2409 Pepperwood, Long Beach, California 90815, Long Beach, 90815 - 4 bed, 2 bath
2409 Pepperwood
Long Beach, California 90815
Property Price
SUMMARY
Analysis of 2409 Pepperwood, Long Beach, California 90815 reveals a Prime Investment Opportunity with a current list price of $999,999—significantly undercutting the $1,045,417 Fair Market Value by 4%. This valuation gap indicates a +$45,418 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2409 Pepperwood Subject | $999,999* List Price | 4 | 2 | 1,721 | $607 | - |
A 5300 E 28th Sold | $965,000 | 3 | 2 | 1,539 | $627 | 0.8 mi |
B 4821 E Los Coyotes Diagonal Sold | $980,000 | 3 | 2 | 1,419 | $691 | 0.6 mi |
C 2151 Euclid Avenue Sold | $950,000 | 4 | 1 | 1,272 | $747 | 0.5 mi |
D 3950 E De Ora Active | $1,199,900 List Price | 4 | 2 | 1,749 | $686 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1948, this property appears to be well-maintained and move-in ready. The inclusion of a private primary master suite with an en-suite bathroom and a 'well-appointed' kitchen suggests significant updates have been made to the original structure. The exterior image shows updated windows, a clean roofline, and manicured landscaping, indicating pride of ownership and minimal deferred maintenance. While the infrastructure is vintage, the home's functional 4-bedroom layout and overall presentation align with a 'good' condition rating.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Top-Rated Schools
Situated in the highly desirable Artcraft Manor neighborhood, the property is zoned for excellent schools, including Bixby Elementary (Rating 8), which significantly bolsters long-term value and family appeal.
- Functional 4-Bedroom Layout
Rare for a 1940s build, this 1,721 sqft home features four bedrooms and a private primary master suite with an en-suite bathroom, providing a modern floor plan that accommodates larger families.
- Generous Lot Size
The 6,509 sqft lot offers a spacious backyard for outdoor entertaining and gardening, a premium feature in the Long Beach market compared to newer, high-density developments.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
- Vintage Infrastructure
Built in 1948, the property may require updates to core systems such as plumbing, electrical, or HVAC to meet modern efficiency standards and buyer expectations.
- Premium Pricing
At a list price of $999,999, the property sits at a high price point for the area, which may lead to increased market time if buyers perceive a need for additional cosmetic or structural modernization.
About 2409 Pepperwood
Welcome to this beautiful home located in one of Long Beach’s most desirable neighborhoods. This inviting residence offers a spacious and functional floor plan designed for comfortable living and effortless entertaining. This home features generously sized bedrooms, including a private primary master suite complete with its own en-suite bathroom, creating the perfect retreat at the end of the day. The light-filled living areas provide a warm and welcoming atmosphere, with seamless flow into the dining and kitchen spaces. Enjoy a well-appointed kitchen with ample cabinetry and counter space, ideal for everyday living and hosting gatherings. The backyard offers plenty of room for outdoor entertaining, gardening, or simply relaxing. Conveniently located near shopping, dining, parks, and top-rated schools, this home combines comfort, location, and lifestyle. A wonderful opportunity to own in the heart of Long Beach!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 6,509 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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
Bixby Elementary School
Grades K-5 • 0.7 mi
Stanford Middle School
Grades 6-8 • 1.4 mi
Wilson High School
Grades 9-12 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,721 | 1,539 | 63% |
| Lot Size | 6,509 | 6,215 | 60% |
| Price | $1000.0K | $1.14M | 34% |
| Price per sq ft | $581 | $742 | 8% |
| Built year | 1948 | 1953 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 163 | 2% |
Pricing History
Listed for Sale
Mar 4, 2026
$999,999
Initial Listing
Sold
Sep 16, 2005
$704,000
Public Record
Sold
Apr 27, 2005
$465,000
Public Record