
Long Beach, California 90803
This Duplex Residential Income Property is a Strong Value Opportunity, listed at $1,475,000—positioned well below the $1,490,008 Fair Market Value by 1%. This valuation gap offers $15,008 in Instant Equity. Featuring a Fair Condition Rating, the property offers a Spanish-style main residence and a separate upper unit, providing excellent rental flexibility. Located near Top-Rated Schools like Naples Elementary, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a coastal lifestyle with income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 169 Roycroft Subject | $1,475,000* List Price | 2 | 3 | 1,942 | $767 | - |
A 75 Claremont Sold | $1,880,000 | 4 | 4 | 2,237 | $840 | 0.5 mi |
B 243 Ximeno Avenue Sold | $1,362,000 | 4 | 2 | 1,772 | $769 | 0.3 mi |
C 75 Granada Sold | $1,275,000 | 0 | 4 | 1,349 | $945 | 0.2 mi |
D 75 Claremont Sold | $1,880,000 | 0 | 0 | 2,300 | $817 | 0.5 mi |
E 140 Saint Joseph Sold | $1,625,000 | 0 | 0 | 2,424 | $670 | 0.1 mi |
F 66 Pomona Ave Sold | $1,675,000 | 0 | 0 | 2,200 | $761 | 0.5 mi |
G 243 Ximeno Avenue Sold | $1,362,000 | 0 | 0 | 1,772 | $769 | 0.3 mi |
H 75 Granada Sold | $1,275,000 | 0 | 0 | 1,349 | $945 | 0.2 mi |
I 210 Glendora Avenue Active Under Contract | $1,675,000 List Price | 4 | 4 | 2,207 | $759 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the 1927 Spanish-style home is exceptionally well-maintained and move-in ready, the kitchens and bathrooms appear to have been renovated 20-30 years ago. The presence of dated wood and white cabinetry, older tile countertops, and aging appliances aligns with the 'Fair' criteria, as these areas will eventually require modernization despite their functional condition.
Elementary School: Naples Elementary School (10/10).
Ideally situated in the heart of Belmont Shore, the property is just blocks from the beach and a three-minute walk to the premier shopping and dining corridor of Second Street.
The duplex configuration, featuring a character-filled main residence and a separate upper unit, provides excellent flexibility for rental income, multigenerational living, or guest accommodations.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1942, other record living area = 1841. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
The main residence currently features only one formal bedroom, which may limit appeal for buyers requiring more traditional family living spaces without undergoing a conversion.
As a structure built in the 1920s, the property may require ongoing investment to maintain or upgrade aged systems and preserve its historic Spanish architectural integrity.
Discover timeless Spanish charm in the heart of Belmont Shore. Built in 1924, this character-filled property features a beautifully maintained single-level main residence and a separate one-bedroom upper unit, creating an exceptional opportunity for owner-occupants, multigenerational living, or rental income. The 1,285-square-foot main residence showcases classic architectural details, including hardwood flooring throughout, cased windows, and stunning arched windows that bathe the living and dining rooms in natural light. The spacious floor plan features one bedroom, one and one-half baths, and a welcoming family room with a cozy fireplace, built-in desk, and a large closet that offers the potential to be converted into a second bedroom. A spacious front patio embraces the quintessential Belmont Shore lifestyle, providing the perfect setting for morning coffee, entertaining guests, or simply enjoying the coastal breeze. Above the garage, the private 657-square-foot one-bedroom unit features its own entrance, living room, dining area, kitchen, full bath, and bedroom with a private balcony, offering an ideal space for guests, extended family, or rental income. A rare Belmont Shore offering, the property includes two independent oversized one-car garages providing exceptional parking, storage, and convenience. Ideally situated just blocks from the beach and less than a three-minute stroll to the vibrant shops, restaurants, cafés, and boutiques along Second Street, this exceptional property seamlessly blends historic Spanish architecture, flexible living spaces, and an unbeatable coastal lifestyle in one of Long Beach's most sought-after neighborhoods.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
Grades 6-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,942 | 2,100 |
| Lot Size | 3,066 | 5,077.5 |
| Price | $1.48M | $1.14M |
| Price per sq ft | $760 | $519 |
| Built year | 1927 | 1950 |
| HOA | $0 | $0 |
| Days on market | 22 | 68 |
Jun 30, 2026
$1,475,000
Initial Listing