
Long Beach, California 90807
This Residential Income Duplex represents a High-Potential Investment Opportunity, listed at $1,175,000—positioned well below the $1,195,000 Fair Market Value by 1.67%. This valuation gap offers $20,000 in Instant Equity. Featuring a Condition Rating of 3, the property includes a main residence and a 2024-permitted ADU, generating $74,400 in annual gross income. With owned solar and EV charging, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking supplemental rental income.
Property is move-in ready.
While the main house was built in 1942, it has been well-maintained and updated with an upgraded kitchen, central HVAC, an owned 25-panel solar system, and EV charging capabilities. Additionally, it features a brand-new permitted ADU completed in 2024. The entire property is functional, income-generating, and move-in ready.
The property generates a robust $74,400 in annual gross rental income through a main residence and a newly permitted 2024 ADU, offering immediate cash flow and investment versatility.
Equipped with an owned 25-panel solar system and EV charging capabilities, the property provides significant utility savings and modern infrastructure for eco-conscious occupants.
The corner lot configuration features two separate addresses, independent entrances, and private fenced outdoor spaces, ensuring excellent separation for multi-generational living or dual-tenancy.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1957, other record living area = 1557. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With the main residence dating back to 1942, buyers may face higher long-term maintenance costs associated with aging structural components compared to newer builds.
The property offers no significant views, which may limit its competitive appeal for premium buyers seeking the aesthetic vistas common in other high-end Long Beach enclaves.
TWO ADDRESSES + PERMITTED ADU + APPROX. $74,400 IN CURRENT ANNUAL GROSS RENTAL INCOME! A unique Long Beach opportunity featuring a spacious main residence plus a 2024-completed permitted ADU, thoughtfully configured for privacy and independent living. Situated on an approximately 6,656 SF corner lot, the property offers approximately 1,577 SF in the main residence plus a 420 SF studio ADU, providing nearly 2,000 SF of combined living space. Each residence has its own address, separate private access and separately fenced outdoor areas, creating excellent separation between the two living spaces. Addresses are 1800 E Hardwick St and 1800-A E Hardwick St. Current rental amounts total approximately $6,200 per month, consisting of approximately $4,400 for the main residence and $1,800 for the ADU, or approximately $74,400 in annual gross rental income. The main residence features an upgraded kitchen, central HVAC and ample on-site parking. The permitted studio ADU was completed in 2024 and makes excellent use of its approximately 420 SF footprint, offering a kitchenette, refrigerator, 3/4 bathroom, closet, sleeping area, sitting area and dedicated workspace. A barn door adds character to the bathroom entrance, while mini-split heating and air conditioning provides year-round comfort. The ADU also features private side access and a dedicated sewer connection directly to the street. The property is further enhanced by an owned 25-panel, approximately 6.5 kW solar system, recent annual production of approximately 6,000 kWh, and electrical capability for EV charging. The expansive corner lot features approximately 12 palm trees—7 in the front and 5 in the rear—along with sprinkler systems, creating a distinctive Southern California setting with open exposure and refreshing breezes. This versatile SFR + permitted ADU configuration offers multiple possibilities for continued rental income, future owner occupancy with supplemental ADU income, or multigenerational living, subject to existing agreements and applicable regulations. Conveniently located near shopping, dining, transportation and neighborhood amenities. Two addresses, separate entrances, private outdoor areas, solar power, EV capability and two distinct living spaces—all on one expansive Long Beach corner lot.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.9 |
| Baths | 3.0 | 4.1 |
| Square foot | 1,957 | 2,317.219 |
| Lot Size | 6,614 | 5,308.123 |
| Price | $1.17M | $1.23M |
| Price per sq ft | $598 | $483 |
| Built year | 1942 | 1947 |
| HOA | $0 | $0 |
| Days on market | 39 | 79 |
Oct 14, 2026
$1,170,000
$1,175,000
+0% Price Increase
Initial Listing
Sep 29, 2026
$1,175,000
$1,195,000
-2% Price Drop
Initial Listing
Sep 16, 2026
$1,195,000
Initial Listing
Jun 12, 2017
$585,000
Public Record
Jun 21, 2004
$375,000
Public Record