1404 E Michelson
Long Beach, CA, 90805
(No pictures available yet)
$750,000
MLS: RS26092779
Beds
2
Baths
1
Sq Ft
820
Lot
0.11 ac
Year Built
1924
MLS #
RS26092779
Days on Market
6
Listed
May 1, 2026
Description
Turnkey Long Beach Home with Development Potential, 5 -Car Parking & Assumable 2.25% Interest rate Loan. Rare opportunity to own a fully renovated home. Positioned at the rear of the lot, the expansive front yard offers significant buildable space. Per preliminary discussions with the City, the property may allow for a second primary residence plus a junior ADU (buyer to verify). Inside the home features a bright open layout with an oversized breakfast bar, updated finishes throughout, and central heat and air conditioning. Generously sized bedrooms and a clean, modern interior make it truly move -in ready. A standout feature is the %-car driveway , covered carport, and RV parking, ideal for multiple vehicles, recreational equipment, or future flexibility. Recent upgrades include plumbing improvements, new front and backyard concrete with an extended porch, a 200 -amp electrical panel, a newer water heater, and a freshly painted exterior in 2024. There is an assumable FHA loan at approximately 2.25% interest rate, subject to lender approval, offering a rare opportunity for qualified buyers to secure significantly below-market financing.
Location
Long Beach, Los Angeles County, CA 90805
Open on Google Maps ↗Listed by: Nadean Carlstrom · Coldwell Banker Envision
Payment estimate
$5,633
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $75,000 · Loan: $675,000
- Principal & Interest
- $4,271
- Property tax (1.25%)
- $781
- Homeowners insurance
- $300
- Mortgage insurance
- $281
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Long Beach home with as little as 3.5% down using an FHA loan — roughly $26,250 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Assumable Loan — Lock In a Below-Market Rate＋
This Long Beach property has an assumable mortgage, meaning a qualified buyer can take over the existing loan at its current interest rate — potentially far below today's market rates. Assumable financing can dramatically reduce your monthly payment and total interest cost over the life of the loan compared to qualifying for a new mortgage at prevailing rates. This is a rare and significant financial advantage; ask your agent for the current loan details.
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Local Market Stats
See Long Beach, CA 90805 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
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