
Long Beach, California 90813
This Updated Detached Residence represents a High-Potential Investment Opportunity, listed at $550,000—aligning perfectly with its $550,000 Fair Market Value. Boasting a Condition Rating of 3, the home features a Remodeled Kitchen with Quartz Countertops, a Remodeled Bathroom, and new AC/Heater Units. The property offers a rare Park View and a versatile garage with significant Jr. ADU Potential, providing a clear path for forced appreciation and rental income. With no HOA fees and proximity to Long Beach Unified schools, this is a stable, high-utility asset perfect for first-time buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1390 Gundry Avenue Subject | $530,000* List Price | 1 | 1 | 654 | $810 | - |
A 1724 E 8th Sold | $625,000 | 2 | 1 | 676 | $925 | 0.5 mi |
B 1216 E Barcelona Sold | $530,000 | 2 | 1 | 792 | $669 | 0.2 mi |
C 1047 E Brenner Place Sold | $520,000 | 2 | 1 | 560 | $929 | 0.6 mi |
D 1014 Gaviota Avenue Active Under Contract | $668,000 List Price | 2 | 1 | 914 | $731 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features several recent updates including a remodeled bathroom, a kitchen with quartz countertops and stainless steel appliances, and newly installed AC/heating combo units. While the home was originally built in 1922, the interior shows well-maintained tile flooring, fresh paint, and modern fixtures, meeting the criteria for a well-maintained property that has undergone significant partial renovation within the last 5 to 15 years.
The property features a versatile garage space with potential for a Junior ADU conversion and a generous yard, offering significant value-add opportunities for rental income or increased living space.
The home boasts several high-value upgrades, including a remodeled bathroom, quartz countertops in the kitchen, and newly installed AC/Heater combo units, ensuring move-in readiness.
As a detached single-family residence with no HOA fees, this property provides more privacy, control, and long-term affordability compared to local condominium alternatives.
At just 654 square feet with a single bedroom, the compact interior footprint may restrict the buyer pool to individuals or couples and limit functional flexibility.
The property has undergone multiple price reductions from an initial $629,000 to $550,000, which, combined with a higher 2023 sale price, suggests potential challenges in local market valuation.
LENDER-APPROVED SHORT SALE! Charming 1 bedroom, 1 bath home with private driveway. An excellent alternative to a condo or townhome, offering the convenience of single-family ownership with no HOA dues. Ideal for first-time buyers or investor seeking an affordable home with great potential. Don't miss this opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 654 | 1,556.5 |
| Lot Size | 2,230 | 5,910 |
| Price | $530.0K | $1.02M |
| Price per sq ft | $810 | $721 |
| Built year | 1922 | 1949 |
| HOA | $0 | $240 |
| Days on market | 425 | 46 |
Jul 18, 2026
$530,000
$550,000
-4% Price Drop
Initial Listing
Nov 16, 2025
$550,000
$599,000
-8% Price Drop
Initial Listing
Sep 12, 2025
$599,000
$615,000
-3% Price Drop
Initial Listing
Aug 16, 2025
$615,000
Initial Listing
May 23, 2025
$629,000
Initial Listing
Jul 21, 2023
$580,000
Public Record
Dec 14, 2020
$427,000
Public Record
Oct 31, 2019
$370,000
Public Record
Jun 14, 2017
$285,000
Public Record
Oct 22, 2009
$130,000
Public Record
Nov 17, 2004
$405,000
Public Record