270 E Heath Lane, Long Beach, California 90805, Long Beach, 90805 - 2 bed, 2 bath
270 E Heath Lane
Long Beach, California 90805
Property Price
SUMMARY
Analysis of 270 E Heath Lane, Long Beach, California 90805 reveals a property with a current list price of $675,000, which is 5% above the estimated $636,067 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 |
|---|---|---|---|---|---|---|
★ 270 E Heath Lane Subject | $675,000* List Price | 2 | 2 | 925 | $688 | - |
A 310 E Forhan St Sold | $675,000 | 2 | 2 | 1,039 | $650 | 0.4 mi |
B 116 E Harcourt Sold | $715,000 | 3 | 2 | 1,028 | $696 | 0.6 mi |
C 239 E 69th Street Sold | $670,000 | 2 | 1 | 1,042 | $643 | 0.2 mi |
D 229 E Scott Street Sold | $795,000 | 3 | 2 | 999 | $796 | 0.5 mi |
E 115 E 69th Street Active | $679,000 List Price | 2 | 2 | 954 | $712 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1939, this home is aged but appears to have been maintained with occasional updates rather than a comprehensive renovation. The kitchen features newer stainless steel appliances but is paired with dated cabinets, countertops, and flooring. The bathroom has some updated shower tiling but an older vanity and flooring. Throughout the home, flooring (including worn carpet and dated dark tile/linoleum) and fixtures show signs of age and wear, indicating a need for minor updates and modernization to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Significant ADU Potential
The property boasts a very large backyard (4723 sqft) with explicit mention of room for an additional dwelling unit, offering substantial value-add and potential for rental income or expanded living space.
- Versatile Bonus Room
A dedicated bonus room with a half bath provides flexible space that can be utilized as a home office, guest quarters, or an additional living area, enhancing the home's functionality.
- Competitive Market Value
The listing price of $675,000 is slightly below the estimated market value of $681,099.92, indicating a potentially attractive investment opportunity at a reasonable price point.
CONSRISKS & DEFICIENCIES
- Age and Potential for System Updates
Built in 1939, the property likely features original or older systems (electrical, plumbing, HVAC) that may require significant investment for modernization, efficiency, and compliance with current standards.
- Compact Interior Footprint
With only 925 sqft of interior living space for a 2-bedroom home, the property is relatively small, which could be a limiting factor for buyers seeking more spacious accommodations or larger families.
- Absence of Scenic Views
The property explicitly states 'view: None,' indicating a lack of desirable scenic outlooks that could otherwise enhance its market appeal and overall value.
About 270 E Heath Lane
This home has two bedrooms, one and one half baths. The main house has two bedrooms, one bath, a huge living room with wood burning fireplace, dining room and a large kitchen, as well as a laundry room. There is a bonus room in the back part of the house with a half bath. The back yard is very big and has room for an additional unit or to park multiple vehicles. The property faces Heath Lane, but extends all the way back to 67th Way. This home is completely fenced. Great property at a reasonable price.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1939
- Lot Size
- 4,723 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 46% |
| Baths | 2.0 | 1.0 | 53% |
| Square foot | 925 | 1,118.5 | 25% |
| Lot Size | 4,723 | 5,394.5 | 22% |
| Price | $675.0K | $720.0K | 34% |
| Price per sq ft | $730 | $650 | 71% |
| Built year | 1939 | 1943 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 148 | 164 | 42% |
Pricing History
Listed for Sale
Oct 9, 2025
$675,000
Initial Listing
Sold
Jan 13, 2005
$320,000
Public Record
Sold
Dec 18, 2002
$190,000
Public Record