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135
Hot
Long Beach, Los Angeles County, CA
Investment candidate — Short Sale + 403d on market + $193K upside
Condominium Active
Address: ███ ██████ Condominium 🔓 Unlock the exact address — sign up free
Asking Price
$429,000
▼ was $449,000
Est. ARV · Mid-Range
$622,339
193K upside
Margin
+31%
to ARV
▼ Price reduced 4% from $449,000 — down $20,000
ARV — Comparable Closed Sales (Last 90 Days)
$591,075 to $658,034
Est. ARV · Mid-Range: $622,339
Based on 4 recent arm’s-length closed comps · most recent close Jul 2026 · Medium confidence · $574–$639/sf · data refreshed Aug 1, 2026

The sell-side ARV estimate ($700,679) is what the listing implies — verify it against these recent closed comps before you offer. This range is the average of arm’s-length closed sales, not the high comp.

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Hold / BRRRR mathYour numbers, not ours — every input below is editable.

Many Inland Empire deals do not cash-flow at acquisition — at a standard 25% down, DSCR often lands well below the ~1.0–1.2 lenders want, and closing that gap takes a much larger down payment. BRRRR here is a forced-equity and capital-recycle play: buy with enough ARV cushion that the refinance pulls your capital back out. It is not day-one yield.

Why offer first? Tie it up with contingencies, then walk it — your due-diligence window protects your exit. Read the full strategy →
Why this scored
Short Sale HIGH urgency

Lender approval required — seller owes more than the home is worth.

Verify: Lender approval timeline, deficiency waiver, and whether a BPO is already on file.

Notice Of Default HIGH urgency

Seller may be under time pressure to avoid foreclosure.

Verify: Foreclosure timeline, title, payoff amount, and ability to close before the sale date.

short sale LOW urgency

Elevated seller-motivation signal detected by the scoring pipeline.

Verify: Discuss with the broker before submitting an offer.

bank LOW urgency

Elevated seller-motivation signal detected by the scoring pipeline.

Verify: Discuss with the broker before submitting an offer.

opportunity LOW urgency

Elevated seller-motivation signal detected by the scoring pipeline.

Verify: Discuss with the broker before submitting an offer.

Risks to verify

High motivation does not mean low risk. Confirm each item below before submitting an offer.

Short Sale financing
Lender approval required — expect 60–120 day timeline. Cash-equivalent offers preferred.
Title and liens
Standard due diligence — pull preliminary title before submitting an offer.
Permit history
Not verified — check city records for unpermitted additions, conversions, or pool/ADU work.
HOA dues, rules, and reserves
Verify before offer — pull CC&Rs, current dues, special assessments, and 2-year reserve study.
Property Details
Beds / Baths
1 bd / 1 ba
Sq Ft
1,029
Lot Size
19,950 sf
Year Built
1923
Days on Market
404
Price / SF
$471
Listed
Jun 24, 2025
Status
Active
About this listing

From the listing agent · personal contact info removed

** BEST DEAL IN THE BUILDING ! ** Fantastic Corner Unit in The Historic Cooper Arms Building on Ocean Boulevard in the Heart of Downtown Long Beach! Featuring an open modern-concept layout w/ breathtaking panoramic views of the city to the bay, this spacious 5th floor unit has oversized newer dual-pane windows w/ lots of natural light & wood parquet flooring throughout. Living room w/ ceiling fan & built-ins. Adjacent dining area w/ chandelier. Balcony w/ fantastic panoramic views - the perfect place for a morning coffee or afternoon cocktail! Upgraded kitchen w/ stone countertops, designer backsplash, & dine-in bar. Exposed wood-beam ceilings & brick walls throughout. Spacious bedroom w/ remodeled bathroom. 2 large cedar-lined walk-in closets w/ abundant storage. Building amenities include controlled access, on-site management, secure package lockers, bike storage, community laundry in the basement, courtyard w/ BBQ & picnic area, main level Grand Salon & top floor solarium. Walking distance to the shoreline & the best shopping, dining, & entertainment the area has to offer. A unique opportunity to own a piece of history in one of the best locations in the city!

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ARV = After-Repair Value — the estimated resale value after renovation. Margin = (ARV − asking) ÷ ARV, shown on every deal card; your rehab and holding costs come out of it.

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