4818 Premiere Avenue, Long Beach, California 90808, Long Beach, 90808 - 2 bed, 2 bath
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4818 Premiere Avenue
Long Beach, California 90808
ACTIVE UNDER CONTRACT
CONDITION: FAIR
2Beds
2Baths
1,130Sq Ft
5,300Lot Size
Property Price
LIST PRICE$899,000
EST. MARKET VALUE
$846,376
6% AboveMARKET VALUE
SUMMARY
This Lakewood Village Single Family Residence represents a High-Potential Investment Opportunity, listed at $899,000—positioned above the $846,377 Fair Market Value. While the price reflects a premium, the property features a Condition Rating of 4, highlighted by a Paid-Off Tesla Solar Roof, Powerwalls, and EV charger. The home offers a flexible floor plan with a den and a private patio. Located near top-rated schools like Bancroft Middle and Twain Elementary, this is an ideal acquisition for Energy-Conscious Homeowners or Long-Term Investors seeking modern infrastructure in a prime Long Beach location.
Estimated Market Value
$846,376
Based on Realkey algorithm analyzing recent comparable sales in Long Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4818 Premiere Avenue Subject | $899,000* List Price | 2 | 2 | 1,130 | $749 | - |
A 4850 Sunfield Avenue Sold | $950,000 | 3 | 2 | 1,430 | $664 | 0.2 mi |
B 4849 Pearce Active | $999,999 List Price | 3 | 2 | 1,382 | $724 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property features significant modern system upgrades including a Tesla Solar Roof and Powerwalls (2020). However, the interior is aesthetically dated with a kitchen and bathrooms that appear to be 20-30 years old, featuring oak cabinetry, older tile work, and popcorn ceilings, indicating a need for cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- Advanced Energy Infrastructure
The property features a fully paid-off Tesla Solar Roof installed in 2020, two Tesla Powerwalls, and an EV charger, providing exceptional energy efficiency and backup power capabilities.
- Prime Lakewood Village Location
Situated in a highly sought-after neighborhood, the home is conveniently located near top-rated schools like Bancroft Middle and Twain Elementary, as well as local parks and dining.
- Flexible Living Space
The inclusion of a den alongside the two bedrooms offers valuable versatility, serving as an ideal space for a home office, nursery, or creative studio.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
- Limited Square Footage
At 1,130 square feet, the interior living space is relatively compact, which may be a constraint for buyers seeking larger bedrooms or expansive common areas.
- Potential for Modernization
Built in 1950 and described as an opportunity to 'make it your own,' the property likely requires additional investment for cosmetic updates to meet contemporary aesthetic standards.
About 4818 Premiere Avenue
Welcome to this charming Long Beach home in Lakewood Village! This well-cared-for property features 2 bedrooms plus a den and 1 & ¾ bathrooms, offering a wonderful opportunity to make it your own! A standout feature is the PAID OFF Tesla Solar Roof, installed in 2020, along with two Tesla Powerwalls and an EV charger, providing modern energy efficiency and backup power capabilities. Ideally located near community parks, highly rated public and private schools and churches, shopping, and dining, with convenient access to Long Beach Airport. With modern energy upgrades and a sought-after Long Beach location, this is a special opportunity you won't want to miss.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 5,300 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Long Beach Unified Schools
Twain Elementary School
Grades K-5 • 0.5 mi
7/10
Holmes Elementary School
Grades K-5 • 1.1 mi
8/10
Burcham Elementary School
Grades K-5 • 1.7 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,130 | 1,519.995 |
| Lot Size | 5,300 | 5,807.524 |
| Price | $899.0K | $1.03M |
| Price per sq ft | $796 | $728 |
| Built year | 1950 | 1948 |
| HOA | $0 | $259 |
| Days on market | 20 | 48 |
Pricing History
Listed for Sale
Aug 20, 2026
$899,000
Initial Listing
Sold
May 3, 1991
$250,000
Public Record
Sold
Dec 20, 1967
$19,000
Public Record