140 W Bort, Long Beach, California 90805, Long Beach, 90805 - 3 bed, 2 bath
ACTIVE$699,999
140 W Bort, Long Beach, California 90805
3Beds
2Baths
1,550Sqft
5,550Lot
Year Built
1956
Close
-
List price
$700K
Original List price
$700K
Price/Sqft
$452
HOA
-
Days on market
-
Sold On
-
MLS number
PW25263343
Home ConditionPoor
Features
ViewNeighborhood
About this home
Possibly Over-Priced:The estimated price is 3% below the list price. We found 3 Cons,5 Pros. Rank: price - $700.0K(30th), sqft - 1550(87th), beds - 3(50th), baths - 2(50th).
Investor opportunity in Long Beach! This 3-bedroom, 2-bath home with a large family room and attached 2-car garage is priced well below market value to reflect its current condition. The property will be sold as-is, making it ideal for experienced investors or cash buyers looking for a value-add project. Located in a quiet neighborhood with easy freeway access, this home offers great potential for those ready to restore it to its former charm. Motivated seller priced it right, making this a rare find in today’s market.
Price History
Date
Event
Price
11/19/25
Listing
$699,999
02/13/04
Sold
$351,000
Condition Rating
Poor
Built in 1956, this property is explicitly marketed as an 'investor opportunity' and 'value-add project' due to its 'current condition' and being sold 'as-is.' The listing description and property analysis confirm 'extensive renovation required,' indicating significant defects and a need for substantial repairs across all major components. The exterior image supports this, showing visible signs of deferred maintenance, including an old roof, faded siding, and unkempt landscaping. While interior details are not provided, the overall context strongly suggests the kitchen, bathrooms, and other systems are outdated and require major rehabilitation, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Significant Value-Add Potential: Explicitly marketed as an 'investor opportunity' and 'value-add project' due to its current condition, offering substantial upside for renovation and equity growth.
Strategic Location: Situated in a quiet North Long Beach neighborhood with convenient freeway access, appealing to commuters and offering good community integration.
Motivated Seller: The description highlights a 'motivated seller' who has 'priced it right,' suggesting potential for a competitive acquisition or negotiation.
Generous Lot and Home Size: A 1550 sqft home on a 5550 sqft lot provides ample space for living, potential expansion, and outdoor amenities.
Attached Two-Car Garage: A practical and desirable feature for parking, storage, or potential conversion, adding to the property's functionality.
Cons
Extensive Renovation Required (As-Is Sale): The property is sold 'as-is' and requires significant investment and effort to restore its 'former charm,' limiting appeal to move-in ready buyers.
Restricted Buyer Pool: Primarily suited for 'experienced investors or cash buyers,' which narrows the market and may prolong the sales cycle due to financing challenges for conventional buyers.
List Price Exceeds Estimated Value: The current list price is 10% higher than the property's estimated value, potentially raising questions about market competitiveness despite the 'motivated seller' claim.