2240 Eucalyptus, Long Beach, California 90806, Long Beach, 90806 - 3 bed, 2 bath
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Long Beach, California 90806
This Prime Investment Opportunity is listed at $849,900, positioned well below the $873,239 Fair Market Value by 2%, offering $23,339 in Instant Equity. Featuring a Mint Condition Rating, this 1930s Spanish home includes modern infrastructure like PEX plumbing and newer HVAC. The R2-zoned lot provides significant development potential for an ADU or duplex. Located near highly-rated schools like Lafayette Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation and flexibility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2240 Eucalyptus Subject | $849,900* List Price | 3 | 2 | 1,170 | $746 | - |
A 2319 Magnolia Avenue Sold | $929,250 | 3 | 2 | 1,214 | $765 | 0.1 mi |
B 2871 Daisy Avenue Sold | $940,000 | 3 | 2 | 1,175 | $800 | 0.8 mi |
C 2480 Oregon Avenue Sold | $890,000 | 3 | 1 | 1,245 | $715 | 0.4 mi |
D 2307 Daisy Avenue Sold | $810,000 | 2 | 1 | 977 | $829 | 0.2 mi |
E 2030 Eucalyptus Active | $830,000 List Price | 2 | 1 | 1,150 | $722 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a comprehensive recent renovation (likely <5 years) including a modern kitchen with quartz countertops and remodeled bathrooms. Critical systems have been fully updated with newer HVAC, PEX plumbing, a new sewer line, and dual-paned windows, meeting the criteria for mint condition with no immediate maintenance required.
The property features significant high-value improvements including newer HVAC, PEX plumbing, a new sewer line, and dual-paned windows, ensuring long-term functional reliability and energy efficiency.
Situated on a generous 6,501 sqft R2-zoned lot, this property offers rare investment upside with the potential to build a duplex or ADU for rental income or multigenerational living.
The home masterfully blends 1930s Spanish architectural charm and original hardwood floors with contemporary updates, including a remodeled kitchen with quartz countertops and updated bathrooms.
At 1,170 square feet for a three-bedroom configuration, the individual room sizes and living areas may feel somewhat restrictive for families requiring more spacious indoor environments.
Listed at approximately $726 per square foot, the property is positioned at the higher end of the market for the Wrigley area, which may impact its competitive standing among budget-conscious buyers.
Classic 1930s Spanish charm meets modern-day living in this beautifully updated Long Beach home. Featuring 3 bedrooms and 2 remodeled bathrooms, this inviting residence blends timeless character with thoughtful upgrades throughout. Original hardwood floors, abundant natural light, and architectural details create warmth and personality, while the remodeled kitchen showcases quartz countertops, recessed lighting, and modern finishes designed for everyday living and entertaining. The spacious dining room is filled with natural light and offers the perfect setting for gatherings and everyday meals. Just off the kitchen, you’ll find a dedicated office space and separate laundry room for added flexibility and convenience. Recent improvements include dual paned windows, newer HVAC, PEX plumbing, and a new sewer line, giving buyers confidence in both style and functionality. Situated on a large R2-zoned lot, the property also offers exciting upside potential with the possibility for a duplex for multigenerational living or income. A long driveway provides ample parking, while the generous backyard offers endless opportunities to entertain, garden, or create additional outdoor living space. Conveniently located near shopping, dining, parks, and freeway access, this is a rare opportunity to own a move-in ready character home with flexibility for the future in Long Beach.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 1.0 | 51% |
| Square foot | 1,170 | 1,245 | 41% |
| Lot Size | 6,501 | 6,000 | 71% |
| Price | $849.9K | $810.0K | 56% |
| Price per sq ft | $726 | $643 | 68% |
| Built year | 1930 | 1941 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 120 | 12% |
May 31, 2026
$849,900
Initial Listing
May 22, 2019
$570,000
Public Record
Nov 18, 1993
$125,000
Public Record