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2221 Granada Avenue, Long Beach, California 90815, Long Beach, 90815 - bed, bath

2221 Granada Avenue, Long Beach, California 90815 home-pic-0
ACTIVE$1,499,950
2221 Granada Avenue, Long Beach, California 90815
0Bed
0Bath
1,794Sqft
6,049Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Extensive Recent Upgrades: The property boasts significant recent upgrades including a newer roof, facia boards, windows, side patio concrete, garage pad, new electrical panel, and copper re-piping, making it largely turnkey and reducing immediate capital expenditures for a buyer.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2024-12-30. The sold price is $1,240,000.00.

Compared to the nearby listings

Price:$1.50M vs avg $1.30M (+$194,975)50%
Size:1,794 sqft vs avg 1,665 sqft50%
Price/sqft:$836 vs avg $63683%

More Insights

Built in 1949 (76 years old).
Condition: Despite being built in 1949, this duplex has undergone extensive recent upgrades, including a newer roof, windows, electrical panel, and copper re-piping, making it largely turnkey. Both units feature updated kitchens with Quartz or Granite countertops, modern appliances (stainless steel fridge visible), and at least one remodeled bathroom with contemporary fixtures and tiling. The hardwood floors in the bedrooms are well-maintained. While the kitchen flooring is vinyl/linoleum and one unit is described as having a 'vintage bathroom' (though images show a remodeled one), the significant investment in major systems and interior finishes ensures the property is move-in ready with no immediate renovations required, aligning with a 'Good' condition score.
Year Built
1949
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$836
HOA
-
Days on market
-
Sold On
-
MLS number
PW25118130
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

Beautiful Duplex in great area, close to shopping, transportation, Cal State, City College. Front unit has hardwood floors, dining ell, beautiful kitchen with Quartz countertops, All appliances, Laundry cubby with Washer/Dryer. Back kitchen door leads to a small storage shed for your bikes and camping stuff, and then opens to a huge side Patio, complete with faux grass (no maintenance, just hose down now and then) Two good sized bedrooms with ceiling fans, lovely vintage bathroom. The back unit has a remodeled kitchen with granite counters, All appliances, Laundry cubby with Washer/Dryer. Back kitchen door leads to a huge private back yard, and 2 car garage (new parking pad installed from dirt up) that was rented with this unit. Back in good sized bedrooms, hardwood floors, a remodeled bathroom. Great investment property! Loads of available parking on street for tenant or visitors. School in walking distance, huge park a couple blocks away... shows beautiful pride of ownership. property comes with gardener to the front lawn. tenant maintains backyard. Tenants pay all utilities except water. Subject to inspection, do not disturb tenants! do no go on property! Per city space for 2 ADU's buyer to satisfy. Upgrades include: Newer Roof & Facia Boards, Newer Windows, New Side Patio Concrete & Garage Pad, New Electrical Panel, Copper Re-pipe. Hundreds of Thousands, total Turnkey

Nearby schools

8/10
Bixby Elementary School
Public,•K-5•0.3mi
7/10
Stanford Middle School
Public,•6-8•1.0mi
6/10
Wilson High School
Public,•9-12•1.3mi

Price History

Date
Event
Price
12/30/24
Sold
$1,240,000
04/26/12
Sold
$432,000
Condition Rating
Good
Despite being built in 1949, this duplex has undergone extensive recent upgrades, including a newer roof, windows, electrical panel, and copper re-piping, making it largely turnkey. Both units feature updated kitchens with Quartz or Granite countertops, modern appliances (stainless steel fridge visible), and at least one remodeled bathroom with contemporary fixtures and tiling. The hardwood floors in the bedrooms are well-maintained. While the kitchen flooring is vinyl/linoleum and one unit is described as having a 'vintage bathroom' (though images show a remodeled one), the significant investment in major systems and interior finishes ensures the property is move-in ready with no immediate renovations required, aligning with a 'Good' condition score.
Pros & Cons

Pros

Extensive Recent Upgrades: The property boasts significant recent upgrades including a newer roof, facia boards, windows, side patio concrete, garage pad, new electrical panel, and copper re-piping, making it largely turnkey and reducing immediate capital expenditures for a buyer.
Strong Investment Potential & ADU Opportunity: As a duplex in a desirable area, it offers immediate rental income. Furthermore, the city permits space for two additional dwelling units (ADUs), providing substantial future income generation and value appreciation potential.
Prime Location & Accessibility: Situated in a great area of Long Beach, the property is conveniently close to shopping, transportation, Cal State, City College, schools within walking distance, and a large park, enhancing its appeal to tenants and residents.
Well-Maintained & Updated Units: Both units show pride of ownership with updated kitchens (Quartz in front, Granite in back), all appliances, laundry cubbies, hardwood floors, and remodeled bathrooms, ensuring attractive and comfortable living spaces for tenants.
Desirable Outdoor Spaces & Parking: The property features a huge side patio with faux grass for low maintenance, a large private backyard for the rear unit, a 2-car garage, and ample street parking, providing valuable amenities for residents.

Cons

Recently Sold Property: The property was recently sold within the past year on 2024-12-30. The sold price is $1,240,000.00.
Tenant Occupied & Restricted Access: The property is tenant-occupied with strict instructions not to disturb tenants or go on the property, which significantly limits showing flexibility and thorough inspections for potential buyers.
Age of Property (1949): Despite numerous recent upgrades, the core structure dates back to 1949, which may still present potential for unforeseen maintenance issues related to older construction not covered by the listed improvements.
ADU Development Costs & Complexity: While ADU potential is a strength, the responsibility for satisfying city requirements and undertaking the construction of two ADUs falls entirely on the buyer, requiring significant additional capital investment, time, and navigating permitting processes.

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