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4485 Myrtle Avenue, Long Beach, California 90807, Long Beach, 90807 - 6 bed, 4 bath

4485 Myrtle Avenue, Long Beach, California 90807 home-pic-0
ACTIVE$2,290,000$3,563/sqft
Est. Value: $1,616,314
-29%
AboveEstimate
4485 Myrtle Avenue, Long Beach, California 90807
6Beds
4Baths
3,563Sqft
13,335Lot

Price Vs. Estimate

The estimated value ($1,616,313.635) is $673,686.365 (29%) lower than the list price ($2,290,000). This property may be overpriced.

Key pros and cons

Top Pros:
Architectural Charm & Grandeur: This magnificent Spanish-style estate, built in 1933, boasts a grand fireplace and multiple French doors, creating a serene resort-like ambiance and strong curb appeal.
Top Cons:
Significant Overpricing: The current list price of $2.29 million is substantially higher than the property's estimated value of $1.616 million, indicating a potential 29% overestimation that may challenge marketability.

Compared to the nearby listings

Price:$2.29M vs avg $1.07M (+$1,220,500)94%
Size:3,563 sqft vs avg 1,839 sqft95%
Price/sqft:$643 vs avg $64450%

More Insights

Built in 1933 (93 years old).
Condition: This 1933 Spanish-style estate is well-maintained and boasts charming architectural details. While the kitchen has been 'tastefully remodeled in recent years' with modern stainless steel appliances and a farmhouse sink, the tiled countertops and terra cotta flooring present a dated aesthetic. One bathroom features a more contemporary glass shower, but another retains a distinctly vintage black and white tile design. A significant drawback for a home of this caliber is the apparent lack of central air conditioning, with window units visible in exterior photos. The property is move-in ready but shows a mix of updates and original/older features, indicating that major components are functional but some show signs of being outdated, requiring minor updates to meet current buyer expectations for modern amenities and style.
Year Built
1933
Close
-
List price
$2.29M
Original List price
$2.2M
Price/Sqft
$643
HOA
-
Days on market
-
Sold On
-
MLS number
OC25001533
Home ConditionFair
Features
Pool
Patio
ViewNeighborhood

About this home

Experience the elegance of this magnificent Spanish-style estate in Bixby Knolls, offering 6 bedrooms, 4 bathrooms, and 3,563 square feet of luxurious living space. The living room, adorned with multiple French doors that open to both the veranda and the backyard, boasts a grand fireplace, evoking the ambiance of a serene resort. A formal dining room features a large window and French doors leading to the backyard, perfect for gatherings. The kitchen and breakfast nook were tastefully remodeled in recent years, blending modern convenience with timeless style. The versatile downstairs bedroom has been converted into a cozy family room equipped with a sound system. Upstairs, you’ll find five spacious bedrooms, including a big sized primary bedroom. The property offers ample parking with four garages, one of which is designed to accommodate a boat or RV. Two upper-level balconies provide charming views—one overlooking Claiborne Street and the other overlooking the beautiful backyard with its inviting swimming pool. This home is a true entertainer's delight, combining sophistication and comfort in every detail.

F
Fay Abed
Listing Agent

Price History

Date
Event
Price
05/27/94
Sold
$374,500
07/14/05
Sold
$1,325,000
Condition Rating
Fair
This 1933 Spanish-style estate is well-maintained and boasts charming architectural details. While the kitchen has been 'tastefully remodeled in recent years' with modern stainless steel appliances and a farmhouse sink, the tiled countertops and terra cotta flooring present a dated aesthetic. One bathroom features a more contemporary glass shower, but another retains a distinctly vintage black and white tile design. A significant drawback for a home of this caliber is the apparent lack of central air conditioning, with window units visible in exterior photos. The property is move-in ready but shows a mix of updates and original/older features, indicating that major components are functional but some show signs of being outdated, requiring minor updates to meet current buyer expectations for modern amenities and style.
Pros & Cons

Pros

Architectural Charm & Grandeur: This magnificent Spanish-style estate, built in 1933, boasts a grand fireplace and multiple French doors, creating a serene resort-like ambiance and strong curb appeal.
Spacious & Versatile Living: With 6 bedrooms and 3,563 square feet, including a large primary bedroom and a versatile downstairs family room, the property offers ample space for diverse living arrangements.
Entertainer's Backyard with Pool: The property is a true entertainer's delight, featuring a beautiful backyard with an inviting swimming pool, veranda access from the living room, and French doors from the formal dining room.
Tastefully Remodeled Kitchen: The kitchen and breakfast nook have been tastefully remodeled in recent years, offering modern convenience while retaining a timeless style, a key feature for contemporary buyers.
Ample Parking & Storage: The inclusion of four garages, one specifically designed to accommodate a boat or RV, provides exceptional parking and storage solutions, adding significant practical value.

Cons

Significant Overpricing: The current list price of $2.29 million is substantially higher than the property's estimated value of $1.616 million, indicating a potential 29% overestimation that may challenge marketability.
Potential for Deferred Maintenance/Outdated Systems: As a 1933-built home, despite some recent kitchen remodels, there's an implied risk of older, un-updated major systems (e.g., plumbing, electrical, roofing) that could require significant future investment.
Absence of Central Cooling System: The property description does not mention a central air conditioning system, which is a standard expectation for luxury homes in California and could be a notable comfort drawback during warmer periods.
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