Score
0Long Beach, CA
730 W 4th St UNIT 418
600K
2 beds
2 baths
1,352 sqft
2 bd • 2 ba • 1,352 sf
This analysis was generated on 2/26/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
AI Property Analysis
0:000:00 / 0:00
List Price
$599,999
Price/Sq.Ft
$444
Year Built
1987
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
• Recent renovation: The unit was fully renovated in 2022, suggesting modern finishes and reduced maintenance needs.
• Spacious layout: At 1,352 sqft, the unit offers a comfortable living space, especially compared to the median square footage of condos in Long Beach.
• Pet-friendly complex: The complex is pet-friendly with a grassy yard and proximity to a dog park, making it ideal for pet owners.
• Secure building: Gated security, controlled access, and subterranean parking offer enhanced security and peace of mind.
• Convenient location: The unit is close to downtown attractions, beaches, shopping, dining, entertainment, Caesar Chavez Park, and public transportation (Metro train).
• Functional upgrades: New water heater, forced-air heating unit, and in-unit laundry add convenience and value.
• Included appliances with extended warranties: Stainless steel LG appliances with extended warranties reduce the risk of immediate repair costs.
The Bad
• School ratings are below average: Chavez Elementary (5/10), Washington Middle School (4/10), and Cabrillo High School (4/10) may not meet the standards for buyers prioritizing education.
• Crime statistics are concerning: Property crime rates are significantly higher than state (145.1% higher) and national (193.8% higher) averages. Motor vehicle theft is particularly high (242.3% vs state, 446.6% vs national). The safety score of 44/100 indicates below-average safety.
• Air quality is a concern: The air quality risk is rated as major (6/10) with 9 bad air days per year. This could be problematic for individuals with respiratory issues or sensitivities.
The Ugly
• Above-average property crime: Property crime rates are significantly higher than state and national averages, which may deter some buyers.
• Older Building (1987): While renovated, the underlying infrastructure may still have age-related issues. The building was built before stricter earthquake standards were implemented, increasing risk.
• High Insurance Costs: The estimated insurance of $2159.9964/year is significantly high, which can impact affordability.
Who is this property for?
These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.
Best For
• First-time homebuyers seeking a move-in ready condo: The recent 2022 renovation and included appliances with extended warranties minimize initial maintenance concerns.
• Pet owners wanting a secure, community-oriented environment: The pet-friendly complex with gated security, controlled access, and a grassy yard provides a safe and social setting for pets. The proximity to Caesar Chavez Park and a dog park is a significant benefit.
• Buyers prioritizing proximity to downtown Long Beach amenities: This condo offers convenient access to beaches, the Belmont Pier, Aquarium of the Pacific, shopping, dining, entertainment, and public transportation (Metro train).
• Individuals desiring a versatile loft space: The loft can function as a home office, guest room, TV area, or workout space, adding flexibility to the living arrangement.
Not For
• Buyers sensitive to property crime: Given the significantly higher property crime rates compared to state and national averages (145.1% and 193.8% higher, respectively), those highly concerned about property security may find this location less appealing.
• Individuals seeking a very quiet residential area: While the complex is described as quiet, its proximity to downtown Long Beach means potential exposure to city noise and activity.
• Buyers prioritizing top-rated schools: The local schools (Chavez Elementary 5/10, Washington Middle 4/10, Cabrillo High 4/10) may not meet the standards of buyers with high educational expectations.
• Those seeking a larger living space: While 1,352 sqft is reasonable, buyers wanting a more expansive living area might find the space insufficient, particularly if needing more than two traditional bedrooms.
Demographics
Area Median Income
$62,720
Property History
Price History
Ownership Timeline
$548,000Financed
May 23, 2022Mark Z ShegichSturks Taylor, Glenish Taylor
Grant Deed
Standard Sale (Purchase/Resales)
$0Financed
Nov 7, 2001Damir Don ShegichMark Z Shegich
Intrafamily Transfer
Non-Arm's Length Transactions
Property Taxes
$7,335
2024 Tax Assessment
1.7%from previous year
Assessed Value$569,826
Tax Rate1.29%
Sunlight Analysis
Visualize how sunlight affects this property throughout the day and year.
Sunlight Analysis
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Schools
Nearby school quality by education level
Elementary
6.5/10
GoodMiddle
6.0/10
GoodHigh
4.5/10
AverageFinancials
Monthly Costs
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Location & Comparables
Subject Property
Comparable Sales
Subject Property
Price
$599,999
Price/sqft
$444
Layout
2 bd•2 ba
Days on market
27 daysat time of analysis
Stats in the Area
Based on 6 comparable properties nearby
Average Price
$505,667
18.7%
Your price is 18.7% above average
Median Price
$579,000
3.6%
Based on 6 recent sales
Price per Sq.Ft
$406
9.3%
Your price is 9.3% above average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 730 W 4th Street #415, Long Beach, CA 90802 | $570,000 | 1,352 | 2 | 2 | $4225.0% | 8/31/2024 |
| 6475 Atlantic #179, Long Beach, CA 90805 | $175,000 | 1,250 | 2 | 2 | $14068.5% | 9/19/2024 |
| 555 Maine Avenue #204, Long Beach, CA 90802 | $645,000 | 1,155 | 3 | 2 | $55825.8% | 10/6/2024 |
| 15 E Plymouth Street #A, Long Beach, CA 90805 | $579,000 | 1,200 | 3 | 2 | $4838.7% | 9/18/2024 |
| 1500 Pine Avenue #17, Long Beach, CA 90813 | $595,000 | 1,280 | 3 | 3 | $4654.7% | 12/16/2024 |
| 315 W 3rd Street #605, Long Beach, CA 90802 | $470,000 | 1,284 | 1 | 1 | $36617.5% | 11/15/2024 |
730 W 4th Street #415, Long Beach, CA 90802
Price: $570,000
Sq.Ft: 1,352
Beds/Baths: 2/2
$/Sq.Ft:
$4225.0%
Sale Date: 8/31/2024
6475 Atlantic #179, Long Beach, CA 90805
Price: $175,000
Sq.Ft: 1,250
Beds/Baths: 2/2
$/Sq.Ft:
$14068.5%
Sale Date: 9/19/2024
555 Maine Avenue #204, Long Beach, CA 90802
Price: $645,000
Sq.Ft: 1,155
Beds/Baths: 3/2
$/Sq.Ft:
$55825.8%
Sale Date: 10/6/2024
15 E Plymouth Street #A, Long Beach, CA 90805
Price: $579,000
Sq.Ft: 1,200
Beds/Baths: 3/2
$/Sq.Ft:
$4838.7%
Sale Date: 9/18/2024
1500 Pine Avenue #17, Long Beach, CA 90813
Price: $595,000
Sq.Ft: 1,280
Beds/Baths: 3/3
$/Sq.Ft:
$4654.7%
Sale Date: 12/16/2024
315 W 3rd Street #605, Long Beach, CA 90802
Price: $470,000
Sq.Ft: 1,284
Beds/Baths: 1/1
$/Sq.Ft:
$36617.5%
Sale Date: 11/15/2024
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