3246 Locust Avenue, Long Beach, California 90807, Long Beach, 90807 - 3 bed, 2 bath
ACTIVE$892,000$1,862/sqft
Est. Value: $892,000
%
FairlyEstimate
3246 Locust Avenue, Long Beach, California 90807
3Beds
2Baths
1,862Sqft
5,027Lot
Price Vs. Estimate
The estimated value ($892,000) is $0 (0%) lower than the list price ($892,000). This property may be overpriced.
Key pros and cons
Top Pros:
Energy Efficiency: Equipped with central air, heating, and solar panels, this home offers modern comfort and potential long-term utility cost savings.
Top Cons:
Lack of Specific Views: The property explicitly states 'view: None,' which may be a drawback for buyers prioritizing scenic vistas or premium views.
Compared to the nearby listings
Price:$892.0K vs avg $1.05M ($-156,000)31%
Size:1,862 sqft vs avg 1,839 sqft55%
Price/sqft:$479 vs avg $6449%
More Insights
Built in 1976 (50 years old).
Condition: Built in 1976, this home is well-maintained with functional updates like central air, heating, and solar panels. The flooring and windows appear updated. However, the kitchen features dated cabinetry despite newer appliances and backsplash, and the bathroom is significantly outdated with an older vanity, countertop, and light fixture. These areas require minor to moderate updates to align with current styles and preferences.
Year Built
1976
Close
-
List price
$892K
Original List price
$900K
Price/Sqft
$479
HOA
-
Days on market
-
Sold On
-
MLS number
SR25222395
Home ConditionFair
Features
View-
About this home
Welcome to this 3+2 spacious and charming two-story home! Step inside to discover an inviting floor plan accentuated by ample natural light. The interior features a harmonious blend of wood and tile flooring that compliments the living space. A moderate kitchen that creates a great cooking environment with ample cabinet space. This home is equipped with central air and heating along with solar panels. For added convenience a separate laundry room with ample cabinet space.
D
Dana Stokes
Listing Agent
Price History
Date
Event
Price
05/09/00
Sold
$214,000
02/27/03
Sold
$290,000
Condition Rating
Fair
Built in 1976, this home is well-maintained with functional updates like central air, heating, and solar panels. The flooring and windows appear updated. However, the kitchen features dated cabinetry despite newer appliances and backsplash, and the bathroom is significantly outdated with an older vanity, countertop, and light fixture. These areas require minor to moderate updates to align with current styles and preferences.
Pros & Cons
Pros
Energy Efficiency: Equipped with central air, heating, and solar panels, this home offers modern comfort and potential long-term utility cost savings.
Spacious & Well-Lit Interior: The two-story layout provides ample space with an inviting floor plan accentuated by abundant natural light, creating a pleasant living environment.
Desirable Flooring & Functional Spaces: Features a harmonious blend of wood and tile flooring throughout, complemented by a functional kitchen with ample cabinet space and a convenient separate laundry room.
Attractive Value Proposition: The property is listed at $892,000, which is approximately 9% below its estimated market value of $984,901.37, offering a strong investment opportunity.
Established Neighborhood: Located in the desirable Wrigley Heights subdivision of Long Beach, known for its community appeal and convenient access to local amenities.
Cons
Lack of Specific Views: The property explicitly states 'view: None,' which may be a drawback for buyers prioritizing scenic vistas or premium views.
Age of Property & Potential for Updates: Built in 1976, while well-maintained, certain aspects of the home, particularly the 'moderate kitchen,' may require updates to meet contemporary aesthetic and functional preferences.
Recent Price Reduction: A recent price drop from $900,000 to $892,000 could indicate initial overpricing or a slower market response, potentially suggesting room for further negotiation.