1618 W. Burnett, Long Beach, California 90810, Long Beach, 90810 - 3 bed, 2 bath
ACTIVE$600,000
1618 W. Burnett, Long Beach, California 90810
3Beds
2Baths
1,184Sqft
4,003Lot
Year Built
1925
Close
-
List price
$600K
Original List price
$600K
Price/Sqft
$507
HOA
-
Days on market
-
Sold On
-
MLS number
PW25153171
Home ConditionPoor
Features
View-
About this home
Possibly Over-Priced:The estimated price is 34% below the list price. We found 3 Cons,5 Pros. Rank: price - $600.0K(18th), sqft - 1184(32th), beds - 3(50th), baths - 2(50th).
Property is a FIXER needs upgrade and a lot of repairs and replacements. But after complete renovation it will be a gem. Property is located closed to schools, churches, commercial centers, markets, freeways , beach, tourist spots like Queen Mary and LB Aquarium. It features 3 bedrooms and two full bathrooms and two car garage with long driveway . Need CASH or HARD money loan.
Nearby schools
6/10
Garfield Elementary School
Public,•K-5•0.2mi
5/10
Webster Elementary School
Public,•K-5•1.1mi
6/10
Dominguez Elementary School
Public,•K-5•2.4mi
5/10
Del Amo Elementary School
Public,•K-5•2.8mi
4/10
Frank Del Olmo Elementary School
Public,•K-6•19.3mi
4/10
Hudson K-8
Public,•K-8•0.3mi
5/10
Stephens Middle School
Public,•6-8•0.6mi
7/10
Muir K-8
Public,•K-8•0.9mi
4/10
Andrew Carnegie Middle School
Public,•6-8•3.2mi
3/10
Cabrillo High School
Public,•9-12•0.5mi
4/10
Rancho Dominguez Preparatory
Public,•6-12•2.3mi
Price History
Date
Event
Price
07/25/18
Sold
$450,000
06/10/10
Sold
$240,000
07/12/05
Sold
$420,000
11/30/01
Sold
$179,000
Condition Rating
Poor
The property, built in 1925, is explicitly described as a 'FIXER' needing 'upgrade and a lot of repairs and replacements,' indicating substantial rehabilitation is required. The kitchen, as seen in the images, features severely outdated dark cabinets, tiled countertops and backsplash, and an old white stove, all of which require complete replacement. The need for 'CASH or HARD money loan' further suggests the property's condition is unsuitable for conventional financing due to significant defects or extensive deferred maintenance. While not explicitly 'tear-down,' it falls squarely into the 'poor' category due to the extensive repairs and replacements needed for major components and systems, making it uncomfortable or potentially unsafe in its current state.
Pros & Cons
Pros
Prime Location: The property boasts a highly convenient location, close to schools, churches, commercial centers, markets, freeways, beaches, and popular tourist spots like the Queen Mary and LB Aquarium.
Significant Value-Add Potential: Explicitly marketed as a 'FIXER' that 'will be a gem' after renovation, this property offers substantial opportunity for equity building and customization for the right investor or homeowner.
Desirable Configuration: Featuring 3 bedrooms and 2 full bathrooms, the property offers a functional and sought-after layout suitable for families or potential rental income.
Ample Parking: The inclusion of a two-car garage and a long driveway provides generous off-street parking and additional storage, a valuable asset in urban areas.
Established Neighborhood: Located in the Westside/North of Willow subdivision, an older and established area, which often implies a mature community feel and stable property values post-renovation.
Cons
Extensive Renovation Required: The property is explicitly described as a 'FIXER' needing 'upgrade and a lot of repairs and replacements,' indicating a substantial investment of time, effort, and capital.
Limited Financing Options: The requirement for 'CASH or HARD money loan' severely restricts the pool of potential buyers, as conventional financing is unlikely due to the property's current dilapidated condition.
Aggressive Pricing Strategy: The list price of $600,000 is considerably higher than the estimated value of $390,142.32, suggesting the property is overpriced given its 'fixer' status and the significant renovation costs required.