Charming 1923 duplex in North Long Beach perfect for owner-occupants or savvy investors! Two spacious 2BD/1.5BA units (1,931 sqft total, 2,843 sqft lot). Move right into the VACANT unit and let your tenant's rent help cover the mortgage, or lease both units for a projected ~6.3% cap rate, 11.7x GRM and ~$52,900/yr NOI. Separate gas/electric meters per unit; owner pays water. 2-car attached garage, one space per unit. No need to wait on a tenant to vacate move-in ready now. Priced below nearby comps in a strong rental pocket near the 405/710 corridor. A rare dual-purpose opportunity!
| MLS # | PV26022697 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1923 |
| Days On Site | 209 |
| Listing Provided By | Keller Williams Palos Verdes | Janet Chen |
| SQ Feet | 1,931 |
|---|---|
| Garage | 2 |
| Story(s) | 2 |
| Units | 2 |
| Building(s) | 1 |
| Acreage | 0.07 |
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Fireplace Yes / No | No |
| Lot Features | Zero To One Unit Acre |
|---|
| Parking Features | Garage Faces Front |
|---|---|
| Garage Yes / No | Yes |
| Utilities | Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Community Features | Sidewalks, Urban |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90806 |
| Area | 9 Poly High |
| Community Name | North Long Beach (NLB) |
| Listing VS Median (in North Long Beach (NLB)) | |
Price: $840,000 low | high Med: $1,272,944 sqft: 1,931 low | high Med: 2,848 $ / sqft: $435 low | high Med: $468 On site: 209 low | high Med: 119 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90806 |
| Area | 9 Poly High |
| Community Name | North Long Beach (NLB) |
| Listing VS Median (in North Long Beach (NLB)) | |
Price: $840,000 low | high Med: $1,272,944 sqft: 1,931 low | high Med: 2,848 $ / sqft: $435 low | high Med: $468 On site: 209 low | high Med: 119 | |