3 Euclid Avenue, Long Beach, California 90803, Long Beach, 90803 - 0 bed, 0 bath
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3 Euclid Avenue
Long Beach, California 90803
ACTIVE
CONDITION: POOR
0Beds
0Baths
2,732Sq Ft
4,382Lot Size
Property Price
LIST PRICE$1,650,000
EST. MARKET VALUE
$1,612,433
SUMMARY
This Residential Income Duplex presents a High-Potential Investment Opportunity with a List Price of $1,650,000—positioned slightly above the $1,612,434 Fair Market Value. While the property requires updates given its Condition Rating of 5, the ADU conversion potential in the basement and spacious 2,732 sqft layout offer significant value-add upside. Located in the coveted Belmont Heights neighborhood near Lowell Elementary (9/10), this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income while building long-term equity.
Estimated Market Value
$1,612,433
Based on Realkey algorithm analyzing recent comparable sales in Long Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3 Euclid Avenue Subject | $1,650,000* List Price | 0 | 0 | 2,732 | $590 | - |
A 150 Saint Joseph Sold | $1,850,000 | 0 | 0 | 2,966 | $624 | 0.6 mi |
B 223 Bennett Sold | $1,660,000 | 5 | 2 | 3,240 | $512 | 0.4 mi |
C 140 Saint Joseph Sold | $1,625,000 | 0 | 0 | 2,424 | $670 | 0.6 mi |
D 280 Park Sold | $1,580,000 | 0 | 0 | 3,552 | $445 | 0.8 mi |
E 61 Bennett Sold | $1,424,003 | 0 | 0 | 2,362 | $603 | 0.3 mi |
F 69 Glendora Sold | $1,375,000 | 0 | 0 | 1,889 | $728 | 0.9 mi |
G 3366 E 1st Active | $1,695,000 List Price | 0 | 0 | 2,871 | $590 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1928 and held by the same owner for many years, this property shows significant signs of age and lacks recent renovations. The interior features dated finishes and original hardwood, while the basement and systems appear to require a full rehab to meet modern standards, consistent with the listing's emphasis on 'potential' rather than current condition.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Lowell Elementary School (9/10).
- Prime Coastal Location
Situated in the highly coveted Belmont Heights neighborhood, this property is just steps from the beach, pier, and local shopping, ensuring high tenant demand and long-term value appreciation.
- Significant Value-Add Potential
The inclusion of a basement with windows and expired permits for an ADU conversion offers a rare opportunity to increase the unit count and maximize the property's rental income stream.
CONSRISKS & DEFICIENCIES
- Extended Days on Market
With 136 days on market and a recent $100,000 price reduction, the property may be facing pricing resistance or buyer concerns regarding its current valuation.
- Potential Deferred Maintenance
Built in 1928 and held by the same owner for many years, the property likely requires significant capital investment for modern upgrades and system repairs to achieve top-tier market rents.
About 3 Euclid Avenue
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.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1928
- Lot Size
- 4,382 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Long Beach Unified Schools
Mann Elementary School
Grades K-5 • 0.5 mi
7/10
Fremont Elementary School
Grades K-5 • 0.7 mi
9/10
Lowell Elementary School
Grades K-5 • 1.0 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.9 |
| Baths | 0.0 | 4.4 |
| Square foot | 2,732 | 2,300.724 |
| Lot Size | 4,382 | 5,277.379 |
| Price | $1.65M | $1.24M |
| Price per sq ft | $604 | $513 |
| Built year | 1928 | 1949 |
| HOA | $0 | $0 |
| Days on market | 177 | 74 |
Pricing History
Listed for Sale
Jul 14, 2026
$1,650,000
$1,750,000
-6% Price Drop
Initial Listing
Price Change
Mar 16, 2026
$1,750,000
Initial Listing