
Long Beach, California 90805
This Multi-Unit Value-Add Asset is listed at $899,000, representing a stable entry point near the $872,732 Fair Market Value in the high-demand North Long Beach rental corridor. The 1948 Duplex features a 1-bedroom front unit and a 2-bedroom back unit, currently holding a Fair Condition Rating that offers significant upside through modernization. Situated on an expansive 5,158-square-foot lot with a private patio, the property provides strategic access to the 710 Freeway and Bixby Knolls. This is a prime acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-potential house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4813 Pacific Subject | $845,000* List Price | 0 | 0 | 1,660 | $542 | - |
A 55 W Home Sold | $675,000 | 2 | 2 | 1,107 | $610 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1948, this duplex is well-maintained but shows clear signs of age and dated finishes. The kitchens feature older oak cabinetry and a mix of appliances, while the living areas utilize older wall-mounted heating units rather than modern central HVAC. While the hardwood floors and tiling are in functional condition, the property has not undergone a comprehensive renovation in recent years, placing it firmly in the fair category.
The duplex configuration, featuring a 1-bedroom front unit and a 2-bedroom back unit, provides excellent flexibility for owner-occupants to 'house hack' or for investors to maximize rental yields.
Situated with immediate access to the 710 Freeway and just minutes from the popular dining and retail hub of Bixby Knolls, the property is highly attractive to commuters and long-term tenants.
The 5,158-square-foot lot is characterized by lush greenery and a peaceful setting, offering a level of privacy and outdoor space rarely found in high-density multi-unit residential areas.
Constructed in 1948, the property may require significant capital improvements or updates to its core systems to meet modern efficiency and safety standards.
While convenient for travel, the close proximity to the 710 Freeway may introduce higher levels of ambient noise and air quality concerns, which could affect the property's long-term desirability.
Welcome To This Great Investment Opportunity In North Long Beach! This Duplex Sits On A Spacious Lot Filled With Lush Greenery, Offering A Peaceful And Private Setting. The Front Unit Features 1 Bedroom And 1 Bathroom, While The Back Unit Offers 2 Bedrooms And 1 Bathroom—Perfect For Living In One And Renting Out The Other, Or Maximizing Rental Income. Conveniently Located Near The 710 Freeway, This Property Provides Easy Access For Commuters And Is Just Minutes From The Shops, Dining, And Charm of Bixby Knolls. Whether You're An Investor Or Looking For A Multi-Unit Living Option, This Property Offers Flexibility, Space, And Strong Potential
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 | 1,660 | 1,700 | 40% |
| Lot Size | 5,158 | 5,158 | 50% |
| Price | $845.0K | $845.0K | 50% |
| Price per sq ft | $509 | $516 | 48% |
| Built year | 1948 | 1948 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 210 | 4% |
Apr 16, 2026
$845,000
$880,000
-4% Price Drop
Initial Listing
Apr 4, 2026
$880,000
$899,000
-2% Price Drop
Initial Listing
Mar 25, 2026
$899,000
Initial Listing
Dec 28, 2011
$285,000
Public Record
Sep 29, 2006
$412,000
Public Record
Sep 28, 2004
$430,000
Public Record
Feb 27, 2004
$311,000
Public Record