2064 Myrtle, Long Beach, California 90806, Long Beach, 90806 - 2 bed, 1 bath
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Long Beach, California 90806
This property presents a Prime Investment Opportunity with a List Price of $600,000—positioned well below the $631,559 Fair Market Value by 4%. This valuation gap offers $31,559 in Instant Equity for buyers executing a full redevelopment. Currently holding a Condition Score of 5, this distressed 1921 asset requires a total gut renovation but sits on an expansive 6,764 sq ft lot with significant ADU potential. Located near Signal Hill Elementary, this project is a high-reward acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2064 Myrtle Subject | $600,000* List Price | 2 | 1 | 1,112 | $568 | - |
A 2308 Lime Avenue Sold | $608,000 | 2 | 1 | 1,042 | $583 | 0.3 mi |
B 1890 Pasadena Avenue Sold | $550,000 | 3 | 1 | 1,444 | $381 | 0.4 mi |
C 2173 Olive Active | $675,000 List Price | 3 | 1 | 1,084 | $623 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is in a severely distressed condition and is currently uninhabitable. Interior images reveal significant deferred maintenance including large sections of missing ceiling plaster, exposed lath, graffiti, and boarded-up windows. Both the kitchen and bathroom are completely outdated and non-functional, requiring a total gut renovation. The property's age (1921) and current state suggest that all major systems (electrical, plumbing, HVAC) require full replacement.
The expansive 6,764 sq ft lot offers significant opportunities for expansion, the addition of an Accessory Dwelling Unit (ADU), or a complete rebuild to maximize the property's footprint.
Priced as a true fixer-upper, this property provides a rare chance for investors or builders to unlock substantial equity through a full renovation or ground-up redevelopment.
Conveniently situated near major freeways and local amenities in the Poly High area, the property offers excellent accessibility for commuters and proximity to Long Beach attractions.
The home is in distressed condition and requires a total overhaul, which will necessitate a significant additional capital investment for labor, materials, and structural updates.
Built in 1921, the property likely contains original systems that may not meet modern building codes, potentially leading to unforeseen expenses during the permitting and renovation process.
Opportunity knocks at 2064 Myrtle Avenue in Long Beach! This 2-bedroom, 1-bath home sits on an expansive 6,764 sq ft lot and is ready for your vision. A true fixer-upper, this property offers incredible potential for investors, builders, or buyers looking to create their dream home from the ground up. The generous lot size provides ample space for expansion, an ADU, or a complete reimagining of the property. Conveniently located near local amenities, freeways, and a plethora of attractions, this is a rare chance to unlock value in a desirable area. Bring your tools, imagination, and creativity—properties with this much potential don’t come around often!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 40% |
| Baths | 1.0 | 2.0 | 47% |
| Square foot | 1,112 | 1,312 | 28% |
| Lot Size | 6,764 | 6,000 | 84% |
| Price | $600.0K | $823.0K | 12% |
| Price per sq ft | $540 | $627 | 33% |
| Built year | 1921 | 1940 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 163 | 2% |
Mar 30, 2026
$600,000
Initial Listing