
Long Beach, California 90805
This High-Potential Investment Opportunity is a 3-bedroom Single Family Residence listed at $549,989, positioned well below the $570,415 Fair Market Value by 3%. This valuation gap offers $20,426 in Instant Equity. With a Condition Rating of 3, the home features a new roof and fresh paint, while the near-complete SB9 development process provides significant upside for expansion. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in-ready home with long-term value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 180 E 69th Subject | $560,000* List Price | 3 | 1 | 900 | $642 | - |
A 180 E 67th Active | $615,000 List Price | 2 | 1 | 926 | $664 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1924, the home is well-maintained and move-in ready due to significant recent updates including a new roof (approx. 7 months old), fresh interior/exterior paint, and new fixtures. The kitchen features updated stone countertops and the property is functional, meeting the criteria for a well-maintained older home with recent partial renovations.
The property features significant recent upgrades including a new roof (approx. 6-7 months old), fresh interior and exterior paint, and new fixtures, offering a move-in-ready experience with reduced immediate maintenance costs.
Being nearly complete with the SB9 process presents a significant value-add opportunity for investors or homeowners looking to utilize California's density laws for future expansion or lot splitting.
The gated perimeter and beautifully brick-paved front yard provide both enhanced security and low-maintenance outdoor space with ample room for off-street parking.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2884, other record lot size in square feet = 5770. Living area discrepancy between mls listing and other public or private record. mls listing living area = 900, other record living area = 1476. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
With only 900 square feet of living space for a three-bedroom configuration and a single bathroom, the home may feel cramped and lacks the functional balance typically desired by modern families.
The reduction in garage size limits its functionality for standard-sized vehicles, effectively relegating the space to storage or very small vehicles, which may impact overall utility.
Welcome to this charming 3-bedroom, 1-bath starter home with great potential! This gated property features fresh interior and exterior paint, giving the home a clean and updated feel. The roof is only approximately 6–7 months old, offering peace of mind for the new owner. New fixtures throughout. The front yard is beautifully paved with brick, creating low-maintenance curb appeal and plenty of space for parking or outdoor enjoyment. The garage has been reduced in size, providing flexibility for storage use or a small vehicle. This property is nearly complete with the SB9 process, presenting an incredible opportunity to purchase a single family residence at a great price. Perfect for first-time buyers, or anyone looking for a move-in-ready home with added value opportunities. Don’t miss out on this unique opportunity! All details listed are about the current home. The lot for this home 2884. The back home is not included in the sale. Each are now considered single family residences. This home is not a duplex. The home does not have washer dryer hook up.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 51% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 900 | 1,120 | 28% |
| Lot Size | 2,884 | 5,095 | 11% |
| Price | $560.0K | $715.0K | 8% |
| Price per sq ft | $622 | $651 | 44% |
| Built year | 1924 | 1942 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 135 | 3% |
May 17, 2026
$560,000
$549,989
+2% Price Increase
Initial Listing
May 7, 2026
$549,989
Initial Listing
Jun 1, 2009
$250,000
Public Record
Dec 2, 2005
$437,500
Public Record