3 Euclid Avenue, Long Beach, California 90803, Long Beach, 90803 - 0 bed, 0 bath
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Long Beach, California 90803
This Classic Spanish-Style Duplex represents a High-Potential Investment Opportunity in the prestigious Belmont Heights neighborhood. Listed at $1,750,000, the property is positioned at its $1,749,568 Fair Market Value, offering a stable entry into a high-demand coastal market. Currently holding a Fair Condition Rating, the interior provides a significant value-add path through modernization and a basement ADU conversion. With proximity to 9/10 rated Lowell Elementary, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to build equity through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3 Euclid Avenue Subject | $1,650,000* List Price | 0 | 0 | 2,732 | $604 | - |
A 118 Roycroft Avenue Sold | $1,610,000 | 5 | 3 | 2,722 | $591 | 0.5 mi |
B 118 Roycroft Avenue Sold | $1,610,000 | 0 | 0 | 2,722 | $591 | 0.5 mi |
C 150 Saint Joseph Sold | $1,850,000 | 0 | 0 | 2,966 | $624 | 0.6 mi |
D 268 Bennett Sold | $1,410,000 | 0 | 0 | 1,944 | $725 | 0.6 mi |
E 210 Glendora Avenue Sold | $1,675,000 | 0 | 0 | 2,292 | $731 | 1.0 mi |
F 140 Saint Joseph Sold | $1,625,000 | 0 | 0 | 2,424 | $670 | 0.6 mi |
G 223 Bennett Sold | $1,660,000 | 5 | 2 | 3,240 | $512 | 0.4 mi |
H 3366 E 1st Active | $1,795,000 List Price | 0 | 0 | 2,871 | $625 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1928 Spanish-style duplex is a well-preserved 'time capsule' that appears to have been maintained but not modernized in decades. The kitchen features vintage tiling and appliances, and the bathrooms retain mid-century fixtures. While the property shows great architectural character and intact hardwood floors, it requires significant updates to the electrical, plumbing, and interior finishes to meet modern standards.
Elementary School: Lowell Elementary School (9/10).
Situated in the highly coveted Belmont Heights neighborhood, this property offers an unbeatable location known for its prestige, high demand, and proximity to top-rated schools like Lowell and Fremont Elementary.
The inclusion of a basement with windows presents a rare opportunity to convert the space into an Accessory Dwelling Unit (ADU), significantly increasing the property's rental income and long-term valuation.
As the property has not been on the market for many years and is described as having 'endless potential,' it likely requires significant capital investment for modernization and system upgrades.
The $1.75 million price point for a duplex requiring updates may result in a lower initial cap rate, making it more suitable for a long-term equity play rather than an immediate high-yield investment.
Welcome to 3 and 5 Euclid Avenue, a true classic duplex that is located in the coveted neighborhood of Belmont Heights in Long Beach. Just a very short walk to the beach, pier and convenient shopping. This wonderful Spanish style duplex has endless potential. It features two units; each 2-bedroom unit has a den that can easily be used as an office or a third bedroom, formal dining room, living room with mock fireplace and each unit has 1 1/4 bath. The units have the added benefit of washer and dryer hook-ups plus their own separate patio area. There are two single car garages with a driveway in front of each garage for additional parking. This exceptional property has not been on the market for many, many years. The generous layouts, classic charm, and unbeatable location make this duplex a coveted investment opportunity. Whether you choose to rent out both units or live in one while renting the other you cannot beat the exceptional architectural style of this well-located property. It is a premier investment opportunity. PLUS, PLUS there is a basement with windows that has the potential of being converted into an ADU making the investment even more remarkable. The owner has expired permits with the City for this possible ADU. 3 and 5 Euclid Avenue delivers unmatched potential in one of Long Beach’s most coveted neighborhoods. Properties like this simply do not come around very often.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,732 | 2,100 |
| Lot Size | 4,382 | 5,077.5 |
| Price | $1.65M | $1.14M |
| Price per sq ft | $604 | $519 |
| Built year | 1928 | 1950 |
| HOA | $0 | $0 |
| Days on market | 128 | 68 |
Jul 14, 2026
$1,650,000
$1,750,000
-6% Price Drop
Initial Listing
Mar 16, 2026
$1,750,000
Initial Listing