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720 West 4th, 318, Long Beach, CA 90802

$469K2bd · 2ba · 957 sqft
Lot 32,331 sqft•HOA $390/mo•Condominium•
Active
•72d on market•MLS# OC-26168701

Property Description

PRICE IMPROVEMENT!!! 2 BED/2BATH + 2 PARKING and INSIDE LAUNDRY! LOW HOA DUES! Welcome to coastal city living at Ocean Gate in vibrant Downtown Long Beach! This inviting residence features a bright, open-concept floor plan accented by upgraded flooring throughout, creating an ideal setting for both everyday living and hosting guests. Step outside to relax on your spacious 3rd-floor private balcony, which offers tranquil views of the surrounding treetops. Thoughtfully designed for maximum privacy and convenience, the home boasts two spacious bedroom suites—each complete with its own private ensuite bathroom—as well as an in-unit washer and dryer. Living here places you right at the intersection of urban energy and outdoor recreation. Enjoy green space directly across the street at César E. Chávez Park and the Jenny Oropeza Community Center, or take advantage of being just steps from the modern Long Beach Civic Center plaza, the Billie Jean King Main Library, and the George Deukmejian Courthouse. Hop onto the neighboring LA River Bike Path for a quick ride to the shoreline or DTLA, and explore the endless dining, shopping, and entertainment options that Downtown Long Beach and iconic Ocean Boulevard have to offer. Commuters will appreciate the effortless access to the 710 freeway, while weekend adventurers are just minutes from the Catalina Express terminal for easy island getaways. The Ocean Gate community offers controlled smart access, a fully equipped fitness center, and a versatile recreation room—all paired with exceptionally low HOA dues. Rounding out this complete package are two assigned parking spaces (#16 & 19) along with additional private storage.

Features & Amenities

FeeBuilt 1984

Property Details

Land Type
Fee
Year Built
1984
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
None
View
Trees/Woods
City
Long Beach
Zip Code
90802
County
Los Angeles
Listed byUnknown Office, Lance Nassau

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,371.52
Principal & Interest
Loan Amount
$375,200
Total Interest
$478,547
Total Payment Over 30 Years
$853,747
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

720 West 4th, 318, Long Beach, CA 90802

Long Beach · Condominium

$469K
Affordable Tier
Beds
2
Baths
2
Sqft
957
Lot
32,331 sqft
Year
1984
$/Sqft
$490
Pool: No✓
Spa: No✓
View: Trees/Woods✓
Garage: 2-car✓

Listed 9.8% below the median closed sale of $520,000. Price per sqft ($490) is a 20% discount to closed comps ($609).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $469K· $490/sqft
Total list price
Closed comps
vs closed median $520K
−$51K (−9.8%)
Active comps
vs active median $399K
+$70K (+17.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $592
−$102 (−17.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1168 10thLong Beach19882269014,455$500$345,00010184
1140 MolinoLong Beach19872268011,737$660$449,0004680
1061 Park AvenueLong Beach19721166823,204$642$429,000274
628 Daisy AvenueLong Beach19841165854,034$606$399,00010073
550 Orange AvenueLong Beach19851168695,356$552$379,0005573
Total: 5 · Average1.41.4676.439,757.2$592$400,20060.8
Median680$399,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1919 Beverly WayLong Beach198210/08/2026221,0140$525,000$520,000$5130.996595
1775 Ohio AvenueLong Beach199310/09/2026221,01947,562$499,000$492,300$4830.9913491
383 Bay ShoreLong Beach196510/07/20262299524,717$1.09M$1.07M$1,0800.982888
3605 Anaheim StreetLong Beach199009/25/2026321,1140$585,000$585,000$5251.005687
941 ElmLong Beach198210/02/2026231,08314,816$499,999$480,000$4430.9625387
Total: 5 · Average2.22.21,04529,031.667$630,460$630,460$608.8—107.2
Median1,019$520,000$520,000

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.