
Long Beach, California 90806
This Newly Reconstructed Single-Family Residence represents a High-Potential Investment Opportunity, listed at $1,155,000. While currently positioned slightly above the $1,088,209 Fair Market Value, the property offers significant upside through its 80% 2025 Reconstruction and Permitted ADU Potential. With a Mint Condition Rating, this asset features a modern open floor plan and a massive lot, making it a prime candidate for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield, multi-generational living solution in the desirable Wrigley neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2420 Maine Subject | $1,155,000* List Price | 4 | 2 | 1,612 | $675 | - |
A 2824 Chestnut Avenue Sold | $1,155,000 | 3 | 2 | 1,642 | $703 | 0.6 mi |
B 2240 Eucalyptus Sold | $863,000 | 3 | 2 | 1,170 | $738 | 0.3 mi |
C 3005 Cedar Sold | $900,000 | 3 | 2 | 1,333 | $675 | 0.8 mi |
D 2451 Daisy Sold | $890,000 | 2 | 1 | 1,364 | $652 | 0.0 mi |
E 720 W Columbia Street Sold | $925,000 | 3 | 2 | 1,829 | $506 | 0.5 mi |
F 2310 Magnolia Avenue Active Under Contract | $895,000 List Price | 2 | 2 | 1,461 | $613 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The home underwent an 80% reconstruction in 2025, including a new roof, central HVAC, and a complete interior remodel with a modern kitchen and new flooring, placing it in mint condition with no maintenance required.
Approximately 80% of the home was reconstructed in 2025, featuring a new Spanish tile roof, new HVAC, and modern electrical/plumbing, offering the benefits of a nearly new construction.
The property sits on a large lot with existing permits for two ADUs (up to 1,100 sqft), providing an exceptional opportunity for multi-generational living or high-yield rental income.
The interior features a contemporary open floor plan anchored by a large marble kitchen island and recessed lighting, creating a bright and inviting space for entertaining.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1612, other record living area = 1276. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
The assigned high school, Cabrillo High, has a low rating of 3/10, which may be a concern for families prioritizing top-tier public secondary education.
Following its massive renovation, the property is listed at a significant premium compared to its 2023 sale price, placing it at the top of the local Wrigley market price bracket.
Welcome to this beautiful home located in the highly desirable area of Wrigley. 4 BED + 2 BATH + 2 CAR GARAGE + NEWLY REMODELED HOME + OPEN FLOOR PLAN + LARGE KITCHEN ISLAND W/ BARSTOOL SEATING + HUGE ENTERTAINING BACKYARD + 2 LOTS + PERFECT TO ADD 2 ADU’S! 80% OF HOME JUST RE-CONSTRUCTED IN 2025 + NEW ROOF! This well-maintained home features 4 bedrooms, 2 baths with a lot size of 6,217 sqft. This home features; new addition living area more than 80% with kitchen and living room, laundry room, 2 large 2 bedrooms from original structure in 2025, lots of natural light throughout the house, beautiful floors, formal living room with open space with marble island countertop, formal dining room. The kitchen is open and inviting with a cozy breakfast eating area, newer kitchen cabinets, appliances, crown molding, central heating and air conditioning, automatic window blinds, New Spanish roof tile, recessed lighting, 2-car detached garage, long driveway, private backyard ideal for relaxing, and entertaining. The private, huge backyard is a true gold featuring a new divide-2 lot and a possible 2 ADU’s (1,100 sqft. which is permitted #BADD314053) with the detached house. Currently doing shot term rental business (Air BnB, hotel .com ETC.) This home is a rare find, conveniently located near beautiful strolls in the Wrigley neighborhood, downtown Pine, The Promenade District, Beach, boardwalk, restaurants, museums, grocery stores, shopping, freeways & entertainment, farmers markets, Grand Prix, The Pike, Nike, H & M outlets, marina, Queen Mary, jet skis, boat rentals, paddle boarding, Pine Ave, Belmont Shores!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.7 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 | 1,612 | 1,519.995 |
| Lot Size | 6,207 | 5,807.524 |
| Price | $1.16M | $1.03M |
| Price per sq ft | $717 | $728 |
| Built year | 1940 | 1948 |
| HOA | $0 | $259 |
| Days on market | 25 | 48 |
Aug 15, 2026
$1,155,000
Initial Listing
Apr 15, 2025
$1,165,000
Public Record
Sep 26, 2023
$620,000
Public Record
Jan 3, 2022
$597,500
Public Record