Income-Generating Property with Two Permitted Homes on One Lot! Income Total: $5,050/month. Immediate rental income ($2,850/mo and $2,200/mo), long-term tenants. Newer Rear ADU built 2019 & Front home built 1941. ADU residence features a spacious 3-bedroom, 1.75-bathroom floor plan, HVAC, tile floors, composite or possible granite counters in Kitchen & Bathrooms, appx. 1,200 sq ft of modern living space. Front of lot is older independent, permitted 2 bedroom, 1 bathroom, Remodeled detached front house, appx 777 sq ft with private entrance, sep utilities, Kitchen Quartz type Counter top, Tile floors in Kitchen and Bath. Floor furnace. Hardwood floors in living room & bedrooms. Both have tankless water heaters, vinyl dual pane windows and copper pipe through out in both houses. Shed. Wood & Vinyl Fencing. Low maintenance. Perfect for a savvy investor looking for instant cash flow. Conveniently located near local amenities, 91 and 710 freeways and mass transit., California 1482 applies. Owner's photos were taken appx. in 2020.
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28 days
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194
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5
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Zillow last checked:
Listing updated:
Listed by:
Tom SwannerDRE #00799142562-531-7000,
Results Real Estate
Source: CRMLS,MLS#: PW26141156Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 2
Rooms
Room types: Bedroom, Living Room
Bedroom
Features: Bedroom on Main Level
Bathroom
Features: Bathtub
Kitchen
Features: Quartz Counters
Heating
Floor Furnace
Cooling
See Remarks
Appliances
Included: Tankless Water Heater
Laundry: In Kitchen, None
Features
Bedroom on Main Level
Flooring: Tile, Wood
Windows: Double Pane Windows
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls
Interior area
Total interior livable area: 777 sqft
Property
Parking
Parking features: Assigned, Driveway Level
Features
Levels: One
Stories: 1
Entry location: yes
Pool features: None
Has view: Yes
View description: None
Lot
Size: 4,579 Square Feet
Features: 0-1 Unit/Acre
Details
Additional structures: Two On A Lot
Parcel number: 7118019028
Special conditions: Standard
Construction
Type & style
Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence
Materials
Foundation: Raised
Roof: Composition
Condition
Building Permit,Updated/Remodeled
New construction: No
Year built: 1941
Utilities & green energy
Sewer: Sewer Tap Paid
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected
Community & HOA
Community
Features: Curbs
Subdivision: North Long Beach (Nlb)
Location
Region: Long Beach
Financial & listing details
Price per square foot: $1,281/sqft
Tax assessed value: $314,840
Annual tax amount: $4,520
Date on market: 6/29/2026
Cumulative days on market: 28 days
Listing terms: Cash,Cash to New Loan,Conventional,Cal Vet Loan,FHA,Fannie Mae,Freddie Mac,Submit,VA Loan
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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