
Long Beach, California 90815
This Value-Add Residential Asset is listed at $975,000, representing a stable acquisition in the prestigious El Dorado Park South neighborhood near its $930,661 Fair Market Value. Boasting a Condition Rating of 4, the home is a well-maintained 1953 original featuring original hardwood floors and a private patio. The generous 6,109 square foot corner lot and detached garage offer significant upside through ADU development or footprint expansion. Located within the Long Beach Unified School District, this property is an ideal match for Owner-Occupants seeking sweat equity or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2154 N Studebaker Road Subject | $975,000* List Price | 3 | 2 | 1,165 | $797 | - |
A 6448 E Los Arcos Sold | $950,000 | 3 | 2 | 1,323 | $718 | 0.5 mi |
B 2137 Ostrom Avenue Sold | $970,000 | 3 | 2 | 1,234 | $786 | 0.2 mi |
C 2534 Petaluma Avenue Sold | $955,000 | 3 | 2 | 1,251 | $763 | 0.5 mi |
D 6934 E Espanita Sold | $900,000 | 3 | 2 | 1,319 | $682 | 0.8 mi |
E 1931 Volk Sold | $930,000 | 4 | 2 | 1,382 | $673 | 0.3 mi |
F 6953 E Espanita Sold | $858,000 | 3 | 2 | 1,038 | $827 | 0.8 mi |
G 2703 Knoxville Pending | $950,000 List Price | 3 | 2 | 1,274 | $746 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a well-maintained 1953 original that is clean and livable but significantly outdated. While the original hardwood floors are a highlight, the kitchen and bathrooms feature mid-century cabinetry, vintage tile work, and older appliances that do not meet modern quality standards. The home lacks recent renovations to major systems or aesthetic finishes, making it a prime candidate for modernization while remaining functional in its current state.
Situated in the highly sought-after El Dorado Park South neighborhood, the property offers proximity to top-rated schools, parks, and shopping, ensuring strong long-term value and desirability.
The generous 6,109 square foot corner/cul-de-sac lot features a detached two-car garage, providing an excellent opportunity for ADU development or home expansion to maximize the property's footprint.
Well-maintained with original hardwood floors and a clean interior, the home serves as a perfect blank canvas for buyers looking to add equity through personalized renovations and modern upgrades.
Built in 1953, the home retains much of its original character and will likely require significant cosmetic and functional updates to meet the expectations of modern luxury buyers.
With only 1,165 square feet of living area and a 1.5-bath layout, the interior footprint may feel restrictive for larger families or those seeking more spacious contemporary accommodations.
Located in the highly desirable El Dorado Park South neighborhood of Long Beach, this 3-bedroom, 1.5-bath home offers a rare opportunity to create something truly special. Built in 1953, the property features approximately 1,165 square feet of living space on a generous 6,109 square foot corner/cul-de-sac lot. The home has been well maintained and retains much of its original character, including beautiful hardwood floors that add warmth and charm throughout. The clean interior provides a perfect canvas for buyers looking to update, remodel, or personalize to their taste. A detached two-car garage and spacious lot offer excellent potential for expansion, including possible ADU development (buyer to verify). The corner location provides added privacy and flexibility for future improvements. Situated in a sought-after neighborhood known for its strong schools and proximity to parks, shopping, and recreation, this property represents an exceptional opportunity for homeowners and investors alike to unlock its full potential.
No exterior & parking available.
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 | 1,165 | 1,540 | 11% |
| Lot Size | 6,109 | 6,249 | 46% |
| Price | $975.0K | $1.13M | 31% |
| Price per sq ft | $837 | $754 | 82% |
| Built year | 1953 | 1953 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 157 | 2% |
Mar 13, 2026
$975,000
Initial Listing