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12 3rd Pl, Long Beach, CA, 90802

1beds
1baths
694sqft
$399,000
$575price/sqft
$2,986/moest. monthly cost
$119,440/yrincome needed

About This Home

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.

Getting Around

81
WalkingVery Walkable
62
TransitGood Transit
63
BikeBikeable

Schools

5/10
7/10
Polytechnic High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1953

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Cooling

  • Cooling features: Central Air

Features

  • Fireplace features: None
  • Common walls with other units/homes: 2+ Common Walls

Interior Area

  • Total interior livable area: 694 sqft

Property

Details

  • Parcel number: 7265006146
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: 2nd floor
  • Pool features: None
  • Has view: Yes
  • View description: Marina,Ocean
  • Has water view: Yes
  • Water view: Marina,Ocean

Lot

  • Lot size: 0.33 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,017$24,204
Home Insurance *$138$1,656
Property Taxes $433$5,196
Electricity $398$4,786
Total$2,986$35,832
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$102,377/yr
40% on housing$89,580/yr
45% on housing$79,626/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$575This listing

vs Other Active Listings

Avg $/sqft

ZIP 90802$340
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90802$632
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-29Listed for sale$429,000
2026-03-05Pending sale$429,000
2026-01-16Price change$429,000
2025-12-23Price change$449,000
2025-12-07Price change$479,000
2025-10-10Price change$499,000
2025-10-03Listed for sale$525,000
2023-03-14Listing removed--
2022-10-01Price change$3,000
2022-09-30Price change$4,500
2022-09-27Price change$3,000
2022-09-03Listed for rent$4,500
2022-05-18Sold$525,000
2022-04-01Contingent$519,000
2022-04-01Listed for sale$519,000
2016-04-19Sold$200,000

For Sale by Agent

AgentRobert Castillo
BrokerageRealty Source Inc.

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