
Long Beach, California 90806
This Value-Add Townhouse Asset is listed at $550,000, representing a stable entry point at its $550,000 Fair Market Value. Currently holding a Condition Rating of 4, the property requires modernization but offers substantial upside for forced appreciation, especially as renovated area comparables command prices exceeding $700,000. The layout is highly functional, featuring a rare first-floor bedroom and bath and dual upstairs primary suites with a fireplace. Situated in the Long Beach Unified School District near Lafayette Elementary, this "as-is" opportunity is perfectly suited for Fix-and-Flip Investors or Contractors seeking a high-yield project.
Property is moderate renovation needed.
Built in 1978, this property is in mostly original condition and shows significant signs of age and wear. The kitchen and bathrooms feature dated oak-style cabinetry, laminate countertops, and older white appliances. The interior requires immediate attention due to heavily stained carpeting and popcorn ceilings. While the home appears functional and is marketed as a value-add investment, it needs comprehensive cosmetic updates and modernization to meet current standards.
The layout features a rare first-floor bedroom and full bath, providing excellent flexibility for multi-generational living, a home office, or guest accommodations.
Offered at a competitive price point for the area, this property presents a significant opportunity for investors or handy homeowners to build equity through strategic renovations.
Both upstairs bedrooms feature private en-suite bathrooms, including a spacious primary suite with a fireplace, offering enhanced privacy and comfort.
The property is being sold in 'as-is' condition and requires updates, which will necessitate immediate additional capital investment from the buyer.
Recent price reductions and a return to the market after being under contract suggest potential challenges with previous inspections or financing that buyers should investigate.
This 3-bedroom, 3-bath home is coming back on the market at a more attractive price and is being sold as-is. The property offers strong investment potential, with features like a first-floor bedroom and bath for flexible use, two upstairs bedrooms each with private baths—including a spacious primary suite with fireplace and ample closets—and an attached two-car garage with laundry hookups and drive-in access. Some updates or renovations will be required, making this a great opportunity for investors looking to add value.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.5 |
| Square foot | 1,508 | 1,145 |
| Lot Size | 6,386 | 8,765 |
| Price | $550.0K | $841.8K |
| Price per sq ft | $365 | $560 |
| Built year | 1978 | 1978 |
| HOA | $175.0 | $408 |
| Days on market | 291 | 38 |
Mar 30, 2026
$550,000
$580,000
-5% Price Drop
Initial Listing
Feb 3, 2026
$580,000
$599,000
-3% Price Drop
Initial Listing
Oct 14, 2025
$599,000
$585,000
+2% Price Increase
Initial Listing
Oct 4, 2025
$585,000
Initial Listing
Jul 2, 1998
$119,500
Public Record