4901 Virginia, Long Beach, California 90805, Long Beach, 90805 - 3 bed, 2 bath
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4901 Virginia
Long Beach, California 90805
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,074Sq Ft
4,359Lot Size
Property Price
LIST PRICE$650,000
EST. MARKET VALUE
$645,180
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $650,000—positioned slightly above the $645,180 Fair Market Value. While not a deep discount, the property features a Fair Condition Rating and significant value-add potential through its ADU-ready lot and modern energy upgrades, including a paid-off solar system and Tesla charger. These capital improvements mitigate renovation risks, making it a strategic asset for Buy-and-Hold Investors or Contractors seeking to maximize rental income in a high-demand, commuter-friendly Long Beach location.
Estimated Market Value
$645,180
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 |
|---|---|---|---|---|---|---|
★ 4901 Virginia Subject | $650,000* List Price | 3 | 2 | 1,074 | $601 | - |
A 341 E Ellis Sold | $720,000 | 3 | 1 | 1,360 | $529 | 1.0 mi |
B 80 St W Arbor Sold | $637,777 | 2 | 1 | 874 | $730 | 0.1 mi |
C 331 E Silva Sold | $755,000 | 3 | 1 | 1,228 | $615 | 0.5 mi |
D 471 E Platt Street Sold | $650,000 | 2 | 1 | 958 | $678 | 0.7 mi |
E 352 E 49th Sold | $700,000 | 3 | 2 | 1,420 | $493 | 0.5 mi |
F 156 E 49th Active | $739,000 List Price | 3 | 1 | 1,284 | $576 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1939 and explicitly marketed as a 'fixer,' the property features a dated kitchen with older oak cabinetry and requires cosmetic TLC throughout. While the interior is dated (>20 years), the score is supported by recently upgraded major systems including central HVAC, a paid-off solar system, and a Tesla charger, which prevents a 'poor' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Energy Upgrades
The property features a fully paid-off solar system and an installed Tesla charger, providing significant immediate value and long-term utility savings for the buyer.
- ADU & Value-Add Potential
The generous lot size offers a clear opportunity for an Accessory Dwelling Unit (ADU), creating a strong path for rental income or a multi-unit investment strategy.
- Strategic Commuter Location
Ideally situated near the 710 and 405 freeways and just 10 minutes from Long Beach Airport, the location is highly attractive for tenants and professionals.
CONSRISKS & DEFICIENCIES
- Fixer-Upper Condition
The home requires significant TLC and renovation, meaning the buyer must have a contractor and additional capital ready to address the property's current state.
- Limited Interior Square Footage
With only 1,074 square feet to accommodate three bedrooms, the interior layout may feel cramped and could limit appeal for families seeking larger living spaces.
About 4901 Virginia
ADU Potential!! Value-add opportunity in North Long Beach with major systems already upgraded. This 3-bedroom, 1.5-bath home comes equipped with central A/C, a fully paid-off solar system, and a Tesla charger already installed — reducing your capital improvement list from day one. Prime location just 1 mile from Virginia Country Club, 10 minutes to Long Beach Airport, and quick access to both the 710 and 405 freeways — a strong draw for future tenants or buyers. The generous lot also offers ADU potential, opening the door to additional rental income or a multi-unit strategy. Property is a fixer in need of TLC — priced to reflect the work needed and the upside for the right buyer. Bring your contractor and your vision. This one won’t last — schedule your showing today.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1939
- Lot Size
- 4,359 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,074 | 1,519.995 |
| Lot Size | 4,359 | 5,807.524 |
| Price | $650.0K | $1.03M |
| Price per sq ft | $605 | $728 |
| Built year | 1939 | 1948 |
| HOA | $0 | $259 |
| Days on market | 14 | 48 |
Pricing History
Listed for Sale
Aug 26, 2026
$650,000
Initial Listing
Sold
Nov 22, 1995
$115,000
Public Record