
Long Beach, California 90814
This property presents a High-Potential Investment Opportunity with a List Price of $1,500,000—positioned well below the $1,522,545 Fair Market Value by 1%. This valuation gap offers $22,545 in Instant Equity. Featuring a Fair Condition Rating (5/10), the home requires a comprehensive renovation to modernize its 1940s infrastructure. Located in the desirable Belmont Heights neighborhood, this 4-bed, 3-bath Single Family Residence is an ideal project for Fix-and-Flip Investors or Owner-Occupants seeking to build long-term value through strategic upgrades.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 634 Quincy Avenue Subject | $1,500,000* List Price | 4 | 3 | 1,860 | $819 | - |
A 502 Loma Sold | $1,200,000 | 3 | 3 | 1,488 | $806 | 0.6 mi |
B 505 Panama Avenue Sold | $1,695,000 | 3 | 3 | 1,626 | $1,042 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1940 with no evidence of significant modern renovations. The interior features dated wood paneling, acoustic tile ceilings, and basic, aging bathroom fixtures. The listing description's emphasis on 'incredible potential' and 'bring your vision' confirms the property requires a comprehensive rehab to meet modern standards.
Situated in the highly sought-after Belmont Heights neighborhood, the property offers an exceptional walkable lifestyle near Colorado Lagoon, the beach, and the vibrant 2nd Street dining district.
With 4 bedrooms and 3 bathrooms across 1,860 square feet, this home provides a rare and functional footprint for growing families in a historic coastal community.
The residence is ideally located near award-winning Wilson High School, CSULB, and recreational landmarks like Marine Stadium and Recreation Park’s 18-hole golf course.
Marketed as a 'rare opportunity' with 'incredible potential,' the property likely requires substantial cosmetic and structural updates to reach its full market value.
Built in 1940, the home may present challenges common to older structures, such as outdated electrical, plumbing, or insulation systems that necessitate additional capital investment.
Rare opportunity in Belmont Heights! This classic 4-bed, 3-bath home is packed with incredible potential and is perfectly suited for a growing family. Located in the heart of one of Long Beach’s most desirable neighborhoods, it offers an ideal, walkable coastal lifestyle. Enjoy effortless proximity to Colorado Lagoon, Marine Stadium, the Back Bay, weekly farmers markets, and summer concerts. You’re also just minutes from the vibrant dining on 2nd Street, the beach, Recreation Park’s 18-hole golf course, award-winning Wilson High School, and CSULB. Bring your vision and claim your family's dream home today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 91% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,860 | 1,724 | 56% |
| Lot Size | 5,071 | 3,950.5 | 66% |
| Price | $1.50M | $1.33M | 75% |
| Price per sq ft | $806 | $833 | 47% |
| Built year | 1940 | 1949 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 131 | 9% |
May 29, 2026
$1,500,000
Initial Listing