34 E 53rd Street, Long Beach, California 90805, Long Beach, 90805 - 3 bed, 2 bath

34 E 53rd Street, Long Beach, California 90805 home-pic-0
ACTIVE$725,000
34 E 53rd Street, Long Beach, California 90805
3Beds
2Baths
1,500Sqft
4,309Lot
Year Built
1924
Close
-
List price
$725K
Original List price
$695K
Price/Sqft
$483
HOA
-
Days on market
-
Sold On
-
MLS number
OC25200975
Home ConditionPoor
Features
View-

About this home

Possibly Over-Priced:The estimated price is 9% below the list price. We found 3 Cons,5 Pros. Rank: price - $725.0K(44th), sqft - 1500(85th), beds - 3(50th), baths - 2(50th).

Nice 3 bedrom 2 bath home that has been a long term rental. Cosmetic fixer upper. Tenant will show by appointment only. Probate sale but no confirmation required. Probate appraisal has been done. Tenant is also willing to stay if you are looking for a rental property.

Price History

Date
Event
Price
09/23/25
Price Change
$725,000
09/22/25
Listing
$695,000
05/13/09
Sold
$51,000
Condition Rating
Poor

Built in 1924, this property is explicitly described as a 'cosmetic fixer upper,' which for a home of this age, implies substantial rehabilitation beyond just aesthetics. The images reveal very dated and worn elements: old, discolored tiles and fixtures in the bathroom, worn carpets in the bedrooms, basic and outdated light fixtures throughout, and a generally tired exterior. While currently occupied, the property's age and visible condition suggest that major systems (electrical, plumbing, HVAC) are likely original or very old and will require extensive replacement or repair to meet modern standards for safety, efficiency, and comfort. The kitchen appears functional but is basic and lacks modern features. Overall, it requires significant investment to bring it to a desirable condition.
Pros & Cons

Pros

Immediate Income Potential: The property is a long-term rental with the current tenant willing to stay, offering immediate cash flow for investors.
Streamlined Probate Sale: A probate sale with no court confirmation required and appraisal already completed, simplifying the transaction process.
Value-Add Opportunity: Described as a 'cosmetic fixer upper,' presenting a clear opportunity for buyers to add significant value through renovations and personalization.
Functional Layout: Features a practical 3-bedroom, 2-bathroom configuration, appealing to a broad range of buyers including families.
Established Location: Situated in Long Beach, an established city with a reputable school district (Long Beach Unified).

Cons

Renovation Required: The property is explicitly noted as a 'cosmetic fixer upper,' indicating immediate capital expenditure is needed for updates.
Property Age: Built in 1924, the home's age suggests potential for outdated systems (e.g., plumbing, electrical) and higher maintenance costs beyond cosmetic repairs.
Limited Showing Access: Tenant occupancy restricts showings to appointment-only, which can complicate buyer access and potentially prolong the sales process.

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