
Long Beach, California 90807
This Historic Spanish-style Single Family Residence is a Strong Value Opportunity, listed at $1,119,000—positioned well below the $1,192,880 Fair Market Value by 6%. This valuation gap offers $73,880 in Instant Equity. Featuring a Condition Rating of 4, the home offers authentic architectural character alongside a Detached Guest House (ADU) and a Private Pool and Spa. This property balances historic charm with significant versatility, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add historic home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3729 Olive Avenue Subject 3 bd · 3 ba · 1,730 sqft · $690 | $1,119,000* List Price | 3 | 3 | 1,730 | $690 | - |
A 3839 Lime Avenue Sold 3 bd · 2 ba · 1,962 sqft · $688 · 0.2 mi | $1,350,000 | 3 | 2 | 1,962 | $688 | 0.2 mi |
B 730 E Roosevelt Sold 3 bd · 2 ba · 1,981 sqft · $726 · 0.2 mi | $1,439,000 | 3 | 2 | 1,981 | $726 | 0.2 mi |
C 3757 Cerritos Avenue Sold 3 bd · 2 ba · 1,924 sqft · $624 · 0.3 mi | $1,200,000 | 3 | 2 | 1,924 | $624 | 0.3 mi |
D 3710 Lemon Sold 2 bd · 2 ba · 1,515 sqft · $594 · 0.3 mi | $900,000 | 2 | 2 | 1,515 | $594 | 0.3 mi |
E 1505 E Armando Sold 3 bd · 2 ba · 1,644 sqft · $766 · 0.6 mi | $1,260,000 | 3 | 2 | 1,644 | $766 | 0.6 mi |
F 3639 Falcon Avenue Sold 2 bd · 2 ba · 1,762 sqft · $701 · 0.6 mi | $1,235,000 | 2 | 2 | 1,762 | $701 | 0.6 mi |
G 54 La Linda Drive Sold 3 bd · 3 ba · 2,035 sqft · $600 · 0.5 mi | $1,220,000 | 3 | 3 | 2,035 | $600 | 0.5 mi |
H 3625 Cerritos Ave Sold 3 bd · 2 ba · 1,553 sqft · $789 · 0.3 mi | $1,225,000 | 3 | 2 | 1,553 | $789 | 0.3 mi |
I 3721 Falcon Avenue Pending 3 bd · 2 ba · 1,544 sqft · $826 · 0.6 mi | $1,275,000 List Price | 3 | 2 | 1,544 | $826 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1925, this historic Spanish-style home is well-preserved but significantly dated. While the hardwood floors and architectural details are in good condition, the bathroom features older tile work and fixtures likely exceeding 20-30 years in age. The exterior shows cracked concrete and older electrical meters, indicating that while the home is functional and move-in ready, it requires cosmetic updates and system modernizations.
This 1925 residence showcases authentic period details, including dramatic barrel ceilings, original hardwood floors, and traditional red tile, offering rare character within the prestigious California Heights historic district.
The inclusion of a separate guest house with its own kitchenette and bathroom adds significant value and versatility for multi-generational living, a home office, or potential rental income.
The property features an enchanting Spanish garden complete with a pool, spa, and intricate brickwork, providing a high-end private courtyard experience that is rare for the area.
Approaching 100 years of age, the property may require ongoing maintenance or costly updates to vintage systems to meet modern efficiency and building standards.
At 1,730 square feet for a 3-bedroom home, the interior layout may feel restrictive for buyers accustomed to the more expansive, open-concept floor plans found in newer constructions.
A rare opportunity to own an authentic single-story Spanish-style home with a guest house/ADU, located in the heart of the highly desirable historic district of California Heights. You will love the wide, tree-lined streets and the surrounding stately vintage homes. This special property enjoys a quiet interior location while remaining close to the neighborhood’s outstanding restaurants, shops and businesses, with convenient access to freeways and public transportation. Approaching 100 years old, this wonderful home showcases the character, craftsmanship and architectural details you hope to find in a classic Spanish residence. Beautiful hardwood floors, a dramatic barrel ceiling, traditional red tile flooring and distinctive period details create warmth and personality throughout. The main residence features 3 bedrooms, 2.5 baths, a formal dining room, den and sunroom, all on one level. The living areas offer beautiful views of the garden and backyard, creating a wonderful connection between the home and its exceptional outdoor setting. Step outside and discover an enchanting private Spanish garden and entertaining retreat. Gorgeous brickwork, architectural pillars, statuary, mature landscaping and intimate conversation areas combine to create the feeling of a private courtyard. A small pool and spa complete this special setting—perfect for entertaining, relaxing or enjoying a quiet afternoon at home. Adding tremendous value and versatility is the separate guest house, complete with its own kitchenette and bathroom. An ideal space for overnight guests, extended family, a home office, studio or other flexible uses. 3729 Olive Avenue combines the romance and craftsmanship of authentic Spanish architecture, single-story living, a separate guest house and an extraordinary garden setting, all in one of Long Beach’s most desirable and established neighborhoods. A truly special property ready for its next chapter.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,730 | 1,516.237 |
| Lot Size | 6,739 | 5,828.075 |
| Price | $1.12M | $1.04M |
| Price per sq ft | $647 | $730 |
| Built year | 1925 | 1949 |
| HOA | $0 | $331 |
| Days on market | 23 | 49 |
Oct 2, 2026
$1,119,000
Initial Listing