1724 E 10th Street, Long Beach, California 90813, Long Beach, 90813 - 2 bed, 1 bath
ACTIVE$635,000
1724 E 10th Street, Long Beach, California 90813
2Beds
1Bath
1,360Sqft
4,358Lot
Price Vs. Estimate
The estimated value ($635,000) is $0 (0%) lower than the list price ($635,000). This property may be overpriced.
Key pros and cons
Top Pros:
Development Potential (R2 Zoning): Situated on R2 zoning with a large backyard and alley access, this property offers significant potential for adding an Accessory Dwelling Unit (ADU) or additional units, enhancing future income or multi-generational living options.
Top Cons:
Property Age: Built in 1920, the property is over 100 years old, which may imply potential for aging infrastructure (e.g., plumbing, electrical, foundation) that could require future maintenance or upgrades despite recent cosmetic remodels.
Compared to the nearby listings
Price:$635.0K vs avg $652.5K ($-17,500)44%
Size:1,360 sqft vs avg 1,042 sqft88%
Price/sqft:$467 vs avg $6566%
More Insights
Built in 1920 (105 years old).
Condition: Despite being built in 1920, the property features a recently remodeled kitchen with modern dark wood cabinets, stainless steel appliances, and updated backsplash, along with updated bathrooms featuring modern vanities and fixtures. The main living areas have newer wood-look laminate flooring. While some areas like bedrooms have older carpet and window AC units, and one room has an outdated drop ceiling, the significant updates to the kitchen and bathrooms make the property largely move-in ready with no immediate major renovations required, aligning with the 'Good' condition criteria for properties extensively renovated within the last 5-15 years.
Year Built
1920
Close
-
List price
$635K
Original List price
$790K
Price/Sqft
$467
HOA
-
Days on market
-
Sold On
-
MLS number
PW25147552
Home ConditionGood
Features
Patio
View-
About this home
A cozy single family home situated on a R2 zoning. 2/1 bath, remodel kitchen and bathrooms , alley access. House has extra room and bathroom. Large back yard for parking or to add more unit/ADU. Short distance to the beach and to public transportation and others amenities.
Condition Rating
Good
Despite being built in 1920, the property features a recently remodeled kitchen with modern dark wood cabinets, stainless steel appliances, and updated backsplash, along with updated bathrooms featuring modern vanities and fixtures. The main living areas have newer wood-look laminate flooring. While some areas like bedrooms have older carpet and window AC units, and one room has an outdated drop ceiling, the significant updates to the kitchen and bathrooms make the property largely move-in ready with no immediate major renovations required, aligning with the 'Good' condition criteria for properties extensively renovated within the last 5-15 years.
Pros & Cons
Pros
Development Potential (R2 Zoning): Situated on R2 zoning with a large backyard and alley access, this property offers significant potential for adding an Accessory Dwelling Unit (ADU) or additional units, enhancing future income or multi-generational living options.
Recent Interior Renovations: The kitchen and bathrooms have been recently remodeled, providing modern aesthetics and functionality, which reduces immediate renovation costs for a new owner.
Strategic Location: The home boasts a desirable location with short distances to the beach, public transportation, and various local amenities, offering convenience and lifestyle benefits.
Value Proposition: With multiple price reductions from the original list price of $790,000 down to $635,000, and a current estimated value slightly higher at $649,010, the property presents a compelling value opportunity for buyers.
Flexible Living Space: Beyond the listed 2 bedrooms, the description mentions an 'extra room and bathroom,' providing additional flexible living space or potential for a third bedroom.
Cons
Property Age: Built in 1920, the property is over 100 years old, which may imply potential for aging infrastructure (e.g., plumbing, electrical, foundation) that could require future maintenance or upgrades despite recent cosmetic remodels.
Limited Bathroom Count: The property features only one full bathroom for a 2-bedroom home (plus an extra room), which could be inconvenient for families or multiple occupants.
Significant Price Reductions: The substantial and repeated price drops from the initial listing may raise questions for potential buyers regarding market perception, underlying issues, or the property's true market value.