40 Claremont Avenue, Long Beach, California 90803, Long Beach, 90803 - 3 bed, 2 bath
40 Claremont Avenue
Long Beach, California 90803
Property Price
SUMMARY
Analysis of 40 Claremont Avenue, Long Beach, California 90803 reveals a property with a current list price of $1,399,900, which is 17% above the estimated $1,188,602 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 |
|---|---|---|---|---|---|---|
★ 40 Claremont Avenue Subject | $1,399,900* List Price | 3 | 2 | 1,600 | $743 | - |
A 6425 E Ocean Boulevard Sold | $1,510,000 | 3 | 3 | 1,579 | $956 | 0.8 mi |
B 221 Saint Joseph Sold | $1,300,000 | 4 | 2 | 1,555 | $836 | 0.6 mi |
C 214 Angelo Sold | $1,450,000 | 4 | 3 | 2,005 | $723 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1926, this home is in mostly original condition and requires substantial rehabilitation. The kitchen and bathrooms are severely outdated with old cabinetry, tile, and appliances. The interior features worn carpeting, dated light fixtures, and aged systems that do not meet modern standards, as confirmed by the listing's emphasis on the need for significant renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Naples Elementary School (10/10).
- Prime Coastal Location
Situated in the heart of the highly coveted Belmont Shore neighborhood, this property is just steps from the water and within walking distance to the vibrant dining and shopping on 2nd Street.
- Rare 2-Car Garage
In a dense beachside community where parking is at a premium, the inclusion of a 2-car garage provides significant added value and convenience for residents.
CONSRISKS & DEFICIENCIES
- Significant Renovation Needed
The home is in original condition and requires extensive updating and modernization, which will necessitate a substantial additional investment of time and capital.
- Limited Bathroom Count
With three bedrooms but only 1.5 bathrooms, the current configuration may be insufficient for modern buyer expectations at this price point, likely requiring a floor plan reconfiguration.
About 40 Claremont Avenue
Welcome to a rare opportunity in the heart of Belmont Shore! Just steps from the water, this two-story, approximately 1,600 square foot home offers 3 bedrooms, 1.5 bathrooms, and a 2-car garage in one of the area’s most sought-after beachside neighborhoods. Full of character and potential, this home is ready for its next chapter. While it does need updating, it provides the perfect canvas to design and personalize your dream coastal residence. Imagine creating bright, open living spaces and enjoying the ocean breeze just moments from your front door. Ideally located near shops, dining, and all the charm that Belmont Shore is known for, this is a wonderful opportunity to invest in lifestyle and location. Bring your vision and make it your own!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1926
- Lot Size
- 2,375 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
Long Beach Unified Schools
Naples Elementary School
Grades K-5 • 0.3 mi
Lowell Elementary School
Grades K-5 • 0.7 mi
Rogers Middle School
Grades 6-8 • 0.8 mi
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 | 3.0 | 34% |
| Square foot | 1,600 | 2,064 | 23% |
| Lot Size | 2,375 | 3,179.5 | 11% |
| Price | $1.40M | $1.70M | 16% |
| Price per sq ft | $875 | $872 | 50% |
| Built year | 1926 | 1946 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 194 | 1% |
Pricing History
Listed for Sale
Feb 22, 2026
$1,399,900
Initial Listing