2408 E 17th Street, Long Beach, California 90804, Long Beach, 90804 - bed, bath
2408 E 17th Street
Long Beach, California 90804
Property Price
SUMMARY
Analysis of 2408 E 17th Street, Long Beach, California 90804 is currently available with a list price of $1,540,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1972, the property shows typical signs of age for its era. The exterior stucco exhibits some staining, and the parking area concrete is cracked. The use of window AC units and older window frames, combined with the listing's own admission of 'aging infrastructure' and potential for modernization, indicates the property is functional but outdated and has not undergone a recent comprehensive renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Fremont Elementary School (9/10).
- Desirable Unit Mix
The property features four spacious 3-bedroom, 1.5-bathroom townhome-style units, which are highly sought after by long-term tenants and families, ensuring low vacancy rates.
- Exceptional Parking Ratio
With 8 uncovered parking spaces providing two spots per unit, this asset offers a rare and valuable amenity in the high-density Long Beach rental market.
CONSRISKS & DEFICIENCIES
- Limited Immediate Availability
The property is currently 'Active Under Contract,' which may restrict new investors from securing the asset unless the current deal fails to close.
- Aging Infrastructure
Built in 1972, the property may require upcoming capital expenditures for deferred maintenance or modernization to compete with newer multifamily inventory.
- Uncovered Parking
While the parking count is high, the spaces are uncovered, which offers less protection and security for vehicles compared to garages or carports.
About 2408 E 17th Street
2408 E. 17th Street presents an exceptional four-unit multifamily investment opportunity. Four spacious townhome-style units, each offering 3 bedrooms and 1.5 bathrooms. The consistent unit mix supports strong long-term rental demand and operational simplicity. Offered below replacement cost, this is an opportunity to acquire a well-configured property in a supply-constrained market. Situated on a 6,401 SF lot, this asset offers approximately 5,022 SF of rentable space and includes 8 uncovered parking spaces, providing two dedicated spaces per unit—a rare amenity. The oversized parking area offers additional upside, with potential to add up to four (4) detached ADUs (buyer to verify). All units are separately metered for gas and electricity, and the layout is well suited for implementing utility bill-backs or RUBS, offering an opportunity to further reduce landlord expenses and enhance NOI.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1972
- Lot Size
- 6,401 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Long Beach Unified Schools
Lee Elementary School
Grades K-5 • 0.2 mi
Whittier Elementary School
Grades K-5 • 0.5 mi
Willard Elementary School
Grades K-5 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 5,022 | 6,115 | 50% |
| Lot Size | 6,401 | 7,373.5 | 50% |
| Price | $1.54M | $1.73M | 50% |
| Price per sq ft | $307 | $287 | 50% |
| Built year | 1972 | 1974 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 122 | 50% |
Pricing History
Listed for Sale
Jan 23, 2026
$1,540,000
Initial Listing
Sold
Aug 31, 2005
$455,000
Public Record
Sold
Jun 28, 2001
$330,000
Public Record