268 Bennett, Long Beach, California 90803, Long Beach, 90803 - 0 bed, 0 bath
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Long Beach, California 90803
This Turnkey Duplex represents a Strong Value Opportunity, listed at $1,450,000—positioned well below the $1,543,491 Fair Market Value by 6%. This valuation gap provides $93,491 in Instant Equity. Featuring a Condition Rating of 3, the property offers modernized Granite Kitchens and private patios in a premier coastal location. With proximity to Lowell Elementary (9/10), this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand, income-generating residence in Belmont Heights.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 268 Bennett Subject | $1,450,000* List Price | 0 | 0 | 1,944 | $794 | - |
A 243 Ximeno Avenue Sold | $1,362,000 | 4 | 2 | 1,772 | $769 | 0.1 mi |
B 243 Ximeno Avenue Sold | $1,362,000 | 0 | 0 | 1,772 | $769 | 0.1 mi |
C 237 Covina Sold | $1,750,000 | 0 | 0 | 2,004 | $873 | 0.7 mi |
D 237 Covina Sold | $1,750,000 | 4 | 4 | 2,004 | $873 | 0.7 mi |
E 66 Pomona Ave Sold | $1,675,000 | 0 | 0 | 2,200 | $761 | 0.9 mi |
F 75 Claremont Sold | $1,880,000 | 4 | 4 | 2,237 | $840 | 1.0 mi |
G 69 Glendora Active | $1,549,000 List Price | 0 | 0 | 1,889 | $820 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1923, the property has undergone significant renovations. The kitchens and bathrooms feature granite countertops and custom cabinetry consistent with a 5-15 year old remodel. With updated wood flooring, recessed lighting, and well-maintained exteriors, the units are functional and move-in ready.
Elementary School: Lowell Elementary School (9/10).
Situated in the highly coveted Belmont Heights neighborhood, the property is just blocks from the ocean and the vibrant 2nd Street dining and shopping district, ensuring high demand and long-term value.
Both units feature extensive upgrades including remodeled kitchens with granite countertops, custom cabinetry, and renovated bathrooms, allowing for immediate occupancy or market-rate rentals without additional capital expenditure.
Built in 1923, the property may possess aging structural or mechanical systems common to century-old buildings that could require costly maintenance beyond its cosmetic upgrades.
At a $1.45M price point, the initial cap rate may be lower than other investment opportunities, making it more suitable for an owner-user than a high-yield seeking investor.
Welcome to the heart of Belmont Heights, one of Long Beach’s most sought-after coastal neighborhoods. Located on a beautiful tree-lined street, this highly desirable duplex offers the perfect blend of classic neighborhood charm, thoughtful upgrades, and outstanding investment potential. Each spacious unit features 2 bedrooms and 1 bathroom, with remodeled kitchens and baths, gorgeous wood flooring, custom kitchen cabinetry, granite countertops, and included appliances. Both units also enjoy their own private patio space, private laundry area, and dedicated 2-car garage, offering a rare level of comfort, convenience, and functionality for a duplex property. Just blocks from the ocean, Belmont Shore, and the vibrant 2nd Street business district, this property is surrounded by some of Long Beach’s best restaurants, boutiques, coffee shops, and local amenities. Broadway’s dining and shopping options are just steps away, while nearby biking, walking, and running paths make it easy to enjoy the best of the coastal Long Beach lifestyle. Whether you are looking for a strong income property, a long-term investment in a premier neighborhood, or an ideal owner-user opportunity to live in one unit while renting the other, this Belmont Heights duplex is a rare find in an exceptional location.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,944 | 2,218.5 | 38% |
| Lot Size | 6,346 | 3,058.5 | 92% |
| Price | $1.45M | $1.60M | 31% |
| Price per sq ft | $746 | $769 | 42% |
| Built year | 1923 | 1944 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 135 | 4% |
Jun 2, 2026
$1,450,000
Initial Listing
May 31, 2017
$1,150,000
Public Record
Mar 19, 2008
$735,000
Public Record
Jul 25, 2006
$1,100,000
Public Record
Sep 15, 2005
$830,000
Public Record