
Long Beach, California 90807
Analysis of 4485 Myrtle, Long Beach, California 90807 is currently available with a list price of $2,100,000. 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.
Property is extensive renovation needed.
Built in 1933 with no mention of recent renovations. The 'short sale' status and 'tremendous potential' description are industry indicators of significant deferred maintenance. Given the age (>30 years without reno) and the need for a full rehab of systems, kitchen, and baths to meet modern standards, it falls into the poor category.
Located in the highly sought-after Bixby Knolls area, this property benefits from a prime location known for its historic charm, community atmosphere, and proximity to upscale dining and shopping.
The property features an impressive 13,335 square foot lot, offering significant outdoor space and privacy that is rare for the Long Beach residential market.
This 1933 Spanish-style home provides substantial living space with 6 bedrooms and nearly 3,000 square feet, offering unique historic details and great potential for a custom restoration.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2944, other record living area = 3563.
As a short sale subject to lender approval, the transaction may involve a lengthy and unpredictable closing timeline, which can be a deterrent for buyers with strict moving schedules.
The description of 'tremendous potential' and the short sale status suggest the home may require significant additional investment for repairs, modernization, and structural updates.
Short Sale Opportunity! located in the highly sought-after Bixby Knolls neighborhood of Long Beach, this Spanish style home offers 6 bedrooms, 4 bedrooms, and over 3,500 Sqft of living space on a large lot. Conveniently located near shopping, dinning, parks and major freeways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 2.0 |
| Baths | 4.0 | 1.0 |
| Square foot | 2,944 | 3,223 |
| Lot Size | 13,335 | 5,410.5 |
| Price | $2.10M | $1.78M |
| Price per sq ft | $713 | $377 |
| Built year | 1933 | 1923 |
| HOA | $0 | $0 |
| Days on market | 43 | 108 |
Jun 17, 2026
$2,100,000
$1,800,000
+17% Price Increase
Initial Listing
Jun 9, 2026
$1,800,000
Initial Listing
Jul 14, 2005
$1,325,000
Public Record
May 27, 1994
$374,500
Public Record