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640 Elm Ave., 5, Long Beach, CA 90802

$225K1bd · 1ba · 637 sqft
Lot 15,047 sqft•HOA $96/mo•Own Your Own•
Active
•80d on market•MLS# PW-26163031

Property Description

First floor 1 bedroom (#5) Mid Century OYO in the East Village Arts District. Includes a small bonus room with a closet. Kitchen has electric cooktop and oven, with granite countertops. HOA is only $96.00 monthly, and includes water and trash. This is a Trust sale. Metro rail is one block away and bus stop is at 6th and Elm. Three blocks from Pine Street and all of its restaurants and entertainment . This must be an "All Cash" sale.

Features & Amenities

FeeBuilt 1959

Property Details

Land Type
Fee
Year Built
1959
Property Type
Residential
Property Subtype
Own Your Own
Parking Spaces
0
Garage Spaces
0
Cooling
None
View
Courtyard
Flooring
Carpet, Tile
City
Long Beach
Zip Code
90802
County
Los Angeles
Listed byRe/Max R. E. Specialists, Robert Stallings

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,137.72
Principal & Interest
Loan Amount
$180,000
Total Interest
$229,580
Total Payment Over 30 Years
$409,580
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

640 Elm Ave., 5, Long Beach, CA 90802

Long Beach · Own Your Own

$225K
Affordable Tier
Beds
1
Baths
1
Sqft
637
Lot
15047.00 ac
Year
1959
$/Sqft
$353
Pool: No✓
View: Courtyard✓

Listed 22.4% below the median closed sale of $290,000. Price per sqft ($353) is a 21% discount to closed comps ($447).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $225K· $353/sqft
Total list price
Closed comps
vs closed median $290K
−$65K (−22.4%)
Active comps
vs active median $225K
$0 (0.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $381
−$28 (−7.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
640 Elm AvenueLong Beach195911642655,447,320$350$225,0007799
640 Elm AvenueLong Beach195911699655,447,320$322$225,0007796
640 Elm Ave.Long Beach19591163915,047$352$225,0007792
1057 AppletonLong Beach1956116268,175$559$350,00013190
640 Elm AvenueLong Beach19591170315,047$320$225,0007789
Total: 5 · Average1.01.0661.8262,186,581.8$380.6$250,00087.8
Median642$225,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
640 Elm AvenueLong Beach195910/07/202611638655,447,320$225,000$210,000$3290.9372100
640 Elm AvenueLong Beach195905/19/20261166515,047$260,000$249,000$3740.9613190
930 1stLong Beach195507/28/20261159111,139$299,998$290,000$4910.971988
1739 AppletonLong Beach195305/07/2026116698,271$385,990$378,000$5650.987085
1311 1stLong Beach195608/07/2026118176,735$409,000$390,000$4770.954380
Total: 5 · Average1.01.0676131,097,702.4$303,400$303,400$447.2—67
Median665$290,000$290,000

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.