
Long Beach, California 90805
This Value-Add Residential Asset is listed at $649,999, positioned near its $623,143 Fair Market Value. Currently holding a Poor Condition Rating, this 1928-built home requires a comprehensive rehabilitation of all major systems to meet modern safety codes. The property features a versatile bonus room and a desirable City Lights view on a 4,919 sqft lot within the Long Beach Unified district. This project offers substantial forced appreciation potential through strategic modernization and structural repairs. It is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a high-upside project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6014 Lime Avenue Subject | $649,999* List Price | 2 | 1 | 822 | $758 | - |
A 1228 E 64th Sold | $685,000 | 2 | 1 | 852 | $804 | 0.6 mi |
B 305 E 52nd Sold | $655,000 | 2 | 1 | 840 | $780 | 1.0 mi |
C 5590 Lewis Sold | $690,000 | 2 | 1 | 768 | $898 | 0.5 mi |
D 1409 E 59th Street Sold | $675,000 | 2 | 1 | 835 | $808 | 0.5 mi |
E 6060 6060 Myrtle Ave Active | $590,000 List Price | 2 | 1 | 788 | $749 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1928, this property is nearly a century old. The exterior image reveals a boarded-up garage, indicating a significant defect or ongoing structural issue. With no mention of recent renovations in the description and no interior photos, it's highly probable that the kitchen, bathroom, and all major systems (electrical, plumbing, HVAC, roof) are original or severely outdated, requiring substantial repairs and rehabilitation to meet modern standards and safety codes. This aligns with the 'Poor' condition criteria, suggesting the property requires significant investment to be comfortable and safe for living.
The property is explicitly marketed as an 'ideal starter home,' appealing to first-time buyers or those seeking a compact, manageable residence.
The inclusion of a bonus room adds significant functional value, offering flexible space for an office, den, or additional living area beyond the two bedrooms.
The property boasts a 'City Lights' view, a premium amenity that enhances the living experience and can contribute to higher resale value.
At 822 sqft, the home offers limited interior living space, which may feel cramped for some buyers or growing families.
The property features only one bathroom, which can be inconvenient for multiple occupants or when entertaining guests.
Built in 1928, the home is nearly a century old, potentially indicating the need for updates to major systems (plumbing, electrical, HVAC) or deferred maintenance.
Welcome to this charming two-bedroom, one-bath home in Long Beach, an ideal starter home for anyone looking to settle down. This delightful property also includes a bonus room. Don't miss the opportunity to make this lovely home your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 49% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 822 | 1,121 | 12% |
| Lot Size | 4,919 | 5,150 | 41% |
| Price | $650.0K | $715.0K | 14% |
| Price per sq ft | $791 | $650 | 82% |
| Built year | 1928 | 1942 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 276 | 172 | 90% |
Jul 20, 2025
$649,999
Initial Listing
Dec 2, 2022
$510,000
Public Record
May 22, 2012
$235,000
Public Record
May 3, 2002
$175,000
Public Record
Sep 22, 1999
$128,000
Public Record
Aug 31, 1998
$75,000
Public Record