
Long Beach, California 90805
This Strategic Residential Income Duplex is a High-Potential Investment Opportunity listed at $735,000—positioned well below the $762,853 Fair Market Value by 3%. This valuation gap offers $27,853 in Instant Equity for buyers. Despite a Condition Rating of 4, the asset provides private one-car garages and dedicated laundry for each unit. Located in the Elevate '28 infrastructure corridor, the property promises strong rental demand and long-term appreciation. It is a premier choice for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility house-hack.
Property is moderate renovation needed.
Built in 1953, this duplex is functional but dated. The kitchen and bathroom show signs of age exceeding 20 years with older cabinetry and fixtures. While the description mentions updated flooring in the kitchen, the original hardwood in the living area appears worn, and the presence of a wall heater indicates an older HVAC system.
The duplex configuration with the front unit delivered vacant offers an ideal opportunity for 'house hacking' owner-occupants to offset their mortgage or for investors to immediately capture market rents.
Unlike many multi-family properties, each unit features its own private one-car garage and dedicated laundry space, significantly increasing tenant retention and property value.
Positioned within the $1B+ Elevate '28 infrastructure plan corridor, the property stands to benefit from substantial neighborhood revitalization and long-term capital appreciation.
The larger rear unit is currently tenant-occupied, which may limit immediate access for owner-occupants or delay an investor's ability to renovate and achieve full market rent.
Built in 1953, the property may require future capital expenditures for aging systems or structural updates typical of mid-century stucco constructions.
A well-maintained duplex in North Long Beach offering flexibility for investors and owner-occupants alike. The front unit (6821) is a 1-bed/1-bath unit and will be delivered vacant at close. The rear unit (6819) is a 2-bed/1-bath unit and is currently tenant-occupied. Each unit has its own private one-car garage accessed from the alley and a dedicated laundry space. No shared parking. The front unit features a living room measuring 15'0" x 15'5", original hardwood floors in the living areas, and a bright kitchen with updated flooring. For the owner-occupant, live in the larger rear unit and rent the front to offset your mortgage. For the investor, market rents support approximately $2,695/month on the 2-bed and $1,672/month on the 1-bed. Built in 1953 on an approximately 4,111 sq ft lot with a stucco exterior and mature landscaping. The property sits within a corridor targeted by the city's $1B+ Elevate '28 infrastructure plan, with active residential construction and nearby commercial revitalization. Convenient access to schools, shopping, dining, and the 710 and 91 freeways. Photos show the front 1-bed/1-bath unit. The rear unit is available for showing by appointment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,455 | 1,700 | 40% |
| Lot Size | 4,111 | 5,122 | 24% |
| Price | $735.0K | $835.0K | 32% |
| Price per sq ft | $505 | $516 | 48% |
| Built year | 1953 | 1948 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 210 | 4% |
Apr 17, 2026
$735,000
Initial Listing
Feb 25, 2003
$205,000
Public Record
Jan 10, 2001
$166,000
Public Record