
Long Beach, California 90815
This Strong Value Opportunity is listed at $899,999—positioned well below the $999,484 Fair Market Value by 9%. This valuation gap offers $99,485 in Instant Equity for the buyer. Featuring a Condition Rating of 3 with modern kitchen renovations, the home sits on a large lot with significant ADU potential. Located in the top-tier Long Beach Unified district near Gant Elementary (10/10), this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2335 Carfax Avenue Subject | $899,999* List Price | 4 | 3 | 1,499 | $671 | - |
A 6110 E Walton Street Sold | $1,135,000 | 3 | 2 | 1,608 | $706 | 0.3 mi |
B 6151 E Wentworth Sold | $975,000 | 4 | 2 | 1,426 | $684 | 0.7 mi |
C 6544 E Willow Sold | $990,000 | 4 | 2 | 1,451 | $682 | 0.3 mi |
D 2726 Chatwin Sold | $1,075,000 | 3 | 2 | 1,450 | $741 | 0.9 mi |
E 2862 Albury Ave Sold | $985,000 | 3 | 2 | 1,436 | $686 | 0.7 mi |
F 2660 Gondar Avenue Sold | $1,100,000 | 3 | 2 | 1,730 | $636 | 0.4 mi |
G 2345 Palo Verde Sold | $1,133,000 | 5 | 2 | 1,740 | $651 | 0.1 mi |
H 2334 Iroquois Avenue Sold | $940,000 | 2 | 2 | 1,234 | $762 | 0.2 mi |
I 2361 Marber Active Under Contract | $949,900 List Price | 3 | 2 | 1,382 | $687 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1953, the home has undergone significant modern renovations. The kitchen features contemporary shaker cabinets, subway tile backsplash, farmhouse sink, and stainless steel appliances. Updated flooring, recessed lighting, and clean interior finishes suggest a renovation within the 5-15 year range, making the property move-in ready.
Elementary School: Gant Elementary School (10/10). Middle School: Tincher Preparatory School (9/10).
The detached garage and bonus room offer significant potential for an Accessory Dwelling Unit (ADU) or guest quarters, providing added value on a generous 6,382 sq. ft. lot.
The property is situated in a highly desirable area with access to top-performing schools, including Prisk Elementary (9/10) and Gant Elementary (10/10).
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property is a short sale subject to lender approval, which typically involves a more complex and lengthy closing process compared to standard transactions.
Sold in 'as-is' condition with no guarantees on square footage or permits, the buyer should anticipate potential costs for repairs, verification, and modernization.
**SHORT SALE – BRING ALL OFFERS!** Opportunity awaits at this updated 4-bedroom, 3-bathroom home situated on a spacious 6,382 sq. ft. lot in North Long Beach. The functional floor plan offers generous living space, abundant natural light, and three full bathrooms to accommodate a variety of living arrangements. The detached garage and bonus room provide excellent potential for an ADU (buyer to verify), guest quarters, home office, gym, or additional living space. Large lot offers room to expand and create additional value. Conveniently located near schools, parks, shopping, dining, and major transportation routes. Property is being sold as a short sale, subject to lender approval. Bring all offers—this is an excellent opportunity for owner-occupants and investors alike. Buyer to verify all information and development possibilities to their satisfaction. Listing Broker, Sellers and Agent do not guarantee the accuracy of square footage, bed/bath count, lot size, permit info, parking, descriptions herein or other info as to the conditions/features of property provided by the seller or obtained from public records/other sources. Information is deemed reliable, but not guaranteed. Buyer is advised to independently verify the accuracy of all info through personal inspection and with appropriate professionals. Property to be sold "as is." Buyers to verify ALL aspects of property.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,499 | 1,556.5 |
| Lot Size | 6,382 | 5,910 |
| Price | $900.0K | $1.02M |
| Price per sq ft | $600 | $721 |
| Built year | 1953 | 1949 |
| HOA | $0 | $240 |
| Days on market | 37 | 46 |
Jun 15, 2026
$899,999
Initial Listing
Sep 10, 1998
$195,000
Public Record