150 Saint Joseph, Long Beach, California 90803, Long Beach, 90803 - 0 bed, 0 bath
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Long Beach, California 90803
This Residential Income Asset is listed at $1,950,000, representing a stable entry point near its $1,883,466 Fair Market Value. Currently holding a Fair Condition Rating, the property offers a clear path to forced appreciation through modernizing its 1956-era interiors. Located in a prime coastal pocket with access to the 10/10 Naples Elementary School, the asset benefits from separate utility meters and high rental demand. This is a strategic long-term play for Buy-and-Hold Investors or Value-Add Specialists looking to capitalize on the prestigious Belmont Shore submarket.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 150 Saint Joseph Subject | $1,895,000* List Price | 0 | 0 | 2,966 | $603 | - |
A 223 Bennett Sold | $1,660,000 | 5 | 2 | 3,240 | $512 | 0.4 mi |
B 66 Santa Ana Avenue Sold | $1,500,000 | 0 | 0 | 3,300 | $455 | 0.4 mi |
C 101 Argonne Sold | $2,300,000 | 4 | 4 | 3,028 | $760 | 0.1 mi |
D 61 Bennett Sold | $1,424,003 | 0 | 0 | 2,362 | $603 | 0.3 mi |
E 66 Pomona Ave Sold | $1,675,000 | 0 | 0 | 2,200 | $761 | 0.4 mi |
F 267 La Verne Avenue Sold | $1,525,000 | 0 | 0 | 2,880 | $530 | 0.4 mi |
G 111 Ximeno Active | $1,730,000 List Price | 0 | 0 | 2,675 | $647 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1956, is in functional condition but significantly outdated. The kitchen features original-style yellow tile countertops and older white appliances, while the bathroom retains vintage blue tiling and fixtures. While the units appear maintained, the flooring, wall heaters, and overall aesthetic reflect a lack of recent major renovations, placing it firmly in the 'fair' category as it requires modernization to meet current market standards.
Elementary School: Naples Elementary School (10/10).
Situated 'below 2nd Street' in the heart of Belmont Shore, the property offers exceptional walkability to the beach, Alamitos Bay, and the vibrant 2nd Street retail and dining corridor.
The property features separate meters for each of the five units and the laundry room, significantly reducing owner utility overhead and simplifying property management.
With only three dedicated parking spaces (2 garages and 1 spot) for five units, the property faces a significant deficit in a neighborhood known for extremely challenging street parking.
Constructed in 1956, the building may require substantial capital expenditures for system upgrades or modernizing interiors to achieve top-of-market rental rates.
Great location below 2nd Street with 5 units, 2 garages & 1 parking space. Easy walk to beach, bay or 2nd Street shopping. Separate meters for each unit & the laundry room. Sale is not subject to 1031 exchange.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
Grades 6-8 • 0.6 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 | 2,966 | 2,324 | 75% |
| Lot Size | 3,149 | 3,153 | 42% |
| Price | $1.90M | $1.53M | 83% |
| Price per sq ft | $639 | $715 | 38% |
| Built year | 1956 | 1943 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 149 | 25% |
Apr 8, 2026
$1,895,000
$1,950,000
-3% Price Drop
Initial Listing
Mar 3, 2026
$1,950,000
Initial Listing