2725 Adriatic Avenue, Long Beach, California 90810, Long Beach, 90810 - 2 bed, 1 bath
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Long Beach, California 90810
This High-Potential Investment Opportunity is listed at $600,000, positioned well below the $628,651 Fair Market Value by 4%. This valuation gap provides $28,651 in Instant Equity. With a Condition Rating of 4, the property requires cosmetic modernization, yet the oversized 6,081 sqft lot and alley access offer significant ADU development potential. Located in the Long Beach Unified district, this asset is ideal for Buy-and-Hold Investors or first-time buyers seeking to build long-term wealth through value-add renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2725 Adriatic Avenue Subject | $600,000* List Price | 2 | 1 | 872 | $721 | - |
A 2951 Baltic Avenue Sold | $740,000 | 2 | 1 | 932 | $794 | 0.3 mi |
B 2506 Webster Sold | $630,000 | 2 | 1 | 752 | $838 | 0.4 mi |
C 2767 Gale Sold | $765,000 | 2 | 1 | 892 | $858 | 0.4 mi |
D 2452 Adriatic Sold | $650,000 | 2 | 1 | 767 | $847 | 0.3 mi |
E 3118 Easy Avenue Sold | $510,000 | 3 | 1 | 950 | $537 | 0.6 mi |
F 2470 Webster Sold | $500,000 | 1 | 2 | 888 | $563 | 0.4 mi |
G 3432 Gale Sold | $660,000 | 3 | 1 | 1,125 | $587 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is an 80+ year old home with a kitchen and bathroom that appear to have been renovated 20-30 years ago, featuring dated oak cabinetry and tile countertops. While functional and move-in ready, the interior is aesthetically outdated and will require minor repairs and modernization to meet current market standards.
The oversized 6,081 sqft lot combined with rear alley access provides significant opportunities for expansion or the addition of an Accessory Dwelling Unit (ADU).
The property features charming 1940s architectural details that offer a unique aesthetic appeal often sought after by buyers looking for historical character.
Positioned as an ideal opportunity for both first-time homeowners and seasoned investors, the property offers a versatile entry point into the Long Beach market.
At only 872 square feet, the living area is relatively small, which may limit its appeal to larger families or those requiring more functional indoor space.
Given the 1941 construction date, the home likely requires modernization of major systems and cosmetic upgrades to meet current buyer expectations.
This charming 2-bedroom, 1-bathroom home offers an excellent opportunity for a Buyer looking to make it their own or an Investor seeking a property with great potential. Inside, you’ll find an open-concept living, dining, and kitchen area featuring light oak cabinetry, tile and laminate flooring, and a center island. Both bedrooms are generously sized and filled with natural light, creating a warm and inviting atmosphere. Situated on a spacious 6,081-square-foot lot, the property boasts a large backyard with endless potential for entertaining, gardening, or future expansion. A detached 2-car garage with interior laundry and convenient alley access adds to the home’s functionality. The backyard is enhanced by mature fruit trees, including avocado, lemon, papaya, and tangerine, providing shade and seasonal harvests. This property is full of potential and ready for its next chapter.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
Grades K-5 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 872 | 1,556.5 |
| Lot Size | 6,081 | 5,910 |
| Price | $600.0K | $1.02M |
| Price per sq ft | $688 | $721 |
| Built year | 1941 | 1949 |
| HOA | $0 | $240 |
| Days on market | 2 | 46 |
Jul 20, 2026
$600,000
Initial Listing
Jan 7, 2003
$205,000
Public Record
Feb 2, 2001
$140,000
Public Record