RealKey
‪(213) 433-7766‬

1366 Saint Louis Ave, Long Beach, California 90804, Long Beach, 90804 - 3 bed, 2 bath

1366 Saint Louis Ave, Long Beach, California 90804 home-pic-0
ACTIVE$909,000
1366 Saint Louis Ave, Long Beach, California 90804
3Beds
2Baths
1,067Sqft
6,499Lot
Year Built
1922
Close
-
List price
$909K
Original List price
$909K
Price/Sqft
$852
HOA
-
Days on market
-
Sold On
-
MLS number
PW25086718
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 28% below the list price. We found 3 Cons,6 Pros. Rank: price - $909.0K(70th), sqft - 1067(50th), beds - 3(57th), baths - 2(50th).

TTurnkey Airbnb + City-Approved Second Home Plans – Prime Long Beach Investment! Looking for the right investment? This fully furnished, income-producing property in the heart of Long Beach is a rare gem. Currently operating as a successful Airbnb, the home comes with city-approved plans for a second detached residence, giving you the opportunity to build and expand your income stream in one of Southern California’s most desirable markets. Zoned R2N (Two-Family Residential), the lot allows for two single-family homes, offering flexibility to live in one, rent the other, or fully leverage both as rentals. The main house blends modern upgrades with classic Craftsman charm, featuring an open floor plan, luxury vinyl flooring, premium appliances, and stylish bathrooms. With a spacious primary suite and two additional bedrooms, it's move-in ready for you or your guests. Even better, the location is unbeatable — minutes from Pacific Coast Highway, Long Beach Airport, Cal State Long Beach, and top attractions like The Queen Mary and Aquarium of the Pacific. Plus, included are city-approved plans for a 1,640 sq. ft., 4-bedroom, 4-bath second home with alley access. Whether you're an investor, Airbnb host, or visionary buyer, this property delivers immediate cash flow and long-term growth potential.

Nearby schools

7/10
Lee Elementary School
Public,•K-5•0.5mi
4/10
Whittier Elementary School
Public,•K-5•0.5mi
7/10
Lincoln Elementary School
Public,•K-5•0.7mi
5/10
Willard Elementary School
Public,•K-5•0.7mi
6/10
Burbank Elementary School
Public,•K-5•0.8mi
6/10
Bryant Elementary School
Public,•K-5•1.2mi
9/10
Fremont Elementary School
Public,•K-5•1.4mi
6/10
Franklin Classical Middle School
Public,•6-8•1.0mi
7/10
Jefferson Leadership Academies School
Public,•6-8•1.1mi
6/10
Polytechnic High School
Public,•9-12•1.1mi
6/10
Wilson High School
Public,•9-12•1.5mi

Price History

Date
Event
Price
07/19/23
Sold
$845,000
02/15/23
Sold
$595,000
Condition Rating
Excellent
Despite being built in 1922, this property has undergone a comprehensive and recent renovation, evident from the 'modern upgrades,' 'luxury vinyl flooring,' 'premium appliances,' and 'stylish bathrooms' mentioned in the description, which are strongly supported by the images. The kitchen features modern white shaker cabinets, white countertops, and stainless steel appliances, all appearing new. The bathrooms are equally impressive with contemporary vanities, gold fixtures, and stylish subway tile showers with glass enclosures. The entire living space boasts new luxury vinyl plank flooring and recessed lighting, indicating a 'turnkey' and 'move-in ready' condition with virtually new components and no visible deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Fremont Elementary School (9/10).
Immediate Income Generation: The property is a fully furnished, currently successful Airbnb, providing instant cash flow for investors.
Significant Development Potential: City-approved plans for a 1,640 sq. ft., 4-bed, 4-bath second detached residence with alley access, maximizing the R2N zoning and future value.
Strategic Location: Unbeatable proximity to major Long Beach attractions, transportation arteries (PCH, Long Beach Airport), and Cal State Long Beach, enhancing rental demand and appreciation.
Turnkey & Modernized Main Residence: The existing home is move-in ready, fully furnished, and boasts modern upgrades (luxury vinyl flooring, premium appliances, stylish bathrooms) while preserving its classic Craftsman appeal.
Flexible Investment Strategy: The R2N zoning and approved second home plans offer diverse options, including owner-occupancy with rental income, or full dual-rental operation, appealing to various investor profiles.

Cons

Valuation Discrepancy: The current listing price ($909,000) significantly exceeds the automated property estimation ($652,266), suggesting a potential overvaluation or that the estimation doesn't fully capture the value of the approved development plans and existing Airbnb business.
Main House Size: The primary residence is relatively compact at 1067 sqft, which might be a limiting factor for buyers seeking a larger personal living space.
Age-Related Maintenance: As a 1922-built home, despite modern upgrades, there's a higher likelihood of encountering age-related maintenance issues or systems that may require future attention.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state