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 | $1,750,000* List Price | 0 | 0 | 2,732 | $640 | - |
A 223 Bennett Sold | $1,660,000 | 5 | 2 | 3,240 | $512 | 0.4 mi |
B 61 Bennett Sold | $1,424,003 | 0 | 0 | 2,362 | $603 | 0.3 mi |
C 243 Ximeno Avenue Sold | $1,362,000 | 4 | 2 | 1,772 | $769 | 0.5 mi |
D 243 Ximeno Avenue Sold | $1,362,000 | 0 | 0 | 1,772 | $769 | 0.5 mi |
E 66 Santa Ana Avenue Sold | $1,500,000 | 0 | 0 | 3,300 | $455 | 1.0 mi |
F 120 Granada Avenue Sold | $1,380,000 | 0 | 0 | 2,275 | $607 | 0.7 mi |
G 118 Roycroft Avenue Active Under Contract | $1,600,000 List Price | 0 | 0 | 2,722 | $588 | 0.5 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. This wonderful Spanish Style duplex has endless potential. It features two units each with 2-bedrooms and a den with 1 1/4 bath, pus two single car garages each with a driveway. This exceptional property has not been on the market in 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. 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. This property 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,732 | 2,324 | 71% |
| Lot Size | 4,382 | 3,218 | 71% |
| Price | $1.75M | $1.53M | 83% |
| Price per sq ft | $641 | $715 | 38% |
| Built year | 1928 | 1942 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 149 | 8% |
Mar 16, 2026
$1,750,000
Initial Listing