
Long Beach, California 90815
This property presents a High-Potential Investment Opportunity with a List Price of $849,900—positioned well below the $857,454 Fair Market Value by 0.88%. This valuation gap offers $7,554 in Instant Equity. Featuring a Condition Rating of 5, the home requires modernization, yet its 6,517 sqft lot and Artcraft Manor location—zoned for Bixby Elementary (Rating 8)—provide significant upside. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through renovation in a high-demand school district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2210 Ximeno Subject 3 bd · 1 ba · 1,028 sqft · $834 | $849,900* List Price | 3 | 1 | 1,028 | $834 | - |
A 2771 Rutgers Sold 2 bd · 1 ba · 965 sqft · $824 · 0.9 mi | $795,000 | 2 | 1 | 965 | $824 | 0.9 mi |
B 2322 Charlemagne Avenue Active Under Contract 3 bd · 1 ba · 1,058 sqft · $898 · 0.8 mi | $950,000 List Price | 3 | 1 | 1,058 | $898 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1943 (>80 years old) with no mentioned renovations. The agent's description of 'tons of potential' is a standard industry indicator that the kitchen, bath, and major systems (HVAC/Electric) are likely original or severely outdated and require a full rehab.
Situated in the highly desirable Artcraft Manor, the property is zoned for top-rated schools like Bixby Elementary (Rating 8) and offers excellent proximity to beaches, shopping, and major commuter routes.
The expansive 6,517 sqft lot features a private yard and a detached two-car garage, providing ample space for outdoor entertaining or the potential to add an Accessory Dwelling Unit (ADU).
With three bedrooms and a solid footprint in a high-demand zip code, this property serves as an ideal canvas for investors or homeowners looking to build equity through renovations.
The home features only one bathroom for three bedrooms, which may be a significant inconvenience for modern families and could impact the property's competitive edge.
Built in 1943 and marketed as having 'tons of potential,' the property likely requires substantial modernization and capital investment to update its original systems and finishes.
Three-Bedroom, One-Bath Home with Tons of Potential in the Desirable Artcraft Manor Area. This home features a two-car detached garage, a long driveway, and a large lot offering plenty of outdoor space. Enjoy a private yard that’s perfect for entertaining. Conveniently located near shopping, restaurants, top-rated schools, colleges, beaches, PCH, and major freeways, this property provides excellent accessibility for daily living and commuting.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,028 | 1,516.237 |
| Lot Size | 6,517 | 5,828.075 |
| Price | $849.9K | $1.04M |
| Price per sq ft | $827 | $730 |
| Built year | 1943 | 1949 |
| HOA | $0 | $331 |
| Days on market | 11 | 49 |
Oct 14, 2026
$849,900
Initial Listing