
Long Beach, California 90813
This Turnkey Multi-Unit Asset is listed at $1,099,900, representing a stable valuation near its $1,045,749 Fair Market Value. The property features a Mint Condition Rating following a total down-to-the-studs renovation, including a revived Craftsman home with a covered stone patio. Situated on a 7,000+ sq ft lot in the Poly High district, the site offers three units and rare 7-car parking capacity, providing exceptional rental versatility. This is a premier acquisition for Owner-Occupants seeking a sophisticated house-hack or Buy-and-Hold Investors targeting the Long Beach market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1347 Atlantic Subject | $1,049,900* List Price | 0 | 0 | 2,085 | $497 | - |
A 823 Maine Sold | $750,000 | 0 | 0 | 1,645 | $456 | 1.0 mi |
B 823 Maine Sold | $750,000 | 4 | 2 | 1,645 | $456 | 1.0 mi |
C 913 Walnut Avenue Sold | $845,000 | 0 | 0 | 1,650 | $512 | 0.8 mi |
D 1030 Daisy Active | $1,150,000 List Price | 0 | 0 | 1,885 | $610 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a complete 'down to the studs' renovation including a full electrical re-wire with a new panel, full HVAC system, and new plumbing fixtures. The kitchen and bathrooms are fully modernized with contemporary finishes, and the home features new vinyl windows and flooring throughout, meeting the criteria for a mint-condition renovation under 5 years old.
The primary Craftsman residence has been meticulously renovated down to the studs, featuring a full electrical re-wire, new HVAC system, and updated plumbing, significantly reducing immediate capital expenditure for a new owner.
This multi-unit configuration, including a 3-bedroom front home, a rear studio, and a third income-producing unit, provides exceptional flexibility for owner-users to offset their mortgage or for investors to maximize rental yield.
Rare for the high-density Long Beach market, the property offers two separate driveways with parking for up to seven vehicles, a major value-add for multi-unit occupancy and tenant retention.
The property was recently sold within the past year on 2025-07-10. The sold price is $625,000.00.
Located on Atlantic Avenue, the property is subject to significant street noise and urban traffic, which may detract from the residential appeal for some premium-market tenants.
Despite extensive modern upgrades, the 1912 original construction may still present inherent challenges related to its century-old foundation and historical structural layout compared to contemporary builds.
Income Producing • Duplex + Additional Unit • Owner-User Opportunity • Renovated• Located at 1347 Atlantic Ave in Long Beach, this income-producing property offers multiple units and flexible living options on a 7,000+ sq ft lot, ideal for investors or owner-users looking to offset their mortgage. The front home is a revived single-story Craftsman, offering over 1,700 sq ft with 3 bedrooms and 2 bathrooms, blending modern upgrades with preserved classic character. The home has been taken down to the studs and fully renovated, featuring a massive open-concept kitchen with large countertop seating, updated finishes, and seamless flow into the main living areas—ideal for everyday living and entertaining. Interior improvements include designer lighting, updated plumbing fixtures, mirrors, vinyl windows, full HVAC system, full electrical re-wire with new panel, and new water heater. The primary suite offers generous space with an en-suite bath, creating a comfortable private retreat. The rear unit is a studio apartment, and the property also includes a third income-producing unit (inquire for details), providing additional rental potential and flexibility for extended occupancy or supplemental income. Exterior features include a large covered front patio resurfaced with stone, turf front yard, large rear backyard, fresh landscaping, and expansive driveway space with parking for multiple vehicles, including a 5-car driveway for the front home and separate 2-car driveway for the rear unit. A rare opportunity to own a fully renovated, multi-unit property with strong income potential, flexible living options, and extensive upgrades already completed.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,085 | 2,100 |
| Lot Size | 7,056 | 5,077.5 |
| Price | $1.05M | $1.14M |
| Price per sq ft | $504 | $519 |
| Built year | 1912 | 1950 |
| HOA | $0 | $0 |
| Days on market | 90 | 68 |
Jul 9, 2026
$1,049,900
$1,074,900
-2% Price Drop
Initial Listing
May 27, 2026
$1,074,900
$1,099,900
-2% Price Drop
Initial Listing
Apr 23, 2026
$1,099,900
Initial Listing
Jul 10, 2025
$625,000
Public Record