
Long Beach, California 90815
This property presents a High-Potential Investment Opportunity with a List Price of $875,000—positioned well above the $812,748 Fair Market Value by -7%. While requiring significant renovation, the home features a versatile floor plan and a prime location across from Emerson Elementary. With a Condition Rating of 5, this asset requires a full rehab to unlock its value. The property is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a project in a highly desirable Long Beach neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2608 Josie Avenue Subject | $875,000* List Price | 2 | 1 | 1,069 | $760 | - |
A 2829 Iroquois Sold | $835,000 | 2 | 1 | 1,010 | $827 | 0.3 mi |
B 2735 Ostrom Avenue Sold | $750,000 | 2 | 1 | 1,069 | $702 | 0.3 mi |
C 2703 Knoxville Sold | $925,000 | 3 | 2 | 1,274 | $726 | 0.1 mi |
D 6448 E Los Arcos Sold | $950,000 | 3 | 2 | 1,323 | $718 | 0.3 mi |
E 2001 Carfax Sold | $925,000 | 3 | 1 | 1,040 | $889 | 0.8 mi |
F 2154 N Studebaker Road Sold | $975,000 | 3 | 2 | 1,165 | $837 | 0.7 mi |
G 2334 Iroquois Avenue Sold | $940,000 | 2 | 2 | 1,234 | $762 | 0.4 mi |
H 6544 E Willow Sold | $990,000 | 4 | 2 | 1,451 | $682 | 0.1 mi |
I 6812 E La Marimba Active Under Contract | $980,000 List Price | 3 | 2 | 1,218 | $805 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1951 (73 years old) with no evidence of recent renovations to major systems, kitchen, or baths. The listing explicitly describes the property as needing 'TLC' and a 'paintbrush and hammer,' identifying it as an investor project. While the interior appears tidy, the age and description suggest original or severely dated infrastructure requiring a full rehab.
Situated in the highly desirable Plaza neighborhood of East Long Beach, this property offers excellent proximity to major freeways and is located in one of the city's most sought-after residential areas.
The home is ideally positioned directly across from the award-winning Emerson Elementary School and within walking distance of Millikan High School, making it highly attractive for families.
Featuring two bedrooms plus a flexible office space that can serve as a third bedroom, the layout provides significant functional potential for growing families or remote work needs.
The property is explicitly noted as needing repairs and cosmetic updates, requiring the buyer to invest additional capital and effort into renovations to reach its full potential.
With only one bathroom serving a potential three-bedroom home, the property may face functional challenges for larger households compared to modernized homes in the area.
Located in the heart of the highly desirable Plaza neighborhood in East Long Beach, this home is bursting with potential. Featuring 2 bedrooms plus a versatile office that could easily be used as a third bedroom, the home offers a spacious living room with a cozy fireplace, a separate dining area, and large picture windows overlooking the backyard and its mature fruit trees. Conveniently located just minutes from the 605 and 405 freeways, this property is directly across the street from award-winning Emerson Elementary School and within walking distance of Millikan High School. The backyard provides plenty of space to create your ideal outdoor retreat while enjoying the established fruit trees already in place. Bring your paintbrush and hammer, this home needs TLC but is full of opportunity. Whether you're an investor looking for your next project or a buyer hoping to get into one of Long Beach's most sought-after neighborhoods at an affordable price, this is an incredible opportunity you won't want to miss.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,069 | 1,556.5 |
| Lot Size | 5,377 | 5,910 |
| Price | $875.0K | $1.02M |
| Price per sq ft | $819 | $721 |
| Built year | 1951 | 1949 |
| HOA | $0 | $240 |
| Days on market | 6 | 46 |
Jul 16, 2026
$875,000
Initial Listing
Jul 24, 2001
$180,000
Public Record