1609 E Silva, Long Beach, California 90807, Long Beach, 90807 - 2 bed, 2 bath
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1609 E Silva
Long Beach, California 90807
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,186Sq Ft
5,611Lot Size
Property Price
LIST PRICE$809,999
EST. MARKET VALUE
$839,642
3% BelowMARKET VALUE
SUMMARY
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $809,999—positioned well below the $839,642 Fair Market Value by 3%. This valuation gap offers $29,643 in Instant Equity for the buyer. Featuring a Fair Condition Rating (4/10), the home offers an open-concept layout and a spacious 5,611 sq. ft. lot with a patio and deck. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to modernize a well-located asset.
Estimated Market Value
$839,642+$29,643 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Long Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1609 E Silva Subject 2 bd · 2 ba · 1,186 sqft · $708 | $809,999* List Price | 2 | 2 | 1,186 | $708 | - |
A 4451 E Goldfield Avenue Sold 3 bd · 1 ba · 1,075 sqft · $777 · 0.6 mi | $835,000 | 3 | 1 | 1,075 | $777 | 0.6 mi |
B 4316 Falcon Sold 3 bd · 1 ba · 1,156 sqft · $779 · 0.8 mi | $900,000 | 3 | 1 | 1,156 | $779 | 0.8 mi |
C 1428 E Silva Street Sold 2 bd · 1 ba · 812 sqft · $804 · 0.1 mi | $653,000 | 2 | 1 | 812 | $804 | 0.1 mi |
D 4472 Gundry Sold 3 bd · 1 ba · 1,080 sqft · $774 · 0.6 mi | $836,000 | 3 | 1 | 1,080 | $774 | 0.6 mi |
E 4558 Pasadena Avenue Sold 3 bd · 1 ba · 1,005 sqft · $861 · 1.0 mi | $865,000 | 3 | 1 | 1,005 | $861 | 1.0 mi |
F 4155 Keever Avenue Sold 2 bd · 2 ba · 1,374 sqft · $631 · 0.9 mi | $867,500 | 2 | 2 | 1,374 | $631 | 0.9 mi |
G 4537 Linden Avenue Sold 4 bd · 3 ba · 1,557 sqft · $525 · 0.9 mi | $818,000 | 4 | 3 | 1,557 | $525 | 0.9 mi |
H 5031 N Raton Active Under Contract 3 bd · 2 ba · 1,546 sqft · $556 · 0.2 mi | $859,900 List Price | 3 | 2 | 1,546 | $556 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1942, the home is well-maintained but dated. The kitchen features older oak cabinetry and a fluorescent drop ceiling likely over 20 years old. While the hardwood floors and stainless steel appliances are positive updates, the overall interior aesthetic and systems require modernization to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Open-Concept Interior
The home features a desirable open-concept layout with hardwood floors and abundant natural light, creating a spacious and inviting atmosphere for modern living.
- Generous Lot and Parking
A substantial 5,611 sq. ft. lot provides an expansive backyard for entertaining, complemented by a 2-car garage and a premium paver-finished driveway for ample vehicle storage.
- Prime Location
Situated in a highly sought-after North Long Beach neighborhood, the property offers excellent proximity to golf courses, parks, major freeways, and diverse shopping options.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Built in 1942, the property may require modern updates to its original systems or structural components to meet current energy efficiency and building standards.
- Limited Bedroom Count
With only two bedrooms, the home may have a narrower buyer appeal, particularly for growing families or those requiring a dedicated home office space.
About 1609 E Silva
Welcome to this charming home nestled in a highly desirable area of North Long Beach! This spacious 2-bedroom, 2-bathroom residence offers approximately 1,186 sq. ft. of comfortable living space on a generous 5,611 sq. ft. lot. The inviting open-concept layout with hardwood floors throughout creates a warm and spacious atmosphere, complemented by an abundance of natural light throughout the home. The generously sized bedrooms provide plenty of comfort and space, while the expansive backyard offers the perfect setting for entertaining guests, enjoying family gatherings, or simply relaxing outdoors. A convenient 2-car garage provides ample parking and storage, while the paver-finished driveway and entry area offer additional space for multiple vehicles. Ideally located near grocery stores, parks, golf courses, major freeways, and a variety of shopping and dining options, this home combines comfort, convenience, and an excellent location. A wonderful opportunity to make North Long Beach your home!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1942
- Lot Size
- 5,611 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,186 | 1,516.237 |
| Lot Size | 5,611 | 5,828.075 |
| Price | $810.0K | $1.04M |
| Price per sq ft | $683 | $730 |
| Built year | 1942 | 1949 |
| HOA | $0 | $331 |
| Days on market | 18 | 49 |
Pricing History
Listed for Sale
Oct 7, 2026
$809,999
Initial Listing
Sold
Apr 28, 2006
$531,000
Public Record