UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,957 sqft
Price per Sqft $610
MLS Listing ID RS-26203086
Bedrooms 4
Full Baths 2
Three Quarter Bath 1
Year Built 1942
Lot Size 6,614 Sqft
Property Sub-Type Duplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Current rental amounts total approximately $6,200 per month, consisting of approximately $4,400 for the main residence and $1,800 for the ADU, or approximately $74,400 in annual gross rental income.
The main residence features an upgraded kitchen, central HVAC and ample on-site parking. The permitted studio ADU was completed in 2024 and makes excellent use of its approximately 420 SF footprint, offering a kitchenette, refrigerator, 3/4 bathroom, closet, sleeping area, sitting area and dedicated workspace. A barn door adds character to the bathroom entrance, while mini-split heating and air conditioning provides year-round comfort. The ADU also features private side access and a dedicated sewer connection directly to the street.
The property is further enhanced by an owned 25-panel, approximately 6.5 kW solar system, recent annual production of approximately 6,000 kWh, and electrical capability for EV charging. The expansive corner lot features approximately 12 palm trees—7 in the front and 5 in the rear—along with sprinkler systems, creating a distinctive Southern California setting with open exposure and refreshing breezes.
This versatile SFR + permitted ADU configuration offers multiple possibilities for continued rental income, future owner occupancy with supplemental ADU income, or multigenerational living, subject to existing agreements and applicable regulations. Conveniently located near shopping, dining, transportation and neighborhood amenities. Two addresses, separate entrances, private outdoor areas, solar power, EV capability and two distinct living spaces—all on one expansive Long Beach corner lot.
Location
State CA
County Los Angeles
Area 6 - Bixby, Bixby Knolls, Los Cerritos
Interior
Interior Features Beamed Ceilings, Ceiling Fan(s), Open Floorplan, Recessed Lighting, Wired for Data, Quartz Counters, Remodeled Kitchen
Heating Central
Cooling Central Air, See Remarks
Fireplaces Type None
Laundry Dryer Included, In Closet, In Kitchen, Washer Included
Exterior
Garage Spaces 2.0
Pool None
Community Features Curbs, Sidewalks, Street Lights, Urban
Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected
View Y/N No
View None
Building
Lot Description Sprinklers, Corner Lot, Level with Street, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear
Sewer Public Sewer
Nearby Locations
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John R Thompson
Broker/Owner License ID: 01200900
Broker/Owner License ID: 01200900