
Long Beach, California 90805
This property presents a High-Potential Investment Opportunity with a List Price of $855,000—positioned well below the $810,509 Fair Market Value by -5%. While the property requires a full interior rehab given its Condition Rating of 5, the Detached Multi-Unit Configuration offers significant upside. The potential to convert garages into ADUs provides a clear path to increase unit density and maximize rental income. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage rental income to offset mortgage costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6500 Johnson Subject | $855,000* List Price | 0 | 0 | 1,888 | $476 | - |
A 2901 E 65th Active | $869,999 List Price | 7 | 3 | 2,306 | $377 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1950 (74 years old) and the listing lacks any mention of recent renovations to kitchens, bathrooms, or major systems like HVAC and electric. Given the age and the visible wear on the roof and exterior in the provided image, the property likely requires a full interior rehab and significant system updates to meet modern safety and functional standards.
Featuring two completely separate residential structures on a single lot, this property offers rare privacy and independence for occupants compared to traditional attached duplexes.
The property includes garages with the potential for ADU conversion, offering a clear path to increase the unit count to 3 or 4 and maximize rental income.
The layout is perfectly suited for either a pure investment play or an owner-occupant looking to offset their mortgage by living in one unit while renting out the other.
Built in 1950, the property may require capital expenditures for modernizing systems or structural updates typical of homes from this era.
Several local schools, including the nearby high school and elementary school, carry lower performance ratings, which may impact appeal for families prioritizing education.
Located at 6500 Johnson Avenue, this exceptional multi-unit property offers a rare combination of privacy and convenience in a highly sought-after North Long Beach neighborhood. Featuring two completely separate residential structures on a single lot, the property presents a layout that functions like two independent homes. This configuration is ideal for investors looking to expand their portfolio with high-demand units, or for an owner-occupant looking to live in one structure while generating rental income from the other. Potential to ADU on the garages making it a potential 3-4 unit.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades 4-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,888 | 2,100 |
| Lot Size | 6,053 | 5,077.5 |
| Price | $855.0K | $1.14M |
| Price per sq ft | $453 | $519 |
| Built year | 1950 | 1950 |
| HOA | $0 | $0 |
| Days on market | 44 | 68 |
Jun 8, 2026
$855,000
Initial Listing