
Long Beach, California 90813
This property presents a High-Potential Investment Opportunity with a List Price of $599,500—positioned well below the $603,526 Fair Market Value by 0.67%. This valuation gap offers $4,026 in Instant Equity. Featuring a Fair Condition Rating, the home includes central HVAC and significant ADU development potential at the carport. This asset is ideal for Buy-and-Hold Investors or first-time buyers looking to leverage a value-add project in a prime Long Beach location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 636 E 7th Street Subject | $599,500* List Price | 3 | 2 | 1,050 | $575 | - |
A 812 E 8th Street Sold | $660,000 | 4 | 2 | 1,313 | $503 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1913, the property is dated and requires modernization. While it features a functional central HVAC system, the kitchen displays cabinetry and finishes that appear over 30 years old. The listing description confirms the interior is ready for updates, and the exterior shows signs of age, placing it in the fair category for needing minor repairs and aesthetic overhauls.
Priced competitively at $599,500, this property serves as an ideal 'condo alternative' for first-time buyers or investors seeking a detached 3-bedroom home in the Long Beach market.
The gated 2-car carport area offers significant potential to construct an Accessory Dwelling Unit (ADU), providing a clear path for future rental income or increased property value.
Despite its 1913 construction, the home features central heating and air conditioning, a premium upgrade for older residences that ensures immediate comfort and saves on retrofitting costs.
The interior is identified as needing updates, suggesting that buyers will need to budget for immediate renovations to modernize the living space.
At 2,181 square feet, the lot is relatively small for a single-family residence, which limits private outdoor space and may feel restrictive compared to traditional suburban lots.
I am pleased to present this affordable 1,050-square-foot home, an excellent condo alternative for first-time buyers or investors near downtown Long Beach. This comfortable 3-bedroom, 1.5-bath residence features central heating and air conditioning, tiled flooring, ceiling fans, and a spacious living and dining area. While the interior is ready for some updates, it offers significant potential. The property includes a small outdoor yard perfect for BBQs, an additional side yard for gardening, and a gated 2-car carport. There is also ample room to add an ADU at the carport to generate rental income or serve as a guest house. Located within proximity to downtown shopping, dining, and transportation, this home offers easy access to all the amenities of the coastal city.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,050 | 1,556.5 |
| Lot Size | 2,181 | 5,910 |
| Price | $599.5K | $1.02M |
| Price per sq ft | $571 | $721 |
| Built year | 1913 | 1949 |
| HOA | $0 | $240 |
| Days on market | 32 | 46 |
Jun 20, 2026
$599,500
Initial Listing
Jan 5, 2009
$165,000
Public Record
Oct 17, 2000
$130,000
Public Record
Jan 11, 2000
$70,000
Public Record
Mar 31, 1997
$110,000
Public Record