
Long Beach, California 90804
This Classic Spanish Duplex is a High-Potential Investment Opportunity, listed at $990,000—positioned slightly above the $951,426 Fair Market Value. Despite the premium, the property features a Condition Rating of 3, bolstered by significant capital improvements including a new 2025 roof, copper plumbing, and updated electrical. Located in the desirable Circle Area near Wilson High School, this asset offers strong rental demand and long-term stability. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a character-filled, move-in ready income property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1052 Ximeno Subject | $990,000* List Price | 0 | 0 | 1,543 | $617 | - |
A 3321 E 17th Street Sold | $705,000 | 2 | 2 | 1,156 | $610 | 0.9 mi |
B 1363 1361 Ximeno Sold | $840,000 | 0 | 0 | 1,200 | $700 | 0.3 mi |
C 735 Newport Avenue Sold | $935,000 | 0 | 0 | 1,768 | $529 | 0.6 mi |
D 3700 E 17th Sold | $1,050,000 | 0 | 0 | 1,911 | $549 | 0.7 mi |
E 4027 E 11th Active | $1,034,000 List Price | 0 | 0 | 1,453 | $712 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1923, the property features significant recent capital improvements including a new roof (2025), upgraded electrical, copper plumbing, and updated sewer/drainage (2019). The interior shows well-maintained original character with functional living spaces and a rebuilt laundry room, making it move-in ready.
Elementary School: Fremont Elementary School (9/10).
The property boasts a brand-new roof (2025) and major system upgrades including electrical, copper plumbing, and a 2019 sewer/drainage overhaul, significantly reducing immediate deferred maintenance for an investor.
Located in the highly sought-after Circle Area, the property is walking distance to Wilson High School, Recreation Park, and CSULB, ensuring high tenant desirability and consistent occupancy.
Both units feature only one bathroom, which may be a drawback for the 3-bedroom upper unit in a competitive rental market where modern tenants often prefer multiple bathrooms.
With a lot size of just 2,840 square feet, the outdoor space and parking options are relatively constrained for a multi-unit property, potentially limiting privacy and convenience for residents.
Classic Spanish Duplex in Long Beach's Highly Desirable Circle Area. Rich in timeless character and outstanding investment potential, this classic Spanish duplex offers the perfect blend of architectural charm and long-term value. The property features a spacious 3-bedroom, 1-bath upper unit and a 2-bedroom, 1-bath lower unit, making it an ideal opportunity for both investors and owner-users. Inside, you'll find many original details that define classic Spanish design, including exposed wood beam ceilings, hardwood floors, graceful arched entryways, and an abundance of natural light throughout. Thoughtful capital improvements provide peace of mind, including a new roof (2025), upgraded electrical, updated sewer and drainage system (2019), copper plumbing, and a rebuilt community laundry room (2019). Additional highlights include a detached garage, private outdoor spaces for each unit, and an on-site community laundry that generates supplemental income. The property offers attractive in-place rental income with meaningful upside potential over time. Ideally situated in Long Beach's sought-after Circle Area, the property is just a short walk from Wilson High School, Recreation Park, Blair Field, the Billie Jean King Tennis Center, and Cal State Long Beach. Belmont Heights, popular shopping and dining destinations, and convenient access to major transportation corridors are also just moments away. Whether you're looking to build your investment portfolio or live in one unit while generating rental income from the other, this is a rare opportunity to own a character-filled property in one of Long Beach's most desirable neighborhoods.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,543 | 2,100 |
| Lot Size | 2,840 | 5,077.5 |
| Price | $990.0K | $1.14M |
| Price per sq ft | $642 | $519 |
| Built year | 1923 | 1950 |
| HOA | $0 | $0 |
| Days on market | 10 | 68 |
Jul 12, 2026
$990,000
Initial Listing
Sep 25, 2019
$770,000
Public Record
Mar 12, 2004
$445,500
Public Record