3318 Elm Avenue, Long Beach, California 90807, Long Beach, 90807 - 2 bed, 3 bath
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Long Beach, California 90807
This Remodeled Bixby Knolls Townhome is a Strong Value Opportunity, listed at $550,000—positioned well below the $594,225 Fair Market Value by 7%. This valuation gap provides $44,225 in Instant Equity for the incoming buyer. Boasting a Move-In Ready Condition Rating, the interior features a Granite Kitchen, custom cabinetry, and updated flooring throughout. Located in the prestigious Bixby Knolls area near local boutiques and parks, this home offers a turnkey lifestyle with significant financial upside. It is an ideal acquisition for Owner-Occupants looking to build wealth or first-time buyers seeking a polished, high-value entry into a prime neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3318 Elm Avenue Subject | $550,000* List Price | 2 | 3 | 979 | $607 | - |
A 3536 Linden Sold | $705,000 | 3 | 3 | 1,078 | $654 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1980-built townhome is in move-in ready condition following a comprehensive interior remodel. The property features modern upgrades including granite countertops, custom cabinetry, recessed lighting, and updated flooring throughout. While the bathroom tile retains a more traditional look, the vanities, fixtures, and lighting have been modernized. The exterior and entry are well-maintained, and the overall presentation suggests a high level of upkeep with no immediate renovations required.
The property features a comprehensive remodel including updated flooring, recessed lighting, and a kitchen equipped with granite countertops and custom cabinetry, offering a turn-key living experience.
Situated in a highly desirable neighborhood, the home provides excellent proximity to local boutiques, parks, and dining, with easy access to beaches and the Long Beach Airport.
The primary bedroom is exceptionally well-designed for modern needs, featuring a built-in work area, a walk-in closet, and a glass-enclosed shower, maximizing the utility of the space.
At just 979 square feet for a two-bedroom unit, the interior layout may feel compact for buyers accustomed to larger suburban townhomes.
The $380 monthly association fee adds a significant recurring cost to the ownership budget, which may be a deterrent for price-sensitive buyers in this segment.
Welcome to this remodeled townhome with updated floors, recessed lighting, and kitchen with granite countertops and backsplash, custom cabinets, and fixtures. Second-floor bedrooms are spacious, one of which is a primary bedroom with a built-in work area, walk-in closet, and glass-enclosed shower. For convenience, there is also direct garage access. Enjoy local hot spots, shops, parks, and restaurants, all just moments to beaches, entertainment, and the airport.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 979 | 1,487 | 17% |
| Lot Size | 44,832 | 29,914 | 83% |
| Price | $550.0K | $729.5K | 17% |
| Price per sq ft | $562 | $503 | 50% |
| Built year | 1980 | 1978 | 67% |
| HOA | $380.0 | $302 | 67% |
| Days on market | 7 | 124 | 17% |
Apr 15, 2026
$550,000
Initial Listing
Jan 13, 1995
$500
Public Record