410 E 21st Street, Long Beach, California 90806, Long Beach, 90806 - 0 bed, 0 bath
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410 E 21st Street
Long Beach, California 90806
ACTIVE
CONDITION: GOOD
0Beds
0Baths
1,931Sq Ft
2,843Lot Size
Property Price
LIST PRICE$840,000
EST. MARKET VALUE
$840,000
SUMMARY
This 1923 Duplex represents a High-Potential Investment Opportunity, listed at a List Price of $840,000—positioned well below the $840,000 Fair Market Value (priced at market). With a Condition Rating of 3, this move-in ready asset features separate utility meters and a 2-car garage, ensuring operational efficiency. Located near the 405/710 corridor, it offers strong rental demand and a projected 6.3% cap rate. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income to offset mortgage costs.
Estimated Market Value
$840,000
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 |
|---|---|---|---|---|---|---|
★ 410 E 21st Street Subject | $840,000* List Price | 0 | 0 | 1,931 | $435 | - |
A 932 E 23rd Street Sold | $838,000 | 4 | 3 | 1,900 | $441 | 0.5 mi |
B 932 E 23rd Street Sold | $838,000 | 0 | 0 | 1,900 | $441 | 0.5 mi |
C 1876 Myrtle Active | $759,000 List Price | 0 | 0 | 2,400 | $316 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Despite the 1923 build date, the property appears well-maintained and move-in ready. Interior photos show recent updates including laminate flooring, fresh paint, and modern ceiling fans. The presence of vinyl replacement windows and separate utility meters suggests systems are functional and have been updated within the 5-15 year range.
PROSSTRENGTHS & OPPORTUNITIES
- High Yield Potential
The property offers a projected 6.3% cap rate and approximately $52,900 in annual NOI, making it a highly attractive option for income-focused investors in the Long Beach market.
- Owner-Occupant Opportunity
With one unit delivered vacant, a buyer can move in immediately and utilize the rental income from the second unit to significantly offset mortgage costs and build equity.
- Strategic Commuter Location
Situated near the 405 and 710 freeway corridors, the property is ideally positioned to attract a large pool of tenants seeking easy accessibility to major employment hubs.
CONSRISKS & DEFICIENCIES
- Extended Days on Market
The property has been active for 193 days with multiple price reductions, which may suggest that the market is still adjusting to its value or that there is buyer hesitation.
- Vintage Infrastructure
Built in 1923, this century-old structure may require more frequent maintenance and capital expenditures for aging systems compared to newer residential income properties.
About 410 E 21st Street
Charming 1923 duplex in North Long Beach — perfect for owner-occupants or savvy investors! Two spacious 2BD/1.5BA units (1,931 sqft total, 2,843 sqft lot). Move right into the VACANT unit and let your tenant's rent help cover the mortgage, or lease both units for a projected ~6.3% cap rate, 11.7x GRM and ~$52,900/yr NOI. Separate gas/electric meters per unit; owner pays water. 2-car attached garage, one space per unit. No need to wait on a tenant to vacate — move-in ready now. Priced below nearby comps in a strong rental pocket near the 405/710 corridor. A rare dual-purpose opportunity!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1923
- Lot Size
- 2,843 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
Burnett Elementary School
Grades K-5 • 0.2 mi
5/10
Roosevelt Elementary School
Grades K-5 • 0.6 mi
7/10
Signal Hill Elementary School
Grades K-5 • 0.9 mi
8/10
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 | 1,931 | 2,300.724 |
| Lot Size | 2,843 | 5,277.379 |
| Price | $840.0K | $1.24M |
| Price per sq ft | $435 | $513 |
| Built year | 1923 | 1949 |
| HOA | $0 | $0 |
| Days on market | 221 | 74 |
Pricing History
Listed for Sale
Jun 11, 2026
$840,000
$860,000
-2% Price Drop
Initial Listing
Price Change
Apr 8, 2026
$860,000
$880,000
-2% Price Drop
Initial Listing
Price Change
Jan 31, 2026
$880,000
Initial Listing
Sold
Feb 28, 2019
$630,000
Public Record
Sold
May 2, 2005
$445,000
Public Record
Sold
May 6, 2004
$365,000
Public Record
Sold
Jan 15, 1999
$185,000
Public Record
Sold
Jan 29, 1998
$90,000
Public Record