1056 Junipero, Long Beach, California 90804, Long Beach, 90804 - bed, bath

1056 Junipero, Long Beach, California 90804 home-pic-0
ACTIVE$1,125,000$2,130/sqft
1056 Junipero, Long Beach, California 90804
0Bed
0Bath
2,130Sqft
6,491Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Fremont Elementary School (9/10).
Top Cons:
Inconsistent Unit Condition: Only two of the four units have been remodeled, indicating that the remaining two units will likely require significant updates to maximize rental income and tenant appeal, incurring future capital expenditure.

Compared to the nearby listings

Price:$1.12M vs avg $1.24M ($-110,000)38%
Size:2,130 sqft vs avg 2,051 sqft50%
Price/sqft:$528 vs avg $48656%

More Insights

Built in 1924 (102 years old).
Condition: This 1924-built multifamily property presents a mixed condition. While two of the four units have been recently remodeled with new cabinets, bathrooms, vinyl flooring, and fresh paint, the other two units are explicitly stated to require significant updates. The exterior appears maintained for its age, but the overall property is nearly a century old, suggesting that core infrastructure (plumbing, electrical, roof) may be outdated and require substantial investment in the long term, as noted in the property analysis. Without interior photos of the un-remodeled units, it's reasonable to assume they are functional but show signs of being outdated, aligning with the 'fair' category's criteria of requiring minor updates or repairs and having major components that are functional but show signs of being outdated.
Year Built
1924
Close
-
List price
$1.13M
Original List price
$1.13M
Price/Sqft
$528
HOA
-
Days on market
-
Sold On
-
MLS number
PW26005088
Home ConditionFair
Features
Good View: City Lights, Courtyard
Patio
ViewCity Lights,Courtyard

About this home

1056 Junipero is a 4-unit multifamily property located in the Rose Park neighborhood in Eastside Long Beach, this property sits on an exceptionally large lot offering a unique space with 2 separate buildings. Featuring four 1 bedroom, 1 bath, with two units remodeled. The two units remodeled has new white wooden cabinets, a new bathroom, new vinyl flooring, fresh paint and each have a patio creating the desired outdoor-indoor living space. All four units enjoy the convenience of one car garages with an additional parking space. Close to freeways, the beach, shops, restaurants and stores. With its prime location, generous lot size and the updated units, this property would be perfect for someone wanting to own a 4 unit property in the heart of Long Beach.

M
Megan Davis
Listing Agent

Nearby schools

5/10
Willard Elementary School
Public,K-50.4mi
6/10
Burbank Elementary School
Public,K-50.5mi
7/10
Lee Elementary School
Public,K-50.6mi
7/10
Lincoln Elementary School
Public,K-50.8mi
4/10
Whittier Elementary School
Public,K-50.8mi
6/10
Bryant Elementary School
Public,K-51.1mi
9/10
Fremont Elementary School
Public,K-51.1mi
7/10
Jefferson Leadership Academies School
Public,6-80.8mi
6/10
Franklin Classical Middle School
Public,6-81.0mi
6/10
Wilson High School
Public,9-121.2mi
6/10
Polytechnic High School
Public,9-121.4mi

Price History

Date
Event
Price
09/27/96
Sold
$110,000
12/04/03
Sold
$475,000
03/26/03
Sold
$250,000
Condition Rating
Fair

This 1924-built multifamily property presents a mixed condition. While two of the four units have been recently remodeled with new cabinets, bathrooms, vinyl flooring, and fresh paint, the other two units are explicitly stated to require significant updates. The exterior appears maintained for its age, but the overall property is nearly a century old, suggesting that core infrastructure (plumbing, electrical, roof) may be outdated and require substantial investment in the long term, as noted in the property analysis. Without interior photos of the un-remodeled units, it's reasonable to assume they are functional but show signs of being outdated, aligning with the 'fair' category's criteria of requiring minor updates or repairs and having major components that are functional but show signs of being outdated.
Pros & Cons

Pros

Great Schools: Elementary School: Fremont Elementary School (9/10).
Multifamily Investment Opportunity: This is a 4-unit multifamily property (quadruplex), offering diversified income streams and a strong investment profile in a desirable rental market.
Prime Long Beach Location: Located in the sought-after Rose Park neighborhood in Eastside Long Beach, providing excellent access to freeways, the beach, shops, restaurants, and stores, enhancing tenant demand.
Generous Lot Size & Layout: The property sits on an exceptionally large 6,491 sqft lot with two separate buildings, offering unique space, potential for outdoor amenities, and future value appreciation.
Partial Modernization & Outdoor Living: Two of the four units have been recently remodeled with new cabinets, bathrooms, flooring, and paint, and include private patios, making them highly attractive to tenants and reducing immediate renovation needs for half the property.
Dedicated Parking for All Units: Each of the four units benefits from a dedicated one-car garage plus an additional parking space, a significant and highly valued amenity in an urban environment.

Cons

Inconsistent Unit Condition: Only two of the four units have been remodeled, indicating that the remaining two units will likely require significant updates to maximize rental income and tenant appeal, incurring future capital expenditure.
Property Age and Potential Infrastructure Needs: Built in 1924, the property is nearly a century old, which suggests potential for aging core infrastructure (e.g., plumbing, electrical, roof) that may require substantial investment in the long term.
Limited Unit Configuration: All four units are 1 bedroom, 1 bath, which may limit the tenant pool primarily to singles or couples, potentially reducing rental market flexibility compared to properties with a mix of unit sizes.
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