
Long Beach, California 90803
This coastal residence represents a Strong Value Opportunity, listed at $2,000,000—positioned well below the $2,149,420 Fair Market Value by 6%. This valuation gap provides $149,420 in Instant Equity. Featuring an unobstructed panoramic ocean view and a Condition Rating of 4, the property offers significant potential for modernization. Located within the Long Beach Unified district, including the 10/10 rated Naples Elementary, this home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a prime Belmont Shore lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4821 E Ocean Blvd Ab Subject | $2,000,000* List Price | 4 | 3 | 2,524 | $852 | - |
A 164 Granada Avenue Sold | $1,555,000 | 4 | 3 | 2,379 | $654 | 0.3 mi |
B 5433 E The Toledo Sold | $2,550,000 | 4 | 4 | 3,041 | $839 | 0.7 mi |
C 34 Ximeno Avenue Sold | $1,600,000 | 4 | 2 | 1,696 | $943 | 0.2 mi |
D 158 Santa Ana Avenue Pending | $2,049,000 List Price | 3 | 3 | 2,548 | $804 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976, this 50-year-old property is well-maintained but dated. The listing lacks mention of recent renovations to the kitchen, bathrooms, or major systems (HVAC/Electric), suggesting the interior likely requires modernization to meet current market standards.
Elementary School: Naples Elementary School (10/10).
Situated directly across from the beach on iconic Ocean Boulevard, this property offers unparalleled access to the shoreline, Dog Beach, and the vibrant shopping and dining district of 2nd Street.
The residence is located within the boundaries of highly-rated schools, including Lowell Elementary (9/10) and Naples Elementary (10/10), making it a premier choice for families.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2745, living area = 2524.
The lot size of 2,745 square feet is nearly identical to the home's interior square footage, indicating a lack of private yard or garden space typical of high-density coastal lots.
Experience the best of Belmont Shore living from this spacious coastal residence ideally situated along iconic Ocean Boulevard, directly across from the beach. Offering generous square footage, multiple outdoor spaces, and inviting living areas, this home captures the essence of Southern California living. Enjoy easy access to Dog Beach, Alamitos Bay, and the vibrant shops and dining along 2nd Street. Whether you're seeking a primary residence or a beachside retreat, this exceptional location delivers the perfect combination of convenience, lifestyle, and endless ocean breezes.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.7 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,524 | 1,556.5 |
| Lot Size | 2,745 | 5,910 |
| Price | $2.00M | $1.02M |
| Price per sq ft | $792 | $721 |
| Built year | 1976 | 1949 |
| HOA | $0 | $240 |
| Days on market | 42 | 46 |
Jun 10, 2026
$2,000,000
Initial Listing
Jan 28, 1999
$419,000
Public Record