4516 Walnut Avenue, Long Beach, California 90807, Long Beach, 90807 - 3 bed, 1 bath
ACTIVE$795,000$1,000/sqft
Est. Value: $824,536
3%
BelowEstimate
4516 Walnut Avenue, Long Beach, California 90807
3Beds
1Bath
1,000Sqft
6,117Lot
Price Vs. Estimate
The estimated value ($824,536.165) is $29,536.165 (3%) higher than the list price ($795,000). This property may be underpriced.
Key pros and cons
Top Pros:
Prime Location & Neighborhood: Situated in the highly desirable Bixby Knolls neighborhood, offering excellent walkability to Cherry Avenue Park and the Long Beach Exchange shopping center, including Whole Foods, dining, and retail.
Top Cons:
Limited Bathroom Count: With only one bathroom for three bedrooms, this could be a functional constraint for families or multiple occupants, potentially requiring future expansion or renovation.
Compared to the nearby listings
Price:$795.0K vs avg $1.05M ($-253,000)16%
Size:1,000 sqft vs avg 1,790 sqft10%
Price/sqft:$795 vs avg $65080%
More Insights
Built in 1944 (82 years old).
Condition: Despite being built in 1944, the property is move-in ready with significant updates. The kitchen features modern white shaker cabinets, dark granite countertops, and stainless steel appliances. The bathroom has an updated vanity, mirror, lighting, and subway tile. Hardwood floors are well-maintained throughout the living areas and bedrooms. A new water heater is mentioned, indicating recent system updates. While the kitchen and bathroom floor tiles might be an older update, the overall condition is clean, functional, and requires no immediate renovations, aligning with the 'Good' criteria for properties extensively renovated within 5 to 15 years.
Year Built
1944
Close
-
List price
$795K
Original List price
$795K
Price/Sqft
$795
HOA
-
Days on market
-
Sold On
-
MLS number
26639721
Home ConditionGood
Features
Good View:
Patio
View
About this home
Charming single-level 3BR/1BA home in the desirable Bixby Knolls neighborhood of Long Beach. Ideally located walking distance to Cherry Avenue Park and the Long Beach Exchange shopping center with Whole Foods, dining, and retail. Features include real hardwood floors, stainless steel appliances, new water heater, and a bright, functional layout. Enjoy a spacious backyard with lush grass and a detached two-car garage offering excellent ADU potential (buyer to verify). A perfect starter home with room to grow in a prime location.
A
Anastasia Koroleva
Listing Agent
Price History
Date
Event
Price
05/15/00
Sold
$189,000
04/07/20
Sold
$625,000
05/26/06
Sold
$532,500
05/30/02
Sold
$260,000
11/20/01
Sold
$195,000
Condition Rating
Good
Despite being built in 1944, the property is move-in ready with significant updates. The kitchen features modern white shaker cabinets, dark granite countertops, and stainless steel appliances. The bathroom has an updated vanity, mirror, lighting, and subway tile. Hardwood floors are well-maintained throughout the living areas and bedrooms. A new water heater is mentioned, indicating recent system updates. While the kitchen and bathroom floor tiles might be an older update, the overall condition is clean, functional, and requires no immediate renovations, aligning with the 'Good' criteria for properties extensively renovated within 5 to 15 years.
Pros & Cons
Pros
Prime Location & Neighborhood: Situated in the highly desirable Bixby Knolls neighborhood, offering excellent walkability to Cherry Avenue Park and the Long Beach Exchange shopping center, including Whole Foods, dining, and retail.
ADU Potential: The detached two-car garage presents a significant opportunity for conversion into an Accessory Dwelling Unit (ADU), which could provide additional income or living space (buyer to verify).
Desirable Interior Features: The home boasts real hardwood floors, stainless steel appliances, and a new water heater, enhancing its appeal and reducing immediate upgrade needs for a new owner.
Functional Layout & Single-Level Living: A bright, functional single-level layout offers convenience and accessibility, making it suitable for a wide range of buyers, including those seeking a starter home.
Spacious Outdoor Space: The property features a spacious backyard with lush grass, providing a private and inviting area for outdoor relaxation, entertaining, or potential landscaping enhancements.
Cons
Limited Bathroom Count: With only one bathroom for three bedrooms, this could be a functional constraint for families or multiple occupants, potentially requiring future expansion or renovation.
Age of Property: Built in 1944, the home may have older infrastructure or systems that could require maintenance or updates beyond what is immediately visible, potentially incurring future costs.
Absence of Central Air Conditioning: The property description does not mention central air conditioning, which could be a significant drawback during warmer months in Long Beach and a potential costly upgrade.