643 Elm Avenue, Long Beach, California 90802, Long Beach, 90802 - bed, bath

643 Elm Avenue, Long Beach, California 90802 home-pic-0
ACTIVE$969,000
643 Elm Avenue, Long Beach, California 90802
0Bed
0Bath
2,304Sqft
2,351Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Unit Configuration: This duplex offers a rare and highly desirable layout with two expansive 4-bedroom, 2-bathroom units, providing significant living space and versatility for tenants or multi-generational living.
Top Cons:
Limited Outdoor Space: With a lot size of only 2351 sqft relative to the 2304 sqft of living space, the property offers minimal private outdoor area, which may be a drawback for some tenants or owners.

Compared to the nearby listings

Price:$969.0K vs avg $1.05M ($-81,000)27%
Size:2,304 sqft vs avg 2,688 sqft45%
Price/sqft:$421 vs avg $42150%

More Insights

Built in 1917 (108 years old).
Condition: Built in 1917, this property has undergone functional updates rather than extensive modern renovations. The kitchen, with its light wood cabinets, green countertops, and white tile flooring, appears dated, likely updated 15-25 years ago. While the bathrooms feature more contemporary elements like subway tile and hex floors, they are basic. The property is maintained and livable, but major components, particularly the kitchen, show signs of being outdated, aligning with the 'Fair' condition criteria.
Year Built
1917
Close
-
List price
$969K
Original List price
$995K
Price/Sqft
$421
HOA
-
Days on market
-
Sold On
-
MLS number
PW25075928
Home ConditionFair
Features
ViewNeighborhood

About this home

A rare chance to own an exceptionally spacious duplex in one of Southern California’s most dynamic and evolving markets. This large property features eight total bedrooms and four bathrooms across two expansive units, each offering four bedrooms and two bathrooms, making it a unique find with a layout rarely seen in multifamily properties. Both units showcase updated interiors with newer laminate flooring, tile kitchens, and remodeled bathrooms, blending modern comfort with low-maintenance living. With its sheer size, functionality, and prime location, this duplex provides impressive rental potential along with room for future upside. The property also includes a detached garage and a long driveway that provides abundant off-street parking. Gas and electric are separately metered for efficiency, and both units are tenant-occupied on month-to-month terms, giving maximum flexibility moving forward. Ideally located near dining, shopping, the beach, and freeway access, this property combines a prime Long Beach location with unmatched scale. Whether you are looking to expand your portfolio or take advantage of value-add opportunities, this unique duplex checks all the boxes.

Nearby schools

7/10
International Elementary School
Public,K-50.2mi
7/10
Stevenson Elementary School
Public,K-50.3mi
6/10
Chavez Elementary School
Public,K-50.4mi
5/10
Edison Elementary School
Public,K-50.7mi
7/10
Lincoln Elementary School
Public,K-50.7mi
7/10
Roosevelt Elementary School
Public,K-50.8mi
6/10
Franklin Classical Middle School
Public,6-80.6mi
6/10
Washington Middle School
Public,6-80.8mi
6/10
Polytechnic High School
Public,9-120.9mi
3/10
Cabrillo High School
Public,9-122.0mi

Price History

Date
Event
Price
04/15/99
Sold
$220,000
02/12/99
Sold
$120,000
04/02/04
Sold
$505,000
Condition Rating
Fair

Built in 1917, this property has undergone functional updates rather than extensive modern renovations. The kitchen, with its light wood cabinets, green countertops, and white tile flooring, appears dated, likely updated 15-25 years ago. While the bathrooms feature more contemporary elements like subway tile and hex floors, they are basic. The property is maintained and livable, but major components, particularly the kitchen, show signs of being outdated, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Exceptional Unit Configuration: This duplex offers a rare and highly desirable layout with two expansive 4-bedroom, 2-bathroom units, providing significant living space and versatility for tenants or multi-generational living.
Prime Urban Location: Strategically located in Long Beach's East Village, the property boasts excellent proximity to dining, shopping, the beach, and major freeway access, enhancing its appeal and rental demand.
Strong Rental Income & Operational Efficiency: Currently tenant-occupied on flexible month-to-month leases with separately metered gas and electric, ensuring immediate income generation and efficient management for the owner.
Modernized Interiors: Both units feature updated interiors, including newer laminate flooring, tile kitchens, and remodeled bathrooms, offering modern comfort and reducing immediate capital expenditure for a new owner.
Abundant Off-Street Parking: The property includes a detached garage and a long driveway, providing valuable and ample off-street parking, a significant advantage in a dense urban environment.

Cons

Limited Outdoor Space: With a lot size of only 2351 sqft relative to the 2304 sqft of living space, the property offers minimal private outdoor area, which may be a drawback for some tenants or owners.
Age of Structure: Built in 1917, the property's age, despite interior updates, suggests potential for underlying infrastructure issues (e.g., plumbing, electrical, foundation) that may require future investment.
Recent Price Adjustment: A recent price reduction from $995,000 to $969,000 could indicate initial overpricing or a slower market response, potentially affecting perceived value or negotiation leverage.

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