
Long Beach, California 90815
This property presents a High-Potential Investment Opportunity with a List Price of $879,000—positioned well below the $879,795 Fair Market Value by 0.09%. Featuring a Condition Rating of 5, this 1953 build requires a comprehensive renovation to modernize its original systems. The 6,056 sqft corner lot provides significant ADU potential and outdoor space. Located in the Long Beach Unified district near top-rated schools like Tincher Preparatory, this is a strategic acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build equity through value-add improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1803 N Studebaker Subject 3 bd · 2 ba · 1,165 sqft · $744 | $859,000* List Price | 3 | 2 | 1,165 | $744 | - |
A 6915 E Stearns Street Sold 3 bd · 3 ba · 1,256 sqft · $856 · 0.5 mi | $1,075,000 | 3 | 3 | 1,256 | $856 | 0.5 mi |
B 2001 Carfax Sold 3 bd · 1 ba · 1,040 sqft · $889 · 0.6 mi | $925,000 | 3 | 1 | 1,040 | $889 | 0.6 mi |
C 2334 Iroquois Avenue Sold 2 bd · 2 ba · 1,234 sqft · $762 · 0.7 mi | $940,000 | 2 | 2 | 1,234 | $762 | 0.7 mi |
D 1875 Mcnab Sold 2 bd · 1 ba · 1,017 sqft · $836 · 0.8 mi | $850,000 | 2 | 1 | 1,017 | $836 | 0.8 mi |
E 6544 E Willow Sold 4 bd · 2 ba · 1,451 sqft · $682 · 1.0 mi | $990,000 | 4 | 2 | 1,451 | $682 | 1.0 mi |
F 2002 N Studebaker Pending 3 bd · 2 ba · 1,169 sqft · $697 · 0.2 mi | $815,000 List Price | 3 | 2 | 1,169 | $697 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1953 and described as being in mostly original condition, this property requires a complete rehab. Interior photos reveal heavily stained and worn carpeting, popcorn ceilings, dated linoleum flooring, and completely outdated systems and fixtures that need significant TLC and modernization.
Elementary School: Gant Elementary School (10/10). Middle School: Tincher Preparatory School (9/10).
Situated in the highly desirable Los Altos community, the property is within walking distance of top-rated institutions like Tincher Preparatory School, ensuring strong long-term demand.
The generous 6,056 sqft corner lot offers significant space for outdoor living and excellent ADU potential, providing a clear path to increased property value and utility.
The property is in need of significant TLC and remains in mostly original condition, which will require a substantial upfront capital investment for modern updates and repairs.
With only 1.5 bathrooms for a three-bedroom layout, the current configuration may be a drawback for modern families who typically prioritize at least two full bathrooms.
Los Altos Opportunity! This 3-bedroom, 1½-bath home, built in 1953, is ready for a new owner to bring it back to life. In mostly original condition and in need of TLC, this property offers excellent potential for renovation and personalization. Situated on a corner lot with a generous backyard, there’s room to create your ideal outdoor space and possibly explore ADU potential, subject to city approval. A great opportunity to live in the desirable Los Altos community and make this home your own.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,165 | 1,516.237 |
| Lot Size | 6,056 | 5,828.075 |
| Price | $859.0K | $1.04M |
| Price per sq ft | $737 | $730 |
| Built year | 1953 | 1949 |
| HOA | $0 | $331 |
| Days on market | 31 | 49 |
Oct 22, 2026
$859,000
$879,000
-2% Price Drop
Initial Listing
Sep 24, 2026
$879,000
Initial Listing