2440 Ostrom Avenue, Long Beach, California 90815, Long Beach, 90815 - 4 bed, 3 bath

2440 Ostrom Avenue, Long Beach, California 90815 home-pic-0
ACTIVE$1,499,000
2440 Ostrom Avenue, Long Beach, California 90815
4Beds
3Baths
1,970Sqft
5,230Lot

Price Vs. Estimate

The estimated value ($1,367,290.335) is $131,709.665 (8%) lower than the list price ($1,499,000). This property may be overpriced.

Key pros and cons

Top Pros:
Flexible Floor Plan: The home offers a versatile layout with two bedrooms and two bathrooms downstairs, two bedrooms and one bathroom upstairs, and laundry connections on both levels, ideal for multi-generational living or potential rental opportunities.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-05-12. The sold price is $960,000.00.

Compared to the nearby listings

Price:$1.50M vs avg $1.12M (+$376,000)86%
Size:1,970 sqft vs avg 1,534.5 sqft77%
Price/sqft:$761 vs avg $72161%

More Insights

Built in 1951 (74 years old).
Condition: Despite being built in 1951, the listing explicitly states 'a long list of stunning upgrades done with permits' and highlights a 'gorgeous kitchen.' The property analysis further confirms 'Extensive Modern Upgrades' and describes the home as 'move-in ready and aesthetically appealing.' While the provided image is a rendering and actual interior photos are missing, the strong descriptive language indicates a comprehensive and high-quality renovation that brings the property's condition to a virtually new standard, especially concerning the kitchen and overall aesthetic.
Year Built
1951
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$761
HOA
-
Days on market
-
Sold On
-
MLS number
PW25219032
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

This stunning home is a showstopper from the moment you are coming down the street. With two bedrooms downstairs, two bathrooms downstairs, two bedrooms upstairs, one bathroom upstairs and laundry connections on both levels of the home. Open concept, two sets of folding doors leading to the outside for indoor outdoor living, a living room with a fireplace, family room and gorgeous kitchen opening up to the spacious backyard, finished garage, vast driveway and a long list of stunning upgrades done with permits. This is the home that makes us take a step back and say wow. More pictures and details will be added. The image provided is a rendering.

Price History

Date
Event
Price
05/12/25
Sold
$960,000
Condition Rating
Excellent

Despite being built in 1951, the listing explicitly states 'a long list of stunning upgrades done with permits' and highlights a 'gorgeous kitchen.' The property analysis further confirms 'Extensive Modern Upgrades' and describes the home as 'move-in ready and aesthetically appealing.' While the provided image is a rendering and actual interior photos are missing, the strong descriptive language indicates a comprehensive and high-quality renovation that brings the property's condition to a virtually new standard, especially concerning the kitchen and overall aesthetic.
Pros & Cons

Pros

Flexible Floor Plan: The home offers a versatile layout with two bedrooms and two bathrooms downstairs, two bedrooms and one bathroom upstairs, and laundry connections on both levels, ideal for multi-generational living or potential rental opportunities.
Seamless Indoor-Outdoor Living: Two sets of folding doors create an expansive connection between the interior and the spacious backyard, perfect for entertaining and enjoying the California climate.
Extensive Modern Upgrades: Boasting a gorgeous kitchen, finished garage, and a 'long list of stunning upgrades done with permits,' the property presents as move-in ready and aesthetically appealing.
Ample Parking & Storage: A finished garage and a vast driveway provide significant parking capacity and additional storage space, a valuable asset in urban areas.
Spacious Backyard: The kitchen opens up to a spacious backyard, offering a great area for relaxation, recreation, or entertaining guests.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-05-12. The sold price is $960,000.00.
Limited Visual Information: The current listing relies on a rendering and states 'More pictures and details will be added,' which can deter potential buyers who prefer comprehensive visual and descriptive information upfront.
Older Construction: Despite extensive upgrades, the property's 1951 build year might raise concerns for some buyers regarding underlying infrastructure (e.g., plumbing, electrical, foundation) not explicitly mentioned as upgraded.
Potential Overpricing: The current list price of $1.499M is above the estimated value of $1.404M, suggesting it might be priced aggressively relative to current market estimations, potentially impacting buyer interest or negotiation room.

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