2148 Myrtle, Long Beach, California 90806, Long Beach, 90806 - 3 bed, 2 bath
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Long Beach, California 90806
This property presents a High-Potential Investment Opportunity with a List Price of $600,000—positioned well below the $623,497 Fair Market Value by 3%. This valuation gap offers $23,497 in Instant Equity for buyers. Featuring a 5 Condition Rating, the home requires significant renovation, including kitchen completion and interior updates. With a 1,544 sqft floor plan, detached 2-car garage, and newer roof, it is an ideal value-add asset for Fix-and-Flip Investors or Contractors seeking to unlock equity through strategic cosmetic improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2148 Myrtle Subject | $600,000* List Price | 3 | 2 | 1,544 | $404 | - |
A 2366 Linden Avenue Sold | $765,000 | 4 | 2 | 1,643 | $466 | 0.4 mi |
B 2376 Locust Avenue Pending | $739,900 List Price | 3 | 1 | 1,496 | $495 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1911, this property requires significant rehab to be functional. The kitchen is a 'blank canvas' with no appliances, one bathroom is currently under construction, and interior photos show missing flooring and visible wall cracks. While the roof is newer, the lack of a functional kitchen and incomplete systems place it in the poor category.
The property features a newer roof installed less than five years ago and central A/C, providing significant value and reducing the need for immediate high-cost infrastructure investments.
With a flexible bonus room that can be converted into a fourth bedroom and a kitchen ready for custom design, this home offers an excellent opportunity to build equity through strategic renovations.
The detached two-car garage, long driveway, and generous 6,688 sqft lot provide rare and extensive parking options and outdoor space for the Long Beach area.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The kitchen lacks appliances and the second bathroom is currently under construction, which may limit financing options and requires the buyer to undertake immediate work before the home is fully functional.
As a 1911 build requiring significant cosmetic updates and finishing, the property is best suited for experienced renovators or cash buyers prepared for a comprehensive project.
This property is full of potential and ready for your vision. The home features a spacious living room with great natural light that flows into the dining area, creating a functional floor plan. The kitchen is a blank canvas with no appliances, offering the perfect opportunity to design and customize to your taste. Offering 3 bedrooms and 1 bathroom with a tub, the home also includes a second bathroom that is currently under construction with a newly installed sink and toilet. The bonus room provides excellent flexibility and could serve as a second family room, home office, or be converted into a 4th bedroom. Major improvements include a roof that is less than 5 years old and central A/C installed in 2008. A detached 2-car garage and long driveway provide ample parking. With solid fundamentals already in place, this property is an excellent opportunity for buyers looking to build equity through cosmetic updates. Bring your imagination and unlock this home's incredible potential!
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 |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,544 | 1,556.5 |
| Lot Size | 6,688 | 5,910 |
| Price | $600.0K | $1.02M |
| Price per sq ft | $389 | $721 |
| Built year | 1911 | 1949 |
| HOA | $0 | $240 |
| Days on market | 5 | 46 |
Jul 17, 2026
$600,000
Initial Listing