1631 Pine, Long Beach, California 90813, Long Beach, 90813 - 0 bed, 0 bath
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Long Beach, California 90813
This Craftsman Triplex is a Strong Value Opportunity, listed at $950,000—positioned well below the $1,019,116 Fair Market Value by 6%. This valuation gap provides $69,116 in Instant Equity. The property holds a Condition Rating of 3, featuring a 3-bedroom main home plus two 1-bedroom units with separate utility meters and a rare five-car garage. Located near Roosevelt Elementary, this asset offers a large private patio and significant rental upside. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1631 Pine Subject | $950,000* List Price | 0 | 0 | 2,320 | $439 | - |
A 1364 Cherry Sold | $970,000 | 0 | 0 | 2,544 | $381 | 0.3 mi |
B 816 Cherry Sold | $1,175,000 | 0 | 0 | 2,600 | $452 | 0.3 mi |
C 911 E 10th Street Sold | $1,072,000 | 0 | 0 | 3,200 | $335 | 0.9 mi |
D 828 Maine Active | $999,500 List Price | 0 | 0 | 2,649 | $377 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and appears well-maintained for its 1910 vintage. The interior features significant cosmetic updates including new laminate wood flooring, fresh neutral paint throughout, recessed lighting, and modern ceiling fans. While the kitchen and bathrooms retain an older style with dated tile countertops and cabinetry, they are clean and functional. The exterior shows a well-kept facade and the presence of separated utility meters indicates updated infrastructure suitable for a multi-unit investment.
This triplex configuration features a large main Craftsman home plus two additional units with separate utility meters, offering excellent rental income or owner-user flexibility.
Rare for the area and vintage, the property includes five garages, providing significant value for tenants in a high-density neighborhood where parking is at a premium.
Situated on a generous 7,447 sq ft lot, the property offers a large backyard and patio area, a highly desirable amenity for both owners and tenants in an urban setting.
Built in 1910, this century-old Craftsman structure may require ongoing maintenance or capital improvements to modernize aging systems and preserve its historic integrity.
The main three-bedroom residence contains only 1.5 bathrooms, which may be seen as a drawback for larger families or modern rental expectations.
Large Beautiful two-story craftsman style Home with 3-bed 1.5 bath open floor plan with lots of natural light. Huge lot 7447 sq ft. Two great 1-bedroom 1 bath units above the 5 garages. Separated Laundry room, Separate gas and electric meters. Large backyard, patio for tenants or owners to enjoy. This Triplex property is Centrally located within minutes to downtown long beach easy access to 405 & 710 freeways
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.0 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 | 2,320 | 2,366 | 47% |
| Lot Size | 7,447 | 6,559 | 73% |
| Price | $950.0K | $985.0K | 40% |
| Price per sq ft | $409 | $409 | 50% |
| Built year | 1910 | 1922 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 164 | 7% |
Mar 18, 2026
$950,000
Initial Listing
Apr 23, 2012
$345,000
Public Record
Jul 1, 2008
$350,000
Public Record