6535 Downey, Long Beach, California 90805, Long Beach, 90805 - 4 bed, 3 bath
6535 Downey
Long Beach, California 90805
Property Price
SUMMARY
Analysis of 6535 Downey, Long Beach, California 90805 reveals a Prime Investment Opportunity with a current list price of $799,800—significantly undercutting the $872,838 Fair Market Value by 8%. This valuation gap indicates a +$73,038 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6535 Downey Subject | $799,800* List Price | 4 | 3 | 2,082 | $419 | - |
A 6166 Coke Avenue Sold | $860,000 | 4 | 3 | 2,122 | $405 | 0.5 mi |
B 3461 E Saint Francis Place Active | $980,000 List Price | 4 | 4 | 2,140 | $458 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property underwent an extensive renovation in 2019, meeting the 5-year threshold for major updates. It features a 2021 roof, 2023 double-insulated windows, and a 2023 water heater, ensuring all major systems are virtually new. The kitchen is fully modernized with custom cabinetry and newer LG appliances, and the interior features updated flooring and bathrooms, leaving no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- ADU & Investment Potential
The property includes approved blueprints to convert the garage into a permitted 2-bedroom, 1-bath ADU, offering significant potential for rental income or multi-generational living.
- Extensive Modern Upgrades
The home features a 2021 roof, 2023 double-insulated windows, and a 2019 remodel with custom cabinetry, ensuring energy efficiency and reduced immediate maintenance costs.
- Generous Outdoor Living Space
Situated on a 6,050 sq. ft. lot, the property offers a rare combination of front, mid, and backyards plus a covered patio, providing ample space for outdoor entertaining.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2082, other record living area = 1082. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Compact Primary Living Area
With only 1,082 sq. ft. for a 3-bedroom configuration, the main residence may feel undersized for families requiring larger common areas or spacious bedrooms.
- Inconsistent School Ratings
The property is served by schools with mixed performance ratings, ranging as low as 3/10, which may be a concern for education-focused buyers.
About 6535 Downey
Discover this exceptional income property and multi-generational opportunity in vibrant North Long Beach! This turnkey, fully remodeled single-family residence offers 4 bedrooms, 3 bathrooms, and 2,082 sq ft of living space on a spacious 6,050 sq ft lot (built 1949, completely updated 2019). The front home features 3 bedrooms and 2 baths in approximately 1,082 sq ft of modern, open-concept living. Step inside to gorgeous wood flooring, fresh paint, energy-efficient double-insulated windows (2023), a 2021 roof, and a chef-ready kitchen boasting quartz countertops, custom Home Depot cabinetry with lifetime warranty, newer LG stainless-steel appliances (gas range, refrigerator, washer/dryer included), tile backsplash, and convenient indoor laundry room. The open living/dining area shines with a brick accent wall, exposed beams, ceiling fans, and abundant natural light. Relax in the spacious primary suite with private bath, or enjoy the covered patio and expansive yard spaces perfect for entertaining. Best of all: An existing rear structure provides additional living quarters (approx. 1,000 sq ft, configured as 1 bed/1 bath), creating immediate rental income potential or separate space for extended family. Plus, previously approved blueprints allow conversion of the garage into a permitted 2-bedroom/1-bath ADU (adding even more sq ft and value)—ideal for investors or multi-generational buyers! Recent updates include 2022-2023 water heaters for peace of mind. Located in sought-after North Long Beach, close to schools, parks, hospitals, freeways, shopping, and beaches—this Long Beach home for sale combines modern upgrades, ADU potential, and strong investment appeal. Move-in ready and perfect for generating rental income or accommodating multi-generational living. Don't miss this rare gem!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 6,050 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Long Beach Unified Schools
Captain Raymond Collins School
Grades K-5 • 0.6 mi
McKinley Elementary School
Grades K-5 • 0.6 mi
Leona Jackson School
Grades 4-8 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 85% |
| Baths | 3.0 | 1.0 | 90% |
| Square foot | 2,082 | 1,127.5 | 93% |
| Lot Size | 6,050 | 5,418 | 71% |
| Price | $799.8K | $720.0K | 79% |
| Price per sq ft | $384 | $646 | 1% |
| Built year | 1949 | 1944 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 164 | 3% |
Pricing History
Listed for Sale
Feb 26, 2026
$799,800
Initial Listing