
Long Beach, California 90814
This Spanish-style duplex represents a High-Potential Investment Opportunity, listed at $1,225,000. While currently priced above the $1,171,696 Fair Market Value, the property offers significant long-term upside through its Mills Act Eligibility and prime location in the Rose Park South historic district. Featuring a Fair Condition Rating with 2005 system updates, the layout includes a vacant unit and three garages, providing immediate flexibility. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income in a high-demand, walkable coastal market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2624 E 6th Subject | $1,100,000* List Price | 4 | 4 | 2,048 | $535 | - |
A 678 Coronado Sold | $1,050,000 | 0 | 0 | 1,975 | $532 | 0.4 mi |
B 367 Loma Sold | $1,310,000 | 0 | 0 | 2,192 | $598 | 0.6 mi |
C 672 Junipero Active | $1,295,000 List Price | 0 | 0 | 2,284 | $567 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1924 with a major renovation in 2005 (19 years ago), the property falls into the Fair category (15-30y reno). While systems like electrical and plumbing were updated and the property is well-maintained, one unit still features original 1920s cabinetry and the overall renovation age suggests a need for modern updates to meet current market standards.
The property is eligible for the Mills Act, providing a significant financial advantage through substantial property tax reductions for maintaining its historic integrity.
Located in the desirable Rose Park South historic district near Retro Row, the property offers high walkability to the beach, shops, and restaurants, ensuring strong rental demand.
With one unit delivered vacant and three separate garages, this duplex is perfectly positioned for an owner-occupant looking to offset their mortgage with rental income.
As a 1924 structure in a historic district, the property may require specialized and more costly upkeep to comply with preservation standards compared to modern builds.
The 3,208 sq ft lot is relatively compact for a multi-unit property, leaving limited yard space for tenants once the three garage structures are accounted for.
GREAT OPPORTUNITY! near Retro Row in the historic district of Rose Park South! Well maintained Spanish-style Duplex with two spacious 2 bedroom units and 3 1-car garages that rent for $2400/mo + $2500/mo. Each unit is approx 1,024 sq ft with large original windows and restored plaster walls and ceilings. The downstairs unit has 2 bedrooms and 2 bathrooms, original oak hardwood floors, large kitchen with original cabinetry, dishwasher, and an island. It also includes a backyard patio and rents 2 of the 1 car garages. The upstairs unit has 2 bedrooms and 1 bathroom, newer vinyl flooring, a large kitchen with modern cabinetry and dishwasher. It has a rooftop patio, and rents 1 garage. BOTH units feature original details such as faux fireplaces flanked by original shelving, cabinetry, and built in pull-down desks. Both units each have their own stackable washer/dryers. Tenants pay trash, gas and electric. The property has was renovated in 2005, including electrical and plumbing. Walking distance to the beach, shops and restaurants. *1 Unit will be delivered vacant.* This property is eligible for the Mills Act.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 0.0 | 78% |
| Baths | 4.0 | 0.0 | 89% |
| Square foot | 2,048 | 1,956 | 67% |
| Lot Size | 3,208 | 6,717 | 11% |
| Price | $1.10M | $1.39M | 22% |
| Price per sq ft | $537 | $679 | 33% |
| Built year | 1924 | 1928 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 128 | 33% |
Jun 3, 2026
$1,100,000
$1,225,000
-10% Price Drop
Initial Listing
May 16, 2026
$1,225,000
Initial Listing
Jun 26, 2007
$834,000
Public Record
Jan 16, 2004
$540,000
Public Record