1028 E 10th, Long Beach, CA 90813

$974,555
3
BD
2
BA
1,200
SqFt

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List Price
$974,555
Status
ACTIVE
MLS#
DW26194178
Year Built
1909
Bedrooms
3
Bathrooms
2
Living Sq. Ft
1,200
Lot Size
7,529
Acres
0.17
Lot Location
Back Yard, Level, Yard
Days on Market
3
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
One Level
Neighborhood
Alamitos Beach (Ab)

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.

Additional Information

Land Lease
Yes
Appliances
Disposal, Gas Range, Refrigerator, Tankless Water Heater
Pool Description
None
Fireplace Description
Living Room
Heat
Fireplace(s)
Cooling
Yes
Cooling Description
See Remarks
View
None
Exterior Construction
Stucco
Roof
Composition
Sewer
Public Sewer
Water
Private
School District
Long Beach Unified
Interior Features
Ceiling Fan(s), Separate/Formal Dining Room, Open Floorplan, Quartz Counters, All Bedrooms Down
Attached Structure
Attached
Number Of Units Total
1

Listing courtesy of Listing Agent: Miguel Palos (myrealtormiguel@gmail.com) from Listing Office: Ontrak Real Estate.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.