61 Bennett, Long Beach, California 90803, Long Beach, 90803 - bed, bath

61 Bennett, Long Beach, California 90803 home-pic-0
ACTIVE$1,475,000$2,362/sqft
61 Bennett, Long Beach, California 90803
0Bed
0Bath
2,362Sqft
4,730Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Naples Elementary School (10/10).
Top Cons:
Age of Construction: Built in 1940, the property is over 80 years old, which may imply potential for significant maintenance, system upgrades (plumbing, electrical), or cosmetic renovations to meet contemporary standards.

Compared to the nearby listings

Price:$1.48M vs avg $1.81M ($-337,500)21%
Size:2,362 sqft vs avg 2,745 sqft43%
Price/sqft:$624 vs avg $76029%

More Insights

Built in 1940 (86 years old).
Condition: The property was built in 1940, making it over 80 years old. While the exterior appears well-maintained with some visible updates like newer windows, a sliding glass door, and fresh paint, there are no interior images, particularly of the kitchen and bathrooms. The description states the property 'has been maintained,' which suggests regular upkeep rather than extensive modern renovations. Given its age and the lack of interior updates, it's highly probable that the major systems (plumbing, electrical) and interior finishes, especially kitchens and bathrooms, are outdated and would require minor to moderate updates to meet current standards and aesthetics. This aligns with the 'Fair' condition criteria, indicating an aged but maintained home with functional but outdated components.
Year Built
1940
Close
-
List price
$1.48M
Original List price
$1.53M
Price/Sqft
$624
HOA
-
Days on market
-
Sold On
-
MLS number
PW25262771
Home ConditionFair
Features
Excellent View: Ocean
Patio
ViewOcean

About this home

Belmont Shore duplex on a 4,730 sqft lot! This duplex features two 2 bedroom, 1 bath living spaces, two single garage spaces, on-site laundry and a huge backyard making it perfect for owner occupied living or an optimum offering to tenants. Discover Long Beach's coastal living with vibrant Belmont Shore restaurants and shops or a one block stroll to a beautiful beach playland. This Property has been maintained and offers a rare opportunity to own in one of California's still affordable beach cities.

S
Shelley Hanks
Listing Agent

Nearby schools

9/10
Lowell Elementary School
Public,K-50.7mi
10/10
Naples Elementary School
Public,K-51.0mi
7/10
Rogers Middle School
Public,6-80.9mi
6/10
Wilson High School
Public,9-121.3mi

Price History

Date
Event
Price
04/28/00
Sold
$400,000
11/10/15
Sold
$949,000
Condition Rating
Fair

The property was built in 1940, making it over 80 years old. While the exterior appears well-maintained with some visible updates like newer windows, a sliding glass door, and fresh paint, there are no interior images, particularly of the kitchen and bathrooms. The description states the property 'has been maintained,' which suggests regular upkeep rather than extensive modern renovations. Given its age and the lack of interior updates, it's highly probable that the major systems (plumbing, electrical) and interior finishes, especially kitchens and bathrooms, are outdated and would require minor to moderate updates to meet current standards and aesthetics. This aligns with the 'Fair' condition criteria, indicating an aged but maintained home with functional but outdated components.
Pros & Cons

Pros

Great Schools: Elementary School: Naples Elementary School (10/10).
Prime Coastal Location: Situated in the highly desirable Belmont Shore, offering immediate access to vibrant restaurants, shops, and a beautiful beach just one block away, enhancing lifestyle and rental appeal.
Income-Generating Duplex: A residential income property featuring two 2-bedroom, 1-bath units, ideal for owner-occupancy with rental income or as a pure investment, providing strong cash flow potential.
Ocean View: The property boasts an ocean view, a premium and highly sought-after amenity that significantly increases its market value and desirability.
Valuable On-Site Amenities: Includes two single garage spaces, on-site laundry, and a large backyard, providing convenience and added value for both residents and tenants.
Excellent School District: Located within a highly-rated school district, with top-tier elementary schools nearby, making it attractive to families.

Cons

Age of Construction: Built in 1940, the property is over 80 years old, which may imply potential for significant maintenance, system upgrades (plumbing, electrical), or cosmetic renovations to meet contemporary standards.
Recent Price Reductions: Multiple price drops from the original list price suggest potential overpricing or a slower-than-anticipated market response, which could indicate a need for further price adjustments.
Limited Bathroom Count: Each unit features only one bathroom for two bedrooms, which might be a drawback for some tenants or owner-occupants seeking more modern layouts or additional facilities.
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