
Long Beach, California 90805
This Value-Add Residential Asset is listed at $699,999, currently priced above the $656,484 Fair Market Value. The property features a 1,550 square foot layout with 3 bedrooms, 2 bathrooms, and an attached 2-car garage. Holding a Poor Condition Rating, the 1956-built home requires a comprehensive restoration to address significant deferred maintenance. Located in the Long Beach Unified School District, the site offers strong potential for forced appreciation through renovation. This project is best suited for Experienced Investors or Cash Buyers seeking a high-upside renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 140 W Bort Subject | $649,999* List Price | 3 | 2 | 1,550 | $419 | - |
A 236 E 67th Way Sold | $500,000 | 3 | 1 | 1,360 | $368 | 0.5 mi |
B 6755 Harbor Sold | $592,250 | 3 | 1 | 1,157 | $512 | 0.5 mi |
C 6962 Gale Sold | $730,000 | 4 | 2 | 1,370 | $533 | 0.7 mi |
D 21 E 68th Pending | $575,000 List Price | 3 | 2 | 1,527 | $377 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is explicitly marketed as an investor opportunity and value-add project to be sold in as-is condition. Built in 1956, the home shows significant deferred maintenance including a neglected exterior and an interior with outdated wood paneling, stained acoustic ceiling tiles, and worn carpets. The listing description confirms it requires substantial restoration and is priced below market value to reflect its poor condition, making it unsuitable for traditional financing.
Priced below market value as an investor opportunity, this property offers substantial equity growth potential for those looking to renovate and flip or hold.
With 1,550 square feet of living space, including a large family room and an attached 2-car garage, the home provides a generous footprint compared to standard mid-century builds.
Situated in a quiet North Long Beach neighborhood with easy freeway access, the property is ideally located for residents needing to commute throughout Los Angeles or Orange County.
The property is being sold in 'as-is' condition and requires significant restoration, which may involve high upfront costs and specialized contractor oversight.
Due to its current condition and 'as-is' status, the home is primarily targeted at cash buyers or experienced investors, likely disqualifying traditional FHA or VA financing.
Back on the market due to buyer non-performance. Investor opportunity in Long Beach! This 3-bedroom, 2-bath home with a spacious family room and attached 2-car garage is priced well below market value to reflect its current condition. The property is being sold as-is. Property is currently occupied by unauthorized occupants, and the seller is actively working with the Sheriff’s Department to obtain possession. Excellent opportunity for investors or cash buyers seeking a value-add project in a desirable location with convenient freeway access.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,550 | 1,519.995 |
| Lot Size | 5,550 | 5,807.524 |
| Price | $650.0K | $1.03M |
| Price per sq ft | $419 | $728 |
| Built year | 1956 | 1948 |
| HOA | $0 | $259 |
| Days on market | 294 | 48 |
Jul 28, 2026
$649,999
$699,999
-7% Price Drop
Initial Listing
Nov 19, 2025
$699,999
Initial Listing
Feb 13, 2004
$351,000
Public Record