6147 Gundry, Long Beach, California 90805, Long Beach, 90805 - 3 bed, 3 bath
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Long Beach, California 90805
This Multi-Unit Income Property is a Strong Value Opportunity, listed at $1,050,000—positioned well below the $1,065,344 Fair Market Value by 1%. This valuation provides $15,344 in Instant Equity for the buyer. The estate features a 1927 Spanish-style architecture main home paired with a 2021 ADU and 2023 JADU, all maintaining a Move-in Ready Condition. With renovated bathrooms and a private patio, the property offers significant rental revenue to offset mortgage costs within the Long Beach Unified district. This is an ideal acquisition for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors targeting a turnkey, multi-generational asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6147 Gundry Subject | $1,050,000* List Price | 3 | 3 | 2,425 | $439 | - |
A 6228 Lemon Sold | $785,000 | 4 | 3 | 1,554 | $505 | 0.2 mi |
B 5846 Gardenia Sold | $825,000 | 4 | 2 | 1,608 | $513 | 0.5 mi |
C 5916 Walnut Avenue Sold | $975,000 | 0 | 0 | 2,065 | $472 | 0.3 mi |
D 1656 E 63rd Active | $849,000 List Price | 3 | 2 | 1,526 | $556 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and benefits significantly from two recently constructed units (ADU in 2021 and JADU in 2023). While the main house kitchen is dated and shows some wear, the bathrooms in the primary residence have been recently renovated with modern tile and glass showers. The overall property is well-maintained, combining original 1927 character with essential modern updates and new additional living spaces.
The property features a main house plus two recently constructed, income-generating units (ADU built in 2021 and JADU in 2023), providing a turnkey opportunity for investors or owner-occupants to offset mortgage costs.
With two brand-new additional units and recently renovated bathrooms in the main house, the property offers modern living standards and reduced immediate maintenance requirements.
This 1927 Spanish-style home retains its original charm and curb appeal, enhanced by mature landscaping and a welcoming entry that stands out in the North Long Beach market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2425, other record living area = 1125.
Accommodating three separate living units on a 4,680-square-foot lot results in limited private outdoor space and potentially cramped common areas for residents.
While the bathrooms are updated, the main residence dates back to 1927, which may necessitate future investments in aging core systems like plumbing or electrical typical of homes from that era.
Welcome to 6147 Gundry Ave, a charming Spanish-style home in North Long Beach with great curb appeal and excellent income potential. The main house offers 2 bedrooms and 2 bathroom, including two recently renovated bathrooms, and a comfortable layout that maintains the home’s original character. What makes this property truly special are the two additional units: a standard ADU built in 2021 and a Junior ADU built in 2023. Both units are currently rented and generating positive income, creating a great opportunity for an owner looking to offset their mortgage or for an investor seeking a property with built-in rental revenue. The front yard features mature landscaping and a welcoming entry that adds to the home’s charm. Conveniently located near schools, shopping, dining, and easy freeway access. Whether you're looking to live in the main home while collecting rental income or add a strong investment property to your portfolio, this is a unique opportunity in Long Beach.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 1.0 | 91% |
| Square foot | 2,425 | 1,127 | 98% |
| Lot Size | 4,680 | 5,154 | 30% |
| Price | $1.05M | $715.0K | 97% |
| Price per sq ft | $433 | $641 | 3% |
| Built year | 1927 | 1942 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 171 | 5% |
Mar 16, 2026
$1,050,000
Initial Listing
Jul 30, 2008
$281,000
Public Record
Sep 9, 2002
$125,000
Public Record