
Long Beach, California 90807
This Multi-Unit Versatility Asset is listed at $1,175,900, offering high-density configuration in the Bixby Knolls Location. While the price aligns with the $1,107,851 Fair Market Value given its unique income potential, the property features a 5 Bedroom / 5 Bathroom layout divided into two units plus a Separate Studio. Boasting a Condition Rating of 4 and a Large Covered Patio, the home is move-in ready in the Long Beach Unified district. With ADU Development Potential via city-approved plans, this is a strategic find for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1709 E Luray Street Subject | $1,175,900* List Price | 5 | 5 | 2,251 | $492 | - |
A 5011 Gundry Avenue Sold | $1,099,000 | 4 | 3 | 2,437 | $451 | 0.2 mi |
B 4637 Falcon Sold | $1,125,000 | 3 | 3 | 2,341 | $481 | 0.3 mi |
C 3901 Cherry Sold | $900,000 | 3 | 2 | 1,729 | $521 | 1.0 mi |
D 1012 E 45th Sold | $1,100,000 | 3 | 2 | 1,833 | $600 | 0.7 mi |
E 3911 California St Sold | $955,000 | 3 | 0 | 1,914 | $499 | 1.0 mi |
F 1048 E 45th Pending | $999,000 List Price | 3 | 3 | 1,979 | $505 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1942, the property has undergone significant renovations that now appear dated (likely 20+ years old), particularly the travertine tile countertops in the kitchen and the decorative tile borders in the bathrooms. While the home is functional and move-in ready with updated systems like central HVAC and solar panels, the interior finishes suggest it is due for modern cosmetic updates.
The property is uniquely configured into a front 2-bedroom unit, a back 3-bedroom unit, and a separate studio, offering exceptional potential for multi-generational living or rental income.
The detached two-car garage comes with city-approved plans for an Accessory Dwelling Unit (ADU), providing a significant opportunity to add value and increase density.
Located in the prestigious Ridgewood Heights neighborhood, the home features excellent curb appeal with custom landscaping and proximity to premium schools and shopping.
The home's division into two separate living areas with a kitchenette in the front unit may not appeal to buyers seeking a standard, unified single-family residence.
A $50,000 price reduction within the first 12 days on the market indicates that the initial list price may have been overly aggressive for this unique property type.
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 | 88% |
| Baths | 5.0 | 2.0 | 94% |
| Square foot | 2,251 | 1,788 | 67% |
| Lot Size | 7,283 | 6,516 | 76% |
| Price | $1.18M | $1.10M | 57% |
| Price per sq ft | $522 | $663 | 20% |
| Built year | 1942 | 1942 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 136 | 6% |
May 6, 2026
$1,175,900
$1,225,900
-4% Price Drop
Initial Listing
Apr 24, 2026
$1,225,900
Initial Listing
Apr 3, 2006
$530,000
Public Record
Aug 6, 1997
$135,000
Public Record