828 Maine, Long Beach, California 90813, Long Beach, 90813 - 0 bed, 0 bath
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Long Beach, California 90813
This Historical Triplex Compound is a High-Potential Investment Opportunity, listed at $999,500—positioned well below the $1,145,271 Fair Market Value by 12%. This valuation gap delivers $145,771 in Instant Equity for the buyer. Maintaining a Condition Rating of 3, the property features three detached residences on a single lot with a private patio. One vacant unit provides immediate rental upside or a move-in ready option in the historic Willmore District near Downtown. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 828 Maine Subject | $999,500* List Price | 0 | 0 | 2,649 | $432 | - |
A 1364 Cherry Sold | $970,000 | 0 | 0 | 2,544 | $381 | 0.5 mi |
B 816 Cherry Sold | $1,175,000 | 0 | 0 | 2,600 | $452 | 0.5 mi |
C 717 E 8th Sold | $1,020,125 | 0 | 0 | 3,432 | $297 | 1.0 mi |
D 1070 N Loma Vista Drive Active | $1,147,800 List Price | 0 | 0 | 2,644 | $434 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1914, the property is well-maintained and move-in ready. Interior photos of the vacant unit show significant updates including modern laminate flooring, updated shaker-style kitchen cabinets with stone countertops, and refreshed bathrooms. The exterior and systems appear functional and well-kept, meeting the criteria for a property that has undergone partial renovation and regular upkeep.
The property features three separate detached homes on a single expansive lot, providing a rare compound-like feel that offers superior privacy and appeal for tenants compared to traditional attached units.
Situated in the historic Willmore District just blocks from Downtown Long Beach, the property benefits from high rental demand and the unique architectural character of a designated historical neighborhood.
With one of the rear 2-bedroom units currently vacant, an investor has the immediate opportunity to set market-rate rent or owner-occupy the unit while the other two homes provide steady cash flow.
Built in 1914, the property may require significant ongoing maintenance or specialized upgrades to comply with historical district preservation standards, potentially increasing capital expenditures.
Two of the three units are currently occupied, which limits immediate access for full inspections and may require the buyer to manage existing lease terms that could be below current market value.
Our office is proud to present this beautiful Triplex located in Long Beach's historical Wilmore District! This property features 3 separate homes on an expansive lot resembling a compound. The 3 bed/ 2ba Front house is currently rented. There are two 2 bed/1ba homes to the rear of the property. One unit is vacant and the other is occupied (Please do not disturb the Tenants). Only a few blocks away from Downtown Long Beach.
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 | 2,649 | 2,544 | 60% |
| Lot Size | 7,560 | 6,559 | 80% |
| Price | $999.5K | $999.5K | 50% |
| Price per sq ft | $377 | $381 | 47% |
| Built year | 1914 | 1922 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 164 | 7% |
Mar 4, 2026
$999,500
Initial Listing
Dec 21, 2000
$186,500
Public Record