
Long Beach, California 90815
This High-Potential Investment Opportunity is listed at $399,000, positioned well below the $404,130 Fair Market Value by 1%, offering $5,130 in Instant Equity. With a Condition Rating of 4, the unit requires cosmetic modernization, yet its proximity to Cal State Long Beach and the VA Medical Center ensures strong rental demand. Zoned for the Long Beach Unified School District, this property features a private balcony and is ideal for Buy-and-Hold Investors or first-time buyers seeking an entry-level asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1770 Ximeno 211 Subject | $399,000* List Price | 1 | 1 | 720 | $561 | - |
A 4161 Hathaway Avenue 46 Sold | $465,000 | 1 | 1 | 739 | $629 | 0.4 mi |
B 4141 Hathaway Sold | $480,000 | 2 | 2 | 957 | $502 | 0.4 mi |
C 1770 Ximeno Avenue 314 Active | $418,000 List Price | 1 | 1 | 720 | $581 | - |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1966, the property features a dated interior with popcorn ceilings and older oak cabinetry likely from a 20+ year old renovation. While functional and habitable, it requires cosmetic updates and modernization to systems and finishes to meet current standards.
Located just 1.5 miles from Cal State Long Beach with a direct bus route, this property offers exceptional convenience for students, faculty, and university staff.
Priced competitively under $400,000 in the desirable Circle Area, this unit represents a strong entry-level opportunity for first-time buyers or investors seeking rental income.
The property is zoned for the Long Beach Unified School District, featuring high-performing schools like Bixby Elementary, which carries a notable 8/10 rating.
Constructed in 1966, the property may require updates to its original systems or interior finishes to meet modern energy efficiency and aesthetic standards.
The monthly association fee of $404 is a significant recurring cost that may impact the debt-to-income ratio for buyers at this price point.
First time home buyers and investors, this is a must see! This one bedroom, one bath, second floor home comes with an outdoor private balcony. This lovely home is just 1.5 miles away from Cal State Long Beach, with a bus route going right to the school and the Long Beach VA Medical Center.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 720 | 932.5 | 39% |
| Lot Size | 30,415 | 130,993 | 36% |
| Price | $399.0K | $482.5K | 18% |
| Price per sq ft | $554 | $550 | 50% |
| Built year | 1966 | 1979 | 7% |
| HOA | $404.0 | $525 | 14% |
| Days on market | 32 | 157 | 7% |
May 14, 2026
$399,000
Initial Listing
Apr 30, 1996
$52,000
Public Record