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4532 Pepperwood, Long Beach, California 90808, Long Beach, 90808 - 3 bed, 2 bath

4532 Pepperwood, Long Beach, California 90808 home-pic-0
ACTIVE UNDER CONTRACT$1,000,000
4532 Pepperwood, Long Beach, California 90808
3Beds
2Baths
1,486Sqft
7,677Lot
Year Built
1942
Close
-
List price
$1M
Original List price
$1M
Price/Sqft
$673
HOA
-
Days on market
-
Sold On
-
MLS number
PW25258336
Home ConditionPoor
Features
View-

About this home

Possibly Over-Priced:The estimated price is 7% below the list price. We found 4 Cons,6 Pros. Rank: price - $1.00M(43th), sqft - 1486(47th), beds - 3(50th), baths - 2(50th).

Welcome to 4532 Pepperwood Ave., a charming and classic custom Bilt Lakewood Village home nestled in the desirable Lakewood Village neighborhood of Long Beach, California. This lovely property offers a fantastic opportunity for buyers seeking a diamond in the rough with great potential. Featuring 3 spacious bedrooms and 1 full and 3/4 bathrooms, this home spans approximately 1,486 square feet of interior living space, set on a generous 7,677 square-foot lot. Built with character and solid craftsmanship, this residence is a true gem for those willing to put some TLC into its updates. The home’s timeless design and warm atmosphere make it a perfect canvas for customization and personalization, allowing you to create your dream home. The spacious layout provides comfortable living areas, and the opportunities for renovation are endless.Thinking ADU its perfect . Situated in a prime location, this property is within walking distance to a variety of educational institutions, from local grade schools to colleges, making it ideal for families and students alike. Additionally, it is conveniently close to shopping centers, providing easy access to retail, dining, and entertainment options. The neighborhood’s friendly community vibe and accessibility add to the appeal of this property. The large lot provides ample outdoor space for landscaping, gardening, entertaining, or expanding the home. Whether you're an investor, DIY enthusiast, or someone looking to create a custom home from the ground up, 4532 Pepperwood Ave. offers an exceptional opportunity to live in a sought-after area of Long Beach with wonderful potential. This home’s classic design and excellent location combine to make it a rare find in Lakewood Village. With some vision and effort, this property can be transformed into a beautiful, personalized residence that suits your lifestyle. Don’t miss out on this incredible opportunity to own a piece of Long Beach's charming and historic Lakewood Village!

Nearby schools

7/10
Twain Elementary School
Public,•K-5•0.4mi
8/10
Holmes Elementary School
Public,•K-5•0.8mi
6/10
Burcham Elementary School
Public,•K-5•1.6mi
7/10
Bancroft Middle School
Public,•6-8•0.7mi
6/10
Gompers K-8
Public,•K-8•1.3mi
8/10
Marshall Academy Of The Arts
Public,•6-8•2.0mi
5/10
Lakewood High School
Public,•9-12•1.0mi

Price History

Date
Event
Price
05/02/05
Sold
$620,000
-
Listing
$1,000,000
Condition Rating
Poor
Built in 1942, this property is explicitly described as a 'diamond in the rough' requiring 'extensive updates & renovation' and having 'older systems & potential deferred maintenance.' The listing also states it is 'not move-in ready.' While the exterior image doesn't show structural collapse, the overall description indicates that major components (likely including kitchen, bathrooms, plumbing, electrical, and HVAC) are outdated and require substantial rehabilitation to meet modern standards and comfort. This aligns with the 'poor' condition criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7677, living area = 1486.
Prime Lakewood Village Location: Situated in the highly desirable Lakewood Village, offering excellent walkability to schools and convenient access to shopping, dining, and entertainment options.
Generous Lot Size with ADU Potential: Features a substantial 7,677 sqft lot, providing ample outdoor space for landscaping, expansion, or the addition of an Accessory Dwelling Unit (ADU).
Classic Architecture & Solid Construction: A charming 1942 custom-built home showcasing timeless design and solid craftsmanship, offering a strong foundation for future enhancements.
Spacious & Flexible Layout: Boasts a comfortable 1,486 sqft interior with a spacious layout, including 3 bedrooms, providing a versatile canvas for personalization.
Significant Customization Opportunity: Presents an exceptional 'diamond in the rough' opportunity for buyers to personalize and transform the property into a custom dream home.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Requires Extensive Updates & Renovation: The property is explicitly described as needing 'TLC' and updates, indicating a need for significant investment in renovation to modernize.
Older Systems & Potential Deferred Maintenance: As a 1942 build, the home likely has original or outdated systems (e.g., plumbing, electrical, HVAC) that may require immediate attention or replacement.
Not Move-In Ready: Buyers should anticipate substantial work and investment before comfortable occupancy, as the property is positioned as a 'canvas' for customization rather than turn-key.

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