1045 E New York, Long Beach, California 90813, Long Beach, 90813 - 1 bed, 1 bath
Loading property details...
1045 E New York
Long Beach, California 90813
ACTIVE
CONDITION: FAIR
1Beds
1Baths
649Sq Ft
1,856Lot Size
Property Price
LIST PRICE$550,000
EST. MARKET VALUE
$525,121
4% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $550,000—positioned well above the $525,121 Fair Market Value by -4%. Featuring a Fair Condition Rating, this 1922-built residence serves as a blank canvas for modernization. While the compact 649-square-foot footprint and limited lot size require strategic planning, the central location near the Long Beach Unified district offers strong rental demand. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through renovation.
Estimated Market Value
$525,121
Based on Realkey algorithm analyzing recent comparable sales in Long Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1045 E New York Subject | $550,000* List Price | 1 | 1 | 649 | $809 | - |
A 1390 Gundry Avenue Active Under Contract | $530,000 List Price | 1 | 1 | 654 | $810 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1922, this century-old property is described as a 'canvas for updates' and 'potential to make it your own,' indicating dated interiors and systems. While functional and marketed as a livable starter home, the age and description suggest the kitchen, bath, and major systems are likely past their typical 20-year lifecycle and require modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Detached Ownership
This property offers a rare opportunity to own a single-family home on its own lot at an entry-level price point, providing a superior alternative to condo living without monthly HOA fees.
- Prime Accessibility
Centrally located in the Poly High area, the home provides convenient access to Downtown Long Beach, major transportation routes, and a variety of local shopping and dining options.
- Value-Add Potential
The manageable footprint and original character serve as an excellent canvas for personalization and updates, offering significant upside potential for investors or first-time buyers.
CONSRISKS & DEFICIENCIES
- Limited Living Space
At just 649 square feet, the compact interior layout may be restrictive for buyers seeking extra storage, a home office, or room for future growth.
- Minimal Lot Size
The 1,856-square-foot lot is exceptionally small for a detached residence, significantly limiting outdoor utility and the potential for building expansions.
About 1045 E New York
Welcome to 1045 E New York Street, a charming 1-bedroom, 1-bath home offering an exciting opportunity in the heart of Long Beach! With approximately 649 square feet of living space situated on a 1,856-square-foot lot, this property offers a comfortable and efficient layout with plenty of potential to make it your own. Perfect for a first-time buyer, someone looking to downsize, or a buyer seeking a Long Beach property with investment potential, this home provides a great alternative to condo living with the added benefit of your own lot. The manageable footprint offers an excellent canvas for thoughtful updates and personalization. Conveniently located in the Poly High area near shopping, dining, schools, parks, and major transportation routes, with easy access to Downtown Long Beach and everything the city has to offer. Whether you're searching for a place to call home or your next real estate opportunity, 1045 E New York Street is one you won't want to miss. Come see the possibilities!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1922
- Lot Size
- 1,856 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 649 | 1,519.995 |
| Lot Size | 1,856 | 5,807.524 |
| Price | $550.0K | $1.03M |
| Price per sq ft | $847 | $728 |
| Built year | 1922 | 1948 |
| HOA | $0 | $259 |
| Days on market | 12 | 48 |
Pricing History
Listed for Sale
Aug 28, 2026
$550,000
Initial Listing
Sold
Jul 15, 2025
$397,500
Public Record