
Long Beach, California 90805
This property presents a High-Potential Investment Opportunity with a List Price of $819,900—positioned well below the $790,158 Fair Market Value by -3%. While the home currently holds a Fair Condition Rating (5/10), the detached two-car garage with alley access offers significant ADU development potential for rental income. With 1,745 sqft of living space and a 6,136 sqft lot, this asset provides a substantial footprint for value-add renovations. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through strategic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1073 E Plymouth Street Subject | $764,900* List Price | 4 | 2 | 1,745 | $432 | - |
A 1815 E Hungerford Sold | $685,000 | 4 | 2 | 1,446 | $474 | 0.8 mi |
B 6108 Olive Sold | $630,000 | 3 | 2 | 1,245 | $506 | 0.9 mi |
C 5880 Gundry Avenue Sold | $705,000 | 3 | 2 | 1,325 | $532 | 0.6 mi |
D 1833 E Market Sold | $700,000 | 2 | 1 | 1,463 | $478 | 0.6 mi |
E 5924 Lewis Avenue Sold | $582,000 | 3 | 2 | 1,176 | $495 | 0.6 mi |
F 5832 Gaviota Active | $859,000 List Price | 3 | 2 | 1,590 | $540 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1948, this property shows significant signs of age with no evidence of a major renovation in the last 30-50 years. The kitchen features painted-over original cabinetry and dated laminate counters, while the interior retains 1970s-style wood paneling and an outdated wall heater. The listing's focus on 'opportunity' and 'investor potential' confirms it is a rehab project needing updates to all major systems and finishes.
The detached two-car garage with direct alley access presents a significant opportunity to convert the space into an Accessory Dwelling Unit (ADU) for rental income or multigenerational living.
Positioned as one of the best-priced four-bedroom homes in the area, this property offers high value-add potential for investors or buyers looking to build equity in a quiet neighborhood.
With four bedrooms and over 1,700 square feet of living space on a generous 6,136 square foot lot, the property provides a larger-than-average footprint for the North Long Beach submarket.
Built in 1948 and marketed as an 'opportunity,' the home likely requires significant cosmetic or structural updates to compete with fully renovated properties in the region.
The property lacks any notable views and is situated in a standard residential pocket, which may limit its appeal to buyers prioritizing aesthetic surroundings or premium vistas.
Aggressively priced and packed with opportunity! Nestled in a quiet pocket of North Long Beach, this home offers a warm neighborhood atmosphere with less through traffic and a true sense of community. Conveniently located near Lindberg Middle School, shopping, dining, and major commuter routes, you'll enjoy both comfort and accessibility. One of the standout features of this property is the detached two-car garage with direct alley access, presenting exciting ADU potential for future rental income, multigenerational living, or a private workspace (buyer to verify all possibilities with the City of Long Beach). Whether you're a first-time homebuyer looking for value or an investor seeking upside potential, this property delivers an exceptional combination of affordability, location, and future flexibility. Opportunities like this don't come around often—don't miss your chance to own one of the best-priced homes in the area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,745 | 1,556.5 |
| Lot Size | 6,136 | 5,910 |
| Price | $764.9K | $1.02M |
| Price per sq ft | $438 | $721 |
| Built year | 1948 | 1949 |
| HOA | $0 | $240 |
| Days on market | 41 | 46 |
Jul 10, 2026
$764,900
$769,900
-1% Price Drop
Initial Listing
Jul 3, 2026
$769,900
$799,900
-4% Price Drop
Initial Listing
Jul 1, 2026
$799,900
$819,900
-2% Price Drop
Initial Listing
Jun 26, 2026
$819,900
$799,900
+3% Price Increase
Initial Listing
Jun 25, 2026
$799,900
$819,900
-2% Price Drop
Initial Listing
Jun 11, 2026
$819,900
Initial Listing
Aug 27, 2015
$419,000
Public Record
Dec 28, 2011
$300,000
Public Record