34 E 53rd Street, Long Beach, California 90805, Long Beach, 90805 - 3 bed, 2 bath

34 E 53rd Street
Long Beach, California 90805
Property Price
SUMMARY
Analysis of 34 E 53rd Street, Long Beach, California 90805 reveals a property with a current list price of $725,000, which is 6% above the estimated $676,503 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 34 E 53rd Street Subject | $725,000* List Price | 3 | 2 | 1,500 | $451 | - |
A 5493 Cerritos Avenue Sold | $560,000 | 3 | 1 | 1,033 | $542 | 0.9 mi |
B 5436 Dairy Avenue Sold | $650,000 | 4 | 2 | 1,452 | $448 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1924, this property is explicitly described as a 'cosmetic fixer upper,' which for a home of this age, implies substantial rehabilitation beyond just aesthetics. The images reveal very dated and worn elements: old, discolored tiles and fixtures in the bathroom, worn carpets in the bedrooms, basic and outdated light fixtures throughout, and a generally tired exterior. While currently occupied, the property's age and visible condition suggest that major systems (electrical, plumbing, HVAC) are likely original or very old and will require extensive replacement or repair to meet modern standards for safety, efficiency, and comfort. The kitchen appears functional but is basic and lacks modern features. Overall, it requires significant investment to bring it to a desirable condition.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Income Potential
The property is a long-term rental with the current tenant willing to stay, offering immediate cash flow for investors.
- Streamlined Probate Sale
A probate sale with no court confirmation required and appraisal already completed, simplifying the transaction process.
- Value-Add Opportunity
Described as a 'cosmetic fixer upper,' presenting a clear opportunity for buyers to add significant value through renovations and personalization.
CONSRISKS & DEFICIENCIES
- Renovation Required
The property is explicitly noted as a 'cosmetic fixer upper,' indicating immediate capital expenditure is needed for updates.
- Property Age
Built in 1924, the home's age suggests potential for outdated systems (e.g., plumbing, electrical) and higher maintenance costs beyond cosmetic repairs.
- Limited Showing Access
Tenant occupancy restricts showings to appointment-only, which can complicate buyer access and potentially prolong the sales process.
About 34 E 53rd Street
Nice 3 bedrom 2 bath home that has been a long term rental. Cosmetic fixer upper. Tenant will show by appointment only. Probate sale but no confirmation required. Probate appraisal has been done. Tenant is also willing to stay if you are looking for a rental property.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1924
- Lot Size
- 4,309 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 1.0 | 53% |
| Square foot | 1,500 | 1,127.5 | 84% |
| Lot Size | 4,309 | 5,394.5 | 10% |
| Price | $725.0K | $720.0K | 55% |
| Price per sq ft | $483 | $646 | 13% |
| Built year | 1924 | 1943 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 165 | 164 | 51% |
Pricing History
Listed for Sale
Sep 23, 2025
$725,000
Initial Listing
Price Change
Sep 22, 2025
$695,000
Initial Listing
Sold
May 13, 2009
$51,000
Public Record

















