2931 E 65th, Long Beach, California 90805, Long Beach, 90805 - 0 bed, 0 bath
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Long Beach, California 90805
This tenant-occupied duplex presents a High-Potential Investment Opportunity with a List Price of $675,000—positioned above the $608,986 Fair Market Value by 10%. While the property requires a strategic approach, the newer roof and well-maintained units provide a stable foundation for immediate rental income. With a Condition Rating of 4, this asset offers long-term upside in a growing market near McKinley Elementary. This is an ideal acquisition for Buy-and-Hold Investors or Rental Portfolio Managers seeking a value-add residential income property.
Property is moderate renovation needed.
Built in 1953, this 70-year-old property is well beyond the 20-year threshold for 'Fair' condition. While the listing mentions a newer roof and 'ideal upgrades,' the 'drive-by only' status and exterior visuals suggest a functional but dated investment property that likely requires minor interior updates and system modernizations to meet current market standards.
As a tenant-occupied duplex in a growing rental market, this property provides immediate rental income and long-term upside for investors seeking a turnkey residential income opportunity.
The property has been well-maintained and features significant upgrades, including a newer roof, which reduces the likelihood of major immediate maintenance expenses for the new owner.
Conveniently located near major freeways, shopping, and dining, the property also benefits from proximity to McKinley Elementary School, which holds a strong 7/10 rating.
The 'drive-by only' instruction and requirement not to disturb tenants limit a buyer's ability to conduct a thorough interior inspection prior to the offer stage.
With both units configured as 1-bedroom, 1-bath spaces totaling only 1,038 square feet, the property may face a more limited tenant pool compared to larger multi-bedroom units.
Great investment opportunity in North Long Beach! This tenant-occupied duplex features two 1-bedroom, 1-bath units with functional floor plans and rental income potential. Tuncluding newer roof . These units are very well maintained with ideal upgrades to each unit.Ideal for investors seeking immediate cash flow and long-term upside. Property offers separate living spaces and is conveniently located near schools, shopping, dining, parks, and major freeways. Excellent opportunity to add value in a growing rental market. Please do not disturb tenants. Drive-by only.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,038 | 1,432 | 17% |
| Lot Size | 3,976 | 4,730 | 33% |
| Price | $675.0K | $815.0K | 28% |
| Price per sq ft | $650 | $544 | 78% |
| Built year | 1953 | 1952 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 226 | 6% |
May 7, 2026
$675,000
Initial Listing
Oct 13, 1999
$99,500
Public Record