3908 Elm Avenue, Long Beach, California 90807, Long Beach, 90807 - 3 bed, 2 bath
3908 Elm Avenue
Long Beach, California 90807
Property Price
SUMMARY
Analysis of 3908 Elm Avenue, Long Beach, California 90807 reveals a property with a current list price of $1,375,000, which is 11% above the estimated $1,231,016 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3908 Elm Avenue Subject | $1,375,000* List Price | 3 | 2 | 2,173 | $567 | - |
A 3836 Linden Avenue Sold | $1,140,000 | 3 | 2 | 1,853 | $615 | 0.1 mi |
B 1012 E 45th Sold | $1,100,000 | 3 | 2 | 1,833 | $600 | 0.9 mi |
C 1172 E Cartagena Sold | $1,427,000 | 4 | 4 | 2,892 | $493 | 0.7 mi |
D 3707 Cedar Sold | $1,675,000 | 4 | 3 | 2,960 | $566 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1948 and explicitly marketed as a fixer-upper, the property requires substantial rehabilitation. The interior features original or highly dated components, including the kitchen and bathrooms, with the listing description and property analysis confirming significant deferred maintenance and the need for extensive renovation.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10840, living area = 2173.
- Prime Bixby Knolls Location
Situated in the highly sought-after Bixby Knolls neighborhood, this property offers excellent proximity to top-rated schools, parks, and upscale dining, ensuring strong long-term appreciation.
- Expansive Lot and Parking
The oversized 10,840 square foot lot features a rare detached three-car garage and a large driveway, providing ample space for vehicles, storage, or potential ADU development.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Needed
Explicitly marketed as a fixer-upper, the property requires a significant capital investment and 'tools and imagination' to address deferred maintenance and modernization.
- High Entry Price for Condition
At a list price of $1.375M for a home in need of total repair, the high initial cost may limit the profit margin for investors or the remaining budget for owner-occupants.
About 3908 Elm Avenue
Bring your tools and imagination! This 3-bedroom 2 bath home, a fixer-upper potential, invites enthusiasts to bring their personal touch and transform their dream home. The property features spacious floor plan, large backyard, and detached 3 car garage plus driveway parking spaces. Home is located in a prime location. Accessible to freeway, parks, schools, restaurants and shops. Don't miss this opportunity!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 10,840 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,173 | 1,833 | 72% |
| Lot Size | 10,840 | 6,459 | 91% |
| Price | $1.38M | $1.10M | 74% |
| Price per sq ft | $633 | $642 | 44% |
| Built year | 1948 | 1942 | 68% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 162 | 2% |
Pricing History
Listed for Sale
Feb 17, 2026
$1,375,000
Initial Listing