412 E 16th Street, Long Beach, California 90813, Long Beach, 90813 - bed, bath
412 E 16th Street
Long Beach, California 90813
Property Price
SUMMARY
Analysis of 412 E 16th Street, Long Beach, California 90813 is currently available with a list price of $1,900,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1923, this property has undergone recent cosmetic updates in 'most 1-bedroom units,' including new kitchen cabinets, flooring, windows, and fresh paint. However, the images reveal older appliances, dated light fixtures, and bathrooms that, while clean, show signs of age with older tiling and basic fixtures. The property is sold 'as-is,' suggesting potential underlying issues beyond the cosmetic updates. While livable due to recent surface improvements, the overall age of the building and the limited scope of renovations mean major systems are likely outdated, preventing it from being classified as 'Good.' It requires minor updates and repairs to meet modern standards, aligning with a 'Fair' condition.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Income Potential
The property comprises four 1-bedroom, 1-bathroom units, presenting a strong opportunity for rental income generation.
- Non-Rent Controlled Area
Located in a non-rent controlled zone, offering investors greater flexibility in setting and adjusting rental rates.
- Recent Unit Upgrades
Most 1-bedroom units have been updated with new kitchen cabinets, flooring, windows, and fresh paint, reducing immediate renovation needs.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4593, living area = 4452.
- Sold 'As-Is' Condition
The property is explicitly sold 'as-is,' implying potential for deferred maintenance or undisclosed issues requiring buyer investment.
- Historic Property Age
Built in 1923, the property's age may lead to higher maintenance costs, outdated infrastructure, and potential for unforeseen repairs.
About 412 E 16th Street
- 4 Beds & 7 Baths - 4,452 SF - Four large 1 bedroom & 1 bathroom (Front Building) - individual gas & electric meters - Building in none rent controlled area - Close to Blue Line transportation, school - Most 1 bedroom units have new kitchen cabinets, floor & windows and inside paint - 1 bedroom units have laundry hook-ups THE PROPERTY IS SOLD AS-IS CONDITION.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1923
- Lot Size
- 4,593 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 2.0 | 6% |
| Baths | - | 1.0 | 6% |
| Square foot | 4,452 | 1,161.5 | 94% |
| Lot Size | 4,593 | 4,468 | 56% |
| Price | $1.90M | $652.5K | 94% |
| Price per sq ft | $427 | $624 | 6% |
| Built year | 1923 | 1922 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 697 | 161 | 0% |
Pricing History
Listed for Sale
Nov 18, 2025
$1,900,000
Initial Listing
Price Change
Apr 8, 2024
$1,200,000
Initial Listing
Sold
Feb 16, 2024
$5,987,500
Public Record
Sold
Dec 29, 2006
$742,000
Public Record
Sold
Mar 16, 2005
$637,000
Public Record
Sold
Oct 3, 2003
$535,000
Public Record
Sold
Sep 13, 2002
$298,000
Public Record
Sold
Oct 4, 2001
$177,000
Public Record
Sold
Dec 9, 1999
$190,000
Public Record