6160 Gundry, Long Beach, California 90805, Long Beach, 90805 - 0 bed, 0 bath
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Long Beach, California 90805
This property represents a High-Potential Investment Opportunity, listed at a List Price of $995,000—positioned well below the $995,810 Fair Market Value by 0.08%. Featuring a 2019-built ADU and a remodeled front house, this Mint Condition Rating asset generates a robust $5,050/month in rental income. With modern infrastructure like tankless water heaters and copper plumbing, it offers immediate cash flow with minimal deferred maintenance. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-generating property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6160 Gundry Subject | $995,000* List Price | 0 | 0 | 1,977 | $504 | - |
A 5846 Gardenia Sold | $825,000 | 4 | 2 | 1,608 | $513 | 0.5 mi |
B 6754 Rose Sold | $725,000 | 3 | 2 | 1,421 | $510 | 0.2 mi |
C 6228 Lemon Sold | $785,000 | 4 | 3 | 1,554 | $505 | 0.2 mi |
D 640 Street E Harding Sold | $790,000 | 2 | 2 | 1,277 | $619 | 0.5 mi |
E 6402 Raymond Avenue Sold | $870,000 | 3 | 2 | 2,044 | $426 | 0.7 mi |
F 1615 E 59th Street Sold | $819,000 | 3 | 2 | 1,338 | $612 | 0.3 mi |
G 5557 Lemon Avenue Sold | $830,000 | 3 | 3 | 1,400 | $593 | 0.7 mi |
H 5641 Linden Ave Sold | $785,000 | 3 | 2 | 1,262 | $622 | 0.8 mi |
I 6081 Lemon Pending | $875,000 List Price | 4 | 2 | 1,772 | $494 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a newer ADU built in 2019 (<10 years old) and a fully remodeled front house. Both units boast modern kitchens with quartz or granite countertops, updated tile and hardwood flooring, and high-end systems including copper plumbing, tankless water heaters, and dual-pane windows. The condition is mint and move-in ready with no deferred maintenance indicated.
The property features two permitted residences on a single lot generating a substantial $5,050 in monthly rental income, providing immediate cash flow for investors.
With a 2019-built ADU and upgrades across both units—including tankless water heaters, copper plumbing, and dual-pane windows—the property offers reduced immediate maintenance concerns.
Both homes are equipped with separate utilities, private entrances, and individual storage sheds, which simplifies management and enhances the privacy and appeal for tenants.
The property is subject to California AB 1482, which imposes statewide rent caps and 'just cause' eviction protections, potentially limiting future rent growth and management flexibility.
The available property photos date back to 2020, which may not accurately reflect the current interior condition after years of tenant occupancy, necessitating a thorough physical inspection.
Income-Generating Property with Two Permitted Homes on One Lot! Income Total: $4,900/month. Immediate rental income ($2,800/mo and $2,100/mo), long-term tenants. Newer Rear ADU built 2019 & Front home built 1941. ADU residence features a spacious 3-bedroom, 1.75-bathroom floor plan, HVAC, tile floors, composite or possible granite counters in Kitchen & Bathrooms, appx. 1,200 sq ft of modern living space. Front of lot is older independent, permitted 2 bedroom, 1 bathroom, Remodeled detached front house, appx 777 sq ft with private entrance, sep utilities, Kitchen Quartz type Counter top, Tile floors in Kitchen and Bath. Floor furnace. Hardwood floors in living room & bedrooms. Both have tankless water heaters, vinyl dual pane windows and copper pipe through out in both houses. Shed, Wood & Vinyl Fencing. Low maintenance. Perfect for a savvy investor looking for instant cash flow. Conveniently located near local amenities, 91 and 710 freeways and mass transit., California 1482 applies.Owner's photos were taken appx. in 2020.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 1,977 | 1,556.5 |
| Lot Size | 4,579 | 5,910 |
| Price | $995.0K | $1.02M |
| Price per sq ft | $503 | $721 |
| Built year | 1941 | 1949 |
| HOA | $0 | $240 |
| Days on market | 23 | 46 |
Jun 29, 2026
$995,000
Initial Listing