
Long Beach, California 90807
This Authentic Spanish-Style Residence is a Strong Value Opportunity, listed at $1,179,000—positioned well below the $1,295,816 Fair Market Value by 9%. This valuation gap offers $116,816 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a separate guest house/ADU, a private pool and spa, and original architectural details. This property balances historic charm with modern versatility, making it an ideal acquisition for Owner-Occupants seeking a unique lifestyle or Buy-and-Hold Investors targeting the desirable Bixby Knolls market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3729 Olive Subject | $1,179,000* List Price | 3 | 3 | 1,730 | $749 | - |
A 730 E Roosevelt Sold | $1,439,000 | 3 | 2 | 1,981 | $726 | 0.2 mi |
B 3639 Falcon Avenue Sold | $1,235,000 | 2 | 2 | 1,762 | $701 | 0.6 mi |
C 3755 Olive Sold | $1,475,000 | 4 | 3 | 1,823 | $809 | 0.1 mi |
D 3852 N Weston Sold | $1,510,000 | 3 | 2 | 1,798 | $840 | 0.6 mi |
E 3625 Cerritos Ave Sold | $1,225,000 | 3 | 2 | 1,553 | $789 | 0.3 mi |
F 3475 Cerritos Avenue Sold | $1,210,000 | 3 | 2 | 1,747 | $693 | 0.5 mi |
G 3915 Lime Sold | $1,225,000 | 3 | 2 | 1,510 | $811 | 0.3 mi |
H 3757 Cerritos Avenue Sold | $1,200,000 | 3 | 2 | 1,924 | $624 | 0.3 mi |
I 323 E Bixby Active | $1,269,900 List Price | 3 | 2 | 1,798 | $706 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1925, the property features a kitchen renovation approximately 10-20 years old with stainless steel appliances, double ovens, and updated cabinetry. The interior shows well-maintained hardwood floors and functional living spaces that are move-in ready. The guest house and main systems appear operational and updated enough to avoid the 'Fair' category, despite the home's chronological age.
The inclusion of a separate guest house with its own kitchenette and bathroom adds significant value, offering flexibility for multi-generational living, a home office, or potential rental income.
This 1925 Spanish-style home features rare period details, including dramatic barrel ceilings, original hardwood floors, and traditional red tile, preserving the historic charm highly sought after in Bixby Knolls.
The property boasts an enchanting courtyard-style garden complete with a pool, spa, and mature landscaping, providing a sophisticated and private space for outdoor entertaining.
Approaching 100 years of age, the property may require significant investment in updating aging systems such as plumbing, electrical, or foundation to meet modern standards.
At 1,730 square feet for a $1.179M asking price, the interior living space is relatively compact, which may challenge buyers looking for more square footage at this price point.
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 | 1,519.995 |
| Lot Size | 6,739 | 5,807.524 |
| Price | $1.18M | $1.03M |
| Price per sq ft | $682 | $728 |
| Built year | 1925 | 1948 |
| HOA | $0 | $259 |
| Days on market | 26 | 48 |
Aug 14, 2026
$1,179,000
Initial Listing