69 Glendora Avenue, Long Beach, California 90803, Long Beach, 90803 - bed, bath
ACTIVE$1,890,000
69 Glendora Avenue, Long Beach, California 90803
0Bed
0Bath
1,889Sqft
2,547Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: Elementary School: Naples Elementary School (10/10).
Top Cons:
Age and Potential for Deferred Maintenance: Built in 1954, the property likely has original systems and finishes that may require significant capital expenditure for updates or deferred maintenance, which is not detailed in the description.
Compared to the nearby listings
Price:$1.89M vs avg $1.84M (+$50,000)52%
Size:1,889 sqft vs avg 2,745 sqft18%
Price/sqft:$1.0K vs avg $73685%
More Insights
Built in 1954 (71 years old).
Condition: Built in 1954, the property's interior, particularly the kitchen and bathrooms, are significantly outdated. The kitchen features older painted cabinets, worn laminate countertops, and dated white appliances (refrigerator, gas range), along with linoleum flooring and basic lighting. The bathroom also shows an older vanity, basic fixtures, and older tiled surfaces. While the property appears clean and maintained, the style and features of these key areas suggest they have not undergone major renovations in 30-50 years, if at all, and would require substantial rehabilitation to meet current standards. The presence of wall heaters instead of central HVAC further indicates older systems. The property analysis also notes 'Age and Potential for Deferred Maintenance' and 'Unspecified Unit Condition' implying units 'may be dated and require modernization,' aligning with a 'poor' condition score.
Year Built
1954
Close
-
List price
$1.89M
Original List price
$1.89M
Price/Sqft
$1,001
HOA
-
Days on market
-
Sold On
-
MLS number
OC25017881
Home ConditionPoor
Features
Good View: Ocean
Patio
ViewOcean
About this home
Experience owning a pride of ownership investment property in one of the Premier and Vibrant Locations of Belmont Shore , mere steps to the Sand. This investment offers its residents the best of the Belmont Shore Experience with its exceptional recreation and lifestyle opportunities. From the popular dining spots and boutique shops along the 2nd street corridor, to the beautiful sunset walks along the World Famous Beaches of the Long Beach shore. This property also has upside potential with the possible conversion of the onsite 2 car garage to an ADU for additional increased value .
Nearby schools
10/10
Naples Elementary School
Public,•K-5•0.4mi
9/10
Lowell Elementary School
Public,•K-5•0.6mi
7/10
Rogers Middle School
Public,•6-8•0.8mi
6/10
Wilson High School
Public,•9-12•1.6mi
Condition Rating
Poor
Built in 1954, the property's interior, particularly the kitchen and bathrooms, are significantly outdated. The kitchen features older painted cabinets, worn laminate countertops, and dated white appliances (refrigerator, gas range), along with linoleum flooring and basic lighting. The bathroom also shows an older vanity, basic fixtures, and older tiled surfaces. While the property appears clean and maintained, the style and features of these key areas suggest they have not undergone major renovations in 30-50 years, if at all, and would require substantial rehabilitation to meet current standards. The presence of wall heaters instead of central HVAC further indicates older systems. The property analysis also notes 'Age and Potential for Deferred Maintenance' and 'Unspecified Unit Condition' implying units 'may be dated and require modernization,' aligning with a 'poor' condition score.
Pros & Cons
Pros
Great Schools: Elementary School: Naples Elementary School (10/10).
Prime Coastal Location: The property is situated in a premier and vibrant location in Belmont Shore, mere steps from the sand, offering exceptional recreation, lifestyle opportunities, and proximity to popular dining and boutique shops along 2nd Street.
Residential Income Property (Quadruplex): As a quadruplex, this property offers diversified income streams and strong investment potential, making it a valuable asset for an investor.
ADU Conversion Potential: The possibility of converting the onsite 2-car garage into an Accessory Dwelling Unit (ADU) presents significant upside for increased property value and additional rental income.
Ocean Proximity and View: Being 'mere steps to the Sand' and boasting an 'Ocean' view significantly enhances the property's desirability, tenant appeal, and long-term value.
Strong School District: The property benefits from proximity to highly-rated schools, including Naples Elementary (10/10) and Lowell Elementary (9/10), which is attractive to families.
Cons
Age and Potential for Deferred Maintenance: Built in 1954, the property likely has original systems and finishes that may require significant capital expenditure for updates or deferred maintenance, which is not detailed in the description.
Limited Lot Size for Quadruplex: With a lot size of 2,547 sqft for a four-unit property, there may be minimal private outdoor space for tenants, which could be a drawback for some renters.
Unspecified Unit Condition: The description focuses on location and investment potential but provides no details on the interior condition or recent renovations of the individual units, implying they may be dated and require modernization to maximize rental income.