
Long Beach, California 90805
This property presents a Strong Value Opportunity with a List Price of $675,000—positioned well below the $740,243 Fair Market Value by 8%. This valuation gap offers $65,243 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home includes significant system upgrades like solar panels and central HVAC, while the interior remains a blank canvas for cosmetic improvements. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build value through strategic renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6581 Lemon Avenue Subject | $675,000* List Price | 3 | 2 | 1,501 | $493 | - |
A 6550 Cerritos Sold | $660,000 | 3 | 1 | 1,144 | $577 | 0.1 mi |
B 5880 Gundry Avenue Sold | $705,000 | 3 | 2 | 1,325 | $532 | 0.9 mi |
C 6574 Brayton Avenue Sold | $600,000 | 3 | 2 | 1,121 | $535 | 0.2 mi |
D 1917 E Harding Sold | $775,000 | 2 | 2 | 1,446 | $536 | 0.7 mi |
E 1815 E Hungerford Sold | $685,000 | 4 | 2 | 1,446 | $474 | 0.9 mi |
F 6724 Gardenia Sold | $732,000 | 3 | 1 | 1,312 | $558 | 0.6 mi |
G 461 E Osgood Street Sold | $725,000 | 3 | 1 | 1,262 | $574 | 0.9 mi |
H 5960 Gundry Active | $839,000 List Price | 3 | 2 | 1,680 | $499 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the home has excellent system upgrades (newer HVAC, solar panels, and dual-pane windows), the interior is significantly dated. The kitchen and bathrooms appear to be over 20 years old (or original to the 1972 build), and the listing explicitly mentions the need for cosmetic updating and garage door repair.
Opportunity to own a 3 bedroom, 2 bath home in north Long Beach. The functional floor features a spacious living room with a fireplace and generously sized bedrooms. Recent improvements include newer dual-pane windows, window shutters, central heating and air conditioning, and solar panels. The home offers a solid foundation with several major system upgrades while presenting an opportunity for cosmetic updating. The kitchen could benefit from updating, and the garage door is in need of repair. Conveniently located near Houghton Park, shopping, restaurants, schools, the Michell Obama Neighborhood Library, and provides easy access to the 91, 710 and 405 freeways. Buyer to verify all information to their satisfaction.
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 | 1,501 | 1,519.995 |
| Lot Size | 4,547 | 5,807.524 |
| Price | $675.0K | $1.03M |
| Price per sq ft | $450 | $728 |
| Built year | 1972 | 1948 |
| HOA | $0 | $259 |
| Days on market | 8 | 48 |
Sep 1, 2026
$675,000
Initial Listing