
Long Beach, California 90815
This 1956 Ranch-style home in Park Estates represents a High-Potential Investment Opportunity, listed at $1,995,000—positioned well above the $1,718,834 Fair Market Value by -16%. While the property requires modernization, its Fair Condition Rating and expansive 9,247 sqft corner lot provide a premier canvas for value-add renovations. Located in a top-tier district with Gant Elementary (10/10), this property offers significant long-term appreciation potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to customize a classic architectural asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5420 E El Jardin Street Subject | $1,995,000* List Price | 3 | 2 | 2,016 | $853 | - |
A 5440 E La Pasada Sold | $1,700,000 | 3 | 3 | 2,155 | $789 | 0.1 mi |
B 1591 Ramillo Sold | $1,630,240 | 3 | 3 | 1,976 | $825 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1956, this property is a well-preserved 'time capsule' that is meticulously maintained but aesthetically dated. While critical systems have been modernized (newer roof, central heating, and a 200-amp electrical panel), the kitchen and bathrooms feature original vintage fixtures and appliances that are over 60 years old, placing it in the 'Fair' category as it requires cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9247, living area = 2016.
Elementary School: Gant Elementary School (10/10).
Situated on an expansive 9,247 sqft corner lot in the highly coveted Park Estates, this property offers a serene, tree-lined setting in one of Long Beach's most prestigious neighborhoods.
While well-preserved, the 1956 vintage fixtures and appliances may require significant capital investment for buyers seeking modern amenities and contemporary finishes.
The property features central heating but lacks a modern cooling system, which may be a necessary and costly upgrade for comfort during warmer months.
Reminiscent of a bygone era, this lovely 1956 single level Ranch style home exudes character & quality of craftsmanship. Situated on a beautiful tree lined street in a serene, interior neighborhood location in highly coveted Park Estates, the expansive corner lot affords endless opportunities to make this premier offering your own. Meticulously & lovingly maintained by only two previous owners, this pristine home is steeped with architectural significance. From the warm & inviting foyer to the stunning living room with incredible stone fireplace, rich, solid wood paneled walls & soaring ceilings, to the charming kitchen & baths featuring exceptionally well-preserved vintage fixtures & appliances. Featuring 3 beds & 2 baths with an amazing & versatile floor plan. U-shaped footprint orients itself to the magnificent outdoor space by way of glass doors throughout; so, you’re always within sight of the secluded peacefulness of the grassy backyard, mature trees & lush foliage. Additional attributes include a detached 2 car garage with driveway parking, abundant storage & central heating, and a 200-amp electrical panel. If you’ve been searching for the perfect canvas to create your vision of home, look no further than this authentic & idyllic property.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,016 | 1,556.5 |
| Lot Size | 9,247 | 5,910 |
| Price | $2.00M | $1.02M |
| Price per sq ft | $990 | $721 |
| Built year | 1956 | 1949 |
| HOA | $0 | $240 |
| Days on market | 13 | 46 |
Jul 9, 2026
$1,995,000
Initial Listing