1709 E Luray, Long Beach, California 90807, Long Beach, 90807 - 5 bed, 5 bath
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Long Beach, California 90807
This Versatile Residential Compound is a High-Potential Investment Opportunity, listed at $1,249,900—positioned well below the $1,285,324 Fair Market Value by 2%. This valuation gap provides $35,424 in Instant Equity. Boasting a Condition Rating of 3, the 5-bedroom layout is divided into two distinct living areas plus a separate studio and a garage with city-approved ADU plans. Located in the desirable Ridgewood Heights neighborhood within the Long Beach Unified School District, it offers exceptional flexibility. This is an ideal acquisition for Multi-Generational Families or Owner-Occupants seeking house-hacking potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1709 E Luray Subject | $1,249,900* List Price | 5 | 5 | 2,251 | $571 | - |
A 5011 Gundry Avenue Sold | $1,099,000 | 4 | 3 | 2,437 | $451 | 0.2 mi |
B 3911 California St Sold | $955,000 | 3 | 0 | 1,914 | $499 | 1.0 mi |
C 765 E Silva Street Sold | $1,280,000 | 5 | 3 | 1,861 | $688 | 0.6 mi |
D 4224 Falcon Sold | $1,200,000 | 4 | 2 | 1,916 | $626 | 0.8 mi |
E 1012 E 45th Sold | $1,100,000 | 3 | 2 | 1,833 | $600 | 0.7 mi |
F 4807 Bentree Sold | $1,220,000 | 3 | 3 | 1,906 | $640 | 0.4 mi |
G 4637 Falcon Active Under Contract | $1,050,000 List Price | 3 | 3 | 2,341 | $449 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant updates despite its 1942 build date. The kitchen features stainless steel appliances and travertine countertops, while the bathrooms have been modernized with marble tile, a Jacuzzi tub, and updated vanities. The inclusion of central air/heat, solar panels, and artificial turf indicates well-maintained systems and recent capital improvements, though the interior finishes reflect a style from a renovation approximately 10-15 years ago.
The property is uniquely configured into two separate living sections plus a detached studio, offering exceptional flexibility for multi-generational living or high-yield rental income.
The detached two-car garage includes city-approved plans for an Accessory Dwelling Unit (ADU), providing a significant head start for buyers looking to add value and density.
Situated in the desirable Ridgewood Heights neighborhood, the home boasts excellent curb appeal and proximity to top-rated schools, parks, and the vibrant Bixby Knolls shopping district.
The division of the main residence into two separate parts may deter traditional families seeking a cohesive, open-concept single-family living experience.
Built in 1942, the home may require more intensive maintenance of its core systems compared to newer builds, despite the various cosmetic and kitchen upgrades.
Wow! Wow! Wow! Bixby Knolls Location... What a Unique Property, Great Curb Appeal, Home has 5 Bedrooms / 5 Bathroom which is determine by the following: Home has been divided into 2 parts, 1st part (Front house) is a 2 Bedroom / 1 Bathroom & Kitchenette Area and this part of the home is being used as a separate Unit, 2nd Part of home (the Back house) which is the largest has 3 Bedrooms / 2 Bathrooms, Huge Family Kitchen with Stainless Steel Appliances, Travertine Tiled Counter tops, Lots of Cabinets for Storage, Marble Tile, Master Bedroom with Large Master Bathroom to include Separate Jacuzzi Bathtub, Separate Shower Area, Good Size Bedrooms and 2nd Bathroom, Laminate Flooring, Central Air/Heat, Home has a Large Covered Patio Area with Separate Laundry Room with Bathroom to include a Shower, Property also has a Separate Studio with Living Area and Bathroom, 2 Car Detached Garage in Rear, being used a Gym, but also has approved plans with city for an ADU, Tiled Flooring, Front yard has custom Landscaping with Custom Brickwork and Planters, Fruit Trees, just nice Curb Appeal, Close to all that Long Beach has to offer, Schools, Entertainment Centers, Shopping, Parks and so much more.....
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 91% |
| Baths | 5.0 | 2.0 | 96% |
| Square foot | 2,251 | 1,760.5 | 72% |
| Lot Size | 7,283 | 6,375.5 | 79% |
| Price | $1.25M | $1.10M | 63% |
| Price per sq ft | $555 | $654 | 26% |
| Built year | 1942 | 1942 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 156 | 2% |
Mar 23, 2026
$1,249,900
Initial Listing
Apr 3, 2006
$530,000
Public Record
Aug 6, 1997
$135,000
Public Record