
Long Beach, California 90810
This Multi-Unit Residential Income Asset is a High-Potential Investment Opportunity, listed at $1,249,000—positioned well below the $1,301,384 Fair Market Value by 4%. This valuation gap offers $52,384 in Instant Equity. Featuring newly constructed ADUs and a central courtyard, the property maintains a Condition Rating of 2. With an assumable 2.5% interest rate loan, this compound-style layout is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating property in Westside Long Beach.
Property is new construction or fully renovated.
The property features newly constructed ADUs and comprehensive modern renovations across the units. Interiors showcase high-end finishes including contemporary white shaker cabinetry, stainless steel appliances, stone backsplashes, recessed lighting, and updated flooring, indicating a full renovation within the last 5 years.
The property features a rare assumable loan at a 2.5% interest rate, offering buyers significant monthly savings and increased purchasing power compared to current market rates.
With four separate living spaces plus a bonus flex unit delivered completely vacant, the property provides exceptional flexibility for house hacking, multi-generational living, or immediate market-rate leasing.
The inclusion of newly constructed ADUs adds modern appeal and strong rental upside, evidenced by previous short-term rental success reportedly generating $5,000 per month.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2586, other record living area = 1696.
While the ADUs are new, the original structures date back to 1938, which may necessitate higher long-term maintenance costs or upgrades to older utility systems.
The local school scores, including a high school rating of 3, may be a deterrent for families prioritizing high-performing educational districts for their children.
Rare vacant multi-unit opportunity in a highly desirable Westside Long Beach location featuring 4 separate living spaces , offering exceptional versatility for investors, owner-occupants, house hackers, or multi-generational living. The property consists of a front 2-bedroom, 1-bath home, an upper-level 2-bedroom, 1-bath unit, a newly constructed 1-bedroom, 1-bath ADU, and an additional 2-bedroom, 1-bath rear unit, creating a unique compound-style layout where each residence feels like its own private home. Designed around a central courtyard, the property offers an inviting outdoor gathering space ideal for entertaining, relaxing, or creating separation and privacy between the residences. The courtyard enhances the property's charm and creates a true compound-style atmosphere that is difficult to find. Property has an assumable loan at 2.5 percent interest rate.Per seller, one of the units was previously utilized as a short-term rental and reportedly generated approximately $5,000/month in Airbnb income. Buyers are advised to independently verify all short-term rental regulations, permits, use restrictions, and income potential with the City of Long Beach. The property will be delivered completely vacant at closing, creating a rare opportunity to immediately occupy, lease at market rents, or customize the property to fit a variety of living and investment strategies. The newly built ADUs provide modern appeal and strong income potential. Conveniently located near restaurants, Silverado Park, freeways, public transportation, and nearby bus stops. Located in a very desirable area of Westside Long Beach and just minutes from the beach and ocean. Rare opportunities featuring new ADUs, multiple residences, bonus space, courtyard living, and vacant delivery are increasingly hard to find.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 50% |
| Baths | 0.0 | 1.0 | 50% |
| Square foot | 2,586 | 1,505 | 83% |
| Lot Size | 6,334 | 5,269.5 | 67% |
| Price | $1.25M | $930.0K | 83% |
| Price per sq ft | $483 | $506 | 50% |
| Built year | 1938 | 1954 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 120 | 17% |
May 24, 2026
$1,249,000
Initial Listing
Jan 5, 2021
$675,000
Public Record
Jul 5, 1996
$155,000
Public Record