
Long Beach, California 90815
This Versatile Residential Property represents a High-Potential Investment Opportunity with a List Price of $900,000—positioned well below the $925,573 Fair Market Value by 2%. This valuation gap provides $25,573 in Instant Equity. While maintaining a Condition Rating of 4, the home features original hardwood floors and a unique detached bonus room ideal for a studio or ADU. Located in the Long Beach Unified School District on an expansive 6,573 sqft lot, it offers significant upside for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2334 Iroquois Avenue Subject | $900,000* List Price | 2 | 2 | 1,234 | $740 | - |
A 2703 Knoxville Sold | $925,000 | 3 | 2 | 1,274 | $726 | 0.5 mi |
B 6448 E Los Arcos Sold | $950,000 | 3 | 2 | 1,323 | $718 | 0.1 mi |
C 2213 Knoxville Avenue Sold | $919,000 | 2 | 1 | 1,137 | $808 | 0.2 mi |
D 2735 Ostrom Avenue Sold | $750,000 | 2 | 1 | 1,069 | $702 | 0.6 mi |
E 6426 E Belice Street Sold | $925,000 | 2 | 2 | 1,465 | $631 | 0.1 mi |
F 2154 N Studebaker Road Active Under Contract | $975,000 List Price | 3 | 2 | 1,165 | $837 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, this home is well-maintained but shows significant signs of age in key areas. While the original hardwood floors are in good condition and some flooring has been updated to LVP, the kitchen features dated oak cabinetry and older countertops. The bathrooms are also outdated with older vanities and fixtures. The presence of wood paneling, jalousie windows, and older carpeting in the bonus rooms further confirms the need for modernization to meet current market standards.
The property features a unique detached rumpus room and an attached sunroom with a guest bath, providing exceptional flexibility for a home office, creative studio, or guest quarters.
Situated on a generous 6,573 sqft lot, the backyard is an entertainer’s dream with multiple patio areas and significant potential for landscaping or ADU development.
Original hardwood floors, a striking brick fireplace, and classic French doors offer timeless character and abundant natural light throughout the main living areas.
With only two primary bedrooms, the home may have limited appeal for larger families or buyers specifically seeking a traditional three-bedroom layout.
While full of character, the 1952 construction and 'incredible potential' suggest that buyers may need to invest in contemporary updates to the kitchen or systems to meet modern standards.
What truly makes this 90815 home unforgettable? A unique detached bonus room AND attached sunroom you won’t find just anywhere. Original hardwood floors flow throughout the main areas, adding warmth and character, while the open living room features a striking brick fireplace—perfect for cozy evenings. The dining area opens seamlessly to the rest of the home, creating an ideal layout for both everyday living and entertaining. A large picture window and classic French doors flood the space with natural light and provide direct access to the expansive backyard. Inside, you’ll also find the convenience of a dedicated indoor laundry room, along with a versatile bonus sunroom complete with a guest bathroom—perfect for a home office, playroom, or additional lounge space. The home offers two generously sized bedrooms and a spacious full bathroom. Outside is a truly impressive backyard—an entertainer’s dream with multiple patio areas and endless possibilities. A unique detached bonus structure (rumpus room) adds even more flexibility, ideal for a studio, workshop, or creative retreat. This property offers space, character, and incredible potential in one of Long Beach’s most desirable areas.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 11% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,234 | 1,540 | 19% |
| Lot Size | 6,573 | 6,259 | 63% |
| Price | $900.0K | $1.13M | 15% |
| Price per sq ft | $729 | $747 | 48% |
| Built year | 1952 | 1952 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 159 | 2% |
Mar 19, 2026
$900,000
Initial Listing