
Long Beach, California 90814
This High-Potential Investment Opportunity is a turnkey duplex listed at $1,329,000, positioned well below the $1,524,552 Fair Market Value by 12%. This valuation gap provides $195,552 in Instant Equity. Featuring a Mint Condition Rating, the property includes a renovated Craftsman bungalow and a fully modernized 2-bedroom rear unit with private outdoor space. Located in the historic Bluff Heights neighborhood, this asset offers high rental demand and lifestyle appeal, making it ideal for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 373 Gladys Subject | $1,329,000* List Price | 0 | 0 | 2,478 | $615 | - |
A 367 Loma Sold | $1,310,000 | 0 | 0 | 2,192 | $598 | 0.4 mi |
B 4006 E Vermont Street Sold | $1,230,000 | 0 | 0 | 1,812 | $679 | 0.7 mi |
C 361 Gladys Pending | $1,379,000 List Price | 0 | 0 | 2,582 | $534 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1918, the property has undergone a complete top-to-bottom renovation within the last few years. The rear unit features all-new construction, including plumbing, electrical, and a mini-split HVAC system. The front unit includes a fully remodeled kitchen with modern stainless steel appliances, shaker cabinets, and updated flooring. The property is in mint, move-in condition with no maintenance required.
Situated in the desirable Bluff Heights neighborhood, the property offers exceptional walkability to Retro Row, local dining, and the beach, ensuring high tenant demand and lifestyle appeal.
The rear unit features a complete top-to-bottom renovation with all-new systems, including HVAC, plumbing, and electrical, while the front Craftsman maintains its historic charm with updated essential spaces.
This duplex configuration with private outdoor spaces and dedicated parking for each unit provides an ideal opportunity for either an owner-occupant looking to offset their mortgage or a turnkey investment.
The original single-car garage is currently utilized only for storage, which may be a drawback for buyers requiring secure, enclosed vehicle parking in a high-density area.
As a 1918 build, the front bungalow may require ongoing specialized maintenance typical of historic Craftsman homes, despite the recent interior kitchen and bathroom updates.
This unique duplex is located in the historic Bluff Heights neighborhood, within walking distance of local shops, coffee houses, restaurants, the popular Retro Row district, and the Bluff overlooking the beach. The front portion of the property is an original 3 bedroom/1bath Craftsman bungalow, providing exceptional charm and attractive curb appeal, with a completely renovated kitchen and refurbished bathroom. The rear unit is a spacious 1,250-square-foot residence featuring 2 bedrooms and 2 bathrooms. Completely renovated from top to bottom, this home offers the comfort and convenience of all-new construction with thoughtful modern upgrades throughout. Improvements include new doors and windows, all new plumbing and electrical, new insulation for enhanced comfort and sound reduction, luxury vinyl plank flooring, a mini-split HVAC system, a private stacked washer and dryer, a fully remodeled kitchen with all new appliances, and beautifully updated bathrooms. The generous floor plan includes oversized bedrooms with large closets, including a private primary suite. Additional features of the property include a private outdoor space for each unit, a front driveway, the original single car garage (now used as storage) and a dedicated rear parking space accessible from the alley. This is a must-see property that combines historic neighborhood charm with modern living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,478 | 2,100 |
| Lot Size | 6,503 | 5,077.5 |
| Price | $1.33M | $1.14M |
| Price per sq ft | $536 | $519 |
| Built year | 1918 | 1950 |
| HOA | $0 | $0 |
| Days on market | 46 | 68 |
Jun 6, 2026
$1,329,000
Initial Listing