1050 E 72nd, Long Beach, California 90805, Long Beach, 90805 - 1 bed, 1 bath
ACTIVE$598,000
1050 E 72nd, Long Beach, California 90805
1Bed
1Bath
556Sqft
4,754Lot
Price Vs. Estimate
The estimated value ($582,454.445) is $15,545.555 (2%) lower than the list price ($598,000). This property may be overpriced.
Key pros and cons
Top Pros:
Comprehensive Renovation: The property has undergone extensive remodeling both inside and out, including new interior paint, laminate hardwood floors, and updated kitchen and bathroom, offering a move-in ready experience.
Top Cons:
Compact Living Space: At only 556 sqft with 1 bedroom and 1 bathroom, the property offers very limited living space, potentially restricting its appeal to a narrow buyer demographic such as singles or couples.
Compared to the nearby listings
Price:$598.0K vs avg $747.0K ($-149,000)9%
Size:556 sqft vs avg 1,142 sqft2%
Price/sqft:$1.1K vs avg $63399%
More Insights
Built in 1946 (79 years old).
Condition: Despite being built in 1946, the property has undergone an extensive 'in & out' remodel. The description highlights new exterior paint, new landscaping with artificial turf, new interior paint, and new laminate hardwood floors. The kitchen features granite countertops and travertine tile floors, and the bathroom includes new fixtures, granite counters, and tile. The exterior image confirms the fresh paint and new landscaping. These updates suggest a comprehensive renovation within the last 5 years, bringing the property to a virtually new condition with modern finishes and no deferred maintenance.
Year Built
1946
Close
-
List price
$598K
Original List price
$598K
Price/Sqft
$1,076
HOA
-
Days on market
-
Sold On
-
MLS number
PW25246905
Home ConditionExcellent
Features
View-
About this home
This Beautiful home in Long Beach has been remodeled in & out. 2 Bedrooms 1 Bathroom New exterior paint with new landscape with artificial turf grass. Long driveway for additional parking that leads to garage and nice size back yard. Home features new interior paint and new laminate hardwood floors. Kitchen has granite counter tops and travertine tile floors. Bathroom fixtures, granite counter, tile flooring and tile shower/tub. Inside laundry. Must see to appreciate...
Price History
Date
Event
Price
06/29/16
Sold
$323,000
02/25/16
Sold
$200,000
Condition Rating
Excellent
Despite being built in 1946, the property has undergone an extensive 'in & out' remodel. The description highlights new exterior paint, new landscaping with artificial turf, new interior paint, and new laminate hardwood floors. The kitchen features granite countertops and travertine tile floors, and the bathroom includes new fixtures, granite counters, and tile. The exterior image confirms the fresh paint and new landscaping. These updates suggest a comprehensive renovation within the last 5 years, bringing the property to a virtually new condition with modern finishes and no deferred maintenance.
Pros & Cons
Pros
Comprehensive Renovation: The property has undergone extensive remodeling both inside and out, including new interior paint, laminate hardwood floors, and updated kitchen and bathroom, offering a move-in ready experience.
Enhanced Curb Appeal & Low Maintenance: Features new exterior paint and modern landscaping with artificial turf, providing an attractive facade and reducing maintenance efforts and water usage.
Ample Parking & Garage: A long driveway offers additional parking space, leading to a garage, which is a significant convenience in urban areas.
Modern Kitchen Finishes: The kitchen boasts granite countertops and travertine tile floors, adding a touch of elegance and durability to a key living space.
Functional Inside Laundry: The inclusion of inside laundry facilities provides convenience and adds to the home's practicality, a desirable feature for homeowners.
Cons
Compact Living Space: At only 556 sqft with 1 bedroom and 1 bathroom, the property offers very limited living space, potentially restricting its appeal to a narrow buyer demographic such as singles or couples.
Age of Structure: Built in 1946, despite recent cosmetic remodels, the underlying infrastructure (e.g., plumbing, electrical, roof) may still be original or older, potentially requiring future maintenance or upgrades.
Potential Overpricing: The current listing price of $598,000 is approximately 4% higher than the estimated property value of $568,405, which could impact buyer interest and negotiation leverage.