
Long Beach, California 90803
This Duplex Residential Income property is a Strong Value Opportunity, listed at $1,595,000—positioned well below the $1,697,305 Fair Market Value by 6%. This valuation gap offers $102,305 in Instant Equity. Featuring a Condition Rating of 3, the property includes modern kitchen updates and a versatile 1-bed/1-bath rental unit. Located in a "Walker’s Paradise" near top-tier schools like Naples Elementary (10/10), it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack in Belmont Shore.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 152 Park Avenue Subject | $1,595,000* List Price | 0 | 0 | 2,490 | $682 | - |
A 140 Saint Joseph Sold | $1,625,000 | 0 | 0 | 2,424 | $670 | 0.0 mi |
B 118 Roycroft Avenue Sold | $1,610,000 | 0 | 0 | 2,722 | $591 | 0.1 mi |
C 118 Roycroft Avenue Sold | $1,610,000 | 5 | 3 | 2,722 | $591 | 0.1 mi |
D 75 Claremont Sold | $1,880,000 | 0 | 0 | 2,300 | $817 | 0.5 mi |
E 150 Saint Joseph Sold | $1,850,000 | 0 | 0 | 2,966 | $624 | 0.0 mi |
F 61 Bennett Sold | $1,424,003 | 0 | 0 | 2,362 | $603 | 0.3 mi |
G 66 Pomona Ave Sold | $1,675,000 | 0 | 0 | 2,200 | $761 | 0.4 mi |
H 74 Argonne Active | $1,695,000 List Price | 4 | 4 | 2,284 | $742 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1956, the property has undergone significant interior updates, including a modern kitchen with white shaker cabinetry, stone countertops, and subway tile backsplash. The hardwood floors are well-maintained and the unit appears move-in ready. However, the presence of older wall heaters and original-style windows prevents an 'excellent' rating.
Elementary School: Naples Elementary School (10/10).
Located in the heart of Belmont Shore with a 'Walker’s Paradise' rating, the property is steps from the beach and the high-end dining and shopping on 2nd Street.
This duplex features a dedicated 1-bedroom rental unit and will be delivered vacant, offering an ideal 'house-hack' opportunity to offset mortgage costs with market-rate rental income.
Built in 1956, the property may require significant capital expenditures for modernizing systems or cosmetic updates to compete with newer luxury developments in the area.
With a lot size of just under 3,000 square feet, the property offers minimal private yard space, which may limit appeal for buyers prioritizing outdoor entertaining or gardening.
Ultimate Coastal Living Meets Smart Investment in Belmont Shore! Welcome to 152 Park Ave, a premier coastal opportunity nestled in the heart of one of Long Beach’s most desirable and tight-knit beachside neighborhoods. Situated just steps from the sand, this property perfectly captures the laid-back yet vibrant Southern California lifestyle. With a "Walker’s Paradise" rating,enjoy a short, sun-drenched stroll to the iconic 2nd Street, where an array of local boutiques, cafes, and upscale dining options await. Whether you are grabbing your morning espresso or enjoying a sunset dinner, the best of the Shore is right at your doorstep. The crown jewel of this property is its incredible versatility. The layout features a 1bed/1bath rental unit, with a dedicated parking garage,on site laundry and private entrance. Use it as a steady long-term rental, a premium monthly beach getaway, or a perfect house-hack option to heavily offset your mortgage while living the coastal dream. Opportunities like this in the coveted pocket of 90803 rarely hit the market—don’t miss your chance to own a piece of the ultimate beachside community.
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 |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,490 | 2,100 |
| Lot Size | 2,987 | 5,077.5 |
| Price | $1.59M | $1.14M |
| Price per sq ft | $641 | $519 |
| Built year | 1956 | 1950 |
| HOA | $0 | $0 |
| Days on market | 32 | 68 |
Jun 20, 2026
$1,595,000
Initial Listing
Jun 1, 2000
$400,000
Public Record