
Long Beach, California 90813
Analysis of 1230 N Saint Marys Court, Long Beach, California 90813 is currently available with a list price of $399,999. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1934 with no documented renovations; the listing explicitly states it is priced for condition and requires a cash sale or FHA 203K rehab loan, indicating significant deferred maintenance and the need for a complete overhaul.
The property offers significant upside for investors or owner-users to build instant equity through strategic renovations and updates in a desirable Saint Mary's location.
The generously sized lot accommodates parking for 4 to 5 vehicles, a rare and highly valuable feature for this area of Long Beach.
Currently occupied by long-term, reliable tenants, the property provides immediate cash flow and stability while future improvements are being planned.
The property's condition limits financing options to cash or FHA 203K loans, which may reduce the pool of eligible buyers and complicate the closing process.
Priced to reflect its current state, the home requires substantial investment in repairs and modernization to address its 1934-era fundamentals and reach full market value.
Welcome to 1230 N. Saint Mary’s in Long Beach, a prime investment opportunity in a highly desirable Saint Mary’s location. This 2 bedroom, 1 bathroom single family residence offers exceptional upside potential for both investors and owner users looking to create value. The property is currently tenant occupied with long term, reliable tenants, providing immediate income stability while you plan future improvements. With the right renovations and updates, this home presents a strong opportunity to build instant equity and significantly increase overall value. Situated on a generously sized lot, there is ample space to accommodate parking for 4 to 5 vehicles, a rare and valuable feature in this area. The layout and lot size may also lend themselves to additional possibilities for expansion or reconfiguration, adding to the property’s long term appeal. Located in the heart of Saint Mary’s hospital area, the home offers convenient access to public transportation, major commuter routes, shopping, dining, and local amenities, making it an attractive option for tenants and future occupants alike. Priced to reflect its current condition, this is an excellent opportunity for investors seeking a value add property with strong fundamentals, reliable tenancy, and significant upside in a sought after Long Beach neighborhood. This home may only qualify for a cash sale or FHA 203K.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 940 | 1,556.5 |
| Lot Size | 3,265 | 5,910 |
| Price | $400.0K | $1.02M |
| Price per sq ft | $426 | $721 |
| Built year | 1934 | 1949 |
| HOA | $0 | $240 |
| Days on market | 85 | 46 |
Apr 28, 2026
$399,999
Initial Listing