
Long Beach, California 90806
This duplex presents a Strong Value Opportunity with a List Price of $799,500—positioned well below the $841,661 Fair Market Value by 5%. This valuation gap offers $42,161 in Instant Equity for buyers. Featuring a 5-bedroom main unit and a detached 1-bedroom unit, the property has a Condition Rating of 5, requiring cosmetic updates to maximize rental yields. This is an ideal Residential Income asset for Buy-and-Hold Investors or Owner-Occupants seeking to leverage house-hacking strategies near the Long Beach coast.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1100 E Salt Lake Subject | $799,500* List Price | 6 | 3 | 2,114 | $398 | - |
A 932 E 23rd Street Sold | $838,000 | 4 | 3 | 1,900 | $441 | 0.2 mi |
B 1914 Locust Active Under Contract | $779,000 List Price | 5 | 3 | 1,844 | $422 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1955 (71 years old) with no evidence of recent renovations; the listing explicitly states the property needs 'TLC' and a 'toolbelt,' suggesting original or aged systems, kitchens, and baths that require significant rehabilitation.
The duplex configuration, featuring a large 5-bedroom main unit and a detached 1-bedroom unit, offers exceptional flexibility for house-hacking, multi-generational living, or maximizing rental yields.
Priced to sell and requiring cosmetic updates, this property serves as a blank canvas for investors to build immediate sweat equity and customize the space to modern market standards.
Located just 2.2 miles from the ocean, the property provides convenient access to Long Beach’s vibrant beaches, local dining, and public transit, enhancing its long-term desirability.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
The property is noted to need 'TLC' and cosmetic repairs, which will require the buyer to have additional liquid capital and a vision for renovation immediately upon closing.
Built in 1955, the home likely features dated systems and lacks modern amenities such as central cooling, which may necessitate costly infrastructure upgrades to meet current tenant expectations.
Incredible investment or multi-family opportunity in the heart of Long Beach! Located just 2.2 miles from the ocean, this classic duplex offers a prime location with immense potential. The front main unit has 5 bedrooms 2 baths; the detached back unit has a 1 bedroom 1 bath. Perfect for savvy investors looking to add a high-upside property to their portfolio, or for an owner-user family wanting to live in one unit and rent out the other to pay the mortgage. The property needs some TLC and cosmetic updates, making it the perfect blank canvas to build sweat equity and customize to your exact taste. Enjoy close proximity to Long Beach’s vibrant coastal lifestyle, beautiful beaches, local dining, shopping, and public transit. Whether you are looking for a steady rental income stream or a multi-generational family compound, this beach-adjacent duplex is an opportunity you don’t want to miss. Bring your toolbelt and your vision—this property is priced to sell and won't last long!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.9 |
| Baths | 3.0 | 4.4 |
| Square foot | 2,114 | 2,300.724 |
| Lot Size | 5,227 | 5,277.379 |
| Price | $799.5K | $1.24M |
| Price per sq ft | $378 | $513 |
| Built year | 1955 | 1949 |
| HOA | $0 | $0 |
| Days on market | 8 | 74 |
Sep 1, 2026
$799,500
Initial Listing
Jul 18, 2012
$300,000
Public Record
Dec 27, 1999
$175,000
Public Record
May 27, 1999
$90,500
Public Record