
Long Beach, California 90805
This property presents a High-Potential Investment Opportunity with a List Price of $810,000—positioned well above the $646,528 Fair Market Value. While the price reflects a premium, the Detached Multi-Unit Configuration offers a unique Value-Add Potential through the conversion of garages into ADUs. With a Condition Rating of 5, the property requires significant rehabilitation to modernize its 1959 infrastructure. This asset is best suited for Buy-and-Hold Investors or Owner-Occupants looking to leverage house-hacking strategies to offset mortgage costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3404 E 65th Subject | $810,000* List Price | 0 | 0 | 1,277 | $555 | - |
A 2931 E 65th Active | $675,000 List Price | 0 | 0 | 1,038 | $650 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1959 (65 years old) with no mention of recent renovations to kitchens, bathrooms, or major systems like HVAC and electric. The exterior shows signs of deferred maintenance and dated materials, suggesting the property requires significant rehabilitation to reach modern standards.
The property features two completely separate residential structures on a single lot, providing the privacy of independent homes which is highly desirable for attracting premium tenants or multi-generational living.
With the potential to convert existing garages into ADUs, investors have a clear path to transform this duplex into a 3 or 4-unit property, substantially increasing rental yield and property value.
The layout is ideal for 'house hacking,' allowing an owner-occupant to live in one unit while the other offsets the mortgage, or for a pure investor to capitalize on the high demand for independent units on the Lakewood border.
At a total of 1,277 square feet for two units, the individual living areas are relatively small, which may limit the tenant pool to smaller households or individuals.
The majority of the assigned public schools for this address have lower performance ratings (ranging from 3 to 5), which may be a deterrent for families and impact long-term appreciation compared to higher-rated districts.
Located at 3404 E 65th Street, this unique multi-unit property presents an exceptional opportunity on the Long Beach and Lakewood border. Featuring two completely separate residential structures on a single lot, the property functions like two independent homes. This highly sought-after configuration is ideal for investors looking to attract long-term, premium tenants or an owner-occupant looking to live in one home while offsetting their mortgage with the other. Potential to convert garages to ADU making it a 3-4 unit property.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.6 mi
Grades 4-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,277 | 2,100 |
| Lot Size | 5,911 | 5,077.5 |
| Price | $810.0K | $1.14M |
| Price per sq ft | $634 | $519 |
| Built year | 1959 | 1950 |
| HOA | $0 | $0 |
| Days on market | 44 | 68 |
Jun 8, 2026
$810,000
Initial Listing