
Long Beach, California 90813
This Turnkey Triplex represents a strategic residential income asset with a List Price of $1,150,000. While the Fair Market Value is $972,774, the property’s valuation is supported by a Condition Rating of 3 and rare infrastructure. The expansive 8,252 sqft Lot provides explicit ADU Potential, while the 5 Garages and Separate Utility Meters for all units maximize rental yield while minimizing owner overhead. This well-maintained property is a high-utility acquisition ideal for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated house-hack in a high-demand Long Beach rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1030 Daisy Subject | $1,150,000* List Price | 0 | 0 | 1,885 | $516 | - |
A 811 Lime Avenue Active | $879,000 List Price | 0 | 0 | 2,016 | $436 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1920 build date, the property has been well-maintained with a renovation likely within the 5-15 year range. The kitchen features updated shaker cabinets and stainless steel appliances, the exterior has newer siding and vinyl windows, and the listing notes a new front roof and separate utility meters, making it move-in ready.
The property features five total garages and a three-car driveway, a rare and highly valuable asset in the high-density Long Beach rental market that commands premium rents.
Situated on a generous 8,252 sqft lot with explicit ADU potential, this triplex offers a significant opportunity to increase density and maximize long-term return on investment.
Individual meters for electricity, gas, and water across all units significantly reduce owner operating expenses and simplify utility management for the landlord.
Built in 1920, the property may require substantial ongoing maintenance or capital expenditures to modernize aging structural, plumbing, and electrical systems.
Located in a high-density downtown area, the property may face challenges related to neighborhood congestion and higher-than-average wear and tear common in urban rental markets.
Quaint 2 Front units. The 3 bedroom back unit is a separate building. 4 enclosed parking spaces, 4 garages on the alley and one garage adjacent to the front 2 bedroom unit. ADDITIONAL DWELLING UNITS(ADU'S) Potential, Buyer to verify all development rights. Separate electricity, gas and water meters, separate water heaters. New front roof. Front unit has 3 car driveway.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,885 | 2,455 | 36% |
| Lot Size | 8,252 | 5,890.5 | 91% |
| Price | $1.15M | $977.5K | 68% |
| Price per sq ft | $610 | $381 | 91% |
| Built year | 1920 | 1921 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 190 | 5% |
Apr 24, 2026
$1,150,000
Initial Listing
Oct 29, 2010
$260,000
Public Record
Nov 4, 1996
$210,000
Public Record