
Long Beach, California 90813
This Historic Craftsman Fourplex Asset is listed at $1,296,000, positioned near its $1,247,598 Fair Market Value. Situated in the heart of the Drake Park Historic District, the property offers a substantial 4,116 sqft of living space across a diverse unit mix, including rare 4-bedroom and 3-bedroom configurations. Currently maintaining a Condition Rating of 4, the drive-by only status suggests significant potential for forced appreciation through interior renovations. This high-character property represents a strategic long-term play for Buy-and-Hold Investors or Value-Add Specialists targeting the resilient Long Beach rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1119 N Loma Vista Subject | $1,296,000* List Price | 0 | 0 | 4,116 | $303 | - |
A 433 W 9th Street Sold | $1,285,000 | 0 | 0 | 5,018 | $256 | 0.3 mi |
B 1364 Cherry Sold | $970,000 | 0 | 0 | 2,544 | $381 | 0.3 mi |
C 757 759 N Loma Vista Active | $1,288,888 List Price | 0 | 0 | 3,500 | $368 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1915 Craftsman fourplex is located in a historic district and retains its original architectural character, but the 'drive-by only' restriction and lack of interior photos strongly suggest the interior components—including kitchens, bathrooms, and electrical systems—are aged and likely require updates. While the exterior appears maintained, the property's age and the nature of the listing indicate it is functional but shows significant signs of being outdated compared to modern standards.
This 1915 Craftsman-style fourplex is located in the Drake Park Historic District, offering unique character and timeless aesthetic appeal that distinguishes it from standard multi-family developments.
The property features a rare combination of large 4-bedroom and 3-bedroom units alongside two 1-bedroom units, providing significant rental versatility and the ability to attract long-term tenants seeking a residential feel.
With over 4,100 square feet of living space on a generous 6,220 square foot lot, the property offers a high ratio of square footage per unit, supporting premium rental rates and tenant comfort.
The 'drive-by only' status and requirement for an offer prior to interior inspection create a significant barrier for traditional buyers and may indicate challenges with tenant cooperation or interior deferred maintenance.
As a century-old structure in a historic district, the property likely requires specialized maintenance and must adhere to strict local preservation guidelines for any exterior renovations or repairs, potentially increasing ownership costs.
Own a stylish Craftsman-style fourplex rich in character and historic charm. The spacious two-story front building has a residential feel and features a 4-bedroom, 2-bath upper unit and a 3-bedroom, 2-bath lower unit, both offering generous living space. At the rear of the property, a separate building includes two 1-bedroom, 1-bath units, creating a versatile and desirable multi-unit layout. Situated in the heart of the historic Drake Park Historic District, this property blends classic architecture with strong investment potential in one of Long Beach’s most charming neighborhoods. Drive-by only. Offer subject to interior inspection.
No exterior & parking available.
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 | 4,116 | 2,544 | 87% |
| Lot Size | 6,220 | 6,220 | 50% |
| Price | $1.30M | $1.02M | 93% |
| Price per sq ft | $315 | $381 | 20% |
| Built year | 1915 | 1922 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 164 | 7% |
Mar 11, 2026
$1,296,000
Initial Listing
May 11, 2012
$469,000
Public Record
Sep 20, 2005
$850,000
Public Record
Apr 20, 2004
$625,000
Public Record
Mar 27, 2003
$420,000
Public Record
Jan 23, 2002
$282,000
Public Record
Jul 5, 2000
$300,000
Public Record
Sep 24, 1999
$170,000
Public Record
Nov 12, 1997
$155,000
Public Record