2321 Myrtle Avenue, Long Beach, California 90806, Long Beach, 90806 - 4 bed, 2 bath
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Long Beach, California 90806
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $800,000—positioned well below the $822,864 Fair Market Value by 2%. This valuation gap offers $22,864 in Instant Equity. Featuring a 4-bedroom layout with a permitted office and new individual AC units, the home maintains a Condition Rating of 4. While currently tenant-occupied, the large 6,460-square-foot lot and proximity to highly-rated schools make this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2321 Myrtle Avenue Subject | $800,000* List Price | 4 | 2 | 1,585 | $519 | - |
A 2366 Linden Avenue Sold | $765,000 | 4 | 2 | 1,643 | $466 | 0.2 mi |
B 549 E Rhea Sold | $730,000 | 2 | 1 | 1,234 | $592 | 0.5 mi |
C 2173 Olive Sold | $565,000 | 3 | 1 | 1,084 | $521 | 0.2 mi |
D 2064 Myrtle Sold | $600,000 | 2 | 1 | 1,112 | $540 | 0.3 mi |
E 1154 E 20th Sold | $650,000 | 2 | 1 | 1,048 | $620 | 0.5 mi |
F 910 E 19th Street Active | $754,000 List Price | 4 | 3 | 1,492 | $505 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, the property is over 60 years old and shows signs of being dated despite being well-maintained. While it features new individual AC units in each room, the interior finishes, older window styles, and wall-mounted cooling units suggest the home has not had a comprehensive modern renovation in the last 15-20 years. The listing's mention of adding a 'personal touch' further indicates a need for cosmetic and functional updates.
The home features a flexible layout with 4 bedrooms and a permitted office/study room, providing ample space for remote work or a large household.
Equipped with new individual AC units in each room, the property offers energy-efficient and personalized temperature management for all occupants.
The generous 6,460-square-foot lot provides significant outdoor space for entertaining, gardening, or potential future expansions in a quiet neighborhood.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Showings are only coordinated after an offer is accepted, which may limit initial buyer interest and complicate the traditional viewing process.
The property is currently tenant-occupied and requires a seller leaseback, which could delay move-in dates and impact financing for owner-occupants.
Welcome to this well-maintained contemporary home in a quiet Long Beach neighborhood. Offering 4 bedrooms (a biggest one was split into 2), 2 bathrooms, and permitted office / study room! It's approximately 1,585 square feet of living space on a huge 6,460-square-foot lot, this home provides a comfortable floor plan with new individual AC unit in each room, a two-car garage, and ample outdoor space. Conveniently located near shopping, dining, parks, schools, and major transportation routes, this property offers an excellent opportunity for both homeowners and investors to add their personal touch and create lasting value. Tenant occupied. The seller may lease back a few months to relocate after close of escrow. Showing will be coordinated when offer accepted. Do not bother. Buyer to have own inspection and verify all the property information.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,585 | 1,556.5 |
| Lot Size | 6,460 | 5,910 |
| Price | $800.0K | $1.02M |
| Price per sq ft | $505 | $721 |
| Built year | 1961 | 1949 |
| HOA | $0 | $240 |
| Days on market | 15 | 46 |
Jul 7, 2026
$800,000
Initial Listing
Jun 5, 2012
$325,000
Public Record
Mar 29, 2012
$223,000
Public Record
Feb 28, 2003
$257,000
Public Record