
Long Beach, California 90805
This property presents a High-Potential Investment Opportunity with a List Price of $850,000—positioned well above the $821,382 Fair Market Value by -3%. Featuring a Fair Condition Rating with 90% of renovations complete, the home offers a strong foundation for customization. The expansive 7,645 sq. ft. lot provides significant development upside, including potential for ADU/JADU expansion. This asset is ideal for Buy-and-Hold Investors or Contractors seeking a value-add project in a prime Long Beach cul-de-sac location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6651 Coronado Subject | $850,000* List Price | 3 | 2 | 1,598 | $507 | - |
A 6271 Coronado Sold | $775,000 | 3 | 2 | 1,528 | $507 | 0.5 mi |
B 3650 E Poppy Sold | $680,000 | 3 | 2 | 1,386 | $491 | 0.6 mi |
C 6330 Knight Avenue Sold | $855,000 | 3 | 2 | 1,729 | $495 | 0.4 mi |
D 3490 E La Jara Street Sold | $885,000 | 4 | 2 | 1,728 | $512 | 0.8 mi |
E 6402 Raymond Avenue Sold | $870,000 | 3 | 2 | 2,044 | $426 | 0.6 mi |
F 6724 Gardenia Sold | $732,000 | 3 | 1 | 1,312 | $558 | 0.8 mi |
G 1917 E Harding Sold | $775,000 | 2 | 2 | 1,446 | $536 | 1.0 mi |
H 6170 Downey Avenue Active | $795,000 List Price | 3 | 2 | 1,386 | $574 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property features a 90% completed renovation with brand-new systems including a new electric panel and central HVAC. While the flooring, paint, and bathrooms appear updated, it is rated 'Fair' because it is not move-in ready; it requires finishing touches such as kitchen cabinet fronts and final fixtures to be fully functional.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7645, living area = 1598.
With approximately 90% of the remodeling already completed, including a new electric panel and central HVAC, buyers can focus on selecting final design details and finishes rather than managing a full-scale structural overhaul.
The generous 7,645 sq. ft. lot and preliminary investment studies suggest strong potential for adding a detached ADU and a Junior ADU, offering significant value-add or multi-generational living opportunities.
The property is not move-in ready and requires the completion of remaining items like cabinet fronts and fixtures, which may complicate traditional financing and requires immediate post-closing labor.
Sold in its present condition, the property requires the buyer to independently verify all permits, square footage, and zoning feasibility for the proposed development concepts.
Welcome to 6651 Coronado Avenue—a rare opportunity to complete an approximately 90%-finished renovation, choose the final design details, and unlock the potential of a Long Beach property. Set near the end of a cul-de-sac, this single-story residence offers 3 bedrooms, 2 bathrooms, approximately 1,598 sq. ft. of living space, and an approximately 7,645 sq. ft. lot. Much of the remodeling work has already been undertaken; the home is ready for finishing touches, including cabinet fronts and other incomplete items. Complete the remaining work with the colors, finishes, fixtures, and details that fit your style, plans, and budget. Many upgrades, including a new Electric Panel. The generous floor plan provides a strong foundation for everyday living, entertaining, multigenerational needs, or an investment strategy. Central heating and air conditioning add year-round comfort, while the long lot, two parking spaces, and outdoor area may provide flexibility for recreation, gardening, storage, or future improvements. The property may also offer compelling ADU and development upside. A preliminary investment study identifies a potential path to retain the existing residence and explore a detached ADU plus a Junior ADU, subject to City approval. The study also examined a larger three-unit multifamily concept with estimated new-build rents of approximately $ 3,400- $ 3,650 per unit. That concept is not approved, does not constitute three ministerial ADUs, and requires independent City confirmation of zoning and feasibility. Buyers, investors, contractors, and multigenerational households are encouraged to investigate the possibilities and determine the highest and best use. Enjoy convenient access to shopping, dining, public transportation, and major commuter routes, plus nearby Houghton Park with athletic fields, playgrounds, tennis and basketball courts, a skate park, recreation facilities, and community programs. With substantial renovation progress, room to personalize, a sizable lot, and possible income-producing expansion, this is the opportunity buyers wait for. Bring your contractor, designer, and vision—finish the home, create your ideal environment, and explore its long-term value potential. Property offered in its present condition. Buyer to independently verify square footage, lot size, permits, condition, zoning, ADU/JADU eligibility, development options, rents, costs, and approvals.
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 | 1,598 | 1,519.995 |
| Lot Size | 7,645 | 5,807.524 |
| Price | $850.0K | $1.03M |
| Price per sq ft | $532 | $728 |
| Built year | 1957 | 1948 |
| HOA | $0 | $259 |
| Days on market | 34 | 48 |
Aug 6, 2026
$850,000
Initial Listing