4240 E 15th, Long Beach, California 90804, Long Beach, 90804 - 4 bed, 4 bath
ACTIVE$989,000$1,789/sqft
Est. Value: $1,053,407
6%
BelowEstimate
4240 E 15th, Long Beach, California 90804
4Beds
4Baths
1,789Sqft
4,425Lot
Price Vs. Estimate
The estimated value ($1,053,407.475) is $64,407.475 (6%) higher than the list price ($989,000). This property may be underpriced.
Key pros and cons
Top Pros:
Income Potential / Multi-Generational Living: The property includes a separate 1-bedroom, 1-bath ADU (Accessory Dwelling Unit), offering significant flexibility for rental income or accommodating multi-generational families.
Top Cons:
Age of Property & Potential for Updates: Built in 1923, the property's age may imply the need for potential updates to core systems (e.g., plumbing, electrical, HVAC) that are not explicitly mentioned as modernized.
Compared to the nearby listings
Price:$989.0K vs avg $862.5K (+$126,550)71%
Size:1,789 sqft vs avg 1,103 sqft89%
Price/sqft:$553 vs avg $85311%
More Insights
Built in 1923 (103 years old).
Condition: Despite being built in 1923, this property has undergone extensive and high-quality renovations, making it move-in ready. The main house features updated kitchens with stainless steel appliances, granite countertops, and modern cabinetry, along with beautifully renovated bathrooms showcasing contemporary fixtures and tiling. The separate ADU is also very modern with white shaker cabinets and updated finishes. While the visible components are in excellent condition, the property's age suggests that core systems (plumbing, electrical, HVAC) may not have been fully replaced to 'virtually new' standards, aligning it with a 'Good' rating rather than 'Excellent'.
Year Built
1923
Close
-
List price
$989K
Original List price
$989K
Price/Sqft
$553
HOA
-
Days on market
-
Sold On
-
MLS number
DW26000255
Home ConditionGood
Features
Patio
View-
About this home
Welcome to this delightful cottage-style bungalow that blends timeless charm with modern versatility. This adorable 3-bedroom, 3-bath main house offers a cozy, homey feel with inviting living spaces that make you feel instantly at home. Adding incredible value is a separate 1-bedroom, 1-bath ADU attached to this home. Ideally located near the iconic Traffic Circle, this home is just minutes from the beach, shopping, dining, and major freeways. Whether you’re looking for multi-generational living or rental income potential, this property offers flexibility, charm, and an unbeatable Long Beach location.
V
Vanessa Torres
Listing Agent
Price History
Date
Event
Price
08/30/11
Sold
$255,000
07/11/06
Sold
$425,000
Condition Rating
Good
Despite being built in 1923, this property has undergone extensive and high-quality renovations, making it move-in ready. The main house features updated kitchens with stainless steel appliances, granite countertops, and modern cabinetry, along with beautifully renovated bathrooms showcasing contemporary fixtures and tiling. The separate ADU is also very modern with white shaker cabinets and updated finishes. While the visible components are in excellent condition, the property's age suggests that core systems (plumbing, electrical, HVAC) may not have been fully replaced to 'virtually new' standards, aligning it with a 'Good' rating rather than 'Excellent'.
Pros & Cons
Pros
Income Potential / Multi-Generational Living: The property includes a separate 1-bedroom, 1-bath ADU (Accessory Dwelling Unit), offering significant flexibility for rental income or accommodating multi-generational families.
Prime Long Beach Location: Ideally situated near the iconic Traffic Circle, providing excellent access to the beach, shopping, dining, and major freeways, enhancing convenience and desirability.
Charming Cottage-Style Architecture: A delightful cottage-style bungalow that blends timeless charm with a cozy, homey feel, appealing to buyers seeking character and warmth.
Versatile Living Spaces: The combination of a 3-bedroom, 3-bath main house and a separate ADU offers versatile living arrangements suitable for various lifestyle needs.
High Bedroom/Bathroom Count: With a total of 4 bedrooms and 4 bathrooms across the main house and ADU, the property provides ample space and facilities for residents and guests.
Cons
Age of Property & Potential for Updates: Built in 1923, the property's age may imply the need for potential updates to core systems (e.g., plumbing, electrical, HVAC) that are not explicitly mentioned as modernized.
Lack of Desirable Views: The property description explicitly states 'view: None,' which could be a drawback for buyers seeking scenic vistas in a coastal city like Long Beach.
Proximity to Traffic Circle: While offering excellent access, being 'near the iconic Traffic Circle' could potentially lead to increased traffic noise and congestion, impacting the property's tranquility.