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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
•91d 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 byThink Boutiq Real Estate, 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 5.3% below the median closed sale of $495,000. Closed comps sold at 100% of list — strong seller's market.

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 $495K
−$26K (−5.3%)
Active comps
vs active median $499K
−$30K (−6.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $550
−$60 (−10.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
535 MagnoliaLong Beach19902292034,919$533$490,0001695
628 Daisy AvenueLong Beach19842299154,034$493$489,0005393
555 Maine AvenueLong Beach19912290654,306$551$499,0005992
555 Maine AvenueLong Beach19912289254,318$594$530,0004591
555 Maine AvenueLong Beach19912290854,318$578$524,900491
Total: 5 · Average2.02.0923.450,379$549.8$506,58035.4
Median908$499,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
720 4th StreetLong Beach198407/30/20262295732,331$490,000$495,000$5171.019397
720 4thLong Beach198406/16/20262295732,331$505,000$505,000$5281.009796
645 Chestnut AvenueLong Beach198607/16/20262293430,781$499,000$491,000$5260.986294
640 4th StreetLong Beach199005/22/2026221,01729,280$469,000$475,000$4671.015893
555 Maine AvenueLong Beach199109/23/20262290854,318$499,000$499,000$5501.003692
Total: 5 · Average2.02.0954.635,808.2$493,000$493,000$517.6—69.2
Median957$495,000$495,000

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.