
Long Beach, California 90803
This Turnkey Single-Family Residence represents a High-Potential Investment Opportunity, listed at $1,699,000—positioned well below the $1,745,179 Fair Market Value by 2%. This valuation gap offers $46,179 in Instant Equity. Featuring an upgraded chef’s kitchen, hardwood floors, and a versatile ADU-ready garage, the home maintains a Condition Rating of 3. Located in the prestigious Belmont Heights near top-rated Lowell Elementary, this property balances lifestyle luxury with financial upside. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 239 Mira Mar Avenue Subject | $1,699,000* List Price | 3 | 2 | 1,851 | $943 | - |
A 202 Mira Mar Sold | $1,600,000 | 4 | 4 | 2,030 | $788 | 0.2 mi |
B 200 Termino Avenue Sold | $1,750,000 | 4 | 2 | 1,909 | $917 | 0.5 mi |
C 266 Park Avenue Sold | $1,999,000 | 4 | 2 | 2,156 | $927 | 0.6 mi |
D 254 Bennett Ave Active | $1,650,000 List Price | 3 | 2 | 1,628 | $1,014 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1920, the property has undergone significant renovations including an upgraded chef's kitchen and a modern primary bathroom with contemporary subway tile and fixtures. The home is move-in ready with well-maintained hardwood floors and updated living spaces, placing it in the 5-15 year renovation window for most major systems and finishes.
Elementary School: Lowell Elementary School (9/10).
Situated in the highly sought-after Belmont Heights neighborhood, the property is within walking distance of top-rated schools like Lowell and Fremont Elementary, ensuring strong long-term desirability.
The alley-access garage includes a bathroom and storage room, offering a turnkey opportunity to create a home office, guest suite, or gym without encroaching on the main living space.
The property lacks any significant views of the ocean or city lights, which is a common expectation for high-end residential listings in the Long Beach coastal area.
Given the home's 1920 construction date, buyers should anticipate potential maintenance requirements associated with aging electrical, plumbing, or foundation systems typical of historic properties.
Charming 1920s single-level home situated in the highly sought-after Belmont Heights neighborhood. This inviting residence features extensive hardwood floors, three bedrooms, and a spacious upgraded chef’s kitchen, all on 1 level. Upon arriving at the home you are greeted by a welcoming front porch—perfect for relaxing and enjoying the neighborhood. The home has had an addition which offers a back family room adjacent to the large kitchen, a large primary bedroom and upgraded primary bathroom. Set on a generous 6,500-square-foot lot, the property offers plenty of space and possibilities. The alley-access garage includes a bathroom and a separate storage room, offering excellent potential for a home office, guest room, gym, studio, or other flexible living space. A wonderful opportunity to enjoy classic character, modern updates, and a prime Belmont Heights location.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,851 | 1,556.5 |
| Lot Size | 6,518 | 5,910 |
| Price | $1.70M | $1.02M |
| Price per sq ft | $918 | $721 |
| Built year | 1920 | 1949 |
| HOA | $0 | $240 |
| Days on market | 6 | 46 |
Jul 16, 2026
$1,699,000
Initial Listing