
Long Beach, California 90805
This 1929 Single-Family Bungalow serves as a strategic Value-Add Asset listed at $735,000, currently positioned above the $657,985 Fair Market Value. The property retains its Original Hardwood Floors and includes a Detached Double Garage, providing a clear path for forced appreciation through interior modernization and potential ADU development. With a Condition Rating of 4, the residence requires significant "TLC" to address deferred maintenance. Featuring a Neighborhood View and located in the Long Beach Unified School District, this is a high-potential acquisition for Fix-and-Flip Investors or Contractors looking to capture equity in a high-demand market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6072 Myrtle Avenue Subject | $735,000* List Price | 2 | 1 | 996 | $673 | - |
A 471 E Platt Street Sold | $650,000 | 2 | 1 | 958 | $678 | 1.0 mi |
B 5709 California Sold | $710,000 | 3 | 2 | 1,091 | $651 | 0.3 mi |
C 1228 E 64th Sold | $685,000 | 2 | 1 | 852 | $804 | 0.5 mi |
D 6160 California Avenue Sold | $719,000 | 4 | 2 | 1,140 | $631 | 0.1 mi |
E 5960 Lime Avenue Sold | $715,000 | 2 | 1 | 1,014 | $705 | 0.2 mi |
F 5525 Myrtle Avenue Sold | $760,000 | 2 | 1 | 1,063 | $715 | 0.6 mi |
G 6060 6060 Myrtle Ave Active | $690,000 List Price | 2 | 1 | 788 | $876 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1929, this home retains its original architectural character and hardwood floors but is significantly outdated. The kitchen and bathroom feature vintage fixtures and tiling that require modernization to meet current standards. The listing explicitly mentions the need for 'TLC,' indicating deferred maintenance, yet the structure appears functional and maintained rather than dilapidated.
Built in 1929, this home retains timeless features including original hardwood floors, a formal dining room, and a charming covered porch that offer significant aesthetic appeal.
The property includes a detached two-car garage, providing excellent utility for secure parking and storage, or potential for a future ADU conversion to add value.
Featuring both front and back yards, the property offers ample outdoor area for landscaping and recreation, a desirable asset in the North Long Beach market.
The property is noted as needing 'TLC,' suggesting deferred maintenance that will require additional capital investment for repairs and modernization.
With only one bathroom serving the entire residence, the layout may present functional challenges for families or buyers seeking more modern convenience.
Two Bedrooms one Bath. Front and Back yard. Covered Porch. Double Garage Detached. Hardwood Floors. Dining Room and Living Room. Small Service Porch. Bath has over tub Shower. Needs som TLC but lots of potential.
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 | 996 | 1,121 | 30% |
| Lot Size | 3,713 | 5,150 | 10% |
| Price | $735.0K | $715.0K | 57% |
| Price per sq ft | $738 | $650 | 75% |
| Built year | 1929 | 1942 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 266 | 172 | 90% |
Jul 30, 2025
$735,000
Initial Listing