ActiveCondominium

327 Chestnut Avenue 201

Long Beach, CA, 90802

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$480,000

MLS: OC25101101

Beds

2

Baths

2

Sq Ft

910

Lot

0.47 ac

Year Built

1990

MLS #

OC25101101

Days on Market

299

Listed

May 7, 2025

Description

Stylish 2-Bed, 2-Bath Downtown Long Beach Apartment – Walk to Everything! Welcome to your new urban oasis in the heart of Downtown Long Beach! This bright and inviting 2-bedroom, 2-bathroom apartment offers the perfect blend of convenience and comfort, just steps from the courthouse, City Hall, The Pike, and vibrant downtown dining and entertainment. Two spacious balconies – perfect for morning coffee or evening sunsets. Two assigned parking spaces – a rare downtown luxury Walkable lifestyle – shops, restaurants, and the beach are moments away Easy freeway access (near the 710) for seamless commuting Live where the action is! Stroll to waterfront attractions, catch a concert at the Terrace Theater, or explore the eclectic arts scene—all from your front door. Don’t wait, your next adventure in this Downtown Long Beach apartment today!

Location

Long Beach, Los Angeles County, CA 90802

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Listed by: Edward Valdez · Keller Williams Pacific Estate

Payment estimate

$3,634

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $48,000 · Loan: $432,000

%
Principal & Interest
$2,654
Property tax (1.25%)
$500
Homeowners insurance
$300
Mortgage insurance
$180
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Long Beach home with as little as 3.5% down using an FHA loan — roughly $16,800 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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