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$974,555

Est. payment - /mo

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3 Beds

2 Baths

1,200 SqFt

Open Sat 11AM-3PM

1028 E 10th Long Beach, CA 90813

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Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

Open House

Sat Sep 12, 11:00am - 3:00pm

Sun Sep 13, 11:00am - 3:00pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $812

Subdivision Alamitos Beach (Ab)

MLS Listing ID DW26194178

Bedrooms 3

Full Baths 2

Construction Status Additions/Alterations,Updated/Remodeled

HOA Y/N No

Year Built 1909

Lot Size 7,527 Sqft

Lot Dimensions Assessor

Property Sub-Type Single Family Residence

Property Description

A rare opportunity combining turnkey living, rental income potential, and future development upside on an approximately 7,500 SF lot in Long Beach. The property features a beautifully remodeled 2-bedroom, 1-bath primary residence plus a newly completed, legal 1-bedroom, 1-bath attached ADU with its own completely separate entrance and no interior connection between the units.
The main residence has been extensively updated and offers an inviting open-concept living, dining and kitchen layout, updated kitchen and bath, newer flooring and finishes, and a functional bedroom arrangement that includes direct bathroom access from one bedroom. The separate ADU was thoughtfully designed to maximize its approximately 384 SF footprint and includes a full kitchen, full bath, dedicated laundry hookup, mini-split heating and air conditioning, and its own private exterior entrance. Refrigerators and ranges are included in both residences, and each unit has its own stackable laundry hookup.

Live in the primary residence and rent the ADU, occupy the ADU while leasing the larger home, or operate both as rentals - the property offers exceptional flexibility for an owner-occupant, multigenerational household, or investor.

Outside, the unusually deep lot provides a two-car carport plus extensive additional space for parking, vehicles, storage, outdoor use, or future development. The property is located within Long Beach's PD-30 Downtown Plan area and a designated Opportunity Zone. Importantly, the property previously received City approval for development of five condominium units, demonstrating its substantial redevelopment potential. Selling agent and buyer to independently verify current zoning, development standards, entitlements and Opportunity Zone benefits.

The ADU is awaiting final inspection, with final City sign-off to be completed prior to close of escrow. A unique combination of a move-in-ready home, independent second residence, abundant land and long-term development optionality.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBR4N

Rooms

Main Level Bedrooms 3

Interior

Interior Features Ceiling Fan(s), Separate/Formal Dining Room, Open Floorplan, Quartz Counters, All Bedrooms Down

Heating Fireplace(s)

Cooling See Remarks

Flooring Laminate

Fireplaces Type Living Room

Fireplace Yes

Appliance Disposal, Gas Range, Refrigerator, Tankless Water Heater

Laundry Laundry Closet, In Kitchen

Exterior

Parking Features Attached Carport, Concrete, Driveway, RV Access/Parking

Carport Spaces 2

Fence Chain Link, Wood, Wrought Iron

Pool None

Community Features Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Available

View Y/N No

View None

Roof Type Composition

Accessibility Parking

Porch None

Total Parking Spaces 2

Private Pool No

Building

Lot Description Back Yard, Level, Yard

Dwelling Type House

Faces North

Story 1

Entry Level One

Foundation Raised

Sewer Public Sewer

Water Private

Level or Stories One

New Construction No

Construction Status Additions/Alterations,Updated/Remodeled

Schools

School District Long Beach Unified

Others

Senior Community No

Tax ID 7274023007

Security Features Carbon Monoxide Detector(s),Smoke Detector(s),Window Bars

Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, Fannie Mae, Freddie Mac, Government Loan, Submit

Listing Terms Cash, Cash to New Loan, Conventional, FHA, Fannie Mae, Freddie Mac, Government Loan, Submit

Special Listing Condition Standard

Virtual Tour https://my.matterport.com/show/?m=bt2xBbE1fJA

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Listed by Miguel Palos Ontrak Real Estate 562-787-5626, DRE #01001495

NEARBY SCHOOL & BUSINESS

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