4042 E Ransom Street, Long Beach, California 90804, Long Beach, 90804 - 2 bed, 1 bath
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Long Beach, California 90804
This property presents a High-Potential Investment Opportunity with a List Price of $915,000, positioned slightly above the $907,759 Fair Market Value. While the home carries a Fair Condition Rating due to a dated kitchen, the expansive 6,567 sq ft lot and oversized garage provide significant ADU Development Potential. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to leverage the classic 1925 Spanish architecture and original hardwood floors to build long-term value through strategic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4042 E Ransom Street Subject | $895,000* List Price | 2 | 1 | 1,064 | $844 | - |
A 1118 Roswell Sold | $865,000 | 3 | 2 | 1,172 | $738 | 0.4 mi |
B 2619 E 15th Sold | $765,000 | 2 | 1 | 730 | $1,048 | 0.9 mi |
C 1350 Quincy Avenue Active | $1,030,000 List Price | 3 | 1 | 1,218 | $846 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1925, this nearly century-old home is described as a 'classic beauty' but explicitly requires a kitchen update. While the exterior and original hardwood floors suggest it has been cared for, the age and lack of recent major renovations to key systems and the kitchen place it in the 'Fair' category, requiring modernization and minor repairs.
The property features an oversized 330 sq ft garage plus a 290 sq ft attached storage area on a large 6,567 sq ft lot, providing an ideal footprint for an Accessory Dwelling Unit (ADU) conversion.
Built in 1925, this Spanish-style residence retains its original charm with period-correct hardwood floors and built-in cabinetry, offering a timeless aesthetic that is highly desirable in the Long Beach market.
The 50 x 135 lot is significantly larger than many urban parcels, offering ample outdoor space for entertaining, gardening, or future structural expansions.
The kitchen is identified as needing updates, which represents an immediate capital improvement cost for buyers seeking a modern or move-in-ready interior.
With only one bathroom serving the entire household, the property may face functional limitations for families or guests, potentially impacting its competitive positioning.
Classic Spanish beauty in a great neighborhood. Close to all amenities. Original hardwood floors & built-in cabinetry. Kitchen needs updating but includes a breakfast nook & laundry area. A long driveway leads to an oversized single car garage (approximately 330 sq feet) with an attached storage area (approximately 290 sq feet). Great potential for an ADU. Lot is 50 x 135.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,064 | 1,556.5 |
| Lot Size | 6,567 | 5,910 |
| Price | $895.0K | $1.02M |
| Price per sq ft | $841 | $721 |
| Built year | 1925 | 1949 |
| HOA | $0 | $240 |
| Days on market | 13 | 46 |
Jul 15, 2026
$895,000
$915,000
-2% Price Drop
Initial Listing
Jul 9, 2026
$915,000
Initial Listing