
Long Beach, California 90807
This Spacious Traditional Residence with ADU is a Strong Value Opportunity, listed at $1,850,000—positioned well below the $1,970,992 Fair Market Value by 6%. This valuation gap provides $120,992 in Instant Equity. The property maintains a Move-in Ready Condition Rating, featuring an updated kitchen and a fully equipped studio ADU on an expansive 12,460-square-foot lot. Located in the Long Beach Unified district with a private patio, it balances historic charm with modern utility. This is an ideal acquisition for Owner-Occupants or Multi-generational Families seeking scale and value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3824 Elm Avenue Subject | $1,850,000* List Price | 5 | 5 | 4,073 | $484 | - |
A 929 E Marshall Sold | $1,645,000 | 5 | 4 | 3,188 | $516 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1938 property is in move-in ready condition, having been well-maintained and updated over time. The kitchen features high-end stainless steel appliances, stone countertops, and modern cabinetry, while the bathrooms have been updated with contemporary fixtures and glass shower enclosures. The home retains its historic charm with polished hardwood floors and traditional moldings, but benefits from modern recessed lighting and a fully equipped, recently updated studio ADU. While not a brand-new construction, the systems and finishes are functional and stylish, meeting the criteria for a high-quality, well-maintained residence.
The property includes a fully equipped studio ADU with its own kitchen, bathroom, and laundry, providing excellent versatility for multi-generational living or potential rental income.
With 4,073 square feet of living space on a rare 12,460-square-foot lot, this property offers a scale and level of privacy that is difficult to find in the historic Bixby Knolls neighborhood.
The 1938 traditional architecture is complemented by mature fruit trees and established gardens, offering immediate curb appeal and a serene outdoor environment.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =12460, other record lot size in square feet = 12146.
Because the home was expanded over time, the layout features a 'progressive' flow with rooms that connect and separate, which may feel less cohesive or 'choppy' compared to modern open-concept designs.
Given the original 1938 construction date and subsequent additions, the property may require updates to older mechanical systems or structural elements to meet contemporary standards.
Space, Light, and Room to Evolve in Bixby Knolls.You don't realize how large the house is right away. From the front it reads as a traditional two-story home, but inside it begins to unfold -- living and dining rooms opening ahead, French doors hinting at another room beyond, and light arriving more gradually than expected.Originally built in 1938 and expanded over time, the home now offers 4,073 square feet of living space on a 12,460-square-foot lot in Bixby Knolls, including a studio ADU. The layout is less about a single moment and more about progression -- rooms connecting, then separating, creating spaces that feel open when they should and private when they need to.Just beyond the living and dining rooms, the kitchen sits at the center of daily life, linking gathering areas while allowing quieter parts of the home to remain distinct. Two bedrooms and two baths on the main level sit along a hallway just off the entry -- easy to miss at first, part of what gives that wing its calm, tucked-away feel.Beyond the kitchen, the den leads to a stairway that quietly changes the experience of the house. Upstairs, the mood lifts -- light fills the space, privacy deepens, and the scale opens up in an unexpected way. A spacious primary suite anchors the upper level, joined by two additional bedrooms connected by a Jack-and-Jill bath, with views toward the backyard and neighborhood beyond.Outside, patio space, lawn, established gardens, and mature fruit trees give the grounds an already-lived-in quality. The depth of the lot leaves room to enjoy the space as it is or shape it gradually over time.The studio ADU, complete with its own kitchen, bath, and in-unit laundry, adds independent space that remains naturally connected to the property as a whole.Taken together, the main house, outdoor spaces, and ADU allow life to shift without starting over -- functioning as one cohesive home or adapting gradually to changing needs.Comfortable now. Ready for whatever comes next.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 91% |
| Baths | 5.0 | 2.0 | 96% |
| Square foot | 4,073 | 1,760.5 | 96% |
| Lot Size | 12,460 | 6,375.5 | 96% |
| Price | $1.85M | $1.10M | 90% |
| Price per sq ft | $454 | $654 | 7% |
| Built year | 1938 | 1942 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 156 | 7% |
Mar 5, 2026
$1,850,000
Initial Listing