Living Room
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335 Cedar Ave #315, Long Beach, CA 90802

$400K2bd · 2ba · 937 sqft
Lot 14,978 sqft•HOA $1076.16/mo•Condominium•
Active
•89d on market•MLS# OC-26156180

Property Description

PRICE REDUCTION! Experience the best of coastal urban living in this beautifully updated residence, ideally situated just minutes from Downtown Long Beach, the shoreline, Pine Avenue, the Metro Blue Line Station, the Public Library, acclaimed restaurants, shopping, and entertainment. Blending modern upgrades with everyday convenience, this move-in-ready home offers an exceptional lifestyle in one of Long Beach's most desirable locations. The secure, freshly painted building welcomes residents with controlled access, a security system, elevator service, community laundry facilities, and a private storage space. Two assigned parking spaces provide added convenience, each equipped with dedicated power outlets for electric vehicles (EV) or plug-in hybrid charging in this sought-after neighborhood. Inside, a thoughtfully renovated interior showcases quality craftsmanship and stylish finishes throughout. The updated kitchen is equipped with newer appliances, including a stove, microwave, refrigerator, dishwasher, and sink, all replaced in 2022. Extensive electrical improvements include fully rewired and grounded wiring completed at move-in, along with upgraded GFCI outlets for enhanced safety and reliability. The kitchen and bathrooms are finished with elegant 100% waterproof rigid core flooring, while fresh designer paint on the walls, doors, and ceilings (2022) creates a bright, sophisticated atmosphere. Updated ceiling fans in the dining area and both bedrooms, modern light fixtures in the hallway and bathrooms, and an upgraded entry door threshold add the perfect finishing touches. For added comfort during cooler months, both bedrooms feature heated ceilings. Offering a rare combination of modern upgrades, secure amenities, two dedicated parking spaces, private storage, and an unbeatable location just moments from the beach and the vibrant heart of Downtown Long Beach, this exceptional residence is the perfect place to enjoy the very best of Southern California living.

Features & Amenities

FeeBuilt 1965

Property Details

Land Type
Fee
Year Built
1965
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
See Remarks
Flooring
See Remarks
City
Long Beach
Zip Code
90802
County
Los Angeles
Listed byFirst Team Real Estate, Alexander Yu

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,022.61
Principal & Interest
Loan Amount
$319,999
Total Interest
$408,141
Total Payment Over 30 Years
$728,140
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

335 Cedar Ave #315, Long Beach, CA 90802

Long Beach · Condominium

$400K
Affordable Tier
Beds
2
Baths
2
Sqft
937
Lot
14,978 sqft
Year
1965
$/Sqft
$427
Pool: No✓
Garage: 2-car✓

Listed 26.6% below the median closed sale of $545,000. Price per sqft ($427) is a 35% discount to closed comps ($656).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $400K· $427/sqft
Total list price
Closed comps
vs closed median $545K
−$145K (−26.6%)
Active comps
vs active median $318K
+$82K (+25.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $543
−$116 (−21.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1140 MolinoLong Beach19872268011,737$660$449,0004677
1061 Park AvenueLong Beach19721166823,204$642$429,000274
939 Appleton StreetLong Beach19621164620,260$463$299,000574
545 Chestnut AvenueLong Beach19721166620,550$477$318,00010374
545 Chestnut AvenueLong Beach19721166420,550$471$312,500973
Total: 5 · Average1.21.2664.819,260.2$542.6$361,50033
Median666$318,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2772 2nd StreetLong Beach196410/09/2026221,05815,152$749,000$735,000$6950.989295
5500 Ackerfield AveLong Beach196809/25/202622943172,811$439,000$415,000$4400.943092
383 Bay ShoreLong Beach196510/07/20262299524,717$1.09M$1.07M$1,0800.982891
235 Mira MarLong Beach195810/09/2026229836,518$535,000$545,000$5541.023690
1919 Beverly WayLong Beach198210/08/2026221,0140$525,000$520,000$5130.996588
Total: 5 · Average2.02.0998.654,799.5$658,000$658,000$656.4—50.2
Median995$545,000$545,000

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.