
Long Beach, California 90802
This Rare Historic Duplex is a High-Potential Investment Opportunity, listed at $830,000—positioned well below the $932,356 Fair Market Value by 10%. This valuation gap offers $102,356 in Instant Equity for buyers. The property maintains a Well-Preserved Condition Rating, featuring oversized units with private laundry, private patios, and historic details. Located near Stevenson Elementary and Franklin Middle, the layout provides the privacy of two separate homes. This is a strategic acquisition for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking a stable coastal asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1116 E Appleton Subject | $830,000* List Price | 0 | 0 | 1,794 | $520 | - |
A 440 N Zona Court Sold | $945,000 | 0 | 0 | 1,846 | $512 | 0.3 mi |
B 629 Olive Avenue Sold | $1,050,000 | 0 | 0 | 1,824 | $576 | 0.5 mi |
C 1765 E 3rd Active Under Contract | $1,050,000 List Price | 0 | 0 | 1,806 | $581 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1924, this duplex is exceptionally well-maintained and move-in ready, preserving its historic charm with original hardwood floors, crown molding, and built-in cabinetry. While the kitchen and bathrooms feature older styles such as square tile countertops and pedestal sinks rather than a modern high-end renovation, the components are clean, functional, and show minimal wear and tear, fitting the criteria for a well-preserved property within its age bracket.
This duplex functions like two individual residences, featuring rare amenities for multi-family units including private laundry and separate fenced-in backyards.
At nearly 900 square feet per one-bedroom unit, the floor plans are significantly larger than standard market offerings, providing spacious living and dining areas.
Situated in the sought-after Belmont Heights/Alamitos Heights area, the property is close to top-rated schools and maintains strong long-term value.
Built in 1924, the property likely requires ongoing maintenance and potential upgrades to aging electrical, plumbing, and structural systems.
The one-bedroom configuration across both units may limit the tenant pool to singles or couples, potentially capping rental income compared to two-bedroom units.
Check out this amazing duplex that feels like two separate homes! Each of the units are vey large for one bedroom units with large dining and living room, charming kitchen, large bedrooms, private laundry, and private fenced in backyards. This is a vey rare gem of a property.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.8 mi
Grades 6-8 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,794 | 2,765 | 20% |
| Lot Size | 3,223 | 4,450 | 40% |
| Price | $830.0K | $1.10M | 20% |
| Price per sq ft | $463 | $463 | 50% |
| Built year | 1924 | 1923 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 194 | 13% |
Mar 13, 2026
$830,000
$825,000
+1% Price Increase
Initial Listing
Mar 6, 2026
$825,000
Initial Listing
Jan 31, 2011
$286,000
Public Record
Oct 29, 2010
$245,000
Public Record
Aug 16, 2005
$580,000
Public Record
Jun 4, 2002
$260,000
Public Record