720 Pepper Tree, Long Beach, California 90815, Long Beach, 90815 - 4 bed, 4 bath
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720 Pepper Tree
Long Beach, California 90815
ACTIVE
CONDITION: FAIR
4Beds
4Baths
3,218Sq Ft
8,323Lot Size
Property Price
LIST PRICE$2,200,000
EST. MARKET VALUE
$2,082,489
5% AboveMARKET VALUE
SUMMARY
This Bixby Hill Single Family Residence represents a High-Potential Investment Opportunity, listed at $2,200,000—positioned above the $2,082,490 Fair Market Value by 5%. While the property requires modernization due to its Condition Rating of 4, it offers significant upside in a prestigious 24-hour guard-gated community. Key features include a private pool, elevator, and proximity to the 10/10 rated Kettering Elementary School. This asset is ideal for Value-Add Investors or Owner-Occupants seeking to customize a luxury home in a prime location.
Estimated Market Value
$2,082,489
Based on Realkey algorithm analyzing recent comparable sales in Long Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 720 Pepper Tree Subject | $2,200,000* List Price | 4 | 4 | 3,218 | $647 | - |
A 700 Pepper Tree Sold | $1,785,000 | 4 | 3 | 3,576 | $499 | 0.0 mi |
B 905 N Hillside Sold | $2,200,000 | 4 | 4 | 3,500 | $629 | 0.3 mi |
C 715 N Lariat Sold | $1,600,000 | 3 | 3 | 2,649 | $604 | 0.0 mi |
D 1241 N Studebaker Active | $2,300,000 List Price | 6 | 4 | 3,876 | $593 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1972, this property is significantly dated, featuring original wood paneling, popcorn ceilings, and older bathroom fixtures. While the kitchen has had a partial update (approximately 15-20 years ago) including a farmhouse sink and cabinetry, the overall aesthetic and systems reflect its 50-year age, requiring cosmetic and likely mechanical modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Kettering Elementary School (10/10).
- Exclusive Gated Community
Located in the prestigious Bixby Hill community, the property offers 24-hour guard-gated security, providing a high level of privacy and safety for residents.
- Top-Rated Education
The home is situated just 0.2 miles from Kettering Elementary School, which boasts a perfect 10/10 rating, making it an ideal location for families.
CONSRISKS & DEFICIENCIES
- High Association Fees
The association fee of $2,987 is substantial and represents a significant recurring monthly expense that may impact the property's affordability for some buyers.
- Potential for Modernization
Built in 1972, the property may require additional capital investment to update its original systems and aesthetic to meet modern luxury standards.
About 720 Pepper Tree
Welcome to 720 Pepper Tree Lane, located in the highly sought-after, 24-hour guard-gated Bixby Hill community. This spacious 4-bedroom, 4-bathroom residence offers approximately 3,218 square feet of living space and is offered furnished. The thoughtfully designed floor plan features generous living and dining areas, an elevator, and an oversized primary suite. Enjoy Southern California living with a private backyard and pool, perfect for relaxing and entertaining. Additional highlights include a 2-car garage and ample space throughout. Ideally located near Cal State Long Beach, Rancho Los Alamitos, parks, golf courses, shopping, dining, beaches, and convenient freeway access. A wonderful opportunity to enjoy the privacy, amenities, and lifestyle of Bixby Hill.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1972
- Lot Size
- 8,323 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $2987.0 / Month
Neighborhood Insights
Long Beach Unified Schools
Kettering Elementary School
Grades K-5 • 0.2 mi
10/10
Rogers Middle School
Grades 6-8 • 1.4 mi
7/10
Wilson High School
Grades 9-12 • 1.9 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,218 | 1,519.995 |
| Lot Size | 8,323 | 5,807.524 |
| Price | $2.20M | $1.03M |
| Price per sq ft | $684 | $728 |
| Built year | 1972 | 1948 |
| HOA | $2987.0 | $259 |
| Days on market | 14 | 48 |
Pricing History
Listed for Sale
Aug 26, 2026
$2,200,000
Initial Listing