161 Santa Ana, Long Beach, California 90803, Long Beach, 90803 - 3 bed, 1 bath
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Long Beach, California 90803
This property presents a High-Potential Investment Opportunity with a List Price of $1,150,000—positioned well below the $1,172,026 Fair Market Value by 1.88%. This valuation gap offers $22,026 in Instant Equity. Featuring a Condition Rating of 4, the home requires TLC but offers significant upside in a prime coastal location. With a new 2024 roof and proximity to top-rated schools like Naples Elementary, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 161 Santa Ana Subject | $1,150,000* List Price | 3 | 1 | 998 | $1,174 | - |
A 40 La Verne Avenue Sold | $1,350,000 | 4 | 3 | 1,068 | $1,264 | 0.2 mi |
B 170 Park Sold | $1,280,000 | 2 | 1 | 972 | $1,317 | 0.4 mi |
C 221 Angelo Sold | $1,200,000 | 2 | 1 | 910 | $1,319 | 0.9 mi |
D 5555 Riviera Walk Sold | $1,400,000 | 3 | 1 | 1,183 | $1,183 | 0.4 mi |
E 209 Park Avenue Sold | $945,000 | 3 | 1 | 816 | $1,158 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1924 with a new roof (2024), but the interior is dated. The kitchen features older oak cabinets and Corian counters (approx. 20-30 years old), and the bathroom tile is significantly dated. The garage conversion shows visible wear, and the listing agent notes the home needs TLC.
Elementary School: Naples Elementary School (10/10).
Situated in the highly sought-after Belmont Shore neighborhood, the property is within walking distance to the Ocean, Alamitos Bay, and the vibrant shops and dining on 2nd Street.
A brand-new roof was installed in October 2024, offering significant value and reducing immediate maintenance concerns for the new owner.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The third bedroom is a garage conversion not included in the official square footage, which may present challenges with appraisals, financing, or future permitting.
The home is noted to need 'TLC,' suggesting that buyers will need to budget for cosmetic or structural updates to bring the 1924 structure to its full potential.
This 1924 classic Spanish Revival style low profile bungalow is located in one of the most desirable coastal neighborhoods. The enclosed front garden & patio area are perfect for some planting and relaxing. Entering you'll find a large living room with lots of natural light. Nice size kitchen with Corian counter tops, natural wood cabinets and a eating area with storage. 3/4 hall bath with tiled shower. The 3rd step down bedroom has back yard access. Wood flooring throughout except 3rd bedroom. Separate outside laundry room. Low maintenance cement back yard with a large automatic gate for parking access off the alley. New roof installed October 2024. With walking distance to the Ocean, Alamitos Bay, 2nd street shops & dining, this location checks all the boxes. The square footage doesn't include the 3rd bedroom. The home needs a little TLC but well worth the effort.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades 6-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 998 | 1,556.5 |
| Lot Size | 2,567 | 5,910 |
| Price | $1.15M | $1.02M |
| Price per sq ft | $1.2K | $721 |
| Built year | 1924 | 1949 |
| HOA | $0 | $240 |
| Days on market | 8 | 46 |
Jul 14, 2026
$1,150,000
Initial Listing