4851 Faculty, Long Beach, California 90808, Long Beach, 90808 - 6 bed, 5 bath
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Long Beach, California 90808
This Triple-Unit Residential Compound is a High-Potential Investment Opportunity in the heart of Lakewood Village. Listed at $1,595,000, the property aligns with its $1,563,937 Fair Market Value, reflecting the premium value of the brand-new 2023 ADU and Jr. ADU additions. Boasting an Excellent Condition Rating, the residence features separate utility meters, new HVAC systems, and a private patio. Located in the Long Beach Unified district near Holmes Elementary and Bancroft Middle, this turnkey asset is perfectly suited for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4851 Faculty Subject | $1,595,000* List Price | 6 | 5 | 2,514 | $622 | - |
A 4601 Pepperwood Active | $1,550,000 List Price | 4 | 3 | 2,652 | $584 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property includes a brand-new ADU and Jr. ADU built in 2023 featuring modern kitchens with stainless steel appliances, shaker cabinetry, and contemporary flooring. The original main house is extensively updated with refinished hardwood floors, fresh paint, and new HVAC systems for all three units, meeting the criteria for recent extensive renovation and new construction.
The rare configuration of a main house plus a permitted ADU and Jr. ADU allows for a 'house-hacking' opportunity or a high-yield investment with three separate rental streams.
The property features brand-new 2023 construction for the ADUs, new HVAC systems for all units, and separately metered utilities, significantly reducing immediate capital expenditure and management complexity.
Situated in a highly sought-after Long Beach neighborhood, the property offers strong long-term appreciation potential and appeal to high-quality tenants.
The main three-bedroom residence is relatively small at just over 1,000 square feet, which may limit its appeal to families seeking more spacious common areas.
With the original home dating back to 1943, there may be a noticeable contrast in architectural style and underlying vintage components compared to the modern 2023 ADU additions.
Great Lakewood Village Location. Single Family Residence with a permitted ADU & Jr. ADU. Owner can live in one unit and rent the other two units. The original house is a 3 bedroom 2 bathroom consisting of approximately 1,046 square feet. The ADU is a free-standing 2 bedroom, 2 bathroom consisting of approximately 942 square feet. The Jr. ADU is a studio consisting of approximately 463 square feet. All three units have separate entrances, fenced yard areas, new HVAC systems and separately metered utilities. The ADU and Jr. ADU were built with permits in 2023.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 99% |
| Baths | 5.0 | 2.0 | 98% |
| Square foot | 2,514 | 1,548 | 95% |
| Lot Size | 7,731 | 5,580 | 92% |
| Price | $1.59M | $1.07M | 95% |
| Price per sq ft | $634 | $712 | 26% |
| Built year | 1943 | 1953 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 166 | 1% |
Apr 3, 2026
$1,595,000
Initial Listing
Nov 28, 2012
$399,000
Public Record
Aug 26, 2004
$550,000
Public Record