
Long Beach, California 90805
This Duplex Residential Income Asset is a Strong Value Opportunity, listed at $869,999—positioned well below the $866,990 Fair Market Value (priced at market stability). With a Condition Rating of 4, the property features recent cosmetic updates in the vacant front unit, while the rear unit offers long-term rental potential. Located in the Long Beach Unified district near McKinley Elementary, this property provides a versatile layout for Buy-and-Hold Investors or Owner-Occupants looking to offset mortgage costs through immediate rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2901 E 65th Subject | $869,999* List Price | 7 | 3 | 2,306 | $376 | - |
A 5953 Gaviota Avenue Active Under Contract | $899,888 List Price | 5 | 3 | 2,220 | $405 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1939, the property features a front unit with recent cosmetic renovations including new flooring and shaker-style cabinets. However, the utility areas, exterior stucco, and exposed wiring suggest that core systems (HVAC/Electric) and the tenant-occupied rear unit are likely dated (>20 years) and will require further updates.
With a total of 7 bedrooms across two units, this duplex offers significant rental upside and versatility for large families or savvy investors.
The front unit is vacant and move-in ready, making it an ideal candidate for buyers looking to live in one unit while offsetting their mortgage with rental income.
Conveniently located near major freeways, schools, and shopping, the property is well-positioned for long-term tenant demand and accessibility.
The rear unit is currently occupied, which may present challenges for buyers seeking immediate full possession or comprehensive property upgrades.
Dating back to 1939, the property may necessitate additional capital for maintenance or modernization of older mechanical and structural systems.
Excellent duplex opportunity in North Long Beach featuring two units with a total of 7 bedrooms and 3 bathrooms situated on a 4,654 sq. ft. lot. The front unit is currently vacant, while the rear unit is tenant occupied. Offering functional floor plans, private living spaces, and ample outdoor area, this property provides exceptional versatility for a variety of living arrangements. Located in an established neighborhood near schools, shopping, dining, parks, public transportation, and major freeway access. Property is being sold AS-IS.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.8 mi
Grades 4-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,306 | 2,100 |
| Lot Size | 4,654 | 5,077.5 |
| Price | $870.0K | $1.14M |
| Price per sq ft | $377 | $519 |
| Built year | 1939 | 1950 |
| HOA | $0 | $0 |
| Days on market | 0 | 68 |
Jun 22, 2026
$869,999
Initial Listing
Sep 28, 2012
$275,000
Public Record
Jun 12, 2002
$219,000
Public Record