
Long Beach, California 90806
This Spacious 1907 Traditional Home is a Strong Value Opportunity, listed at $850,000—positioned well below the $866,148 Fair Market Value by 2%. This valuation gap provides $16,148 in Instant Equity for incoming buyers. Featuring a Fair Condition Rating with a contractor-maintained new roof, the property sits on a generous 6,505-square-foot lot near top-rated Signal Hill Elementary. The residence balances historic character with functional updates, offering a stable entry into the Long Beach market. This is an ideal match for Owner-Occupants or first-time buyers seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1965 Myrtle Subject | $850,000* List Price | 3 | 2 | 1,696 | $511 | - |
A 2366 Linden Avenue Sold | $765,000 | 4 | 2 | 1,643 | $466 | 0.5 mi |
B 2225 Olive Avenue Sold | $725,000 | 4 | 3 | 1,740 | $417 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1907, this property is significantly aged. While the description by the owner (a general contractor) claims 'excellent condition' and a 'new roof,' aerial imagery reveals mismatched roofing materials and patches, suggesting partial repairs rather than a full uniform replacement. The exterior stucco and windows show signs of age, and the lack of interior photos prevents verification of modern updates to the kitchen, bathrooms, or electrical systems. It is assessed as 'fair' because it appears maintained but likely retains outdated features and infrastructure consistent with its century-old construction.
Owned by a general contractor, the home is reported to be in excellent condition and features a brand-new roof, offering buyers peace of mind regarding structural integrity and maintenance.
The property sits on a substantial 6,505-square-foot lot, providing significant outdoor space for landscaping, entertaining, or potential future expansions in a dense urban market.
The home is conveniently located near well-rated educational institutions, including Signal Hill Elementary (8/10) and Roosevelt Elementary (7/10), making it highly attractive for families.
Built in 1907, the property's century-old age may present challenges with legacy infrastructure, such as plumbing or electrical systems, that modern buyers might find concerning.
The listing indicates no views from the property, which may be a disadvantage in the Long Beach market where coastal or city vistas often command a premium.
Owned by a general contractor. Excellent condition, new roof, excellent location and subject to inspection.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,696 | 1,364 | 86% |
| Lot Size | 6,505 | 6,000 | 74% |
| Price | $850.0K | $828.0K | 58% |
| Price per sq ft | $501 | $627 | 26% |
| Built year | 1907 | 1940 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 163 | 5% |
Mar 18, 2026
$850,000
Initial Listing
Sep 11, 1968
$5,000
Public Record