1567 1567 Elm, Long Beach, California 90813, Long Beach, 90813 - bed, bath
ACTIVE$875,000
1567 1567 Elm, Long Beach, California 90813
0Bed
0Bath
2Sqft
7,658Lot
Year Built
1910
Close
-
List price
$875K
Original List price
$875K
Price/Sqft
$437,500
HOA
-
Days on market
-
Sold On
-
MLS number
PW25233360
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $875.0K(62th), sqft - 2(8th), beds - undefined(50th), baths - undefined(50th).
Great Fixer-Upper Investment Opportunity in Long Beach! Two detached units. The first unit is 3 bedrooms, 2 baths. The second unit is a 2 bedrooms, 1 bath. Living space 2,070 Sq. Ft., Lot size 7,658 Sq. Ft.. Near the A Line/L.A. Metro Rail System (fka the Gold Line), shops, restaurants and easy access to freeways.
Price History
Date
Event
Price
10/19/25
Listing
$875,000
Condition Rating
Poor
Built in 1910, this property is explicitly marketed as a 'Great Fixer-Upper Investment Opportunity,' indicating a need for substantial repairs and rehabilitation. The property analysis highlights 'Advanced Age & Condition' and 'Substantial Capital Investment Required' for 'extensive and costly renovations, including potential updates to plumbing, electrical, and structural systems.' There's also a 'Lack of Modern Amenities/Features,' suggesting kitchens and bathrooms are severely outdated and require complete overhauls. The exterior image shows an older home with signs of deferred maintenance (e.g., dry lawn, worn porch steps), reinforcing the need for significant investment to bring it to a habitable and modern standard.
Pros & Cons
Pros
Income-Generating Duplex: The property features two detached units, offering immediate rental income potential and flexibility for investors or owner-occupants to offset mortgage costs.
Significant Value-Add Opportunity: Explicitly marketed as a 'Great Fixer-Upper Investment Opportunity,' indicating substantial potential for value appreciation and equity growth post-renovation.
Prime Long Beach Location: Strategically located near the A Line/L.A. Metro Rail System, shops, restaurants, and freeways, enhancing tenant desirability and long-term property value.
Generous Lot Size: A substantial 7,658 Sq. Ft. lot provides ample outdoor space, potential for landscaping, or future expansion, a valuable asset in an urban environment.
Detached Units: The presence of two detached units offers superior privacy and appeal compared to attached multi-family properties, potentially commanding higher rents and attracting quality tenants.
Cons
Advanced Age & Condition: Built in 1910, the property is likely to require extensive and costly renovations, including potential updates to plumbing, electrical, and structural systems to meet modern standards.
Substantial Capital Investment Required: As a 'Fixer-Upper,' the property demands significant upfront financial commitment and time for renovations, which may deter buyers seeking move-in ready or low-maintenance properties.
Lack of Modern Amenities/Features: The description does not highlight any modern upgrades or desirable features, suggesting the property may lack contemporary comforts and aesthetics, necessitating further investment to enhance market appeal.