
Long Beach, California 90808
This Multi-Generational Residential Asset presents a High-Potential Investment Opportunity, listed at $1,699,000—positioned well below the $1,650,018 Fair Market Value by -2%. Featuring a rare, spacious second-floor ADU and a Condition Rating of 4, the property offers significant value-add potential through cosmetic updates. Located within walking distance to the top-rated Newcomb Academy (9/10) and near Los Alamitos High (9/10), this home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile property with substantial square footage.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3190 Claremore Subject 5 bd · 4 ba · 3,166 sqft · $470 | $1,449,000* List Price | 5 | 4 | 3,166 | $470 | - |
A 3210 Val Verde Sold 4 bd · 3 ba · 2,515 sqft · $533 · 0.1 mi | $1,340,000 | 4 | 3 | 2,515 | $533 | 0.1 mi |
B 3240 Marna Sold 4 bd · 3 ba · 3,308 sqft · $537 · 0.2 mi | $1,775,000 | 4 | 3 | 3,308 | $537 | 0.2 mi |
C 3531 Julian Avenue Sold 5 bd · 4 ba · 2,320 sqft · $526 · 0.5 mi | $1,220,000 | 5 | 4 | 2,320 | $526 | 0.5 mi |
D 3180 Claremore Sold 3 bd · 2 ba · 2,159 sqft · $565 · 0.0 mi | $1,220,000 | 3 | 2 | 2,159 | $565 | 0.0 mi |
E 3106 Lama Avenue Active Under Contract 4 bd · 3 ba · 3,108 sqft · $515 · 0.2 mi | $1,600,000 List Price | 4 | 3 | 3,108 | $515 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1966 with partial renovations, including an updated kitchen with stainless steel appliances and newer flooring. However, the property requires cosmetic updates and minor repairs, as evidenced by unfinished drywall patches, missing light fixtures, and the listing description explicitly stating it needs paint and repairs.
Elementary School: Richard Henry Lee Elementary School (10/10). Middle School: Newcomb Academy (9/10). High School: Los Alamitos High School (9/10).
The property features a rare, spacious second-floor 1-bedroom apartment with a full kitchen and laundry, offering excellent potential for rental income or extended family living.
Located within walking distance to the highly-rated Newcomb Academy (9/10) and near Los Alamitos High, providing top-tier educational opportunities for families.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The residence requires paint and various repairs, necessitating additional capital investment from the buyer to bring the home to its full potential.
The listed 3,166 square footage has not yet been confirmed by an appraisal, which may create uncertainty regarding the final valuation and financing.
Priced to Sell in Eldorado Park Estates! Rare opportunity to own a spacious home on a desirable corner lot in Eldorado Park Estates, featuring a separate 1-bedroom apartment/ADU and plenty of room for a large family. The main home offers 3 bedrooms plus a den/office and 2.5 bathrooms, along with an added family room and workshop. The property also features an extra-large attic space providing abundant storage or potential for additional use. The full 1-bedroom ADU, located on the second floor, offers exceptional space and privacy. It includes a large kitchen and dining area, an extra-large bedroom with a walk-in closet, and numerous windows that fill the apartment with natural light. The bathroom features a tub/shower combination, dual sinks, and a dedicated laundry area with hookups for a full-size washer and dryer. Additional features include a 2-car attached garage, spacious living areas, and a layout with tremendous potential. This home needs some paint and repairs, and the price has been reduced to reflect the work needed, offering an excellent opportunity for buyers looking for value and the ability to make the home their own. Enjoy a friendly neighborhood with wonderful neighbors and convenient proximity to Newcomb Academy. Lowest price per square foot in the area! With its generous space, separate ADU, corner-lot location, and incredible potential, this is a property you must see to fully appreciate. Don’t miss this rare opportunity—schedule your showing today!
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades K-5 • 1.3 mi
Grades K-5 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,166 | 1,516.237 |
| Lot Size | 6,335 | 5,828.075 |
| Price | $1.45M | $1.04M |
| Price per sq ft | $458 | $730 |
| Built year | 1966 | 1949 |
| HOA | $0 | $331 |
| Days on market | 37 | 49 |
Oct 9, 2026
$1,449,000
$1,599,000
-9% Price Drop
Initial Listing
Oct 2, 2026
$1,599,000
$1,699,000
-6% Price Drop
Initial Listing
Sep 22, 2026
$1,699,000
$1,950,000
-13% Price Drop
Initial Listing
Sep 18, 2026
$1,950,000
Initial Listing