
Long Beach, California 90807
This property presents a High-Potential Investment Opportunity with a List Price of $1,119,900—positioned slightly above the $1,099,769 Fair Market Value. While not a discount buy, the property offers significant income potential through its tri-unit configuration, including a 2-bedroom front unit, 3-bedroom back unit, and separate studio. With a Condition Rating of 4, the home features Central HVAC and Solar Panels, though interior finishes are dated. The City-Approved ADU Plans for the detached garage provide a clear path for density expansion, making this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking house-hack potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1709 E Luray Street Subject | $1,119,900* List Price | 5 | 5 | 2,251 | $489 | - |
A 5011 Gundry Avenue Sold | $1,099,000 | 4 | 3 | 2,437 | $451 | 0.2 mi |
B 1048 E 45th Sold | $1,000,000 | 3 | 3 | 1,979 | $505 | 0.6 mi |
C 4637 Falcon Sold | $1,125,000 | 3 | 3 | 2,341 | $481 | 0.3 mi |
D 4440 Falcon Sold | $1,051,011 | 4 | 2 | 1,749 | $601 | 0.6 mi |
E 1012 E 45th Sold | $1,100,000 | 3 | 2 | 1,833 | $600 | 0.7 mi |
F 3901 Cherry Sold | $900,000 | 3 | 2 | 1,729 | $521 | 1.0 mi |
G 5024 N Bentree Circle Sold | $935,000 | 4 | 2 | 1,635 | $572 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1942 with renovations (travertine, marble, and stainless appliances) that appear to be 15-25 years old, placing it in the dated category. While the home features central HVAC and solar panels, the interior finishes are aging, and photos reveal minor maintenance needs such as a damaged bathroom vanity and worn wall surfaces.
The property is uniquely configured into three distinct living areas—a 2-bedroom front unit, a 3-bedroom back unit, and a separate studio—offering significant opportunities for rental income or multi-generational living.
The detached two-car garage comes with city-approved plans for an ADU conversion, providing a clear and accelerated path for the new owner to increase the property's density and market value.
Situated in the prestigious Ridgewood Heights area, the home boasts excellent curb appeal and proximity to high-quality schools, boutique shopping, and local entertainment hubs.
The division of the main residence into two separate parts may not appeal to traditional buyers looking for a cohesive, open-concept single-family layout.
The front unit is equipped only with a kitchenette rather than a full kitchen, which may limit its functionality for long-term tenants or require additional capital for a full conversion.
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 |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 2,251 | 1,519.995 |
| Lot Size | 7,283 | 5,807.524 |
| Price | $1.12M | $1.03M |
| Price per sq ft | $498 | $728 |
| Built year | 1942 | 1948 |
| HOA | $0 | $259 |
| Days on market | 34 | 48 |
Aug 6, 2026
$1,119,900
Initial Listing
Apr 3, 2006
$530,000
Public Record
Aug 6, 1997
$135,000
Public Record