1849 Fanwood Avenue, Long Beach, California 90815, Long Beach, 90815 - 7 bed, 4 bath
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1849 Fanwood Avenue
Long Beach, California 90815
ACTIVE
CONDITION: EXCELLENT
7Beds
4Baths
2,003Sq Ft
6,828Lot Size
Property Price
LIST PRICE$1,850,000
EST. MARKET VALUE
$1,961,221
5% BelowMARKET VALUE
SUMMARY
This Multigenerational Residential Asset is a Strong Value Opportunity, listed at $1,850,000—positioned well below the $1,961,222 Fair Market Value by 5%. This valuation gap offers $111,222 in Instant Equity. Featuring a Condition Rating of 2, the property includes a remodeled Granite Kitchen and a modern 3-bed/2-bath ADU. Located near 10/10 rated Gant Elementary, this turnkey property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking rental income.
Estimated Market Value
$1,961,221+$111,221 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Long Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1849 Fanwood Avenue Subject 7 bd · 4 ba · 2,003 sqft · $979 | $1,850,000* List Price | 7 | 4 | 2,003 | $979 | - |
A 1933 Fanwood Active 5 bd · 4 ba · 1,881 sqft · $1,170 · 0.1 mi | $2,200,000 List Price | 5 | 4 | 1,881 | $1,170 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1952, the property has undergone a comprehensive recent renovation (likely <5 years) featuring a remodeled kitchen with soft-close cabinetry and granite countertops, updated bathrooms with modern finishes, and dual-pane windows. The addition of a modern 3-bed/2-bath ADU and the mint condition of the exterior and landscaping further justify the excellent rating.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Gant Elementary School (10/10). Middle School: Tincher Preparatory School (9/10).
- Multigenerational & Income Potential
The rare combination of a 4-bedroom main house and a 3-bedroom ADU offers exceptional versatility for rental income, guest housing, or large multigenerational families.
- Prime Location & Top-Rated Schools
Located in the desirable Los Altos neighborhood, the property is within walking distance to Cal State Long Beach and the 10/10 rated Minnie Gant Elementary School.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2025-11-18. The sold price is $900,000.00.
- High Lot Density
With two separate dwellings totaling seven bedrooms on a 6,828-square-foot lot, the available private outdoor yard space is significantly reduced.
- Lack of Scenic Views
The property offers no significant views, which may be a drawback for buyers seeking premium aesthetic appeal at this price point.
About 1849 Fanwood Avenue
A rare opportunity for investors or buyers seeking multigenerational living: a main house with a rear ADU in Los Altos, one of Long Beach's most established neighborhoods. The property sits on a quiet, tree-lined street where mature trees shade the sidewalks and give the block its classic character. The main house offers four bedrooms and two bathrooms in approximately 1,300 square feet. Hardwood floors carry through the living areas and bedrooms, and dual-pane windows bring in steady natural light while keeping the rooms quiet. The remodeled kitchen features white soft-close cabinetry, granite countertops, new flooring, and stainless steel appliances anchored by a five-burner gas range. Both bathrooms are updated with modern vanities and contemporary finishes. Behind the main house, the ADU adds three bedrooms and two bathrooms in approximately 749 square feet, ideal for rental income, extended relatives, or guests. Together the two homes offer seven bedrooms and four bathrooms on a 6,828-square-foot lot, and a long driveway provides ample parking. Minnie Gant Elementary is two blocks away and Cal State Long Beach is one, with parks, shopping, Trader Joe's, and major freeways all nearby.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 6,828 Sq. Ft.
Interior
- Total Bedrooms
- 7
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Long Beach Unified Schools
Gant Elementary School
Grades K-5 • 0.2 mi
10/10
Prisk Elementary School
Grades K-5 • 0.7 mi
9/10
Bixby Elementary School
Grades K-5 • 0.9 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,003 | 1,516.237 |
| Lot Size | 6,828 | 5,828.075 |
| Price | $1.85M | $1.04M |
| Price per sq ft | $924 | $730 |
| Built year | 1952 | 1949 |
| HOA | $0 | $331 |
| Days on market | 16 | 49 |
Pricing History
Listed for Sale
Oct 9, 2026
$1,850,000
Initial Listing
Sold
Nov 18, 2025
$900,000
Public Record