Income Producing Duplex + Additional Unit Owner-User Opportunity Renovated Perfect 1031 Exchange Opportunity Located at 1347 Atlantic Ave in Long Beach, this income-producing property offers multiple units and flexible living options on a 7,000+ sq ft lot, ideal for investors or owner-users looking to offset their mortgage. The front home is a revived single-story Craftsman, offering over 1,700 sq ft with 3 bedrooms and 2 bathrooms, blending modern upgrades with preserved classic character. The home has been taken down to the studs and fully renovated, featuring a massive open-concept kitchen with large countertop seating, updated finishes, and seamless flow into the main living areas-ideal for everyday living and entertaining. Interior improvements include designer lighting, updated plumbing fixtures, mirrors, vinyl windows, full HVAC system, full electrical re-wire with new panel, and new water heater. The primary suite offers generous space with an en-suite bath, creating a comfortable private retreat. The rear unit is a studio apartment, and the property also includes a third income-producing unit (inquire for details), providing additional rental potential and flexibility for extended occupancy or supplemental income. Exterior features include a large covered front patio resurfaced with stone, turf front yard, large rear backyard, fresh landscaping, and expansive driveway space with parking for multiple vehicles, including a 5-car driveway for the front home and separate 2-car driveway for the rear unit. A rare opportunity to own a fully renovated, multi-unit property with strong income potential, flexible living options, and extensive upgrades already completed.
| MLS # | OC26083839 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1912 |
| Days On Site | 200 |
| Listing Provided By | BayBrook Realty | Frank Magdaleno |
| SQ Feet | 2,085 |
|---|---|
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 2 |
| Acreage | 0.16 |
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Open Floorplan, Quartz Counters, Recessed Lighting, All Bedrooms Down, Bedroom On Main Level, Main Level Primary, Primary Suite, Utility Room |
| Window Features | Double Pane Windows |
| Appliances | Dishwasher, Disposal, Gas Oven, Gas Range, Refrigerator, Range Hood, Water Heater |
| Fireplace Yes / No | No |
| Security Features | Carbon Monoxide Detectors, Smoke Detectors |
|---|---|
| Lot Features | Back Yard, Front Yard, Lawn, Landscaped, Level, Near Public Transit, Yard |
| Fencing | Excellent Condition, Vinyl |
| Parking Features | Driveway |
|---|---|
| Garage Yes / No | No |
| Sewer | Public Sewer |
|---|
| Community Features | Curbs, Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90813 |
| Area | 9 Poly High |
| Community Name | Poly High (PH) |
| Listing VS Median (in Poly High (PH)) | |
Price: $999,000 low | high Med: $754,000 sqft: 2,085 low | high Med: 2,338 $ / sqft: $479 low | high Med: $323 On site: 200 low | high Med: 213.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90813 |
| Area | 9 Poly High |
| Community Name | Poly High (PH) |
| Listing VS Median (in Poly High (PH)) | |
Price: $999,000 low | high Med: $754,000 sqft: 2,085 low | high Med: 2,338 $ / sqft: $479 low | high Med: $323 On site: 200 low | high Med: 213.5 | |