1124 E Ridgewood, Long Beach, California 90807, Long Beach, 90807 - 3 bed, 3 bath

1124 E Ridgewood, Long Beach, California 90807 home-pic-0
ACTIVE$1,048,888$2,065/sqft
Est. Value: $1,048,888
%
FairlyEstimate
1124 E Ridgewood, Long Beach, California 90807
3Beds
3Baths
2,065Sqft
5,814Lot

Price Vs. Estimate

The estimated value ($1,048,888) is $0 (0%) lower than the list price ($1,048,888). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Modern Updates: The home has been lovingly updated with fresh interior/exterior paint, refinished original hardwood floors, dual/triple-pane windows, central air/heat, and updated kitchen/bathrooms, providing modern comfort and appeal.
Top Cons:
Significant Price Reduction History: The property has experienced multiple substantial price reductions from its initial listing, which may indicate previous overpricing or market resistance, potentially affecting buyer perception of value.

Compared to the nearby listings

Price:$1.05M vs avg $1.05M ($-556)50%
Size:2,065 sqft vs avg 1,839 sqft73%
Price/sqft:$508 vs avg $64413%

More Insights

Built in 1947 (79 years old).
Condition: This home, built in 1947, has undergone significant and recent updates, making it move-in ready. The description highlights 'updated kitchen and bathrooms,' 'refinished original hardwood floors,' 'dual-pane windows,' and 'central air and heat,' along with a fully paid-off solar system. The kitchen features modern stainless steel appliances, light wood cabinetry, and granite countertops. One bathroom is fully modernized with a vessel sink and glass-enclosed shower. While another bathroom retains an older style (pedestal sink, yellow tile), the overall condition, updated major systems, and cosmetic improvements place it firmly in the 'Good' category, requiring no immediate renovations.
Year Built
1947
Close
-
List price
$1.05M
Original List price
$1.15M
Price/Sqft
$508
HOA
-
Days on market
-
Sold On
-
MLS number
DW25228326
Home ConditionGood
Features
Deck
Patio
View-

About this home

Charming Home in Bixby North! Welcome to this stunning 3 bedroom, 3 bathroom retreat nestled on a picturesque tree-lined street. This home has been lovingly updated with fresh interior and exterior paint, beautifully refinished original hardwood floors, dual-pane windows (including triple-pane upstairs), central air and heat, and not one but TWO cozy fireplaces. Step inside to discover a bright living room with a captivating bay window, updated kitchen and bathrooms, and the convenience of inside laundry. A spacious family room opens through a slider to your backyard oasis, complete with a putting green and a workshop area attached to the garage. Parking is flexible with both driveway and garage options! Two generously sized bedrooms are located downstairs, including one with its own bath that flows into the laundry area—perfect as a second master suite. Upstairs, escape to your private master retreat, featuring a landing ideal for a home office or reading nook. Oh and the solar is fully PAID OFF!! All of this in a prime location close to schools, parks, shopping, and dining.

V
Victor Rodriguez
Listing Agent

Price History

Date
Event
Price
07/01/22
Sold
$985,000
03/08/02
Sold
$241,000
Condition Rating
Good

This home, built in 1947, has undergone significant and recent updates, making it move-in ready. The description highlights 'updated kitchen and bathrooms,' 'refinished original hardwood floors,' 'dual-pane windows,' and 'central air and heat,' along with a fully paid-off solar system. The kitchen features modern stainless steel appliances, light wood cabinetry, and granite countertops. One bathroom is fully modernized with a vessel sink and glass-enclosed shower. While another bathroom retains an older style (pedestal sink, yellow tile), the overall condition, updated major systems, and cosmetic improvements place it firmly in the 'Good' category, requiring no immediate renovations.
Pros & Cons

Pros

Extensive Modern Updates: The home has been lovingly updated with fresh interior/exterior paint, refinished original hardwood floors, dual/triple-pane windows, central air/heat, and updated kitchen/bathrooms, providing modern comfort and appeal.
Paid-Off Solar System: The fully paid-off solar panels offer significant long-term energy cost savings and environmental benefits, enhancing the property's value proposition.
Desirable Location & Curb Appeal: Nestled on a picturesque tree-lined street in the prime Bixby North area, the property is conveniently located close to schools, parks, shopping, and dining.
Versatile Floor Plan & Amenities: Features include a spacious family room, inside laundry, two fireplaces, a private upstairs master retreat with a flexible landing, and a downstairs secondary master suite, offering functional and adaptable living spaces.
Outdoor Living & Practical Spaces: The backyard oasis includes a putting green and a workshop area attached to the garage, providing excellent recreational and utility space.

Cons

Significant Price Reduction History: The property has experienced multiple substantial price reductions from its initial listing, which may indicate previous overpricing or market resistance, potentially affecting buyer perception of value.
Older Construction Year: Built in 1947, despite extensive updates, some buyers may have concerns regarding the age of the underlying structure or potential for unforeseen maintenance issues associated with older homes.
Lack of Premium Views: The property description explicitly states 'view: None,' which could be a drawback for buyers prioritizing scenic vistas, potentially limiting its appeal to a segment of the market.
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