Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
Under ContractSingleFamilyResidence

1875 Mcnab

Long Beach, CA, 90815

1 / 2View all 2 photos

$799,000

MLS: DW26016363

Beds

2

Baths

1

Sq Ft

1,017

Lot

0.17 ac

Year Built

1952

MLS #

DW26016363

Days on Market

4

Listed

Jan 22, 2026

Description

Prime Fixer Opportunity Steps from CSULB! Attention investors and value-add buyers. This is the one you’ve been waiting for. Located just steps from Cal State Long Beach, this residential fixer-upper sits on a large lot with endless potential. Perfect for a remodel, expansion, or income-producing strategy, this property offers a rare chance to capitalize on a high-demand rental and resale area. The generous lot size opens the door for creative redevelopment, ADU potential (buyer to verify), or a full transformation into a modern showpiece. With its unbeatable proximity to campus, shopping, dining, and major freeways, this is an ideal opportunity to add serious value in a consistently strong market. Bring your vision, contractor, and imagination—opportunities like this near CSULB don’t come often. Sold as-is. Don’t miss the chance to unlock the potential.

Location

Long Beach, Los Angeles County, CA 90815

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Listed by: Noe Reyes · KASE Real Estate

Payment estimate

$5,850

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $79,900 · Loan: $719,100

%
Principal & Interest
$4,418
Property tax (1.25%)
$832
Homeowners insurance
$300
Mortgage insurance
$300
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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 Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

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 $27,965 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.

Local Market Stats

See Long Beach, CA 90815 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

Only large teams outsell Mike Watson · Keller Williams Realty

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