12 3rd Place, Long Beach, California 90802, Long Beach, 90802 - 1 bed, 1 bath

12 3rd Place, Long Beach, California 90802 home-pic-0
ACTIVE$479,000
12 3rd Place, Long Beach, California 90802
1Bed
1Bath
694Sqft
14,240Lot
Year Built
1953
Close
-
List price
$479K
Original List price
$525K
Price/Sqft
$690
HOA
$230
Days on market
-
Sold On
-
MLS number
DW25232091
Home ConditionGood
Features
Good View: Marina, Ocean
Patio
ViewMarina, Ocean

About this home

We found 3 Cons,5 Pros. Rank: price - $479.0K(48th), sqft - 694(32th), beds - 1(50th), baths - 1(50th).

Amazing one-bedroom condo just steps from the beach located in The Palisades. This terrific value property has Queen Mary/Marina Views from newer picturesque window and the front balcony. Relax and stay cool with the central AC in the summer. An in-unit furnace keeps in cozy on winter nights. The renovations have a modern beachy feel, with an open concept kitchen, upgraded white bead board kitchen cabinets and newer stainless appliances. Storage has been upgraded and includes some vintage storage, and the vintage tub/tile are keepers. The unit also has been freshly painted. All furnishings can be included. Located in a great location, easy access to the beach, bike paths, walking paths with a high walkability score of 82! Just minutes away from Downtown, 2nd St, Belmont Shores, LB Performing Arts Center, Museums, the Aquarium of the Pacific, and Shoreline Village. With lots of restaurants nearby to choose from and the Farmers Market every Friday. Annual events such as the World Series of Volleyball, 4th of July, beach festivals and the Long Beach Grand Prix are in your backyard. Don't miss out on this great opportunity! City Parking is available at $336/yr on the beach-side of the Villa Riviera Building (802 E. Ocean Blvd) buyer to verify info.

Nearby schools

7/10
Stevenson Elementary School
Public,K-50.6mi
6/10
Burbank Elementary School
Public,K-51.0mi
6/10
Franklin Classical Middle School
Public,6-80.6mi
6/10
Polytechnic High School
Public,9-121.5mi

Price History

Date
Event
Price
12/08/25
Price Change
$479,000-4.0%
10/11/25
Price Change
$499,000-5.0%
10/03/25
Listing
$525,000
05/18/22
Sold
$525,000
04/19/16
Sold
$200,000
Condition Rating
Good

Built in 1953, this condo has undergone significant recent renovations, including a modern, open-concept kitchen with upgraded white bead board cabinets and newer stainless appliances. The property features updated laminate wood flooring, fresh paint, central AC, and an in-unit furnace, making it move-in ready. While the bathroom retains 'vintage tub/tile,' indicating it wasn't fully modernized, the overall condition, style, and updated major systems align with a 'Good' rating.
Pros & Cons

Pros

Exceptional Coastal Location: Steps from the beach with a high walkability score (82), offering easy access to bike paths, walking paths, downtown Long Beach attractions, dining, and annual events.
Scenic Marina & Queen Mary Views: Enjoy picturesque views of the Queen Mary and Marina from the newer window and front balcony, enhancing the property's appeal.
Modern Renovations & Upgrades: Features a modern, beachy aesthetic with an open-concept kitchen, upgraded white bead board cabinets, newer stainless appliances, and fresh paint.
Year-Round Climate Control: Equipped with central AC for summer comfort and an in-unit furnace for cozy winter nights, ensuring optimal living conditions.
Optional Furnishings Inclusion: The option to include all furnishings provides added value and convenience for a new owner, especially for a turnkey solution or investment.

Cons

No Dedicated On-Site Parking: Parking is off-site city parking at an annual fee ($336/yr), which can be an inconvenience and an additional recurring cost.
Compact One-Bedroom Layout: With 694 sqft and a single bedroom, the unit's size and layout may limit its appeal to a broader market, primarily targeting singles or couples.
Recent Price Reductions: Multiple price adjustments from the original list price (from $525,000 to $479,000) could indicate market resistance or initial overpricing, potentially affecting perceived value.

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