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2241 Grand Ave, Long Beach, California 90815, Long Beach, 90815 - bed, bath

2241 Grand Ave, Long Beach, California 90815 home-pic-0
ACTIVE$1,200,000
2241 Grand Ave, Long Beach, California 90815
0Bed
0Bath
1,536Sqft
6,098.4Lot
Year Built
1946
Close
-
List price
$1.2M
Original List price
$1,000K
Price/Sqft
$781
HOA
-
Days on market
-
Sold On
-
MLS number
OC25107032
Home ConditionExcellent
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.20M(50th), sqft - 1536(50th), beds - undefined(50th), baths - undefined(50th).

Welcome to 2241-2243 Grand Ave- Excellent investment opportunity in highly desirable area. This property features two fully remodeled units with spacious layouts and modern amenities. Located near popular shops, restaurants, and public transportation, it offers convenience for tenants and potential for high rental income. Every unit features a private entrance and outdoor area, making it an appealing choice for those looking to live in one space while renting out the other or leasing both. Situated on a large property, there is plenty of space to build an ADU in the back, accommodating a total of three units. Don't miss out on the chance to invest in a prime location with strong rental demand and future appreciation potential. This completely remodeled duplex is not one to be missed!

Nearby schools

8/10
Bixby Elementary School
Public,•K-5•0.9mi
7/10
Stanford Middle School
Public,•6-8•1.7mi
6/10
Wilson High School
Public,•9-12•1.3mi

Price History

Date
Event
Price
08/23/25
Price Change
$1,200,000-1.6%
08/02/25
$1,220,000
05/14/25
$999,999
08/24/23
Sold
$650,000
Condition Rating
Excellent
Despite being built in 1946, the property has undergone a stated 'fully remodeled' renovation, which is strongly supported by the images. The kitchens feature new white shaker cabinets, quartz countertops, modern mosaic backsplashes, and new stainless steel appliances (microwave, dishwasher, gas range). Bathrooms are completely updated with modern dark grey large-format tiling, new vanities, black fixtures, and glass shower partitions. Throughout the units, there is new LVP flooring, fresh neutral paint, and modern recessed lighting, indicating a comprehensive and recent overhaul. All components appear new or virtually new, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Investment Opportunity: Explicitly highlighted as an 'excellent investment opportunity' with 'potential for high rental income' and 'strong rental demand' due to its duplex nature.
Fully Remodeled Units: Features two 'fully remodeled units with spacious layouts and modern amenities,' significantly reducing immediate renovation costs for a new owner.
ADU Potential: Situated on a large lot with 'plenty of space to build an ADU in the back,' allowing for a total of three units and increasing future income and property value.
Prime Location & Convenience: Located in a 'highly desirable area' near 'popular shops, restaurants, and public transportation,' enhancing tenant appeal and long-term appreciation.
Tenant Desirability Features: Each unit offers a 'private entrance and outdoor area,' a highly appealing feature for tenants seeking privacy and personal space.

Cons

Age of Original Structure: Despite being remodeled, the property was built in 1946, which may imply potential for underlying older infrastructure issues (e.g., plumbing, electrical, foundation) not covered by cosmetic remodels.
Price Volatility/Increase: The listing price history shows a significant increase from the original list price of $999,999 to the current $1,200,000, which could indicate an aggressive pricing strategy or market testing.
Lack of Specific Unit Details: The description lacks specific details regarding the number of bedrooms and bathrooms per unit or individual unit square footage, making it challenging for investors to fully assess rental income potential without further inquiry.

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