1070 N Loma Vista Drive, Long Beach, California 90813, Long Beach, 90813 - bed, bath

1070 N Loma Vista Drive, Long Beach, California 90813 home-pic-0

1070 N Loma Vista Drive

Long Beach, California 90813

ACTIVE
CONDITION: FAIR
0Beds
0Baths
2,644Sq Ft
6,674Lot Size

Property Price

LIST PRICE$1,149,900

SUMMARY

Analysis of 1070 N Loma Vista Drive, Long Beach, California 90813 is currently available with a list price of $1,149,900. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1919, this 5-unit property is aged. While one unit has been beautifully remodeled with modern kitchen cabinets, quartz countertops, and new flooring, the description indicates the other four units require updates to maximize value. The overall property, including the exterior and non-remodeled units, reflects its age and a need for further investment, aligning with the 'Fair' category where a property is aged but maintained with some updates, and major components in most units show signs of being outdated.

PROSSTRENGTHS & OPPORTUNITIES

  • Qualified Opportunity Zone

    Located in a Qualified Opportunity Zone, this property offers significant tax advantages for investors, enhancing its financial appeal.

  • Versatile 5-Unit Income Property

    A highly versatile 5-unit rental property (1 house, 4 apartments) providing diverse income streams and flexibility for owner-occupancy.

  • Prime Long Beach Location

    Unbeatable location just 1.5 miles from Shoreline Village, 2 miles from the Queen Mary, and walking distance to Drake Park, ensuring high rental demand.

CONSRISKS & DEFICIENCIES

  • Historic Property Age

    Built in 1919, the property's age suggests potential for deferred maintenance and outdated systems in the non-remodeled units.

  • Significant Renovation Capital Needed

    While one unit is updated, the description implies substantial capital investment is required for the remaining units to maximize rental income and property value.

  • Historic District Renovation Restrictions

    Designation within a Historic District may impose limitations and increase costs or complexity for future renovations and exterior modifications.

About 1070 N Loma Vista Drive

Located in a Qualified Opportunity Zone, this exceptional investment opportunity sits in the heart of Long Beach! This versatile 5-unit rental property offers a highly desirable layout and prime location, making it an easy-to-rent option for savvy investors or owner-occupants. At the front of the expansive lot, a cozy 2-bedroom, 1-bath house greets you with its inviting character. The front house offers a private garage and a dedicated laundry area. Step inside to find a comfortable living space with plenty of potential to make it your own home, or use as the premier rental unit of the five offerings. Behind the front house, you’ll find four (4) additional 1-bedroom, 1-bath units, each with its own covered front porch—perfect for enjoying Long Beach’s coastal breeze. One of these units was just beautifully remodeled and is now vacant, ready to welcome a new tenant or even a potential owner. The remodeled unit features wide plank light oak laminate flooring, custom built-in cabinetry in the living room, crisp white shaker kitchen cabinets, elegant quartz countertops, and stylish five-panel shaker doors. With new plumbing and abundant natural light, this unit stands out as a bright and modern living space, showcasing the possibilities with the remaining units. Of the other four units, three are tenant-occupied, offering steady income from day one, and they come with great potential for updates to further increase investment value. Each unit has its own separate electric and gas meter, adding convenience for both tenants and management. Situated on a spacious 6,674 sq. ft. lot, this property also boasts designation within the Historic District. The location is unbeatable—just 1.5 miles from Shoreline Village, where you’ll find a variety of dining and entertainment options. The iconic Queen Mary is only 2 miles away, and Drake Park, with its soccer fields, tennis courts, and playground, is within walking distance. Around the corner, you’ll also discover the Historic Bembridge House, adding a touch of local charm and history to the neighborhood. This property offers the perfect blend of modern updates, historic appeal, and prime location, making it a rare gem in Long Beach. Whether you’re looking to grow your investment portfolio or secure a steady income stream, 1070 N Loma Vista Drive is a must-see. Don’t miss this incredible opportunity!

Property Details

Public Facts

Property Type
Quadruplex
Year Built
1919
Lot Size
6,674 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
-

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds--
50%
Baths--
50%
Square foot2,6442,592
60%
Lot Size6,6745,001
53%
Price$1.15M$1.02M
67%
Price per sq ft$435$374
60%
Built year19191922
40%
HOA$0$0
50%
Days on market49138
13%

Pricing History

Listed for Sale

Jan 16, 2026

$1,149,900

Initial Listing

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