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ActiveCondominium

720 W 4th 318

Long Beach, CA, 90802

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$499,000

MLS: OC26168701

Beds

2

Baths

2

Sq Ft

957

Lot

0.74 ac

Year Built

1984

MLS #

OC26168701

Days on Market

3

Listed

Aug 3, 2026

Description

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 well-maintained 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. Ask about a special $20,000 buyer grant financing program available for qualified buyers on this property!

Location

Long Beach, Los Angeles County, CA 90802

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Listed by: Lance Nassau · Think Boutiq Real Estate

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$4,283

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $49,900 · Loan: $449,100

%

Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$2,886
Property tax (1.25%)
$520
Homeowners insurance
$300
Mortgage insurance
$187
HOA dues
$390
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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 Jul 30, 2026

30-year fixed
6.66%
15-year fixed
6.04%

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

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

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 $17,465 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.

Similar Homes Nearby

Active and pending listings in ZIP 90802 (Long Beach)within ±10% of this home's price and size.

Local Market Stats

See Long Beach, CA 90802 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.