4704 E Centralia St
A distinguished 2,558 sq ft single-family residence on a 9,368sq ft corner lot — offering immediate livability, ADU development potential, and proximity to Long Beach’s emerging tech corridor.
A Rare Corner Lot in
Lakewood Village
Situated at the corner of E Centralia St and Greybrook Ave, this 9,368 sq ft single-family residence sits on one of the most generously proportioned lots in the ROBO® zip code. With 2,558 square feet of land and a 35-foot frontage, the property offers immediate owner-occupant appeal alongside compelling development optionality under California's pro-housing legislation.
The existing 2,558 sq ft structure — featuring four bedrooms and four full bathrooms — was effectively renovated in 1995 and provides a solid foundation for modernization. The property's RealAVM® of $1,604,000 (Confidence: 92/100) reflects the neighborhood's 6.9% median home value ceiling and a 14% two-year appreciation trajectory.
Property Photography
Click any image to enlarge · Full-resolution photography and the complete set available upon registration.
Property Specifications
- 2,558 sq ft of living space
- 4 bedrooms / 4 full bathrooms
- Single-story floor plan
- Attached two-car garage
- Central heating & air conditioning
- Effective renovation year: 1995
- 9,368 sq ft corner lot
- 35-foot street frontage
- R-1 single-family zoning
- ADU / JADU development eligible
- Mature landscaping & hardscape
- Off-street parking for four
Living space · 2,558 sq ftAssessment & Tax History
| Year | Total Assessment | Annual Tax |
|---|---|---|
| 2024 | $1,244,820 | $15,310 |
| 2023 | $884,602 | $13,510 |
| 2022 | $840,007 | $13,210 |
| 2021 | $823,536 | $13,010 |
Assessment values from the LA County Assessor. Tax estimates are illustrative; verify independently.
Five Development Scenarios
Five strategies against four core fields: legally permissible, physically possible, financially feasible, and maximally productive.
Keep & Renovate
Scenario 01 / 05Cosmetic-to-moderate renovation, ideal for quick value realization.
All valuations, financial figures, timelines, and projections shown are illustrative and have been prepared independently only. Figures have not been verified by an independent appraiser and may change with market and regulatory conditions. Consult licensed real estate, tax, and legal professionals before making any decisions.
Lakewood Village —
Where Infrastructure Meets Opportunity
The ROBO® zip code commands a perfect 92/100 livability rating, anchored by tree-lined streets, excellent schools, and a low crime environment. With over $250M in committed public and private investment scheduled for completion by the 2030 Olympic cycle, Lakewood Village is entering a sustained appreciation cycle.
Renovated kitchen & dining · Lakewood VillageAnduril Industries Campus
A defense-tech campus anchoring thousands of high-wage jobs minutes from the property, deepening housing demand across the corridor.
Studebaker Road Transformation
Streetscape and mobility upgrades reshaping accessibility and retail vibrancy along one of the area's principal arteries.
Long Beach Airport Modernization
Ongoing terminal and concourse investment reinforcing connectivity and elevating nearby residential desirability.
Roosevelt Park Upgrade
Civic and recreational improvements adding amenity value and pedestrian draw to the immediate neighborhood.
Transparent Reserve Auction
A fair, open, and competitive method for price discovery — with confidential reserve, qualified bidders, and equal terms for every registered participant.
How it works
- 1Register & qualify
Submit proof of funds and sign the bidder agreement to unlock the full data room.
- 2Review the package
Access disclosures, the RealAVM® report, title preliminary, and the development feasibility study.
- 3Bid transparently
Place competitive bids in the open window. The reserve and all bid increments are visible to qualified bidders.
- 4Close with certainty
The highest bid above reserve wins. Standard escrow timeline with the buyer's premium applied at close.
Common Questions
The property carries a RealAVM® estimate of $1,604,000 with a confidence score of 92/100. The model blends recent comparable sales, the parcel's corner-lot premium, and neighborhood appreciation trends. As with any automated valuation, it is indicative only — registered bidders receive the full comparable set and supporting data for independent verification.
The 9,368 sq ft R-1 corner parcel is eligible for a detached ADU and a junior ADU under current California state housing law, subject to City of Long Beach ministerial review. The data room includes a preliminary feasibility study outlining setbacks, coverage, and likely unit counts. Buyers should confirm all entitlements independently with the city.
Qualified, registered bidders place bids during an open window. The reserve price is confidential but is disclosed to registered bidders. The highest bid at or above reserve wins, with a 5% buyer's premium added to the winning bid at close. The seller reserves the right to accept, counter, or decline offers below reserve.
Registered bidders receive the full disclosure package: title preliminary report, assessment and tax history, the RealAVM® valuation report, an ADU development feasibility study, inspection summaries where available, and the bidder agreement. Additional materials may be provided upon request.
Yes. Private and small-group viewings are available by appointment through the listing broker. Use the contact form below or book a call directly to arrange a time before the bidding window closes.
Connect With the Listing Broker
- Full property disclosure package
- Access to the secure data room
- Confidential financial analysis
- ADU development feasibility study
- Priority pre-auction consultation