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1148 Locust Avenue, Long Beach, California 90813, Long Beach, 90813 - 3 bed, 4 bath

1148 Locust Avenue, Long Beach, California 90813 home-pic-0
ACTIVE$1,039,999
1148 Locust Avenue, Long Beach, California 90813
3Beds
4Baths
1,706Sqft
3,920Lot
Year Built
1915
Close
-
List price
$1.04M
Original List price
$1.04M
Price/Sqft
$610
HOA
-
Days on market
-
Sold On
-
MLS number
DW25257172
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

Fairly Priced:The estimated price is in line with the list price. We found 4 Cons,5 Pros. Rank: price - $1.04M(88th), sqft - 1706(88th), beds - 3(50th), baths - 4(94th).

Welcome to this stunning turnkey property in the heart of Long Beach, California! Located just minutes from the beach, major freeways, and surrounded by the charm of a historic neighborhood, this beautifully remodeled property offers the perfect blend of style, convenience, and opportunity. The front home features three bedrooms and two-and-a-half bathrooms with an open floor plan, cozy fireplace, brand-new kitchen cabinets, modern flooring, new windows, and included appliances. In addition, there’s a fully permitted detached ADU—a stylish studio complete with a kitchenette, tankless water heater, and its own electrical meter. Both units include stackable washer and dryer sets, and the property offers a long driveway with ample parking. There is also a basement on the front home - perfect for storage. With two electrical meters, one gas meter, and one water meter, this property is ideal for first-time homebuyers who want to live in one unit and rent the other, or investors looking for strong cash flow in a desirable area. Don’t miss out on this beautifully upgraded home that truly checks all the boxes!

Price History

Date
Event
Price
11/13/25
Listing
$1,039,999
12/23/22
Sold
$560,000
03/27/07
Sold
$482,000
09/11/03
Sold
$300,000
Condition Rating
Excellent
Despite being built in 1915, this property has undergone an extensive and high-quality modern renovation, making it a 'turnkey' home. The kitchen features brand-new two-tone cabinets, stainless steel appliances, and a stylish subway tile backsplash. Bathrooms are fully updated with modern hexagonal and subway tiling, new fixtures, and vanities. New light-colored flooring, recessed lighting, and mini-split AC units are present throughout the main house. The detached ADU also appears newly constructed/renovated with similar modern finishes, including a kitchenette and tankless water heater. All components are virtually new, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Income-Generating ADU: Features a fully permitted detached Accessory Dwelling Unit (ADU) with its own electrical meter and kitchenette, offering significant rental income potential or flexible multi-generational living options.
Extensive Modern Renovation: The property has undergone a beautiful and extensive remodel, including brand-new kitchen cabinets, modern flooring, new windows, and included appliances, making it a turnkey home.
Prime Coastal Urban Location: Situated in the heart of Long Beach, minutes from the beach and major freeways, offering excellent convenience and access to urban amenities and coastal attractions.
Ample Parking & Storage: Provides a long driveway with ample parking, a valuable asset in an urban environment, complemented by a basement in the main home for additional storage.
Investment Versatility: Ideal for both first-time homebuyers seeking to offset mortgage costs by renting the ADU, and investors looking for strong cash flow in a desirable market.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1706, other record living area = 1500.
Age of Original Structure: Built in 1915, the property's historic age, despite extensive remodeling, may present potential for unforeseen maintenance or specific insurance considerations related to older infrastructure.
Absence of Central Air Conditioning: The property description does not mention a central air conditioning system, which could be a significant comfort concern during warmer months in Southern California.
Modest Lot Size: With a lot size of 3920 sqft, outdoor living space may be limited, and future expansion beyond the existing structures could be challenging.

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