
Long Beach, California 90804
This High-Potential Investment Opportunity is a versatile duplex listed at $730,000, positioned well below the $765,403 Fair Market Value by 4%. This valuation gap provides $35,403 in Instant Equity. With a Condition Rating of 4, the property offers significant value-add potential through modernization of its 1908 infrastructure. Located near top-rated schools like Fremont Elementary, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to leverage house-hacking strategies in a high-demand Long Beach neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2828 E 10th Subject | $730,000* List Price | 0 | 0 | 1,300 | $589 | - |
A 3321 E 17th Street Sold | $705,000 | 2 | 2 | 1,156 | $610 | 0.7 mi |
B 3321 E 17th Street Sold | $705,000 | 0 | 0 | 1,156 | $610 | 0.7 mi |
C 1416 Temple 2 Sold | $930,000 | 0 | 0 | 1,692 | $550 | 0.4 mi |
D 1354 Euclid Ave Sold | $825,000 | 0 | 0 | 1,520 | $543 | 0.7 mi |
E 918 Grand Sold | $700,000 | 2 | 2 | 1,000 | $700 | 0.5 mi |
F 735 Newport Avenue Sold | $935,000 | 0 | 0 | 1,768 | $529 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1908, the property shows some cosmetic 'lipstick' updates like track lighting and a barn door, but lacks central HVAC (portable unit visible). Given the age and basic finishes, systems and major components likely exceed 20 years and require modernization.
Elementary School: Fremont Elementary School (9/10).
As a duplex featuring a 1-bedroom home and a separate studio, this property offers excellent versatility for house-hacking, multigenerational living, or maximizing rental yields in a high-demand market.
The property is ideally situated near popular coffee shops, dining, and major commuter routes, boasting proximity to highly-rated schools such as Fremont Elementary (9/10) and Lee Elementary (7/10).
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1300, other record living area = 907.
Built in 1908, the property may require substantial capital improvements or frequent maintenance to address aging infrastructure, plumbing, and electrical systems typical of century-old structures.
The compact 2,259 sqft lot offers minimal room for expansion and likely presents parking challenges, which is a common pain point for residents in high-density Long Beach neighborhoods.
Welcome to this great investment opportunity or ideal owner-occupied property! This quaint and unique duplex features a comfortable 1 bedroom, 1 bath home with a backyard and a charming open-floorplan studio with its own private entrance. Each unit offers functional living spaces, making this property perfect for generating rental income, multigenerational living, or living in one unit while renting the other. Conveniently located near coffee shops, schools, dining, major commuter routes, this versatile property offers excellent potential for investors and homeowners alike. Don't miss the opportunity to own this income-producing property with endless possibilities.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,300 | 2,100 |
| Lot Size | 2,259 | 5,077.5 |
| Price | $730.0K | $1.14M |
| Price per sq ft | $562 | $519 |
| Built year | 1908 | 1950 |
| HOA | $0 | $0 |
| Days on market | 8 | 68 |
Jul 14, 2026
$730,000
Initial Listing
Apr 2, 2019
$495,000
Public Record
Jan 23, 2003
$147,000
Public Record
Feb 8, 1995
$21,000
Public Record