345 E 53rd, Long Beach, California 90805, Long Beach, 90805 - 2 bed, 1 bath
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Long Beach, California 90805
This Refreshed 1920s Bungalow is a Strong Value Opportunity, listed at $619,000—positioned below the $622,669 Fair Market Value by 1%. This pricing provides $3,669 in Instant Equity alongside significant upside via the ADU Conversion Potential of the detached two-car garage. Featuring a Modern Interior Refresh and a Condition Rating of 4, the home balances move-in ready aesthetics with long-term appreciation potential. Located in the Long Beach Unified School District, it is an ideal acquisition for First-Time Homebuyers or Owner-Occupants looking to build wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 345 E 53rd Subject | $619,000* List Price | 2 | 1 | 680 | $916 | - |
A 427 E Platt Street Sold | $450,000 | 1 | 1 | 540 | $833 | 0.1 mi |
B 6060 6060 Myrtle Ave Active | $590,000 List Price | 2 | 1 | 788 | $749 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1923, the property has undergone some cosmetic 'refreshes' including laminate flooring and upgraded countertops. However, the exterior shows visible signs of age, and the listing explicitly states the home is 'awaiting your improvements,' indicating that major systems and structural components are likely outdated despite the surface-level updates.
The property features a spacious two-car garage with existing washer/dryer hookups, providing a prime opportunity for an ADU conversion to generate rental income or expand living space.
The home boasts contemporary updates including laminate flooring, modern light fixtures, refreshed cabinetry, and upgraded countertops, offering a move-in-ready aesthetic for buyers.
Situated on a street known for well-manicured lawns and high curb appeal, the location offers excellent proximity to schools, shopping, and major freeway access.
At only 680 square feet for a two-bedroom residence, the interior living space is quite limited, which may deter buyers looking for more room or storage.
Originally built in 1923, the property's age suggests potential underlying maintenance needs typical of century-old homes that may not be addressed by cosmetic upgrades.
345 E 53rd St , Long Beach, features adequate living space featuring modern light fixtures, laminate flooring, refreshed cabinetry, and upgraded countertops. This SFR is situated on a nice size lot awaiting your improvements. The property includes a spacious two-car garage with washer/dryer hookups and has excellent potential for conversion to an accessory dwelling unit (ADU), offering added living space and value. The street showcases well-manicured lawns, enhancing the neighborhood’s appeal. Conveniently located near schools, shopping, and with easy freeway access, this home blends comfort with opportunity. Just a short drive to Long Beach pier. Motivated seller! Submit your offers TODAY!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 48% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 680 | 1,123.5 | 3% |
| Lot Size | 3,116 | 5,154 | 9% |
| Price | $619.0K | $715.0K | 10% |
| Price per sq ft | $910 | $646 | 96% |
| Built year | 1923 | 1942 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 171 | 2% |
Mar 24, 2026
$619,000
Initial Listing
Mar 11, 2022
$590,000
Public Record