2276 Fanwood Avenue, Long Beach, California 90815, Long Beach, 90815 - 3 bed, 2 bath

2276 Fanwood Avenue, Long Beach, California 90815 home-pic-0

2276 Fanwood Avenue

Long Beach, California 90815

ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
3Beds
2Baths
1,461Sq Ft
6,028Lot Size

Property Price

LIST PRICE$1,099,000
EST. MARKET VALUE
$1,142,869
3% BelowMARKET VALUE

SUMMARY

Analysis of 2276 Fanwood Avenue, Long Beach, California 90815 reveals a Prime Investment Opportunity with a current list price of $1,099,000—significantly undercutting the $1,142,869 Fair Market Value by 3%. This valuation gap indicates a +$43,869 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$1,142,869 +$43,869 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Long Beach.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
2276 Fanwood Avenue
Subject
$1,099,000*
List Price
321,461$782-
A
2038 San Vicente Avenue
Sold
$1,165,000321,527$7630.4 mi
B
5845 E Deborah
Sold
$1,140,000321,400$8140.4 mi
C
2236 Albury Avenue
Sold
$1,255,000421,573$7980.2 mi
D
6261 East Marita St
Sold
$1,150,000321,394$8250.6 mi
E
2680 Chatwin
Sold
$1,386,000421,434$9670.6 mi
F
5990 E El Paseo
Sold
$1,275,000321,670$7630.3 mi
G
2039 Rutgers
Active Under Contract
$1,324,888
List Price
321,393$9510.9 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Despite being built in 1952, this property has undergone an extensive and recent renovation, making it a 'turn-key home'. The custom gourmet kitchen features high-end Thermador and Samsung stainless steel appliances, oversized Quartz counters, and newer custom cabinetry, all appearing virtually new. Bathrooms are also fully upgraded with modern fixtures, tiling, and vanities. The property boasts new white oak floors, newer roof, newer tankless water heater, recessed lighting, and updated exterior elements, indicating all major components meet current quality standards with no deferred maintenance. The overall condition, style, and features are consistent with a recently and thoroughly renovated home.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Gant Elementary School (10/10). Middle School: Tincher Preparatory School (9/10).

  • Extensive Modern Upgrades

    The property boasts a comprehensive list of recent upgrades including a newer roof, tankless water heater, white oak floors, updated bathrooms, and new concrete work, ensuring a turn-key experience for buyers.

  • Gourmet Kitchen & Entertainment Bar

    Features a custom gourmet kitchen with oversized Quartz counters, high-end Thermador and Samsung stainless steel appliances, and a dedicated bar area with a wine/beer refrigerator, perfect for entertaining.

CONSRISKS & DEFICIENCIES

  • Absence of Central Air Conditioning

    Despite numerous upgrades, the property description does not mention a central air conditioning system, which could be a significant drawback during warmer months in Southern California.

  • Original Construction Year (1952)

    While extensively renovated, the home's original construction year of 1952 means potential buyers may have concerns about the age of underlying infrastructure not explicitly mentioned as upgraded.

  • Lack of Scenic Views

    The property does not offer any scenic views, which might be a consideration for buyers prioritizing premium vistas in their home search.

About 2276 Fanwood Avenue

Will deliver it VACANT! WONDERFUL TURN KEY HOME IN LOS ALTOS NEIGHBORHOOD!This Open Concept 3 Bedroom & 2 Bath Home is ideal for those who enjoy entertaining. Step into the Open & Airy Living Room which offers a Fireplace,Dining Area & Bi-fold doors extending to the side patio deck area creating an indoor/outdoor living extension.The Custom Gourmet Kitchen has oversized Quartz Counters & Stainless Steal Appliance Package: Thermador 6 Burner Gas Stove, Zepher Oven & Stove Hood, Thermador Dishwasher & Samsung Refrigerator & all newer custom cabinetry.This entertainer’s home comes with a custom Bar Area featuring a Beer/Wine Refrigerator & Stainless Steal sink.Proceed past the kitchen & you’ll arrive to the cozy large Family Room w/fireplace,Upgraded Bathroom & sliding glass doors to the outdoor Living & Backyard space.The Backyard Offers a Patio covering with outdoor electric heaters, an Azek Patio Deck for a potential jacuzzi & ample outdoor space to even create a dog run.Large 2 car garage is positioned in the rear of the house w/long drive way for RV parking & exterior RV hookup. Home has many upgrades to include:Newer Roof, Newer Tankless Water Heater, White Oak Floors,Newer Exterior Door,Can Lights, Fans,Bathroom Upgrades,Newer Poured Concrete, Sprinkers, Pavers, Azek Front Porch,Garage shelving & Storage and much more.Close to Award Winning Schools, CSULB, Shopping, Dining & Freeway access.This is A Great Opportunity!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1952
Lot Size
6,028 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Long Beach Unified Schools

Prisk Elementary School

Grades K-5 • 0.1 mi

9/10

Gant Elementary School

Grades K-5 • 0.6 mi

10/10

Emerson Parkside Academy

Grades K-5 • 0.7 mi

8/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,4611,527
47%
Lot Size6,0286,202
37%
Price$1.10M$1.14M
46%
Price per sq ft$752$747
50%
Built year19521953
48%
HOA$0$0
50%
Days on market45163
5%

Pricing History

Listed for Sale

Jan 20, 2026

$1,099,000

Initial Listing

Sold

Feb 28, 2019

$775,000

Public Record

Sold

Mar 6, 2013

$530,000

Public Record

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