477 Sunset Street, Long Beach, California 90805, Long Beach, 90805 - 3 bed, 2 bath
ACTIVE$575,000
477 Sunset Street, Long Beach, California 90805
3Beds
2Baths
750Sqft
5,500Lot
Year Built
1923
Close
-
List price
$575K
Original List price
$575K
Price/Sqft
$767
HOA
-
Days on market
-
Sold On
-
MLS number
PW25074955
Home ConditionPoor
Features
Pool
Patio
View-
About this home
Possibly Over-Priced:The estimated price is 17% below the list price. We found 3 Cons,5 Pros. Rank: price - $575.0K(8th), sqft - 750(4th), beds - 3(50th), baths - 2(50th).
Welcome to your new home. This home is great for first time buyers, investors or someone who is ready to put your own ideas and designs into action. The property profile shows the home has 1BD/1BA, however the home currently have 2 homes in a lot. The front house offers 2BD / 1BA. The back house offers 1 bedroom and 1 bathroom with its own kitchen with no stove. Enjoy your summer in the above ground pool. Lots is big enough to make it into a R-4 which is the only property in the neighborhood to use as R-4. The long driveway can fit 5 vehicles. Home sell AS IS.
Price History
Date
Event
Price
09/29/00
Sold
$125,000
Condition Rating
Poor
The property was built in 1923 and is being sold 'AS IS,' indicating a need for substantial work. The images reveal extremely outdated kitchens and bathrooms in both units, featuring old appliances (one kitchen lacks a stove entirely), worn laminate countertops, basic fixtures, and dated flooring (carpet, linoleum). The overall aesthetic and condition suggest renovations, if any, are well over 30-50 years old, aligning with the 'poor' criteria. While not explicitly stated as unlivable, the property requires significant rehabilitation to meet modern living standards and comfort.
Pros & Cons
Pros
Multi-Unit Configuration: The property features two distinct living units (front 2BD/1BA, back 1BD/1BA), offering strong potential for rental income or multi-generational living.
R-4 Zoning Potential: The lot is large enough to qualify for R-4 zoning, presenting a unique opportunity for higher density development and increased future value.
Generous Lot Size: A substantial 5500 sqft lot provides ample outdoor space and supports the property's development potential.
Ample Parking: The long driveway can accommodate up to 5 vehicles, a significant advantage for a multi-unit property or in areas with limited street parking.
Recreational Amenity: Includes an above-ground pool, adding a desirable recreational feature for residents.
Cons
As-Is Condition: The property is sold 'AS IS,' indicating that buyers should anticipate potential repair costs and necessary upgrades.
Significant Overpricing: The current list price of $575,000 is 17% above the estimated market value of $472,581, suggesting it may be overpriced.
Small Listed Square Footage: The listed 750 sqft for a property containing two units (3 beds/2 baths total) is exceptionally small, potentially impacting livability and perceived value.