
Long Beach, California 90808
This Renovated Coastal Cottage is a Strong Value Opportunity, listed at $1,099,000—positioned well below the $1,149,161 Fair Market Value by 4%. This valuation gap offers $50,161 in Instant Equity, further enhanced by a rare 2.75% Assumable Loan. The property boasts a Move-in-Ready Condition Rating, featuring a Detached Studio and a Resort-Style Pool. Located near Top-Rated K-8 Schools (rated 8/10), it balances lifestyle luxury with financial logic. This is an ideal acquisition for Owner-Occupants or Multi-Generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5335 E Harco Subject | $1,099,000* List Price | 4 | 4 | 1,447 | $760 | - |
A 5540 E Keynote Street Sold | $1,160,000 | 4 | 2 | 1,516 | $765 | 0.4 mi |
B 5417 E Harco Sold | $970,000 | 3 | 2 | 1,568 | $619 | 0.1 mi |
C 5312 E Flagstone Sold | $1,200,000 | 3 | 2 | 1,513 | $793 | 0.7 mi |
D 5423 E Walkerton Sold | $1,285,000 | 3 | 2 | 1,567 | $820 | 0.1 mi |
E 5222 E Parkcrest Street Sold | $1,125,000 | 3 | 2 | 1,570 | $717 | 0.2 mi |
F 5638 E Keynote Street Sold | $1,050,000 | 2 | 3 | 1,644 | $639 | 0.5 mi |
G 3628 Clark Active | $1,068,000 List Price | 4 | 3 | 1,535 | $696 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1944, the property has undergone extensive recent renovations that meet current quality standards. The kitchen is tastefully updated with butcher-block countertops and stainless steel appliances, bathrooms have been modernized, and the home features updated systems including central HVAC. With high-end finishes like hardwood flooring and a custom resort-style pool, the property shows no signs of deferred maintenance and is in move-in-ready condition.
The property features a rare 2.75% assumable loan, providing qualified buyers with a significant financial advantage and lower monthly payments compared to current market interest rates.
A separate 270 sq. ft. studio equipped with a kitchenette and bathroom offers excellent flexibility for multi-generational living, a private home office, or potential rental income.
The backyard is a premier entertainment space featuring a custom rock-style pool with a waterfall, slide, and bridge, paired with a covered patio for year-round Southern California living.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1447, other record living area = 1183.
The main residence's footprint is relatively small at approximately 1,159 sq. ft. for a 3-bedroom, 3-bathroom configuration, which may result in smaller individual room sizes.
The detached studio's permitted use and exact square footage require independent verification, which could present challenges regarding legal compliance or future valuation.
This Long Beach coastal cottage checks all the right boxes—starting with the financing. The home comes with a 2.75% assumable loan, giving qualified buyers the chance to secure a rare, below-market rate that’s almost impossible to find today. Inside the main home, you’ll find 3 bedrooms and 3 bathrooms across roughly 1,159 sq ft, plus a detached studio with a kitchenette and bath—about 270 sq ft of flexible space ideal for guests, extended family, or whatever suits your needs.Hardwood floors and abundant natural light create a warm, welcoming feel throughout. The living room leans into its beachside charm with shiplap walls, a custom wood-framed fireplace, and subtle surf-inspired details that feel thoughtfully curated. The kitchen has been tastefully updated with butcher-block countertops, a tile backsplash, stainless steel appliances, and a movable island that adds both style and function.The primary bedroom includes a private ensuite with a walk-in shower. The additional bedrooms offer great versatility—one is currently set up as a home office and includes its own full bathroom. An interior laundry room adds everyday convenience.Out back, the yard becomes its own retreat. The custom rock-style pool features a waterfall, slide, and bridge, while the covered patio with string lights sets the stage for year-round outdoor living—a true perk in Southern California. The detached studio offers even more possibilities with its kitchenette and bathroom, though buyers should independently verify permitted use and square footage. Additional highlights include central HVAC, updated bathrooms, ample driveway parking, and a welcoming front porch. With beaches, dining, and shopping nearby, this home is ready for its next chapter.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 75% |
| Baths | 4.0 | 2.0 | 94% |
| Square foot | 1,447 | 1,547 | 42% |
| Lot Size | 5,740 | 5,580 | 63% |
| Price | $1.10M | $1.07M | 54% |
| Price per sq ft | $760 | $717 | 63% |
| Built year | 1944 | 1953 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 91 | 166 | 22% |
Feb 26, 2026
$1,099,000
$1,150,000
-4% Price Drop
Initial Listing
Jan 21, 2026
$1,150,000
Initial Listing
Oct 13, 2021
$939,000
Public Record
Dec 10, 2010
$370,000
Public Record