223 E Eagle, Long Beach, California 90806, Long Beach, 90806 - 0 bed, 0 bath
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Long Beach, California 90806
This Multi-Unit Income Asset is listed at $865,000, positioned well below the $870,685 Fair Market Value by 1%. This valuation provides $5,685 in Instant Equity for an incoming buyer. Holding a Condition Rating of 4, the 1922 triplex features a 2-bedroom, 1-bedroom, and studio unit, all separately metered to maximize ROI. Its strategic location near Long Beach Memorial Hospital ensures high rental demand and low vacancy. This low-maintenance property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a stable income-producing asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 223 E Eagle Subject | $865,000* List Price | 0 | 0 | 1,567 | $556 | - |
A 1876 Oregon Avenue Sold | $965,000 | 0 | 0 | 1,607 | $600 | 0.9 mi |
B 3069 Pacific Avenue Sold | $850,000 | 0 | 0 | 1,711 | $497 | 0.9 mi |
C 2310 Elm Active | $1,049,000 List Price | 0 | 0 | 1,581 | $664 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1922-built triplex is functional but shows signs of age consistent with a century-old structure. While the exterior appears maintained, the 'showings upon accepted offer' restriction and the lack of recent interior renovation details suggest that the units likely feature dated kitchens, bathrooms, and systems that have been maintained through regular upkeep rather than modern updates.
This triplex offers a versatile unit mix consisting of a 2-bedroom, a 1-bedroom, and a studio, all separately metered, which maximizes rental income while minimizing landlord utility expenses.
The property's location near Long Beach Memorial Hospital provides a consistent draw for high-quality tenants, such as medical professionals and traveling healthcare staff.
With very little outside maintenance required and a compact lot, this property is ideal for an investor looking for a streamlined management experience with minimal landscaping overhead.
The requirement for an accepted offer prior to any showings or inspections creates a significant barrier for buyers and often suggests potential tenant issues or deferred maintenance.
With a lot size of only 1,576 square feet—nearly identical to the building's interior square footage—there is virtually no yard or private outdoor space for tenants, which may limit long-term appeal.
THIS TRI-PLEX IS IN A GREAT LOCATION TO LONG BEACH MEMORIAL HOSPITAL,INCLUDES 2 BED 1 BATH DOWN STAIRS DISHWASHER HOOK UP IN KITCHEN ROOM FOR LAUNDRY IN GARAGE, WITH A VERY LARGE GARAGE POSSIBLY ROOM FOR TANDEM PARKING. UPSTAIRS IS A SPACIOUS 1 BEDROOM, ALSO A STUDIO, SEPARATELY METERED. THERE IS VERY LITTLE OUTSIDE MAINTENANCE. SHOWINGS AND INSPECTIONS UPON ACCEPTED OFFER
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,567 | 2,429 | 10% |
| Lot Size | 1,576 | 4,686 | 10% |
| Price | $865.0K | $1.00M | 40% |
| Price per sq ft | $552 | $443 | 70% |
| Built year | 1922 | 1935 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 214 | 10% |
Mar 18, 2026
$865,000
$885,000
-2% Price Drop
Initial Listing
Mar 7, 2026
$885,000
Initial Listing
Mar 25, 2020
$617,000
Public Record
Oct 4, 2013
$360,000
Public Record
Jan 30, 2013
$250,500
Public Record
Apr 18, 2002
$184,000
Public Record
Aug 9, 2001
$81,500
Public Record