
Long Beach, California 90808
This property presents a High-Potential Investment Opportunity with a List Price of $875,000—positioned well below the $886,938 Fair Market Value by 1%. This valuation gap offers $11,938 in Instant Equity. Featuring a Condition Rating of 5, the home requires significant interior modernization, yet benefits from a newer roof, gas line, and windows. Located in a desirable district with access to 8-rated schools, this is an ideal project for Value-Add Investors or Owner-Occupants seeking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5921 E Rosebay E Subject 3 bd · 1 ba · 1,424 sqft · $623 | $875,000* List Price | 3 | 1 | 1,424 | $623 | - |
A 6285 E Metz Sold 3 bd · 1 ba · 1,529 sqft · $572 · 0.5 mi | $875,000 | 3 | 1 | 1,529 | $572 | 0.5 mi |
B 5704 E Killdee Sold 3 bd · 1 ba · 1,376 sqft · $658 · 0.3 mi | $905,000 | 3 | 1 | 1,376 | $658 | 0.3 mi |
C 3081 Shadypark Sold 3 bd · 2 ba · 1,576 sqft · $603 · 0.2 mi | $950,000 | 3 | 2 | 1,576 | $603 | 0.2 mi |
D 3141 San Anseline Sold 3 bd · 2 ba · 1,566 sqft · $645 · 0.3 mi | $1,010,000 | 3 | 2 | 1,566 | $645 | 0.3 mi |
E 3402 Woodruff Avenue Sold 3 bd · 2 ba · 1,200 sqft · $717 · 0.4 mi | $860,000 | 3 | 2 | 1,200 | $717 | 0.4 mi |
F 3179 Marwick Avenue Sold 3 bd · 2 ba · 1,280 sqft · $730 · 0.3 mi | $934,000 | 3 | 2 | 1,280 | $730 | 0.3 mi |
G 6103 E Coralite Sold 3 bd · 2 ba · 1,110 sqft · $788 · 0.4 mi | $875,000 | 3 | 2 | 1,110 | $788 | 0.4 mi |
H 3683 San Anseline Ave Sold 3 bd · 2 ba · 1,478 sqft · $612 · 0.8 mi | $905,000 | 3 | 2 | 1,478 | $612 | 0.8 mi |
I 3303 Faust Avenue Active 3 bd · 1 ba · 1,090 sqft · $734 · 0.2 mi | $799,900 List Price | 3 | 1 | 1,090 | $734 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1951, this property requires significant rehab to be modernized. While it features some updated systems like a newer roof, gas line, and windows, the kitchen and bathroom are heavily dated (>30 years), and interior photos show rooms with failing paint/plaster and unfinished surfaces that go beyond minor repairs.
The property features several high-value improvements including a newer roof, dual-pane windows, a new gas line, and newer kitchen appliances, reducing immediate capital expenditure for the buyer.
With a 6,818 sqft lot and a large driveway, the property offers a blank-canvas backyard and ample space for potential expansion, landscaping, or an ADU.
Situated in the desirable South of Conant neighborhood, the home is within close proximity to highly-rated schools like Henry K-8 and Marshall Academy of the Arts.
The home requires significant cosmetic finishing, including fresh paint and a kitchen remodel, which may deter buyers looking for a move-in-ready residence.
For a 1,424 sqft three-bedroom home, the single-bathroom configuration may be a functional drawback for families and impact overall market competitiveness.
OPPORTUNITY KNOCKS! Bring your vision and make this home your own! This well-laid-out 3-bedroom, 1 bath home offers a functional floor plan, great bones, generous storage, a HUGE driveway area, and plenty of potential for the buyer looking to personalize a home to their own tastes and style. Step inside to a spacious living and dining area that flows together with a comfortable great-room feel, highlighted by a cozy fireplace and expansive views overlooking a large backyard. The home has already benefitted from several updates, including newer windows throughout, Bali blinds, newer kitchen appliances-some reportedly never used, a newer toilet, five ceiling fans, a new security door that allows you to enjoy the fresh air and breezes, a new fence on the West side, a roof with LOTS of life in it, as well as a new gas line installed by Long Beach utilities. Now it's time for the next owner to finish what was started! The interior is ready for fresh paint, the kitchen offers an opportunity to create the space you've always envisioned, and the large backyard is a blank canvas ready for landscaping, entertaining, a garden, or your own outdoor retreat. Located in an established neighborhood where pride of ownership can be seen throughout, this property offers a wonderful combination of existing improvements, potential, and opportunity to create something truly your own! Come see this rare opportunity! Welcome home!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,424 | 1,516.237 |
| Lot Size | 6,818 | 5,828.075 |
| Price | $875.0K | $1.04M |
| Price per sq ft | $614 | $730 |
| Built year | 1951 | 1949 |
| HOA | $0 | $331 |
| Days on market | 2 | 49 |
Oct 23, 2026
$875,000
Initial Listing