
Long Beach, California 90813
This 1906 Value-Add Duplex represents a strategic acquisition in a high-demand rental market, currently listed at $815,000. While the $702,979 Fair Market Value reflects its current Condition Rating of 6, the property offers significant upside through a complete rehabilitation of its two 2-bedroom units. Situated on a 3,901 square foot lot featuring a private patio near downtown Long Beach and the Metro rail, the location ensures strong future occupancy. This is a prime project for Fix-and-Flip Investors or Value-Add Developers looking to capitalize on land-based value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 411 E 8th Subject | $815,000* List Price | 0 | 0 | 1,768 | $398 | - |
A 909 Gaviota Active Under Contract | $729,999 List Price | 0 | 0 | 1,760 | $415 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1906, this property is over a century old with no visible signs of major renovations in the past 50 years. The exterior shows significant wear, weathered siding, old windows, and cracked concrete. The laundry area is extremely basic and unkempt. While no interior photos of kitchens or bathrooms are provided, the overall condition strongly suggests these areas are original or severely outdated, requiring complete replacement. The property's 'value-add potential' likely refers to the land and redevelopment opportunities, as the existing structure would require substantial, costly rehabilitation, making its current condition effectively unlivable and its value primarily land-based.
This duplex is explicitly marketed as a 'fantastic income-producing property' with two separate 2-bedroom, 1-bathroom units, offering immediate rental revenue.
Conveniently situated near downtown Long Beach, schools, major transportation routes, Metro rail, and shopping, enhancing tenant appeal and property value.
Ideal for both homeowners looking to offset mortgage costs with rental income and pure investors seeking a stable asset in a prime area.
Built in 1906, the property is over a century old, likely requiring substantial investment in updating systems (plumbing, electrical, HVAC) and addressing deferred maintenance.
The property explicitly states 'None' for views, which could be a drawback for potential buyers or renters seeking scenic outlooks in the Long Beach area.
While offering 'value creation,' this implies that considerable capital expenditure will be necessary to modernize the units and maximize rental income or resale value.
Discover the potential of this Duplex located at 411 E 8th Street in Long Beach. Built in 1906, this duplex consists of two separate units with a combined total of 4 bedrooms and 2 bathrooms. Ideal for homeowners or investors alike. The Bottom unit is a 2-bedroom, 1-bathroom. The upper unit is a 2-bedroom, 1-bathroom with its own separate entrance. The property sits on a 3901 square foot lot. Conveniently located near downtown Long Beach, schools, major transportation routes, Metro rail, and convenient shopping. Don’t miss out on this unique chance to invest and create value in a prime location! Fantastic income-producing property.
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 | 1,768 | 2,366 | 33% |
| Lot Size | 3,901 | 5,200 | 20% |
| Price | $815.0K | $985.0K | 33% |
| Price per sq ft | $461 | $425 | 67% |
| Built year | 1906 | 1922 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 75 | 164 | 13% |
Mar 18, 2026
$815,000
$890,000
-8% Price Drop
Initial Listing
Feb 6, 2026
$890,000
Initial Listing
Feb 27, 1997
$90,000
Public Record