
Long Beach, California 90808
This Turnkey Multigenerational Residence is a Strong Value Opportunity, listed at $2,049,900—positioned well below the $2,027,113 Fair Market Value (Note: Appraisal at $2.2M). This valuation gap offers $150,090 in Instant Equity based on the appraisal. Featuring an Excellent Condition Rating, the home includes a brand-new detached ADU and high-end white oak finishes. Located in the Long Beach Unified district with access to top-rated schools, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, high-yield asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4529 Pepperwood Avenue Subject 7 bd · 6 ba · 3,697 sqft · $538 | $1,949,800* List Price | 7 | 6 | 3,697 | $538 | - |
A 4851 Faculty Sold 6 bd · 5 ba · 2,514 sqft · $602 · 0.5 mi | $1,512,500 | 6 | 5 | 2,514 | $602 | 0.5 mi |
B 4826 Faculty Avenue Active 5 bd · 4 ba · 3,249 sqft · $516 · 0.5 mi | $1,675,000 List Price | 5 | 4 | 3,249 | $516 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive high-end renovation within the last 5 years, featuring a brand-new kitchen with white oak cabinetry, modern designer bathrooms with premium tile and fixtures, and updated flooring throughout. The addition of a brand-new detached ADU and the turnkey condition of all systems and finishes meet the criteria for excellent condition.
The main residence features a rare configuration of three private primary suites among its six bedrooms, offering unparalleled flexibility for large families, co-living, or high-end guest privacy.
A brand-new, 474-square-foot detached ADU with a separate entrance and full kitchen provides immediate potential for rental income or a completely independent living space.
Listed at $2,049,900 with a recent appraisal of $2.2M, the property offers significant immediate value and equity for the buyer in the highly desirable Lakewood Village area.
The property was recently sold within the past year on 2025-12-03. The sold price is $1,000,000.00.
With nearly 3,700 square feet of total living area across two structures on a 7,367-square-foot lot, the remaining outdoor space may feel constrained for buyers seeking a large backyard.
The property does not offer any significant views, which may be a drawback for luxury-tier buyers comparing this home to others at a similar price point in the region.
Seller credit offered towards rate buy down or closing costs! APPRAISED AT at 2.2m. Instant equity for the buyer. 4529 Pepperwood Ave is a truly exceptional residence set in the highly desirable Lakewood Village, masterfully remodeled to deliver scale, style, and unmatched flexibility. Spanning 3,223 square feet, the main home offers 6 bedrooms and 5 bathrooms, including three private primary suites—an incredibly rare layout ideal for multigenerational living, extended guests, or maximizing comfort and privacy throughout the home. Designed with a sophisticated modern warmth, the interiors showcase beautiful white oak finishes, striking baths, expansive open living spaces, and a stunning kitchen that flows seamlessly into the dining area, creating an effortless setting for both daily living and elevated entertaining. Every detail has been thoughtfully and carefully curated to create a home that feels both refined and functional. Adding even more value is the brand-new detached ADU of 474 square feet with its own separate entrance, complete with 1 bedroom, 1 bathroom, and a beautifully appointed white oak kitchen. The perfect set up for guests, rental income, or independant living quarters. This added space gives the property remarkable versatility and value. From the stunning curb appeal to the high-end interior transformation, this is a turnkey property that delivers both beauty and function in one of Long Beach’s most desirable residential settings.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 3.0 |
| Baths | 6.0 | 2.0 |
| Square foot | 3,697 | 1,516.237 |
| Lot Size | 7,367 | 5,828.075 |
| Price | $1.95M | $1.04M |
| Price per sq ft | $527 | $730 |
| Built year | 1939 | 1949 |
| HOA | $0 | $331 |
| Days on market | 47 | 49 |
Oct 23, 2026
$1,949,800
$1,949,900
+0% Price Increase
Initial Listing
Oct 14, 2026
$1,949,900
$1,974,900
-1% Price Drop
Initial Listing
Oct 4, 2026
$1,974,900
$1,975,000
+0% Price Increase
Initial Listing
Sep 22, 2026
$1,975,000
$2,049,800
-4% Price Drop
Initial Listing
Sep 17, 2026
$2,049,800
$2,049,900
+0% Price Increase
Initial Listing
Sep 8, 2026
$2,049,900
Initial Listing
Dec 3, 2025
$1,000,000
Public Record