2051 Orange Avenue, Long Beach, California 90806, Long Beach, 90806 - 3 bed, 1 bath
ACTIVE$599,900
2051 Orange Avenue, Long Beach, California 90806
3Beds
1Bath
2,131Sqft
6,544Lot
Year Built
1942
Close
-
List price
$600K
Original List price
$775K
Price/Sqft
$282
HOA
-
Days on market
-
Sold On
-
MLS number
PW25200817
Home ConditionTear down
Features
Good View: City Lights
ViewCity Lights
About this home
We found 3 Cons,5 Pros. Rank: price - $599.9K(25th), sqft - 2131(25th), beds - 3(75th), baths - 1(75th).
***FIXER FIXER FIXER***Commercial residential mixed use zone 3 bedroom home with a small retail store front office attached. Probate court approved and home has never been remolded or updated. Mostly original and will need complete rehab and remolding. As Is Sale....FIXER FIXER FIXER*** Huge price improvement and sellers are ready serious and motivated!!! PRICE IMPROVEMENT!!!!! ZONING CNR COMMERICAL NEIGBORHOOD RESIDENTIAL MULTI UNITS ALLOWED!!! TEAR DOWN AND REBUILD TWO SINGLE FAMILY HOMES OR MULTI UNITS!!!
Nearby schools
8/10
Signal Hill Elementary School
Public,•K-5•0.4mi
4/10
Whittier Elementary School
Public,•K-5•0.5mi
5/10
Burnett Elementary School
Public,•K-5•0.5mi
7/10
Roosevelt Elementary School
Public,•K-5•0.8mi
6/10
Washington Middle School
Public,•6-8•1.3mi
6/10
Franklin Classical Middle School
Public,•6-8•1.5mi
6/10
Polytechnic High School
Public,•9-12•0.7mi
Price History
Date
Event
Price
12/18/25
Price Change
$599,900-4.0%
12/05/25
Price Change
$625,000-3.8%
10/30/25
Price Change
$650,000-13.3%
09/25/25
Price Change
$750,000-3.2%
09/05/25
Listing
$775,000
Condition Rating
Tear down
Built in 1942 and explicitly described as a 'FIXER FIXER FIXER' that has 'never been remolded or updated' and is 'mostly original.' The listing even suggests to 'TEAR DOWN AND REBUILD TWO SINGLE FAMILY HOMES OR MULTI UNITS!!!' The images show a severely neglected exterior, reinforcing the need for complete demolition or an extremely extensive and costly rehabilitation, making its value primarily in the land and redevelopment potential.
Pros & Cons
Pros
Flexible Zoning & Development Potential: The CNR (Commercial Neighborhood Residential) zoning allows for mixed-use, multi-unit development, or rebuilding two single-family homes, offering significant investment and income potential.
Significant Price Reduction: The property has seen a substantial price drop from $775,000 to $599,900, indicating a motivated seller and a potentially attractive entry point for buyers.
Attached Commercial Space: Includes a small retail storefront office, providing immediate commercial income opportunity or a dedicated workspace, leveraging the mixed-use zoning.
Generous Lot Size: A 6,544 sqft lot provides ample space for potential expansion, landscaping, or redevelopment projects, especially given the flexible zoning.
Desirable Long Beach Location: Situated in Long Beach, a vibrant city with strong rental demand and ongoing development, enhancing long-term value and appeal.
Cons
Extensive Renovation Required: The property is explicitly marketed as a 'FIXER FIXER FIXER' and requires 'complete rehab and remolding,' indicating substantial time and financial investment for updates.
Sold 'As-Is' & Probate Sale: Being sold 'As-Is' means the buyer assumes all responsibility for repairs, and the probate court approval process might introduce additional legal complexities or extended timelines.
Outdated Condition & Limited Amenities: Built in 1942 and never updated, the property is mostly original, likely has outdated systems, and features only one bathroom for a 3-bedroom home, which is below modern standards.