
Long Beach, California 90806
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $650,000—positioned well below the $663,917 Fair Market Value by 2%. This valuation gap offers $13,917 in Instant Equity. Featuring a Condition Rating of 2, the home includes extensive infrastructure upgrades, energy-efficient mini-splits, and a private patio with City Lights views. Located near highly-rated elementary schools, this property is an ideal acquisition for first-time buyers or Owner-Occupants seeking a modern, move-in ready home in Long Beach.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2245 Pine Avenue Subject | $639,999* List Price | 2 | 2 | 902 | $721 | - |
A 2241 Pine Sold | $550,000 | 2 | 1 | 750 | $733 | 0.0 mi |
B 2048 Golden Sold | $810,000 | 2 | 1 | 1,002 | $808 | 0.6 mi |
C 319 W 23rd Street Sold | $729,000 | 2 | 1 | 829 | $879 | 0.1 mi |
D 400 E 21st Active | $615,000 List Price | 3 | 1 | 887 | $693 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations (likely <5 years) including a fully remodeled kitchen with modern appliances, updated bathrooms with contemporary finishes, and new luxury vinyl plank flooring. Major systems have been modernized with a tankless water heater, energy-efficient mini-split HVAC, updated electrical, copper plumbing, and a newer roof.
The property features significant capital improvements including a newer roof, copper plumbing, updated electrical, and a bolted foundation, providing long-term peace of mind and reduced maintenance costs for the buyer.
Equipped with energy-efficient ductless mini-split HVAC systems, a Navien tankless water heater, and an electric vehicle charging outlet, the home seamlessly integrates contemporary technology into its classic 1920s character.
The availability of up to $20,000 in grant funds for eligible buyers offers a substantial financial advantage, significantly lowering the barrier to entry in the competitive Long Beach market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 902, other record living area = 732.
At just 902 square feet on a 2,253 square foot lot, the property offers very compact living quarters and minimal outdoor space, which may not suit buyers looking for room to expand.
While the local elementary schools are highly rated, the assigned Cabrillo High School has a lower rating of 3, which could be a deterrent for families prioritizing long-term educational consistency.
Welcome to this beautifully updated home in the desirable Wrigley area of Long Beach! Featuring a striking black exterior, this one-of-a-kind property blends timeless character with thoughtful modern updates. Inside, you'll find a spacious living room filled with natural light from oversized windows, creating a warm and welcoming atmosphere. The thoughtfully designed kitchen features butcher block countertops, a farmhouse sink, newer appliances, and opens to a versatile dining room that can also serve as the perfect home office. Just beyond, the expansive backyard patio offers the ideal space for entertaining, relaxing, or enjoying Long Beach's beautiful year-round weather. The primary suite features a walk-in closet, convenient indoor laundry, and a beautifully remodeled en-suite bathroom with an oversized shower. The second bedroom is privately situated on the opposite side of the home, providing added separation and comfort. Both bathrooms have been tastefully remodeled with modern finishes. The current owner has completed numerous quality improvements, including luxury vinyl plank flooring throughout, fresh interior and exterior paint, all-new landscaping with a newly installed front lawn, upgraded attic insulation, a Navien tankless water heater, energy-efficient ductless mini-split heating and air conditioning systems in the living room and both bedrooms, an electric vehicle charging outlet near the garage, and a security camera system covering the front yard, backyard, and garage. Additional major improvements include a newer roof, copper plumbing, updated sewer, waste and drain lines, updated electrical, dual-pane windows, and a bolted foundation. Nestled in the heart of Wrigley, one of Long Beach's most established neighborhoods, this home offers the perfect blend of timeless character and modern upgrades with convenient access to Downtown Long Beach, parks, dining, shopping, and major freeways. Eligible buyers may qualify for up to $20,000 in grant funds to assist with the purchase of this home. Contact the listing agent for program details and eligibility requirements.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 902 | 1,519.995 |
| Lot Size | 2,253 | 5,807.524 |
| Price | $640.0K | $1.03M |
| Price per sq ft | $710 | $728 |
| Built year | 1926 | 1948 |
| HOA | $0 | $259 |
| Days on market | 37 | 48 |
Sep 2, 2026
$639,999
$650,000
-2% Price Drop
Initial Listing
Aug 3, 2026
$650,000
Initial Listing
Sep 4, 2024
$585,000
Public Record
Sep 2, 2021
$431,000
Public Record