318 E Plenty, Long Beach, California 90805, Long Beach, 90805 - 2 bed, 1 bath
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318 E Plenty
Long Beach, California 90805
ACTIVE
CONDITION: FAIR
2Beds
1Baths
792Sq Ft
3,375Lot Size
Property Price
LIST PRICE$720,000
EST. MARKET VALUE
$629,464
14% AboveMARKET VALUE
SUMMARY
This Detached Single-Family Residence is a High-Potential Investment Opportunity, listed at $720,000—positioned well above the $629,465 Fair Market Value by 14%. While the property requires modernization, its Condition Rating of 4 indicates a functional, well-maintained structure. Located in the Long Beach Unified School District, this asset offers a manageable lot size and the privacy of a standalone home. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project in an established residential community.
Estimated Market Value
$629,464
Based on Realkey algorithm analyzing recent comparable sales in Long Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 318 E Plenty Subject | $720,000* List Price | 2 | 1 | 792 | $795 | - |
A 80 St W Arbor Sold | $637,777 | 2 | 1 | 874 | $730 | 0.4 mi |
B 27 W Pleasant Sold | $625,000 | 2 | 2 | 854 | $732 | 0.3 mi |
C 471 E Platt Street Sold | $650,000 | 2 | 1 | 958 | $678 | 0.3 mi |
D 243 E Norton Street Sold | $515,000 | 1 | 1 | 540 | $954 | 0.8 mi |
E 345 E 53rd Active | $589,900 List Price | 2 | 1 | 680 | $868 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1948, the property is well-maintained but shows significant dating. Interior finishes like the stone accent walls and dark tile flooring suggest renovations are likely 20+ years old. While functional and move-in ready, the home requires cosmetic updates and likely modernization of electrical or HVAC systems to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Detached Single-Family Residence
As a standalone home rather than a condo or townhouse, this property offers superior privacy, no shared walls, and full autonomy over the lot and exterior improvements.
- Established Residential Location
Located in the North Long Beach community within the Long Beach Unified School District, the property offers a stable residential environment with convenient access to local amenities.
- Manageable Lot Size
The 3,375 square foot lot provides sufficient outdoor space for pets or small gatherings while remaining low-maintenance for busy professionals or first-time homeowners.
CONSRISKS & DEFICIENCIES
- Limited Interior Square Footage
At only 792 square feet for a two-bedroom layout, the living spaces may feel constrained, potentially limiting the property's appeal to larger families or those needing a home office.
- High Price Per Square Foot
The list price of $720,000 reflects a premium price-per-square-foot for the North Long Beach area, which may present challenges during the appraisal process or for value-driven buyers.
About 318 E Plenty
Charming Cozy Home in Long Beach Near Bixby Knolls!! Welcome to this charming and cozy home ideally located in the heart of Long Beach, near the desirable Bixby Knolls area. This inviting property offers 2 bedrooms, plus a versatile bonus room that can easily be used as a third bedroom, guest room, home office, or flex space. The home also features 1 full bathroom and a convenient half bath located within the bonus room. Recent improvements add comfort and value, including newer windows, a newer roof, newer exterior paint, and an upgraded electrical system. If you enjoy outdoor living and gardening, you'll appreciate the beautiful backyard garden area, offering an ideal space to relax, entertain, or cultivate your favorite plants and flowers. Conveniently located near shopping, restaurants, schools, colleges, Downtown Long Beach, and major transportation routes. Enjoy easy access to both Long Beach Airport and Los Angeles International Airport (LAX). A wonderful opportunity for a buyer looking for a comfortable home in a convenient Long Beach location with flexible living space and a welcoming outdoor environment.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 3,375 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 792 | 1,519.995 |
| Lot Size | 3,375 | 5,807.524 |
| Price | $720.0K | $1.03M |
| Price per sq ft | $909 | $728 |
| Built year | 1948 | 1948 |
| HOA | $0 | $259 |
| Days on market | 13 | 48 |
Pricing History
Listed for Sale
Aug 27, 2026
$720,000
Initial Listing
Sold
Nov 4, 1997
$118,000
Public Record