1903 E 59th Street, Long Beach, California 90805, Long Beach, 90805 - 3 bed, 1 bath

1903 E 59th Street, Long Beach, California 90805 home-pic-0
ACTIVE$675,000
1903 E 59th Street, Long Beach, California 90805
3Beds
1Bath
1,100Sqft
4,648Lot

Price Vs. Estimate

The estimated value ($614,791.02) is $60,208.98 (8%) lower than the list price ($675,000). This property may be overpriced.

Key pros and cons

Top Pros:
Desirable Location: Located in Long Beach, California, a highly sought-after market known for its vibrant urban environment, coastal proximity, and strong community appeal.
Top Cons:
Advanced Age of Property: Constructed in 1923, the home is over a century old, suggesting potential for significant maintenance, system upgrades (plumbing, electrical, HVAC), and renovation costs.

Compared to the nearby listings

Price:$675.0K vs avg $747.0K ($-72,000)25%
Size:1,100 sqft vs avg 1,142 sqft42%
Price/sqft:$614 vs avg $63247%

More Insights

Built in 1923 (102 years old).
Condition: The property, built in 1923, shows significant signs of age and deferred maintenance. The exterior paint is severely deteriorated, and one window is boarded up, indicating potential issues or lack of security. The kitchen and bathroom are highly outdated with dated tile flooring, countertops, and cabinetry, suggesting renovations were done 30-50 years ago. While functional, these areas require substantial rehabilitation to meet current standards. The overall condition points to a need for significant repairs and updates throughout the home.
Year Built
1923
Close
-
List price
$675K
Original List price
$675K
Price/Sqft
$614
HOA
-
Days on market
-
Sold On
-
MLS number
MB25219529
Home ConditionPoor
Features
View-

About this home

Condition Rating
Poor

The property, built in 1923, shows significant signs of age and deferred maintenance. The exterior paint is severely deteriorated, and one window is boarded up, indicating potential issues or lack of security. The kitchen and bathroom are highly outdated with dated tile flooring, countertops, and cabinetry, suggesting renovations were done 30-50 years ago. While functional, these areas require substantial rehabilitation to meet current standards. The overall condition points to a need for significant repairs and updates throughout the home.
Pros & Cons

Pros

Desirable Location: Located in Long Beach, California, a highly sought-after market known for its vibrant urban environment, coastal proximity, and strong community appeal.
Generous Lot Size: The 4648 sqft lot provides ample outdoor space for landscaping, potential expansion, or recreational activities, a valuable asset in an urban setting.
Single-Family Residence: As a standalone home, it offers privacy and independence, appealing to a broad range of buyers looking for a traditional homeownership experience.
Three Bedrooms: The 3-bedroom configuration caters well to families, couples needing office space, or those seeking rental income potential, broadening its market appeal.
Historic Charm: Built in 1923, the property likely possesses architectural character and a sense of history, which can be a unique selling point for buyers appreciating vintage homes.

Cons

Advanced Age of Property: Constructed in 1923, the home is over a century old, suggesting potential for significant maintenance, system upgrades (plumbing, electrical, HVAC), and renovation costs.
Limited Bathroom Count: With only one bathroom for three bedrooms, the property may present functional challenges for families or multiple occupants, potentially impacting daily convenience and resale value.
No Notable View: The property does not offer a specific scenic view, which could be a disadvantage compared to homes with desirable vistas in the Long Beach area.

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