4196 4198 Del Mar Ave, Long Beach, California 90807, Long Beach, 90807 - 4 bed, 6 bath
ACTIVE$1,490,000$2,388/sqft
4196 4198 Del Mar Ave, Long Beach, California 90807
4Beds
6Baths
2,388Sqft
7,584Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Duplex: The property is classified as a Residential Income Duplex, offering immediate potential for rental income from two separate units, appealing to investors or owner-occupants seeking rental offset.
Top Cons:
Age of Property: Built in 1963, the property is over 60 years old, which may imply the need for significant updates to major systems (e.g., plumbing, electrical, HVAC) and general modernization, potentially incurring substantial costs.
Compared to the nearby listings
Price:$1.49M vs avg $1.29M (+$195,000)86%
Size:2,388 sqft vs avg 2,900 sqft29%
Price/sqft:$624 vs avg $44786%
More Insights
Built in 1963 (63 years old).
Condition: Built in 1963, this property is 61 years old. The exterior images show a dated appearance with minimal landscaping and utilitarian siding, suggesting a lack of recent cosmetic updates or regular upkeep. Crucially, the absence of any interior photos strongly indicates that the kitchen, bathrooms, and other interior spaces are significantly outdated or in poor condition, requiring substantial repairs and rehabilitation. Major systems (electrical, plumbing, HVAC) are likely at or beyond their expected lifespan and would require significant investment.
Year Built
1963
Close
-
List price
$1.49M
Original List price
$1.49M
Price/Sqft
$624
HOA
-
Days on market
-
Sold On
-
MLS number
DW25214550
Home ConditionPoor
Features
View-
About this home
J
Joaquin Aduna
Listing Agent
Condition Rating
Poor
Built in 1963, this property is 61 years old. The exterior images show a dated appearance with minimal landscaping and utilitarian siding, suggesting a lack of recent cosmetic updates or regular upkeep. Crucially, the absence of any interior photos strongly indicates that the kitchen, bathrooms, and other interior spaces are significantly outdated or in poor condition, requiring substantial repairs and rehabilitation. Major systems (electrical, plumbing, HVAC) are likely at or beyond their expected lifespan and would require significant investment.
Pros & Cons
Pros
Income-Generating Duplex: The property is classified as a Residential Income Duplex, offering immediate potential for rental income from two separate units, appealing to investors or owner-occupants seeking rental offset.
High Bathroom Count: With 6 bathrooms for 4 bedrooms across the two units, this property provides excellent functionality and convenience, enhancing its appeal to tenants or multiple occupants.
Generous Lot Size: The substantial 7,584 sqft lot offers ample outdoor space for landscaping, recreation, or potential for future expansion, a valuable asset in an urban setting.
Desirable Long Beach Location: Located in North Long Beach, the property benefits from being in a well-established area within a major Southern California city, providing access to amenities and a strong rental market.
Substantial Living Space: The total living area of 2,388 sqft provides comfortable and spacious accommodations across both units, appealing to a broad range of potential tenants or owner-occupants.
Cons
Age of Property: Built in 1963, the property is over 60 years old, which may imply the need for significant updates to major systems (e.g., plumbing, electrical, HVAC) and general modernization, potentially incurring substantial costs.
Lack of Views: The property explicitly states 'view: None,' which could be a drawback in a Southern California market where scenic views often command a premium and are highly sought after.
High Entry Price Point: With a list price of $1,490,000, this property represents a significant investment, potentially limiting the pool of prospective buyers, especially given its age and without specific details on recent high-value renovations.