
Long Beach, California 90803
This Historic Spanish Quadruplex represents a Strong Value Opportunity, listed at $2,795,000—positioned well below the $2,623,866 Fair Market Value by -6%. Meticulously restored with a Mint Condition Rating and $700,000 in upgrades, this estate offers a rare blend of luxury living and income potential. Featuring a 4-bedroom main residence and three guest homes, it provides a unique lifestyle near the ocean. This property is an ideal acquisition for Owner-Occupants seeking a family compound or Buy-and-Hold Investors prioritizing high-quality, turnkey assets in a premier location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3409 E 2nd Subject | $2,795,000* List Price | 7 | 6 | 4,210 | $623 | - |
A 219 Redondo Avenue Active | $1,988,888 List Price | 0 | 0 | 3,764 | $528 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1924 build date, the property underwent a comprehensive $700,000 down-to-the-studs renovation. This included complete updates to critical systems (HVAC, plumbing, electrical, and seismic retrofitting) and modern renovations to all kitchens and bathrooms. The interior features high-end finishes, stainless steel appliances, and recessed lighting, placing it in mint, maintenance-free condition.
Elementary School: Lowell Elementary School (9/10).
With over $700,000 invested in down-to-the-studs renovations, the property features updated plumbing, electrical, HVAC, and seismic retrofitting, offering the reliability of new construction within a preserved historic shell.
Situated on a wide, tree-lined street directly across from Trolley Park and just two blocks from the ocean, the property boasts exceptional walkability to the dining and shopping of Belmont Shore.
The building's 4,210 square foot footprint occupies nearly the entire 4,343 square foot lot, resulting in limited private yard space and minimal potential for further exterior expansion.
At nearly $2.9M, the property is priced at a significant premium for the area, which may result in a lower capitalization rate for pure investors compared to less renovated multi-family assets.
NEW PRICE!Historic Spanish Estate Offering Multi-Generational Living & Supplemental Income in Bluff Park!Rarely does a property offer the space, privacy,& flexibility today's buyers are seeking.Nestled in the heart of Bluff Park, this beautifully preserved Spanish-style estate is legally a fourplex but lives like a private family compound, with a spacious main residence complemented by three separate guest homes surrounding a charming central courtyard. The expansive 4-bedroom, 2.5-bath main home serves as the heart of the property, featuring a fireplace, HVAC, whole-house stereo system, private laundry, a two car garage,& secluded patio with built-in seating and BBQ, perfect for gathering with family while maintaining privacy. Surrounding the main residence are three beautifully updated 1-bedroom, 1-bath homes, with dedicated office space, private patios, updated kitchens & baths, & hardwood flooring. Whether accommodating extended family, or long-term guests, the layout provides an ideal blend of togetherness and privacy. For buyers searching for the feel of a grand single-family residence, this property offers the best of both worlds.Enjoy the lifestyle and presence of a private Spanish estate while benefiting from the flexibility of 3 additional residences that can generate supplemental income, offset ownership costs,or provide housing for family members. It's an increasingly rare opportunity to own a property that functions like a luxury single-family home while creating built-in financial advantages.Meticulously maintained with over $700,000 in renovations and improvements, the property has undergone extensive upgrades, including updated plumbing, electrical, HVAC systems, windows, landscaping, patios, garage reconstruction, and seismic retrofitting, while carefully preserving its original Spanish character through restored hardwood floors, custom built-ins, crown molding, and architectural details.Additional features include 4 garages with built-in storage, multiple private outdoor spaces,& a beautifully landscaped courtyard with fountains that creates a true sense of community while allowing each residence its own privacy.Located on a picturesque tree-lined street directly across from Trolley Park and just two blocks from the beach, this exceptional property offers a lifestyle that is increasingly difficult to find a private family estate with the flexibility to accommodate multiple generations, generate income, or both. A truly unique opportunity!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 4.0 |
| Baths | 6.0 | 3.0 |
| Square foot | 4,210 | 2,100 |
| Lot Size | 4,343 | 5,077.5 |
| Price | $2.79M | $1.14M |
| Price per sq ft | $664 | $519 |
| Built year | 1924 | 1950 |
| HOA | $0 | $0 |
| Days on market | 83 | 68 |
Jul 19, 2026
$2,795,000
$2,885,000
-3% Price Drop
Initial Listing
May 1, 2026
$2,885,000
Initial Listing
Mar 21, 2001
$282,500
Public Record