
Long Beach, California 90803
This Turnkey Residential Income Duplex is a Strong Value Opportunity, listed at $1,299,999—positioned slightly above the $1,264,264 Fair Market Value. Featuring a Mint Condition Rating with recent renovations, this property offers immediate rental appeal in a prime coastal location. With Rare Development Upside for an ADU and Ample Off-Street Parking, it provides significant long-term potential. Located near Top-Rated Schools like Naples Elementary, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage Belmont Shore’s vibrant lifestyle and rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 53 Bennett Subject | $1,299,999* List Price | 0 | 0 | 1,476 | $857 | - |
A 12 Argonne Avenue Sold | $1,170,000 | 0 | 0 | 1,320 | $886 | 0.3 mi |
B 268 Bennett Sold | $1,410,000 | 0 | 0 | 1,944 | $725 | 0.5 mi |
C 243 Ximeno Avenue Sold | $1,362,000 | 4 | 2 | 1,772 | $769 | 0.4 mi |
D 243 Ximeno Avenue Sold | $1,362,000 | 0 | 0 | 1,772 | $769 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1942, the property has undergone a comprehensive recent renovation (likely within the last 5 years) including new kitchens with shaker cabinets and stone countertops, modern laminate flooring, new windows, and fresh interior/exterior paint, putting it in mint, move-in ready condition.
Elementary School: Naples Elementary School (10/10).
Situated in the heart of Belmont Shore, this property offers an exceptional lifestyle with immediate proximity to the beach and the popular shopping, dining, and entertainment corridor of 2nd Street.
The property features rare development upside for the area, with the potential to add an ADU or a third unit above the garages, potentially increasing the unit count and parking capacity.
With unit sizes of approximately 825 and 650 square feet, the small footprints may limit appeal for long-term residents or owner-occupants desiring more spacious interiors.
The projected upside for a third unit or ADU is strictly subject to city and planning approval, which introduces uncertainty and potential costs for investors looking to maximize the lot's utility.
Traditional-style duplex in the heart of coveted Belmont Shore, just across from the beach and within walking distance of the sand, vibrant 2nd Street shopping, restaurants, and cafés. The front residence, 53 Bennett, offers approximately 825 square feet with two bedrooms, one bathroom, a separate kitchen, timeless character, and thoughtful updates. The rear residence, 55 Bennett, features approximately 650 square feet with one spacious bedroom, one bathroom, and a large kitchen with a dedicated dining area. Both units have been refreshed with new interior and exterior paint, modern laminate flooring, updated lighting, and new windows. The property also includes two single-car garages, approximately two to three additional rear parking spaces, and a separate laundry room attached to the garage. A private, secured courtyard provides an inviting outdoor space where residents can relax, entertain, enjoy weekend barbecues, or spend time with their pets. The property may also offer significant upside potential for an ADU or third unit above the garages, possibly incorporating a private deck and additional tandem parking while preserving much of the courtyard. Subject to city and planning approval, the property could potentially accommodate three residential units and up to six parking spaces. Buyers are encouraged to independently verify all development possibilities. An excellent opportunity for an investor or owner-occupant looking to enjoy the Belmont Shore lifestyle while receiving rental income from the second unit. Live just moments from the sand, ocean breezes, and everything 2nd Street has to offer. Beach-close living at its finest!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.0 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.9 |
| Baths | 0.0 | 4.4 |
| Square foot | 1,476 | 2,300.724 |
| Lot Size | 4,729 | 5,277.379 |
| Price | $1.30M | $1.24M |
| Price per sq ft | $881 | $513 |
| Built year | 1942 | 1949 |
| HOA | $0 | $0 |
| Days on market | 34 | 74 |
Aug 6, 2026
$1,299,999
Initial Listing