3706 Pine, Long Beach, California 90807, Long Beach, 90807 - 0 bed, 0 bath
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Long Beach, California 90807
This Value-Add Duplex Asset is listed at $1,200,000, located in the high-demand Los Cerritos area of Bixby Knolls. While the $1,042,032 Fair Market Value reflects the premium for this Prime Investment Location, the property’s Condition Rating of 5 presents a clear path for forced appreciation. The layout includes a 3-bedroom front house and a 2-bedroom rear unit, featuring a City Lights view, newer roofs, and covered patios. With potential ADU conversion and expansion opportunities, this is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants targeting long-term ROI.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3706 Pine Subject | $1,200,000* List Price | 0 | 0 | 2,402 | $434 | - |
A 4196 4198 Del Mar Ave Sold | $1,360,000 | 4 | 6 | 2,388 | $570 | 0.7 mi |
B 3620 Country Club Drive Sold | $999,000 | 0 | 0 | 2,100 | $476 | 0.2 mi |
C 4446 Linden Avenue Sold | $1,260,000 | 0 | 0 | 3,266 | $386 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1947, this property requires substantial rehabilitation as noted by the 'needs TLC' description. Interior images show a very dated kitchen with old appliances, worn dark carpeting, popcorn ceilings, and bathrooms with aged fixtures and tiling. While the roofs are relatively new, the interior systems and finishes appear to be 30-50 years old and require significant updates to meet modern standards.
Situated in the highly sought-after Los Cerritos and Bixby Knolls area, this property offers excellent long-term appreciation potential and high rental demand in a prestigious Long Beach neighborhood.
The property features a duplex layout with multiple expansion opportunities, including a potential ADU above the garage and the possibility of adding a second story to the rear unit.
Both residential units benefit from newer roofing, with the back unit featuring a brand-new roof and the front unit's roof being only a few years old, reducing immediate capital expenditure.
Both units are noted to need 'TLC,' indicating that significant cosmetic or functional renovations are required to bring the property to its full market potential.
The potential for additional living space and ADU conversion is subject to city permits and zoning verification, which may pose regulatory challenges or additional costs for the investor.
Great location Investment property located in Bixby knolls, Los Cerritos Subdivision. Front is a house with 3-bedrooms and 2-bath, large kitchen and dining area. House offers a cozy fireplace, covered patio and a potential extra room on top of two car garage or ADU. Back unit is separate building with 2-bedrooms and 1-bath, a covered patio. Back unit has potential of additional living space as second floor. Please check with the city. Both units needs TLC, back unit has new roof and front unit roof is few years new. The two units is perfect for an owner occupied investor or an investor who wants to fix and hold for more gain.
No exterior & parking available.
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 | 2,402 | 2,504.5 | 40% |
| Lot Size | 7,073 | 6,761.5 | 50% |
| Price | $1.20M | $1.27M | 40% |
| Price per sq ft | $500 | $437 | 60% |
| Built year | 1947 | 1960 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 198 | 20% |
Apr 7, 2026
$1,200,000
Initial Listing
Dec 1, 2006
$800,000
Public Record
Sep 13, 2004
$600,000
Public Record