
Long Beach, California 90805
This Rare Triplex Asset is listed at $1,300,000, representing a strategic acquisition in a high-demand rental corridor. While the $1,158,087 Fair Market Value reflects current market data, the property’s true potential lies in its Expansive 10,109 Sqft Lot and versatile unit configuration. With a Condition Rating of 5, this project requires significant modernization but offers substantial ROI through forced appreciation and potential ADU expansion. Featuring a 3-bedroom main house and two 2-bedroom units, this Value-Add Opportunity is perfectly suited for Buy-and-Hold Investors or Developers looking to capitalize on North Long Beach's growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42 W Mountain View Subject | $1,300,000* List Price | 0 | 0 | 2,375 | $488 | - |
A 410 E 60th St 1 Active | $919,900 List Price | 0 | 0 | 1,986 | $463 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1930 (94 years old) and shows significant signs of deferred maintenance. Exterior images reveal a dilapidated wooden fence, cracked concrete, and aged stucco. While the description mentions 'improvements' to one unit, the lack of specific dates for kitchen, bath, or major system (HVAC/Electric) upgrades, combined with the overall age and visible exterior wear, places it in the rehab-needed category.
The property features a unique triplex configuration including a spacious 3-bedroom main house and two 2-bedroom units, offering diverse rental options and high cash-flow potential for investors.
Situated on a generous 10,109 square foot lot, the property provides ample space for parking and significant potential for future development or the addition of Accessory Dwelling Units (ADUs).
Conveniently located with easy access to both the 710 and 105 freeways, this property offers excellent accessibility for tenants commuting throughout Los Angeles and Orange Counties.
The listing includes a garage conversion and explicitly advises buyers to verify land use with the city, suggesting potential complexities regarding the legality of all units and permit compliance.
Originally constructed in 1930, the property may require significant ongoing maintenance or capital expenditures to modernize aging systems and ensure long-term structural integrity.
A very rare 3 Units Rental property located on the West side of Long Beach Blvd. and In North side of Del Amo Blvd. accessible to both 710 & 105 Freeway. It has 2 bldg. structure on the lot, with 1 bldg with 2 units and has 2 bedroom and a bathroom on each unit. the other bldg. is a single family unit with 3 bedroom and 3 bathroom and a garaged converted into another room with bathroom. This unit has a lot of improvements. It has available parking space. This property is zoned for a Multiple units. Please you are advised to verify with the City for its land use and zoning. Come and See it by yourselves and figure out what else you can do on this 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 | 2,375 | 1,613.5 | 70% |
| Lot Size | 10,109 | 4,949 | 95% |
| Price | $1.30M | $820.8K | 90% |
| Price per sq ft | $547 | $536 | 55% |
| Built year | 1930 | 1950 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 53 | 215 | 5% |
Apr 22, 2026
$1,300,000
Initial Listing