732 Saint Louis Avenue, Long Beach, California 90804, Long Beach, 90804 - 0 bed, 0 bath
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Long Beach, California 90804
This Character-Rich Craftsman Quadruplex is a High-Potential Investment Opportunity, listed at $1,495,000—positioned well below the $1,684,187 Fair Market Value by 11%. This valuation gap offers $189,187 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 2, the property features a renovated, vacant 3-bedroom front house, ADU potential, and a rare 9 parking spaces. Located near the top-rated Fremont Elementary School (9/10), it balances historic charm with modern rental yields. This is an elite acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-end house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 732 Saint Louis Avenue Subject | $1,495,000* List Price | 0 | 0 | 3,133 | $538 | - |
A 2122 E 10th Street Active | $1,599,999 List Price | 0 | 0 | 3,658 | $437 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1922, the property has undergone extensive recent renovations. The interior features a modern kitchen with updated grey cabinetry, subway tile backsplashes, and stainless steel appliances. The home also boasts new laminate flooring, fresh carpet in bedrooms, modern ceiling fans, and a recently repainted exterior, meeting the criteria for a fully renovated property with no visible deferred maintenance.
Elementary School: Fremont Elementary School (9/10).
The vacant three-bedroom front house offers a rare opportunity for an owner-occupant to live in a character-rich Craftsman home while offsetting the mortgage with rental income from three additional units and exploring ADU potential.
On an oversized 8,463 sqft lot, the property provides a total of nine parking spaces (four garages plus five surface spots) and large storage rooms, addressing the most significant pain point in high-density Long Beach neighborhoods.
As a 1922 structure, the property likely requires specialized upkeep for its original wood features and potentially aging infrastructure systems, which can lead to higher long-term maintenance costs compared to modern builds.
The configuration of units—including one located directly above the rear of the main house and another above the garages—may lead to noise transfer issues and reduced privacy for the primary residence.
This distinctive four-unit property (ADU potential) in Long Beach’s sought-after Rose Park neighborhood blends timeless Craftsman character with excellent investment potential. The front house, currently vacant and perfect for an owner-occupant, is a spacious three-bedroom, two-bath home showcasing original wood floors, built-ins, and a large, covered porch framed by classic columns. A private fenced yard enhances its appeal, making it an inviting home for someone who wants to live on-site while generating rental income from the other units.**** Behind the main house is a one-bedroom home with its own backyard, deck, and front porch. Two additional one-bedroom units complete the property, one located above the garages and the other above the rear of the front house, each offering natural light and functional layouts. The oversized lot is thoughtfully designed with an electronic gated entry, four garages, five additional parking spaces, large storage rooms, and a shared laundry room. Recent exterior painting, including the front house, provides refreshed curb appeal.**** Positioned in Central Long Beach, this property offers easy access to everyday conveniences with neighborhood parks such as Rose Park, Carroll Park, and Bixby Park just minutes away. Local favorites along Retro Row, including coffee shops, boutiques, and restaurants, are close by, as well as Downtown Long Beach and the shoreline.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.7 mi
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 | 3,133 | 1,972 | 86% |
| Lot Size | 8,463 | 6,254 | 95% |
| Price | $1.50M | $1.05M | 90% |
| Price per sq ft | $477 | $529 | 29% |
| Built year | 1922 | 1924 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 80 | 189 | 19% |
Feb 1, 2026
$1,495,000
Initial Listing