5630 Myrtle, Long Beach, California 90805, Long Beach, 90805 - 4 bed, 3 bath
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Long Beach, California 90805
This Value-Add Residential Income Asset is a Strong Value Opportunity, listed at $699,999—positioned well below the $770,383 Fair Market Value by 9%. This valuation gap offers $70,384 in Instant Equity for buyers prepared to modernize its Dated Condition. Featuring a main home, an Attached ADU, and a Private Pool, the property provides exceptional rental yield potential within the Long Beach Unified district. The versatile layout and city views offer significant forced appreciation for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5630 Myrtle Subject | $699,999* List Price | 4 | 3 | 1,800 | $409 | - |
A 350 E South Active | $599,000 List Price | 0 | 0 | 1,318 | $454 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950 with no evidence of recent major renovations. The kitchen and bathrooms are significantly dated (>30 years), and the interior shows heavy wear including stained carpets and scuffed walls. Electrical systems appear aged with multiple external meters and exposed conduit, indicating the property needs a comprehensive rehab to meet modern standards.
The property features an attached ADU with its own kitchen and bathroom, providing an excellent opportunity for rental income or multi-generational living.
The inclusion of a private backyard pool is a premium amenity for the North Long Beach area, significantly enhancing the home's entertainment and lifestyle value.
With a total of 4 bedrooms and 3 bathrooms across two living spaces, the property offers maximum flexibility for growing families or guest accommodations.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1800, other record living area = 1310. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Originally built in 1950, the home may require updates to major systems or structural components to meet modern efficiency and aesthetic standards.
The footprint of the main house, ADU, and pool on a 5,025 sqft lot leaves minimal traditional green space or lawn area for gardening or play.
This is the home you’ve been waiting for! Featuring a total of 4 bedrooms and 3 bathrooms, this versatile property includes a well-designed main home plus an attached ADU—ideal for extended family, guests, or additional income potential. The main home offers a functional layout with plenty of space for a growing family, while the attached ADU features its own kitchen and bathroom—perfect for multi-generational living, guests, or rental income. Step outside to your private backyard featuring a pool—perfect for relaxing or entertaining. Situated in a desirable Uptown Long Beach location, this property offers flexibility, space, and opportunity all in one. Don’t miss your chance to make it yours!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 0.0 | 89% |
| Baths | 3.0 | 0.0 | 89% |
| Square foot | 1,800 | 1,535.5 | 67% |
| Lot Size | 5,025 | 4,768.5 | 56% |
| Price | $700.0K | $815.0K | 33% |
| Price per sq ft | $389 | $536 | 28% |
| Built year | 1950 | 1950 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 227 | 6% |
Apr 24, 2026
$699,999
Initial Listing
Dec 30, 2008
$260,000
Public Record
Mar 1, 2000
$165,000
Public Record