes commuting effortless. Classic charm. Contemporary updates. Prime coastal location. HOA includes: Water, gas, and electricity. Secured Parking is available.

Features & Amenities

FeeBuilt 1925

Property Details

Land Type
Fee
Year Built
1925
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
0
Garage Spaces
0
Heating
Floor Furnace
Cooling
None
View
Panoramic
City
Long Beach
Zip Code
90802
County
Los Angeles
Listed byUnknown Office, Kirk Mulhearn

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,107.38
Principal & Interest
Loan Amount
$175,200
Total Interest
$223,458
Total Payment Over 30 Years
$398,658
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

315 West 3rd, 5A, Long Beach, CA 90802

Long Beach · Condominium

$219K
Affordable Tier
Beds
0
Baths
1
Sqft
234
Lot
22,493 sqft
Year
1925
$/Sqft
$936
Pool: No✓
View: city✓

Listed 23.2% below the median closed sale of $285,000. Price per sqft ($936) is a 22% premium to closed comps ($769). Closed comps sold at 101% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $219K· $936/sqft
Total list price
Closed comps
vs closed median $285K
−$66K (−23.2%)
Active comps
vs active median $265K
−$46K (−17.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $675
+$261 (+38.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
323 4th. Unit 101Long Beach1923013647,503$865$315,0007576
323 4Th StreetLong Beach1923013587,405$740$265,0001075
455 Ocean BoulevardLong Beach19230142019,950$607$255,0001973
315 3rdLong Beach19250145622,493$548$250,0003369
315 3rd StreetLong Beach19251145722,493$613$280,00020766
Total: 5 · Average0.21.041115,968.8$674.6$273,00068.8
Median420$265,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
315 3rdLong Beach192506/05/20260123422,493$199,900$218,000$9321.092895
360 OceanLong Beach192206/15/2026013477,371$298,000$305,000$8791.0214577
455 Ocean BlvdLong Beach192309/16/20260142019,950$269,000$260,000$6190.9710673
10 AtlanticLong Beach192205/19/2026013708,543$295,000$292,000$7890.997171
315 3rd StreetLong Beach192508/05/20260145722,493$295,000$285,000$6240.971568
Total: 5 · Average0.01.0365.616,170$272,000$272,000$768.6—73
Median370$285,000$285,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.