4217 Cedar Avenue, Long Beach, California 90807, Long Beach, 90807 - 4 bed, 6 bath
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4217 Cedar Avenue
Long Beach, California 90807
ACTIVE
CONDITION: EXCELLENT
4Beds
6Baths
4,283Sq Ft
14,827Lot Size
Property Price
LIST PRICE$2,949,000
EST. MARKET VALUE
$2,851,830
3% AboveMARKET VALUE
SUMMARY
This Kenneth Wing-designed estate represents a High-Potential Investment Opportunity, listed at $2,949,000—positioned slightly above the $2,851,830 Fair Market Value. While priced at market, the property offers significant upside through its 1,400 sq. ft. of unfinished second-story space, allowing for expansion to nearly 5,700 sq. ft. Featuring a high-end designer remodel, four en-suite bathrooms, and a secret speakeasy, this home maintains an Excellent Condition Rating. It is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a luxury residence with substantial long-term equity growth potential.
Estimated Market Value
$2,851,830
Based on Realkey algorithm analyzing recent comparable sales in Long Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4217 Cedar Avenue Subject | $2,949,000* List Price | 4 | 6 | 4,283 | $666 | - |
A 4406 California Ave Sold | $2,550,000 | 5 | 4 | 3,803 | $671 | 1.0 mi |
B 3930 Myrtle Sold | $2,125,000 | 3 | 4 | 2,771 | $767 | 0.9 mi |
C 3939 Pacific Active | $2,999,999 List Price | 4 | 4 | 3,684 | $814 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive high-end remodel within the last few years, featuring a completely updated kitchen with Thermador appliances, four new en-suite bathrooms, and significant system upgrades including three newer HVAC units, new PEX plumbing, and tankless water heaters. The interior and exterior are in mint condition with modern finishes throughout.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Expansion Potential
The property includes approximately 1,400 sq. ft. of unfinished second-story space, providing a rare opportunity to increase the total living area to nearly 5,700 sq. ft. and add substantial equity.
- High-End Designer Remodel
This Kenneth Wing-designed estate features a luxury kitchen with Thermador appliances, a secret speakeasy with Cristallo quartzite, and four private en-suite bathrooms, blending mid-century architecture with modern sophistication.
- Versatile Lot and Amenities
The expansive 14,827-sq.-ft. lot accommodates a detached guest suite, a rare basement for specialized use, and extensive parking options including a three-car garage and gated RV space.
CONSRISKS & DEFICIENCIES
- Additional Capital Required
To reach the property's full potential, the buyer must invest further in construction and permitting to finish the existing 1,400 sq. ft. of raw second-story space.
- Lack of Scenic Views
Despite its premium location in the Virginia Country Club enclave, the property lacks significant views, which may be a drawback for luxury buyers at this price point.
About 4217 Cedar Avenue
APPROX. 1,400 SQ. FT. OF UNFINISHED SECOND-STORY SPACE ALREADY EXISTS—CREATING THE POTENTIAL FOR NEARLY 5,700 SQ. FT! In the coveted Virginia Country Club enclave, this Kenneth Wing-designed estate offers over 4,280 sq. ft. of beautifully remodeled living space on an approx. 14,827-sq.-ft. lot. The COMPLETELY REMODELED KITCHEN showcases premium quartz, Thermador appliances, Newport Brass fixtures and a Native Trails hammered-copper sink. Generous entertaining spaces include a grand formal dining room and SECRET SPEAKEASY with illuminated Cristallo quartzite, a Newport Brass faucet and copper sink. The home offers FOUR PRIVATE EN-SUITE BATHROOMS PLUS TWO POWDER ROOMS. The en-suite bathrooms feature premium fixtures and custom glass, including a curbless primary shower. There are also TWO SEPARATE LAUNDRY AREAS—one off the kitchen and a second washer and dryer in the primary suite. The charming detached guest suite includes a full bath and ingenious built-in bed that easily stows away for more living space. Existing plumbing and electrical offer exciting possibilities. A RARE BASEMENT ADDS ANOTHER LEVEL OF POSSIBILITY—ideal for a wine cellar, secure storage, private retreat or panic room. Improvements include three newer AC units and furnaces, a guest-suite mini-split, new PEX water lines, tankless water heaters, LED lighting throughout, exterior lighting, plantation shutters, porcelain tile flooring, a refinished foyer and fresh interior and exterior paint. Huge front and rear yards offer space for entertaining, recreation or a future pool. Updated hardscaping, newer irrigation, landscaping, sod, fountains and custom wrought ironwork enhance the grounds. A large detached shed adds storage or creative-use potential. The oversized three-car garage is finished with drywall and insulated doors and includes storage above. Gated RV parking, a custom automatic entry gate and abundant additional parking complete the property. Enjoy an exceptional location near Virginia Country Club and its golf course, Rancho Los Cerritos, Bixby Knolls, and the Long Beach waterfront, beaches, marinas, boating, dining and downtown. BEAUTIFULLY REMODELED FOR TODAY, WITH EXTRAORDINARY ROOM TO EXPAND FOR TOMORROW. Buyer to verify square footage, permits and feasibility of future improvements.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 14,827 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 6 (6 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 |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 6.0 | 2.0 |
| Square foot | 4,283 | 1,519.995 |
| Lot Size | 14,827 | 5,807.524 |
| Price | $2.95M | $1.03M |
| Price per sq ft | $689 | $728 |
| Built year | 1956 | 1948 |
| HOA | $0 | $259 |
| Days on market | 11 | 48 |
Pricing History
Listed for Sale
Aug 29, 2026
$2,949,000
Initial Listing
Sold
Jan 20, 2023
$2,000,000
Public Record
Sold
May 14, 2013
$1,285,000
Public Record