1501 E 63rd Street, Long Beach, California 90805, Long Beach, 90805 - 3 bed, 2 bath
ACTIVE$699,000
1501 E 63rd Street, Long Beach, California 90805
3Beds
2Baths
1,101Sqft
5,180Lot
Year Built
1928
Close
-
List price
$699K
Original List price
$699K
Price/Sqft
$635
HOA
-
Days on market
-
Sold On
-
MLS number
IG25152832
Home ConditionFair
Features
Patio
ViewNeighborhood
About this home
Possibly Over-Priced:The estimated price is 34% below the list price. We found 3 Cons,5 Pros. Rank: price - $699.0K(30th), sqft - 1101(42th), beds - 3(50th), baths - 2(50th).
Enjoy this beautiful home nestled in the well established area of Long beach. Walking distance to Lakewood Mall. this home has three huge bedrooms with two full baths. dual pain windows with custom wood shutters. Huge backyard and a detached garage. open kitchen for family gatherings . Quiet street with pride of ownership homes. Centrally located to shoppimg centers , 91 freeway and places of worship. A truly great place to raise a family.
Price History
Date
Event
Price
06/23/05
Sold
$440,000
09/09/03
Sold
$255,000
10/15/96
Sold
$1,000
Condition Rating
Fair
Built in 1928, this home shows signs of age with some updates. The kitchen, while functional, features outdated cabinets, countertops, flooring, and light fixtures, suggesting it requires minor to moderate updates to meet modern standards. Although dual-pane windows are a positive upgrade, the overall condition, particularly the visible kitchen and the lack of information on other major system renovations for a nearly century-old property, places it in the 'Fair' category. The bathrooms are not pictured but are likely similarly dated.
Pros & Cons
Pros
Prime Location & Neighborhood: Nestled in a well-established area on a quiet street with pride of ownership homes, offering central access to shopping centers, the 91 freeway, and places of worship.
Excellent Walkability & Amenities: Conveniently located within walking distance to Lakewood Mall, providing easy access to retail, dining, and entertainment options.
Spacious Bedrooms: Features three generously sized bedrooms, offering ample living space suitable for a family.
Desirable Outdoor Space & Detached Garage: Boasts a huge backyard and a detached garage, providing potential for outdoor activities, additional storage, or future ADU conversion.
Key Interior Upgrades: Equipped with dual-pane windows and custom wood shutters for improved energy efficiency and aesthetic appeal, complemented by an open kitchen layout ideal for family gatherings.
Cons
Significant Valuation Discrepancy: The current list price of $699,000 is considerably higher than the estimated property value of $460,034, suggesting a potential overvaluation of approximately 34%.
Age-Related Maintenance & Systems: Built in 1928, the property is nearly a century old, which may imply potential for deferred maintenance or the need for significant updates to major systems (e.g., plumbing, electrical, HVAC, roof) not explicitly detailed as recently upgraded.
Limited Modern Amenity Details: While some upgrades are mentioned, the description lacks specifics on modern comforts such as central air conditioning or comprehensive updates to core infrastructure, which could be a drawback for buyers seeking fully modernized homes.