475 E Hullett, Long Beach, California 90805, Long Beach, 90805 - 2 bed, 1 bath

475 E Hullett, Long Beach, California 90805 home-pic-0

475 E Hullett

Long Beach, California 90805

ACTIVE
CONDITION: GOOD
2Beds
1Baths
936Sq Ft
5,885Lot Size

Property Price

LIST PRICE$675,000
EST. MARKET VALUE
$708,510
4% BelowMARKET VALUE

SUMMARY

Analysis of 475 E Hullett, Long Beach, California 90805 reveals a Prime Investment Opportunity with a current list price of $675,000—significantly undercutting the $708,510 Fair Market Value by 4%. This valuation gap indicates a +$33,510 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$708,510 +$33,510 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Long Beach.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
475 E Hullett
Subject
$675,000*
List Price
21936$757-
A
265 E Norton Street
Sold
$720,00021886$8130.3 mi
B
360 E 59th
Sold
$720,000211,014$7100.1 mi
C
6010 Linden Avenue
Sold
$745,00021816$9130.2 mi
D
5525 Myrtle Avenue
Sold
$760,000211,063$7150.4 mi
E
5960 Lime Avenue
Sold
$715,000211,014$7050.2 mi
F
166 E Osgood Street
Sold
$675,00021763$8850.3 mi
G
6034 Lime
Active
$749,900
List Price
21844$8890.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Although originally built in 1928, the property is move-in ready and has undergone significant updates. The kitchen is modernized with granite countertops, updated cabinetry, and a stainless steel range hood. The interior features updated tile and laminate flooring, dual-pane windows, and a renovated bathroom. While not a brand-new construction, the home is well-maintained with no immediate repairs required, fitting the 'good' condition criteria.

PROSSTRENGTHS & OPPORTUNITIES

  • ADU & Value-Add Potential

    The detached garage and spacious 5,883 sq ft lot provide an excellent opportunity to develop an Accessory Dwelling Unit (ADU), offering significant potential for rental income or increased property value.

  • Modernized Interior

    The home is move-in ready with key upgrades including a remodeled kitchen with granite countertops, energy-efficient dual-pane windows, and updated tile and laminate flooring throughout.

  • Ample Parking and Storage

    The property features an oversized lot with a large covered driveway and two storage sheds, providing rare and extensive space for multiple vehicles and outdoor equipment.

CONSRISKS & DEFICIENCIES

  • Limited Living Space

    At just 936 square feet with only two bedrooms and one bathroom, the compact footprint may be a constraint for growing families or those needing a home office.

  • Vintage Infrastructure

    Built in 1928, the property may have underlying age-related maintenance requirements for plumbing or electrical systems that are common in homes of this era despite cosmetic updates.

About 475 E Hullett

Charming North Long Beach bungalow offering 2 bedrooms, 1 bathroom, and 936 sq ft of living space on a spacious 5,883 sq ft lot. This home blends classic character with modern upgrades. The kitchen features granite countertops, dual stainless-steel sinks, a modern range hood, and beautiful cabinetry. Tile flooring runs throughout most of the home, with laminate wood flooring in the bedrooms. Dual-pane windows add efficiency and peace of mind. The oversized lot offers ample rear parking, a huge covered driveway providing shade, and two storage sheds for additional storage space. The detached garage presents ADU potential, creating an excellent opportunity for added value. Convenient hallway laundry and thoughtful upgrades throughout make this home move-in ready. Great opportunity in North Long Beach close to freeways, shopping, and schools.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1928
Lot Size
5,885 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
46%
Baths1.01.0
50%
Square foot9361,118.5
25%
Lot Size5,8855,418
62%
Price$675.0K$720.0K
34%
Price per sq ft$721$650
70%
Built year19281943
11%
HOA$0$0
50%
Days on market3165
2%

Pricing History

Listed for Sale

Mar 4, 2026

$675,000

Initial Listing

Sold

Oct 14, 2021

$550,000

Public Record

Sold

Nov 18, 2009

$245,000

Public Record

Sold

Mar 6, 2008

$200,000

Public Record

Sold

Apr 1, 1998

$106,500

Public Record

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