
Long Beach, California 90808
This Spacious El Dorado Park Estates Pool Home is a High-Potential Investment Opportunity, listed at $1,195,000—positioned well below the $1,355,416 Fair Market Value by 11%. This valuation gap provides $160,416 in Instant Equity. While holding a Functional Condition Rating with a newer HVAC system and dual-paned windows, the interior awaits cosmetic modernization. Boasting a rare 5-bedroom layout and access to Elite Schools like Richard Henry Lee Elementary (10/10) and Los Alamitos High (9/10), it perfectly balances lifestyle and ROI. This is an ideal acquisition for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3531 Julian Avenue Subject | $1,195,000* List Price | 5 | 4 | 2,320 | $584 | - |
A 3271 Marna Avenue Sold | $1,350,000 | 4 | 2 | 2,026 | $666 | 0.4 mi |
B 3140 Marna Sold | $1,260,000 | 4 | 3 | 2,972 | $424 | 0.5 mi |
C 3091 Marna Avenue Sold | $1,225,000 | 3 | 2 | 2,006 | $611 | 0.6 mi |
D 3210 Val Verde Pending | $1,399,000 List Price | 4 | 3 | 2,515 | $556 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a well-maintained 1963 build that benefits from high-value infrastructure updates including a newer Carrier HVAC system and dual-paned windows. However, the interior remains largely outdated; the kitchen features older wood cabinetry, white tile countertops, and aged appliances, while the living areas show worn carpeting. While the home is functional and move-in ready, it requires significant cosmetic modernization in the kitchen and bathrooms to meet current market standards.
Elementary School: Richard Henry Lee Elementary School (10/10). Middle School: Newcomb Academy (9/10). High School: Los Alamitos High School (9/10).
Situated in the prestigious El Dorado Park Estates, this home offers proximity to highly-rated institutions like Newcomb Academy and Los Alamitos High School, significantly bolstering long-term value.
The rare 5-bedroom configuration includes a main-floor bedroom and bath, plus an additional exterior bathroom for the pool, providing excellent flexibility for guests or extended family.
Marketed as a 'perfect canvas,' the home's interior, particularly the kitchen and living spaces, requires significant renovation to meet modern aesthetic and functional standards.
Given the large 2,320 square foot footprint and the inclusion of a private pool, the 5,359 square foot lot offers minimal remaining green space for traditional yard activities or gardening.
El Dorado Park Estates Pool Home 5 Bedrooms | 4 Bathrooms | Exceptional Opportunity Welcome to a rare opportunity in the highly sought-after El Dorado Park Estates, where location, space, and potential come together. This expansive 5-bedroom, 4-bathroom pool home offers the perfect canvas to create your dream residence in one of Long Beach’s most desirable neighborhoods. Ideally situated near award-winning schools, beautiful parks, and convenient shopping and dining, this home combines lifestyle and location with endless possibilities. Step inside to discover a terrific floor plan featuring generous living spaces, including a spacious kitchen ready for your personal touch and the opportunity to create an open-concept design tailored to modern living. The home is highlighted by cozy fireplaces in both the living room and primary suite. The versatile layout includes a main-floor bedroom and ¾ bath, ideal for guests, extended family, or a private office. An additional exterior ¾ bathroom offers convenience for poolside entertaining. Additional features include a newer Carrier FAU/AC system with all new ductwork, newer dual paned windows & sliders and an attached 2-car garage. This home is brimming with potential—an incredible opportunity to customize, update, and make it your own in an exclusive and established neighborhood.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-5 • 1.8 mi
Grades K-5 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 93% |
| Baths | 4.0 | 2.0 | 94% |
| Square foot | 2,320 | 1,548 | 93% |
| Lot Size | 5,359 | 5,579 | 30% |
| Price | $1.20M | $1.07M | 69% |
| Price per sq ft | $515 | $712 | 10% |
| Built year | 1963 | 1953 | 88% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 166 | 1% |
Apr 15, 2026
$1,195,000
Initial Listing