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640 Elm Avenue, 23, Long Beach, CA 90802

$225K1bd · 1ba · 699 sqft
Lot 15,047 sqft•HOA $102/mo•Own Your Own•
Active
•80d on market•MLS# PW-26163052

Property Description

Second floor 1 bedroom (#23) Mid Century OYO in the East Village Arts District. Kitchen has electric cooktop and oven, with tile countertops. HOA is only $102 monthly, and includes water and trash. 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. 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 Avenue, 23, Long Beach, CA 90802

Long Beach · Own Your Own

$225K
Affordable Tier
Beds
1
Baths
1
Sqft
699
Lot
15047.00 ac
Year
1959
$/Sqft
$322
Pool: No✓
Spa: No✓
View: Courtyard✓

Listed 22.4% below the median closed sale of $290,000. Price per sqft ($322) is a 28% discount to closed comps ($447).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $225K· $322/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 $387
−$65 (−16.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
640 Elm AvenueLong Beach195911642655,447,320$350$225,0007696
640 Elm Ave.Long Beach195911637655,447,320$353$225,0007696
640 Elm AvenueLong Beach19591170315,047$320$225,0007692
640 Elm Ave.Long Beach19591163915,047$352$225,0007789
1057 AppletonLong Beach1956116268,175$559$350,00013187
Total: 5 · Average1.01.0649.4262,186,581.8$386.8$250,00087.2
Median639$225,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
640 Elm AvenueLong Beach195910/07/202611638655,447,320$225,000$210,000$3290.937297
640 Elm AvenueLong Beach195905/19/20261166515,047$260,000$249,000$3740.9613189
930 1stLong Beach195507/28/20261159111,139$299,998$290,000$4910.971986
1739 AppletonLong Beach195305/07/2026116698,271$385,990$378,000$5650.987085
1311 1stLong Beach195608/07/2026118176,735$409,000$390,000$4770.954383
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.