1012 Vina, Long Beach, California 90813, Long Beach, 90813 - 3 bed, 2 bath
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1012 Vina
Long Beach, California 90813
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,206Sq Ft
3,711Lot Size
Property Price
LIST PRICE$599,999
EST. MARKET VALUE
$560,781
6% AboveMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $599,999—positioned well below the $558,977 Fair Market Value by -7%. While the home carries a Fair Condition Rating (4/10) and requires modernization, the 3-bedroom, 2-bathroom layout and converted garage offer significant value-add potential. Located near Lincoln Elementary in the Long Beach Unified district, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants prepared to perform due diligence on permits and execute a strategic renovation plan to maximize long-term equity.
Estimated Market Value
$560,781
Based on Realkey algorithm analyzing recent comparable sales in Long Beach.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1913, the home features dated interiors including popcorn ceilings and older bathroom fixtures. While some flooring has been replaced, the listing explicitly states the property is 'ready for updates' and includes a converted garage of questionable permit status, suggesting systems and renovations are likely over 20 years old.
PROSSTRENGTHS & OPPORTUNITIES
- Value-Add Potential
This property presents a significant opportunity for investors or owner-occupants to build equity through renovations and updates in a high-demand Long Beach submarket.
- Prime Location
Situated near Cambodia Town and Rose Park, the home offers excellent proximity to highly-rated schools like Lincoln Elementary, local dining, shopping, and major freeway access.
- Enhanced Utility
With a 3-bedroom, 2-bathroom configuration and a converted garage, the property provides more functional living space and flexibility than many original 1913 builds in the area.
CONSRISKS & DEFICIENCIES
- Renovation Required
The home is explicitly noted as needing updates and modernization, which will require an immediate and potentially substantial capital investment from the buyer.
- Permitting Uncertainty
The additional bathroom and converted garage require careful due diligence, as the buyer must verify the legality and permit status of these modifications to ensure compliance.
About 1012 Vina
Great opportunity in Long Beach with excellent potential - near Cambodia Town & Rose Park Area. This home is ready for updates and offers a great opportunity for an owner-occupant or investor to add value. Property includes an additional bathroom and a converted garage. Buyer to verify permits, square footage, uses, and all property information to their own satisfaction. Conveniently located near schools, shopping, dining, and major freeways.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1913
- Lot Size
- 3,711 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Long Beach Unified Schools
Lincoln Elementary School
Grades K-5 • 0.5 mi
7/10
Franklin Classical Middle School
Grades 6-8 • 0.6 mi
6/10
Polytechnic High School
Grades 9-12 • 1.1 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,206 | 1,519.995 |
| Lot Size | 3,711 | 5,807.524 |
| Price | $600.0K | $1.03M |
| Price per sq ft | $498 | $728 |
| Built year | 1913 | 1948 |
| HOA | $0 | $259 |
| Days on market | 56 | 48 |
Pricing History
Listed for Sale
Jul 15, 2026
$599,999
Initial Listing
Sold
Nov 2, 2004
$360,000
Public Record
Sold
Aug 29, 1997
$95,000
Public Record