
Long Beach, California 90806
This property presents a High-Potential Investment Opportunity with a List Price of $850,000—positioned well below the $876,430 Fair Market Value by 3%. This valuation gap offers $26,430 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home includes dual-pane windows and a modernized secondary bathroom. While cosmetic updates are required, the 1,846 sq. ft. layout and proximity to the Wrigley Greenbelt provide significant upside. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2925 San Francisco Subject | $850,000* List Price | 3 | 2 | 1,846 | $475 | - |
A 2720 San Francisco Sold | $840,000 | 3 | 2 | 1,750 | $480 | 0.3 mi |
B 720 W Columbia Street Sold | $925,000 | 3 | 2 | 1,829 | $506 | 0.2 mi |
C 3184 Daisy Avenue Sold | $850,000 | 3 | 2 | 1,420 | $599 | 0.4 mi |
D 2459 Maine Avenue Sold | $780,000 | 2 | 1 | 1,598 | $488 | 0.6 mi |
E 3266 Maine Avenue Sold | $877,500 | 4 | 2 | 1,470 | $597 | 0.5 mi |
F 3250 Chestnut Sold | $680,000 | 4 | 2 | 1,686 | $403 | 0.6 mi |
G 2280 San Francisco Avenue Sold | $665,000 | 2 | 2 | 1,301 | $511 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1946, the property has received some recent 'heavy lifting' updates including dual-pane windows, laminate flooring, and one renovated bathroom. However, the listing explicitly states it 'needs some work,' and photos show heavily soiled carpeting and dated finishes in other areas, requiring minor repairs and modernization to be move-in ready.
Situated in the highly desirable Wrigley neighborhood, the property is just one block from the 10-acre Wrigley Greenbelt trails, offering exceptional outdoor access and community appeal.
Key high-cost updates are already completed, including energy-efficient dual-pane windows, custom privacy shutters, and a fully modernized secondary bathroom, reducing immediate renovation needs.
With a generous 1,846 sq. ft. layout and a strategic price point, this property offers a rare opportunity for investors or families to build instant equity through customization.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6084, other record lot size in square feet = 6030.
The property is explicitly noted to need work, meaning buyers will need to budget for additional capital and time to address deferred maintenance and cosmetic updates.
While local elementary schools perform well, the assigned high school has a lower rating, which may be a consideration for families prioritizing long-term educational consistency.
Nestled in the heart of Long Beach’s charming and highly desirable Wrigley neighborhood, 2925 San Francisco Ave offers an extraordinary canvas for your family's next chapter or a high-return addition to your investment portfolio. This spacious 1,846 sq. ft. residence sits on an expansive 6,000+ sq. ft. lot, boasting solid structural bones and a prime location just one block from the 10-acre Wrigley Greenbelt trails. While the property does need some work, the sellers have strategically priced the home to reflect its current condition, allowing buyers a rare opportunity to step into instant equity and completely customize their dream space.The heavy lifting has already started with several premium updates completed just a few years ago, including stunning brick pavers adorning the driveway and porches, energy-efficient dual-pane windows paired with custom privacy shutters, and durable laminate wood flooring flowing seamlessly through the living, dining, and hallway areas. Plus, you can check one major project off your list, as the secondary bathroom has already been beautifully and modernly updated. Seamlessly blending incredible value-add potential with standout existing features, this home is a rare gem ready for its transformation.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,846 | 1,519.995 |
| Lot Size | 6,084 | 5,807.524 |
| Price | $850.0K | $1.03M |
| Price per sq ft | $460 | $728 |
| Built year | 1946 | 1948 |
| HOA | $0 | $259 |
| Days on market | 5 | 48 |
Sep 4, 2026
$850,000
Initial Listing
Mar 8, 2016
$535,000
Public Record
Feb 5, 2009
$365,000
Public Record
Feb 1, 2002
$249,000
Public Record