1061 E South Street, Long Beach, California 90805, Long Beach, 90805 - 4 bed, 3 bath

1061 E South Street, Long Beach, California 90805 home-pic-0
ACTIVE$819,000
1061 E South Street, Long Beach, California 90805
4Beds
3Baths
1,680Sqft
4,525Lot
Year Built
1957
Close
-
List price
$819K
Original List price
$775K
Price/Sqft
$488
HOA
-
Days on market
-
Sold On
-
MLS number
PW24058262
Home ConditionExcellent
Features
Patio
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $819.0K(42th), sqft - 1680(39th), beds - 4(74th), baths - 3(84th).

Updated Spanish Style Duplex 3 bed 2 bath with fully permitted ADU. Nestled in the heart of a vibrant and up-and-coming neighborhood, this stunning Spanish-style duplex offers a unique blend of classic charm and modern convenience. Boasting two bedrooms and one bathroom in the front unit, with an attached 1 bed 1 bath suite along with separate newly built rear one bedroom one bath ADU, this property presents an exceptional opportunity for versatile living arrangements. This would be the ideal mutigenerational set up for a family that continues to desire living together on the same lot in different buildings. As you step onto the property, you're greeted by the timeless appeal of Spanish architecture, characterized by stucco exteriors, arched doorways, and tile roofs. The Front Suite has been fully renovated, the 2 bedroom unit has undergone a full update. With new kitchen, bathroom, flooring and paint and hvac, wood laminate flooring, spanish saltillo tile in the restroom. Each unit within the home features a thoughtfully designed layout, seamlessly blending functionality with aesthetic appeal. The spacious living areas are bathed in natural light, creating an inviting atmosphere for relaxation and entertainment. The kitchen is equipped with modern appliances, ample cabinetry, and stylish countertops, perfect for culinary enthusiasts. There is a laundry hook up inside the kitchen cabinets for additional convenience. The bedrooms offer peaceful retreats. The well-appointed bathroom features elegant fixtures and finishes, providing a luxurious experience for residents.

Price History

Date
Event
Price
08/23/25
Price Change
$819,000-2.4%
08/02/25
$839,000
04/08/24
$775,000
10/28/22
Sold
$322,000
07/23/03
Sold
$215,000
06/04/03
Sold
$170,000
Condition Rating
Excellent

Despite being built in 1957, this property has undergone extensive and recent renovations, including a 'fully updated' front unit with new kitchen, bathroom, flooring, paint, and HVAC, as well as a 'newly built' permitted ADU. The images confirm modern, high-quality finishes, stainless steel appliances, recessed lighting, and new flooring (wood laminate and tile) throughout. Both the main unit and ADU feature modern kitchens and bathrooms with updated fixtures and styles. The presence of new HVAC and mini-split systems indicates updated mechanicals. All components appear new or virtually new, meeting current quality standards with no visible deferred maintenance, aligning perfectly with the 'Excellent' condition criteria for a recently and extensively renovated property.
Pros & Cons

Pros

Exceptional Income & Multi-Generational Potential: This property features a duplex with a fully permitted, newly built ADU, offering versatile living arrangements and significant rental income opportunities for investors or multi-generational families.
Extensive Modern Renovations: Key areas including kitchens, bathrooms, flooring, paint, and HVAC have been fully updated, providing a turn-key condition and modern amenities for immediate occupancy.
Charming Spanish Architecture: The property boasts classic Spanish-style aesthetics with stucco exteriors, arched doorways, and tile roofs, enhancing its curb appeal and market desirability.
Strategic Location in Emerging Area: Situated in a vibrant and 'up-and-coming' neighborhood in North Long Beach, indicating potential for future property value appreciation and community growth.
Desirable City Lights View: The property offers a city lights view, adding an attractive aesthetic feature and contributing to its overall appeal and perceived value.

Cons

Recent Price Adjustments: The listing history shows a price increase followed by a reduction, which might signal market resistance at higher price points or suggest the initial pricing strategy was aggressive.
Modest Lot Size for Multi-Unit: The 4,525 sqft lot size is relatively compact for a property with multiple units (duplex + ADU), potentially limiting private outdoor space for each tenant or resident.
Original Construction Age (1957): Despite extensive updates, the 1957 build year may raise buyer questions regarding the condition of non-updated original systems (e.g., main plumbing lines, foundation) or potential for older material disclosures.

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