456 E 61st Street, Long Beach, California 90805, Long Beach, 90805 - 3 bed, 2 bath
ACTIVE$784,990
456 E 61st Street, Long Beach, California 90805
3Beds
2Baths
1,138Sqft
5,978Lot
Price Vs. Estimate
The estimated value ($540,902.38) is $244,087.62 (31%) lower than the list price ($784,990). This property may be overpriced.
Key pros and cons
Top Pros:
Comprehensive Remodel: The property has undergone a beautiful and extensive remodel, including a fully renovated kitchen with granite countertops, new flooring throughout, and updated bathrooms, offering a move-in ready condition.
Top Cons:
Significant Overpricing: The current list price of $784,990 is substantially higher than the estimated property value of $540,902.38 and recent comparable sales, indicating it may be significantly overpriced for the market.
Compared to the nearby listings
Price:$785.0K vs avg $749.5K (+$35,540)75%
Size:1,138 sqft vs avg 1,142 sqft49%
Price/sqft:$690 vs avg $63365%
More Insights
Built in 1947 (78 years old).
Condition: Despite being built in 1947, this property has undergone a comprehensive and recent renovation, aligning with the 'extensively renovated within 5 years' criteria. The listing explicitly states a 'beautifully remodeled' interior, a 'fully renovated kitchen with granite countertops and ample cabinet space,' and that 'all flooring has been replaced.' Images confirm modern aesthetics with new laminate/vinyl plank flooring, dark shaker cabinets, light countertops, and recessed lighting. The inclusion of central heat and air, an updated master bathroom, and a garage with its own bathroom further indicates a significant and recent upgrade, making the property move-in ready with contemporary finishes and no deferred maintenance.
Year Built
1947
Close
-
List price
$785K
Original List price
$824K
Price/Sqft
$690
HOA
-
Days on market
-
Sold On
-
MLS number
SR25050362
Home ConditionExcellent
Features
Good View: City Lights
ViewCity Lights
About this home
This beautifully remodeled 3 bedroom 2 bathroom house is a must-see. Upon entering, you'll notice the expansive open space living room. The kitchen has been fully renovated with granite countertops and ample cabinet space perfect for the family chef. All flooring has been replaced. The master bedroom features its own bathroom. Central heat and air provide a comfortable climate. The garage has its own bathroom and can be used as a separate living quarters. Permitted as a garage. Nice sized back yard. Run don't walk to this amazing house in a very desirable neighborhood in Long beach.
Price History
Date
Event
Price
03/14/24
Sold
$779,000
03/04/11
Sold
$267,000
05/25/10
Sold
$206,000
03/25/05
Sold
$370,500
Condition Rating
Excellent
Despite being built in 1947, this property has undergone a comprehensive and recent renovation, aligning with the 'extensively renovated within 5 years' criteria. The listing explicitly states a 'beautifully remodeled' interior, a 'fully renovated kitchen with granite countertops and ample cabinet space,' and that 'all flooring has been replaced.' Images confirm modern aesthetics with new laminate/vinyl plank flooring, dark shaker cabinets, light countertops, and recessed lighting. The inclusion of central heat and air, an updated master bathroom, and a garage with its own bathroom further indicates a significant and recent upgrade, making the property move-in ready with contemporary finishes and no deferred maintenance.
Pros & Cons
Pros
Comprehensive Remodel: The property has undergone a beautiful and extensive remodel, including a fully renovated kitchen with granite countertops, new flooring throughout, and updated bathrooms, offering a move-in ready condition.
Versatile Garage with Bathroom: The detached garage includes its own bathroom and offers potential for use as a separate living quarters or future ADU conversion, adding significant flexibility and value.
Central HVAC System: Equipped with central heating and air conditioning, ensuring year-round comfort, which is a desirable feature for a home of this vintage.
Desirable Neighborhood: Located in a 'very desirable neighborhood in Long Beach,' enhancing its appeal, potential for appreciation, and quality of life for residents.
Open Concept Living & Master Suite: Features an expansive open-space living room and a master bedroom with its own private bathroom, catering to modern living preferences and providing enhanced privacy.
Cons
Significant Overpricing: The current list price of $784,990 is substantially higher than the estimated property value of $540,902.38 and recent comparable sales, indicating it may be significantly overpriced for the market.
Age of Property: Built in 1947, despite recent remodels, the underlying structure's age may present potential for unforeseen maintenance or system issues not covered by cosmetic updates.
Modest Interior Square Footage: With 1138 sqft, the interior living space is relatively modest for a 3-bedroom home, which might be a limiting factor for buyers seeking more spacious accommodations, especially at this price point.