150 Saint Joseph, Long Beach, California 90803, Long Beach, 90803 - bed, bath
150 Saint Joseph
Long Beach, California 90803
Property Price
SUMMARY
Analysis of 150 Saint Joseph, Long Beach, California 90803 is currently available with a list price of $1,950,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1956, this 5-unit property appears to be well-maintained through regular upkeep but lacks evidence of recent major renovations. The exterior shows vintage architectural elements and the listing analysis specifically highlights 'vintage infrastructure' and the need for modernization of mechanical systems and cosmetic updates to achieve market rates. It remains functional and occupied but shows signs of being outdated consistent with the 'fair' criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Naples Elementary School (10/10).
- Premier Coastal Location
Situated 'below 2nd Street' in the heart of Belmont Shore, this property offers unparalleled walkability to the beach, Alamitos Bay, and the vibrant 2nd Street dining and retail corridor.
- High-Yield Investment Potential
As a multi-unit residential income property in a high-demand rental market, this 5-unit asset provides a rare opportunity for consistent cash flow and long-term capital appreciation.
CONSRISKS & DEFICIENCIES
- Limited Parking Ratio
With only two garages and one parking space for five units, the parking-to-unit ratio is low, which is a notable challenge in the densely populated Belmont Shore area.
- Vintage Infrastructure
Built in 1956, the property may require significant capital expenditures for modernizing mechanical systems or cosmetic updates to achieve and maintain market-leading rental rates.
About 150 Saint Joseph
Great location below 2nd Street with 5 units, 2 garages & 1 parking space. Easy walk to beach, bay or 2nd Street shopping. Sale is not subject to 1031 exchange.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1956
- Lot Size
- 3,149 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Long Beach Unified Schools
Lowell Elementary School
Grades K-5 • 0.5 mi
Naples Elementary School
Grades K-5 • 0.7 mi
Rogers Middle School
Grades 6-8 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,966 | 2,745 | 59% |
| Lot Size | 3,149 | 3,215 | 50% |
| Price | $1.95M | $1.61M | 68% |
| Price per sq ft | $657 | $659 | 50% |
| Built year | 1956 | 1938 | 82% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 249 | 5% |
Pricing History
Listed for Sale
Mar 3, 2026
$1,950,000
Initial Listing