
Long Beach, California 90803
This Turnkey Spanish-Style Duplex is a premium coastal asset in Belmont Shore, listed at $1,749,000. Positioned near its $1,671,263 Fair Market Value, the price reflects a fully stabilized property with an exceptional Condition Rating of 2. Featuring identical 2-bedroom layouts with a private rooftop deck, modern kitchens, and central HVAC, the home offers immediate cash flow with zero deferred maintenance. Located near 10/10 rated Naples Elementary, this property combines architectural charm with high tenant demand. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a maintenance-free coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 237 Covina Subject | $1,749,000* List Price | 4 | 4 | 2,004 | $834 | - |
A 243 Ximeno Avenue Sold | $1,362,000 | 4 | 2 | 1,772 | $769 | 0.6 mi |
B 66 Pomona Ave Sold | $1,675,000 | 0 | 0 | 2,200 | $761 | 0.4 mi |
C 243 Ximeno Avenue Sold | $1,362,000 | 0 | 0 | 1,772 | $769 | 0.6 mi |
D 224 Covina Active | $1,995,000 List Price | 6 | 4 | 2,146 | $930 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1929, this property has undergone a full and extensive recent renovation, as explicitly stated in the description and clearly visible in the images. The kitchens feature modern white shaker cabinets, white countertops, contemporary mosaic tile backsplashes, and new stainless steel appliances. Bathrooms are also fully updated with modern vanities, stylish tile work (hexagon and patterned), glass-enclosed showers, and modern fixtures. The property boasts central air and heat, new stackable laundry units, updated flooring (hardwood and carpet), and modern light fixtures throughout, indicating all components are virtually new and meet current quality standards. This is a turnkey property with no deferred maintenance.
Elementary School: Naples Elementary School (10/10).
Situated in the highly desirable Belmont Shore neighborhood, offering excellent proximity to shops, dining, and the beach, ensuring consistent tenant demand.
A fully remodeled duplex with both units currently tenant-occupied and generating strong, up-to-date rental income, providing immediate cash flow.
Despite extensive remodeling, the property's 1929 build date means the underlying structure is nearly a century old, potentially leading to unforeseen age-related issues beyond cosmetic updates.
The 2,490 sqft lot is relatively compact for a duplex, which may limit future expansion possibilities or extensive additional outdoor amenities.
While the property has a view, it is limited to the 'Neighborhood,' lacking the more premium ocean or city views often sought after in coastal Long Beach.
This fully remodeled Spanish-style duplex presents a rare opportunity to acquire a high-performing, turnkey investment property in the heart of Belmont Shore. Both units are currently tenant occupied and generating strong, up-to-date rental income, offering immediate cash flow in one of Long Beach’s most sought-after coastal neighborhoods. Each unit features an identical and highly desirable floor plan with 2 bedrooms and 1.5 baths, updated kitchens and baths, formal dining rooms, kitchen nooks, inside stackable laundry, central air and heat, excellent storage, and abundant natural light. Extensive renovations throughout reduce the need for near-term repairs and upgrades, providing peace of mind for the next owner. The upstairs unit offers additional rental appeal with French doors leading to a large private rooftop deck, while the downstairs unit features a spacious private patio and a rear area providing direct access to the shared two-car garage—amenities that support strong tenant demand and long-term rent stability. Located in a prime Belmont Shore setting near shops, dining, and the beach, this duplex benefits from consistent tenant demand and proven rental performance. A rare opportunity to secure a stabilized asset with modern upgrades, attractive unit layouts, and excellent income potential in a premier coastal location.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
Grades 6-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 0.0 | 67% |
| Baths | 4.0 | 0.0 | 83% |
| Square foot | 2,004 | 2,280.5 | 38% |
| Lot Size | 2,490 | 3,153 | 21% |
| Price | $1.75M | $1.53M | 83% |
| Price per sq ft | $873 | $760 | 71% |
| Built year | 1929 | 1942 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 97 | 149 | 42% |
Apr 2, 2026
$1,749,000
$1,799,000
-3% Price Drop
Initial Listing
Jan 15, 2026
$1,799,000
Initial Listing
Aug 7, 2018
$1,000,000
Public Record