551 W 8th Street, Long Beach, California 90813, Long Beach, 90813 - 3 bed, 2 bath
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551 W 8th Street
Long Beach, California 90813
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,338Sq Ft
2,489Lot Size
Property Price
LIST PRICE$854,900
EST. MARKET VALUE
$765,260
11% AboveMARKET VALUE
SUMMARY
This Single Family Residence represents a Strong Value Opportunity, listed at $854,900—positioned well above the $765,260 Fair Market Value. While the price reflects a premium, the property features a Condition Rating of 3, highlighted by extensive infrastructure upgrades including new Romex wiring, a modern electrical panel, and updated plumbing. Located in the historic Willmore District, this home offers prime urban walkability and significant curb appeal improvements. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready historic home.
Estimated Market Value
$765,260
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 |
|---|---|---|---|---|---|---|
★ 551 W 8th Street Subject | $854,900* List Price | 3 | 2 | 1,338 | $572 | - |
A 812 E 8th Street Sold | $660,000 | 4 | 2 | 1,313 | $503 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1906, the property has undergone significant system updates including a full electrical overhaul (Romex wiring and new panel) and plumbing improvements. The interior is well-maintained and move-in ready with modern fixtures, updated flooring, and fresh paint, though it lacks a full contemporary kitchen/bath remodel and central HVAC.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Infrastructure Upgrades
The property features significant modern updates including Romex wiring, a new electrical panel, and updated plumbing valves, addressing the typical maintenance concerns associated with a 1906 historic home.
- Prime Urban Walkability
Located in the historic Willmore District, this home boasts a high walkability factor with close proximity to downtown Long Beach attractions, diverse dining options, and local shopping.
- Enhanced Curb Appeal and Utility
Recent exterior improvements, such as the rebuilt retaining wall that added three feet of yard space and new fencing, maximize the functionality and aesthetic value of the outdoor living areas.
CONSRISKS & DEFICIENCIES
- Limited Lot Size
At just 2,489 square feet, the lot is relatively small for a single-family residence, which may restrict buyers looking for significant backyard space or future expansion opportunities.
- Lack of Central HVAC
The reliance on window air conditioning units instead of a central cooling system may be a drawback for buyers prioritizing modern climate control and energy efficiency.
About 551 W 8th Street
SO MANY UPGRADES!! Got to see this one! This craftsman style home is not only beautiful but is loaded with upgrades!! This home has 3 nice sized bedrooms, 2 baths, with a nice sunroom in front and plenty of natural sunlight throughout. Storage space in attic in upstairs hallway. New fencing and gates made a nice yard to play or entertain in. Replaced old knob and tubing with Romex wiring, new electric panel, new wall outlets in dining room, added dimmable recessed lighting in kitchen, a new faucet, an inside washer and dryer closet, and new clean out drain installed, removed floor outlets upstairs and replaced with wall outlets, ceiling lights in upstairs bedrooms were replaced with new modern ceiling fans, shower valves replaced and a new shower head added, old front yard retaining wall was rebuilt which added approx. 3 ft, to the front yard space. The hard to maintain grass between sidewalk was removed and replaced with pea gravel. Appliances are included as well as window air conditioners. All these upgrades added to this beautiful home for added value, your savings, convenience, and comfort. Walking distance to the many Long Beach attractions, restaurants and shops. Don't miss this one! Priced to sell!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1906
- Lot Size
- 2,489 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 | 1,338 | 1,519.995 |
| Lot Size | 2,489 | 5,807.524 |
| Price | $854.9K | $1.03M |
| Price per sq ft | $639 | $728 |
| Built year | 1906 | 1948 |
| HOA | $0 | $259 |
| Days on market | 19 | 48 |
Pricing History
Listed for Sale
Aug 21, 2026
$854,900
Initial Listing
Sold
Oct 19, 2021
$750,000
Public Record
Sold
Aug 27, 2012
$280,000
Public Record
Sold
Apr 16, 2012
$152,500
Public Record
Sold
Oct 18, 2006
$400,000
Public Record