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822 E 10th St. Street E, Long Beach, California 90813, Long Beach, 90813 - bed, bath

822 E 10th St. Street E, Long Beach, California 90813 home-pic-0
ACTIVE$1,200,000
822 E 10th St. Street E, Long Beach, California 90813
0Bed
0Bath
2,706Sqft
4,487Lot
Year Built
1920
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$443
HOA
-
Days on market
-
Sold On
-
MLS number
SB25242249
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.20M(92th), sqft - 2706(69th), beds - undefined(50th), baths - undefined(50th).

This 4-plex contains two upper two bedrooms with their own staircases and two lower one bedrooms. All unit floors are entirely tiled, except unit 822, which has a new carpet in its bedroom. Each unit has a long storage closet. There are 3 separate garages with additional parking space in front of each. This area is separate from the 4-plex and could be made into an ADU or another 4-plex. The adjacent building to this property is finishing an ADU conversion. The property requires no lawn maintenance, as it has artificial turf. Only the water and sewage is included in the rent. The garage has electricity paid by one of the renters of it. Unit 822 is a Section 8 that has been there over 15 years. The city inspected the property this year.

Price History

Date
Event
Price
10/27/25
Listing
$1,200,000
11/13/09
Sold
$390,000
07/05/05
Sold
$755,000
04/30/04
Sold
$620,000
05/10/02
Sold
$270,000
Condition Rating
Fair
Built in 1920, this property is over a century old. While it appears maintained and recently passed a city inspection, the kitchens feature dated tile countertops and older wood cabinets, and the bathrooms are basic and functional but not modern. Some flooring has been updated to wood-look tile, and one bedroom has new carpet, indicating piecemeal updates. The overall condition suggests a renovation occurred 15-30 years ago, making it functional but requiring significant modernization to meet current aesthetic and quality standards.
Pros & Cons

Pros

Income-Generating Quadruplex: The property is a 4-plex with a diverse unit mix (two 2-bedroom and two 1-bedroom units), providing multiple streams of rental income.
Significant ADU/Expansion Potential: A separate area with three garages and additional parking offers a strong opportunity for ADU conversion or further development, enhancing future value, supported by adjacent property conversions.
Low Maintenance Exterior: The use of artificial turf eliminates the need for lawn maintenance, reducing ongoing operating costs and effort for the owner.
Ample Parking & Storage: Tenants benefit from three separate garages with additional parking spaces, along with long storage closets in each unit, adding significant value and convenience.
Stable Tenancy & Compliance: One unit has a long-term (15+ years) Section 8 tenant, offering stable income, and the property underwent a city inspection this year, indicating current compliance.

Cons

Age of Property: Built in 1920, the property is over a century old, which may necessitate significant capital expenditures for system updates (e.g., plumbing, electrical) and general deferred maintenance.
Owner-Paid Utilities: The owner is responsible for water and sewage costs for all units, which directly impacts the net operating income and increases ongoing operational expenses.
Potential for Outdated Systems: Given its age, the property likely has original or older systems and finishes, potentially requiring substantial investment for modernization to attract higher-paying tenants or reduce future repair costs.

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