447 E Adair, Long Beach, California 90805, Long Beach, 90805 - 3 bed, 2 bath
ACTIVE$599,000$1,102/sqft
Est. Value: $603,742
%
FairlyEstimate
447 E Adair, Long Beach, California 90805
3Beds
2Baths
1,102Sqft
2,806Lot
Price Vs. Estimate
The estimated value ($603,741.555) is $4,741.555 (0%) lower than the list price ($599,000). This property may be overpriced.
Key pros and cons
Top Pros:
Value-Add Potential: The property is explicitly marketed as an ideal opportunity for investors, flippers, or buyers seeking to customize and add significant value through renovation.
Top Cons:
Requires Extensive Renovation: The property 'needs work,' indicating that significant investment and effort will be required for repairs, upgrades, and modernization.
Compared to the nearby listings
Price:$599.0K vs avg $726.0K ($-127,000)7%
Size:1,102 sqft vs avg 1,118.5 sqft46%
Price/sqft:$544 vs avg $64025%
More Insights
Built in 1977 (49 years old).
Condition: Built in 1977, this property is 47 years old and explicitly stated to 'need work,' making it ideal for investors or flippers. The kitchen features highly outdated cabinets, worn laminate countertops, old appliances (except for a newer fridge), and dated tile flooring, requiring a full renovation. Bathrooms are also largely outdated, with one showing some newer tile in the shower but still having an old vanity and floor. The exterior has visible stucco damage and overgrown landscaping. Overall, the property requires substantial repairs and rehabilitation to meet modern standards and comfort.
Year Built
1977
Close
-
List price
$599K
Original List price
$599K
Price/Sqft
$544
HOA
-
Days on market
-
Sold On
-
MLS number
SB25282048
Home ConditionPoor
Features
Patio
View-
About this home
Court confirmation required! Great opportunity to add value in North Long Beach! This 3-bedroom, 2-bathroom home offers 1,102 square feet of living space on a 2,787 square foot lot. The layout includes a laundry area off the kitchen and a detached 2-car garage in the backyard, providing potential for future upgrades or expansion. The property does need work, making it ideal for investors, flippers, or buyers ready to customize a home to their vision. Conveniently located near schools, shopping, and freeway access.
A
Alfredo Castro
Listing Agent
Price History
Date
Event
Price
01/14/00
Sold
$129,000
02/26/16
Sold
$325,000
11/08/11
Sold
$185,000
11/03/08
Sold
$257,000
03/30/07
Sold
$405,000
09/28/04
Sold
$315,000
Condition Rating
Poor
Built in 1977, this property is 47 years old and explicitly stated to 'need work,' making it ideal for investors or flippers. The kitchen features highly outdated cabinets, worn laminate countertops, old appliances (except for a newer fridge), and dated tile flooring, requiring a full renovation. Bathrooms are also largely outdated, with one showing some newer tile in the shower but still having an old vanity and floor. The exterior has visible stucco damage and overgrown landscaping. Overall, the property requires substantial repairs and rehabilitation to meet modern standards and comfort.
Pros & Cons
Pros
Value-Add Potential: The property is explicitly marketed as an ideal opportunity for investors, flippers, or buyers seeking to customize and add significant value through renovation.
Detached 2-Car Garage: Features a detached 2-car garage in the backyard, offering excellent potential for an Accessory Dwelling Unit (ADU) conversion, additional storage, or a workshop.
Convenient Location: Situated in North Long Beach with convenient access to schools, shopping centers, and major freeways, enhancing daily living and commute.
Practical Floor Plan: Offers a functional 3-bedroom, 2-bathroom layout with a dedicated laundry area off the kitchen, suitable for various household needs.
Single-Family Home in Long Beach: A standalone residential property in the desirable city of Long Beach, providing privacy and long-term appreciation potential.
Cons
Requires Extensive Renovation: The property 'needs work,' indicating that significant investment and effort will be required for repairs, upgrades, and modernization.
Court Confirmation Process: The sale is subject to court confirmation, which can introduce delays, additional legal complexities, and uncertainty for potential buyers.
Compact Lot Size: With a lot size of 2,787 square feet, the outdoor space is limited, which may not appeal to buyers desiring a larger yard or extensive landscaping.