
Long Beach, California 90806
This property presents a High-Potential Investment Opportunity with a List Price of $609,999—positioned well below the $681,026 Fair Market Value by 10%. This valuation gap offers $71,027 in Instant Equity for buyers executing a strategic renovation. While currently in Fair Condition, the 5,163 sqft lot features a detached garage and permitted bonus space, maximizing ADU potential for rental income. Enhanced by City Lights and Hills views and proximity to Signal Hill Elementary, this Value-Add Asset is a prime acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1154 E 20th Subject | $609,999* List Price | 2 | 1 | 1,048 | $650 | - |
A 2308 Lime Avenue Sold | $608,000 | 2 | 1 | 1,042 | $583 | 0.5 mi |
B 2173 Olive Active | $675,000 List Price | 3 | 1 | 1,084 | $623 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1920, the property is aged but has been maintained with some updates, such as newer laminate wood flooring. However, the interior features dated wood paneling, textured ceilings, and older fixtures. The lack of kitchen and bathroom photos typically indicates these areas are outdated, and the unfinished garage and overall aesthetic confirm the need for significant cosmetic and functional renovations to meet modern standards.
The property features a detached garage and a permitted 198 sqft additional space, providing an ideal footprint for an Accessory Dwelling Unit (ADU) or rental income generation.
A long driveway leading to a detached garage offers significant value in a Long Beach neighborhood where street parking is notoriously limited.
Situated on a generous 5,163 sqft lot, this property offers substantial upside for investors or homeowners looking to build equity through strategic renovations.
The home is in fair condition and dates back to 1920, necessitating a likely significant investment in modern updates and repairs.
With only 1,048 square feet of living space and a single bathroom, the current layout may be restrictive for larger households or those seeking modern spaciousness.
Located in the heart of Long Beach, 1154 E. 20th Street presents a strong opportunity for both homeowners and investors looking for a property with upside potential. This single-family residence features 2 bedrooms and 1 bathroom, offering approximately 1,048 square feet of living space on a sizable lot. The home sits on a generous parcel and includes a long driveway leading to a detached garage—an especially valuable feature in this area where street parking can often be limited. The garage itself adds flexibility and functionality, and the permitted additional 198 square feet behind the garage further enhances the property’s usable space, creating potential for storage, workspace, or future conversion. One of the most attractive aspects of this property is its suitability for an ADU (Accessory Dwelling Unit). With the existing layout, detached garage, and added square footage, the property offers an ideal setup for those looking to build out additional living space for rental income or multigenerational use. The home is currently in fair condition and would benefit from updates and renovation, making it a great opportunity for a buyer looking to customize and add value. With the right vision, this property has the potential to be transformed into a highly functional and income-producing asset in a desirable Long Beach location.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 40% |
| Baths | 1.0 | 2.0 | 47% |
| Square foot | 1,048 | 1,312 | 26% |
| Lot Size | 5,163 | 5,976 | 33% |
| Price | $610.0K | $823.0K | 14% |
| Price per sq ft | $582 | $627 | 42% |
| Built year | 1920 | 1940 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 163 | 2% |
Apr 7, 2026
$609,999
Initial Listing