401 W 5th Street 3b, Long Beach, California 90802, Long Beach, 90802 - 2 bed, 2 bath

401 W 5th Street 3b, Long Beach, California 90802 home-pic-0
ACTIVE$499,000
401 W 5th Street 3b, Long Beach, California 90802
2Beds
2Baths
956Sqft
7,887Lot
Year Built
1964
Close
-
List price
$499K
Original List price
$534K
Price/Sqft
$522
HOA
$302.72
Days on market
-
Sold On
-
MLS number
TR25066183
Home ConditionExcellent
Features
Good View: City Lights
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $499.0K(51th), sqft - 956(58th), beds - 2(50th), baths - 2(52th).

Welcome to The Tiffany, a sought-after community in the heart of Long Beach! This light-filled, newly renovated 2-bedroom, 2-bathroom condo offers 956 sq. ft. of stylish living space. Located on the 3rd floor, this home is bathed in natural light throughout the day, thanks to its large windows and open layout. Enjoy sleek laminate flooring, a brand-new kitchen, and beautifully updated bathrooms—all designed for contemporary comfort. Wake up to gorgeous city views and enjoy the convenience of an elevator-accessible building. Living at The Tiffany means you’re just minutes from the beach, Aquarium of the Pacific, the bustling port, top-rated restaurants, grocery stores, and fantastic shopping. Don’t miss this opportunity to own a bright, airy, and modern home in one of Long Beach’s most desirable communities!

Nearby schools

5/10
Edison Elementary School
Public,K-50.2mi
7/10
International Elementary School
Public,K-50.4mi
7/10
Stevenson Elementary School
Public,K-50.7mi
6/10
Chavez Elementary School
Public,K-50.8mi
7/10
Roosevelt Elementary School
Public,K-51.1mi
7/10
Lincoln Elementary School
Public,K-51.3mi
6/10
Washington Middle School
Public,6-80.8mi
6/10
Franklin Classical Middle School
Public,6-81.1mi
6/10
Polytechnic High School
Public,9-121.2mi
3/10
Cabrillo High School
Public,9-121.8mi

Price History

Date
Event
Price
08/08/25
Price Change
$499,000
03/26/25
Listing
$534,000
01/07/25
Sold
$375,000
06/14/22
Sold
$450,000
09/24/20
Sold
$360,000
03/19/15
Sold
$208,000
Condition Rating
Excellent

Despite being built in 1964, the property has undergone a comprehensive and recent renovation, as explicitly stated in the description ('newly renovated,' 'brand-new kitchen,' 'beautifully updated bathrooms'). The images confirm modern, high-gloss kitchen cabinets, new stainless steel appliances, sleek white countertops, and contemporary black fixtures. Bathrooms feature modern vanities, new tiling, and stylish black-framed glass shower doors. The entire unit boasts new laminate flooring, modern light fixtures, and updated mini-split AC units, indicating all major components are new or virtually new and meet current quality standards. This aligns perfectly with the 'Excellent' criteria for a recently and extensively renovated property.
Pros & Cons

Pros

Prime Downtown Long Beach Location: Strategically located minutes from the beach, Aquarium of the Pacific, the bustling port, top-rated restaurants, grocery stores, and fantastic shopping, offering unparalleled urban convenience and lifestyle.
Extensive Recent Renovation: The condo boasts a 'newly renovated' interior, including a brand-new kitchen, beautifully updated bathrooms, and sleek laminate flooring, providing a modern, move-in ready living space.
Abundant Natural Light & City Views: Positioned on the 3rd floor with large windows and an open layout, the unit is 'light-filled' and 'bathed in natural light' throughout the day, complemented by 'gorgeous city views' and 'City Lights' at night.
Reasonable HOA Fees: With an association fee of $302.72, the HOA is relatively low for a condo in a desirable Long Beach location, especially considering the building offers elevator access.
Elevator Accessibility: The building is 'elevator-accessible,' enhancing convenience for residents, particularly for a 3rd-floor unit, and broadening its appeal to a wider range of buyers.

Cons

Price Reduction History: The property has seen a price reduction from its original list price of $534,000 to $499,000, which might suggest initial overpricing or extended market time, potentially raising buyer questions about value.
Building Age: Built in 1964, the building is over 50 years old. While the unit is renovated, the age of the overall structure could imply potential for future common area maintenance or assessment needs, despite the current low HOA.
Unspecified Parking Situation: The listing description does not mention parking availability or whether it includes an assigned space, which is a critical amenity and potential concern for buyers in a dense urban environment like Downtown Long Beach.

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