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

34 E 53rd Street, Long Beach, California 90805 home-pic-0

34 E 53rd Street

Long Beach, California 90805

ACTIVE
CONDITION: POOR
3Beds
2Baths
1,500Sq Ft
4,309Lot Size

Property Price

LIST PRICE$725,000
EST. MARKET VALUE
$676,503
6% AboveMARKET VALUE

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

$676,503
Based on Realkey algorithm analyzing recent comparable sales in Long Beach.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
34 E 53rd Street
Subject
$725,000*
List Price
321,500$451-
A
5493 Cerritos Avenue
Sold
$560,000311,033$5420.9 mi
B
5436 Dairy Avenue
Sold
$650,000421,452$4480.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

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dated and worn elements: old, discolored tiles and fixtures in the bathroom, worn carpets in the bedrooms, basic and outdated light fixtures throughout, and a generally tired exterior.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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.01.0
53%
Square foot1,5001,127.5
84%
Lot Size4,3095,394.5
10%
Price$725.0K$720.0K
55%
Price per sq ft$483$646
13%
Built year19241943
3%
HOA$0$0
50%
Days on market165164
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

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