3500 Elm Avenue 31, Long Beach, California 90807, Long Beach, - bed, bath

home-pic
ACTIVE$315,000
3500 Elm Avenue 31, Long Beach, California 90807
1Bed
1Bath
583Sqft
26,647Lot
Year Built
1968
Close
-
List price
$315K
Original List price
$315K
Price/Sqft
-
HOA
$215
Days on market
-
Sold On
-
MLS number
RS25200717
Home ConditionPoor
Features
Good View: Pool
Pool
ViewPool

About this home

Welcome to 3500 Elm Ave #31, a charming 1-bedroom, 1-bathroom condo located in the heart of Bixby Knolls, one of Long Beach’s most desirable neighborhoods. This bright and inviting home features an open living area, a well-designed kitchen, and a spacious bedroom with plenty of natural light. The community offers wonderful amenities including a sparkling pool, gated entry, and a dedicated parking space for your convenience. With its low HOA fees, this property is perfect for first-time buyers, downsizers, or investors looking for a fix and flip or buy and hold opportunity. Ideally situated near shops, restaurants, parks, and easy freeway access, this condo provides the perfect blend of comfort and convenience. Don’t miss your chance to own this affordable gem in a prime Long Beach location!

Price History

Date
Event
Price
10/14/25
Sold
$280,000
09/05/25
Listing
$315,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (27 Listings)
Beds12
14%
Baths12
14%
Square foot5831,095
4%
Lot Size26,64765,455
21%
Price$315K$551K
4%
Price per square foot$540$490
75%
Built year19689870987
25%
HOA$215$424
7%
Days on market60174
7%
Condition Rating
Poor

Built in 1968, this property is 56 years old. The visible interior (bedroom) shows heavily stained and worn carpet, significant wall discoloration/stains (potentially indicating water damage or mold), and outdated light fixtures and a window AC unit. While no images of the kitchen or bathroom are provided, given the age and the extremely poor condition of the visible bedroom, it is highly probable that these areas are also original or very outdated and require substantial renovation. The listing description itself highlights a 'fix and flip or buy and hold opportunity,' reinforcing the need for significant rehabilitation.
Pros & Cons

Pros

Prime Location: Situated in the highly desirable Bixby Knolls neighborhood of Long Beach, offering convenient access to local shops, restaurants, parks, and major freeways.
Affordability & Investment Potential: Positioned as an affordable gem, this property is ideal for first-time buyers, downsizers, or investors seeking a fix-and-flip or buy-and-hold opportunity.
Community Amenities: The community provides attractive amenities including a sparkling pool, secure gated entry, and a dedicated parking space, enhancing lifestyle and convenience.
Low HOA Fees: With a low monthly HOA fee of $215, the property offers cost-effective access to community features and maintenance.
Functional & Bright Interior: The unit features a bright and inviting open living area, a well-designed kitchen, and a spacious bedroom with ample natural light.

Cons

Compact Square Footage: At 583 square feet, the living space is relatively small, which may limit appeal for buyers desiring more expansive accommodations.
Building Age: Built in 1968, the property is over 50 years old, potentially indicating older infrastructure or the need for future updates in common areas.
Limited Bedroom Count: As a 1-bedroom unit, its market appeal is primarily restricted to single individuals or couples, narrowing the potential buyer pool.

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