253 E Louise, Long Beach, California 90805, Long Beach, 90805 - 2 bed, 2 bath
ACTIVE$650,000
253 E Louise, Long Beach, California 90805
2Beds
2Baths
798Sqft
3,090Lot
Year Built
1954
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$815
HOA
-
Days on market
-
Sold On
-
MLS number
SR25264094
Home ConditionPoor
Features
ViewCity Lights
About this home
We found 3 Cons,5 Pros. Rank: price - $650.0K(10th), sqft - 798(3th), beds - 2(65th), baths - 2(65th).
Welcome home to this charming Long Beach opportunity! Discover a delightful bungalow-style duplex just minutes from vibrant Bixby Knolls. Perfect for multi-family living or investment potential, this low-maintenance property offers endless flexibility live in one unit and rent out the other! Each unit features, a true 1 bedroom, 1 bathroom layout Its own garage, Cozy, classic Long Beach charm! Currently 1 unit is vacant 1 has a month to month tenant paying $1600 monthly.
Price History
Date
Event
Price
11/22/25
Listing
$650,000
10/06/21
Sold
$551,000
04/08/16
Sold
$305,000
05/22/09
Sold
$165,000
10/31/07
Sold
$470,000
05/24/07
Sold
$350,000
Condition Rating
Poor
Built in 1954, this duplex shows significant age and a lack of major renovations in key areas. The kitchen features dated dark laminate countertops, older cabinets, and appliances that appear to be from the 1970s or 1980s. Bathrooms are similarly outdated with basic vanities and older tile work. Flooring throughout includes worn hardwood and dated vinyl/linoleum. Heating is provided by wall-mounted gas units, indicating a lack of modern central HVAC. While the property appears functional, it requires substantial rehabilitation and extensive system replacements (kitchen, bathrooms, HVAC, electrical updates) to meet current quality and comfort standards, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Income-Generating Duplex: The property is a duplex, offering immediate income potential with one unit currently rented at $1600/month and the other vacant for owner-occupancy or market-rate rental.
Desirable Location: Situated just minutes from vibrant Bixby Knolls in Long Beach, providing access to a sought-after community with amenities and local attractions.
Individual Garages: Each unit benefits from its own dedicated garage, a valuable amenity for parking, storage, and tenant appeal in an urban setting.
Owner-Occupant/Investor Flexibility: The vacant unit offers immediate flexibility for an owner to live in one unit while generating income from the other, or for an investor to place a new tenant at current market rates.
Low Maintenance: Described as a 'low-maintenance property,' which is attractive for both owner-occupants and investors seeking ease of management and reduced upkeep costs.
Cons
Compact Unit Sizes: With a total of 798 sqft for two 1-bedroom, 1-bathroom units, each unit is approximately 399 sqft, which is very small and may limit tenant appeal or rental rate potential.
Age of Property: Built in 1954, the property is older, suggesting potential for outdated systems (e.g., plumbing, electrical), deferred maintenance, or a need for significant renovations to meet modern standards.
Month-to-Month Tenancy: One unit is occupied by a month-to-month tenant, which could introduce instability for an investor seeking long-term lease commitments or require immediate lease renegotiation.