
Long Beach, California 90807
This Single Family Residence represents a Prime Investment Opportunity, listed at a List Price of $799,500—positioned well below the $822,776 Fair Market Value by 2%. This valuation gap provides $23,276 in Instant Equity. Featuring a Condition Rating of 3, the home offers a functional layout with modern updates, including a refreshed galley kitchen and recessed lighting. The detached garage provides significant ADU potential for rental income. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value in the Bixby Area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4558 Pasadena Avenue Subject | $799,500* List Price | 3 | 1 | 1,005 | $819 | - |
A 4472 Gundry Sold | $836,000 | 3 | 1 | 1,080 | $774 | 0.8 mi |
B 4316 Falcon Sold | $900,000 | 3 | 1 | 1,156 | $779 | 0.9 mi |
C 4516 Walnut Avenue Sold | $880,000 | 3 | 1 | 1,000 | $880 | 1.0 mi |
D 4521 Whaley Sold | $735,000 | 2 | 1 | 806 | $912 | 0.1 mi |
E 210 E 46th Street Pending | $785,000 List Price | 3 | 1 | 1,015 | $773 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1945, the property has undergone significant cosmetic updates including recessed lighting, newer laminate flooring, and a refreshed galley kitchen with stone countertops and stainless steel appliances. The home appears well-maintained and move-in ready, fitting the 5-15 year renovation profile, though the single bathroom and older cabinet styles suggest it is not a recent top-to-bottom remodel.
Situated in the highly sought-after Bixby Area, the property offers exceptional proximity to Scherer Park and the vibrant Atlantic Corridor, known for its popular dining, shopping, and community events.
The detached two-car garage presents a significant opportunity for an Accessory Dwelling Unit (ADU), providing flexibility for rental income, a home office, or multigenerational living.
A large front-facing window and recessed lighting throughout ensure the home feels bright and inviting, highlighting the functional layout and cozy fireplace.
With only one bathroom serving three bedrooms, the property may pose a challenge for larger households or buyers accustomed to modern multi-bath configurations.
At just 1,005 square feet, the interior living area is relatively small for a three-bedroom home, which may limit furniture options and overall spaciousness.
Welcome to 4558 Pasadena Avenue, a charming 3-bedroom, 1-bathroom home offering approximately 1,005 square feet of living space on a 5,415 square foot lot with a layout that feels warm, functional, and full of potential. Inside, the home features recessed lighting throughout, a galley-style kitchen, and a spacious living room anchored by a fireplace that naturally draws the space together. A large front-facing living room window allows natural light to pour into the home throughout the day, giving the interior an open and inviting feel. The floor plan is practical and easy to live in while still offering a future owner the ability to personalize and modernize over time. The detached two-car garage creates strong ADU potential for multigenerational living, supplemental rental income, or additional workspace, adding a level of long-term flexibility that buyers continue to prioritize in today’s market. Located in the heart of the Bixby Area, the home is just minutes from the Atlantic Corridor, where residents can enjoy some of Long Beach’s most popular restaurants, coffee shops, breweries, and community events, including the well-known First Fridays that continue to make Bixby Knolls one of the most vibrant pockets in the city. The property is also a stone’s throw away from Scherer Park, offering convenient access to walking trails, green space, playgrounds, and outdoor recreation. The home is additionally positioned near the 91, 405, and 710 freeways, creating accessibility for commuters traveling throughout Los Angeles and Orange County. Mature tree-lined streets, pride of ownership, and a true sense of community are what continue to make the Bixby Area one of Long Beach’s most sought-after neighborhoods. 4558 Pasadena Avenue presents an opportunity to secure a home with character, flexibility, and long-term potential in a location buyers continue to gravitate toward year after year.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 25% |
| Square foot | 1,005 | 1,736 | 13% |
| Lot Size | 5,415 | 6,407.5 | 18% |
| Price | $799.5K | $1.09M | 6% |
| Price per sq ft | $796 | $668 | 76% |
| Built year | 1945 | 1943 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 141 | 5% |
May 20, 2026
$799,500
Initial Listing
Mar 24, 2003
$286,000
Public Record