
Long Beach, California 90806
This 1928 residence represents a High-Potential Investment Opportunity, listed at $799,999—positioned well above the $693,883 Fair Market Value by 15%. While the property requires a full gut rehabilitation due to its Condition Rating of 5, the generous 6,131 sqft lot in the established Wrigley area provides significant upside for forced appreciation. Proximity to the Metro A Line and top-rated schools like Lafayette Elementary adds long-term value. This asset is an ideal acquisition for Fix-and-Flip Investors or Contractors capable of executing a comprehensive renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2559 Golden Subject | $799,999* List Price | 2 | 1 | 1,086 | $639 | - |
A 2676 Golden Sold | $745,000 | 3 | 1 | 1,005 | $741 | 0.1 mi |
B 3159 Daisy Ave Sold | $730,000 | 2 | 1 | 950 | $768 | 0.8 mi |
C 3184 Daisy Avenue Sold | $850,000 | 3 | 2 | 1,420 | $599 | 0.8 mi |
D 2246 Locust Active | $599,900 List Price | 2 | 1 | 1,066 | $563 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1928 (98 years old) with no mentioned renovations, this property is described as requiring substantial repairs and remodeling. The 'as-is' sale status and lack of interior access strongly indicate significant distress and the need for a full gut rehabilitation.
Located on a generous 6,131 sqft lot in the established Wrigley area, this 1928 classic presents a prime opportunity for investors to build equity through a complete restoration and modernization.
The property offers exceptional connectivity, situated within close proximity to the Metro A Line, major commuter routes, and local amenities like Veterans Park and neighborhood shopping.
The residence is served by several well-rated schools, including Lafayette Elementary (Rating 8) and Hughes Middle School (Rating 7), making it an attractive long-term option for families.
The home requires substantial repairs and is being sold in as-is condition with no interior access allowed, significantly increasing the risk and complexity for potential buyers.
The property is currently occupied and restricted to drive-by viewings only, which prevents a thorough physical inspection and may lead to complications regarding possession after closing.
Attention investors, contractors, and buyers with vision! Located in Long Beach’s established Wrigley area, 2559 Golden Avenue presents an opportunity to restore and reimagine a classic 1928 residence. The property offers approximately 1,086 square feet of living space with two bedrooms and one bathroom. This home requires substantial repairs, renovation, and remodeling, making it an ideal project for an experienced investor or buyer seeking to create value through improvements. Conveniently situated near neighborhood shopping, Veterans Park, public transportation, the Metro A Line, and major commuter routes. The property is currently occupied and is being offered in its present, as-is condition. No interior access is available at this time. Drive-by only and do not disturb the occupants. Buyer and buyer’s agent are responsible for independently verifying the property’s square footage, bedroom and bathroom count, permits, condition, zoning, and all other information. A unique opportunity to acquire a Long Beach property with significant renovation potential.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,086 | 1,556.5 |
| Lot Size | 6,131 | 5,910 |
| Price | $800.0K | $1.02M |
| Price per sq ft | $737 | $721 |
| Built year | 1928 | 1949 |
| HOA | $0 | $240 |
| Days on market | 9 | 46 |
Jul 13, 2026
$799,999
Initial Listing
Apr 7, 2004
$420,000
Public Record
Dec 18, 2003
$290,000
Public Record