1600 Junipero Avenue, Long Beach, California 90804, Long Beach, 90804 - bed, bath

1600 Junipero Avenue, Long Beach, California 90804 home-pic-0
ACTIVE UNDER CONTRACT$1,580,000
1600 Junipero Avenue, Long Beach, California 90804
0Bed
0Bath
4,266Sqft
7,043Lot
Year Built
1977
Close
-
List price
$1.58M
Original List price
$1.58M
Price/Sqft
$370
HOA
-
Days on market
-
Sold On
-
MLS number
SB25117441
Home ConditionFair
Features
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $1.58M(93th), sqft - 4266(87th), beds - undefined(50th), baths - undefined(50th).

1600 Junipero Avenue, a four-unit multifamily property located on the Eastside Long Beach / Signal Hill border. With an attractive unit mix of four (4) spacious three-bedroom, one-bath units—all featuring in-unit laundry—this offering appeals to both owner-users and investors alike. The property is fully occupied by long-term tenants on HACLB Section 8 vouchers, providing guaranteed, on-time rent payments and reliable cash flow. Offered below replacement cost, this is one of the most compelling 4-unit investment opportunities currently available in the city. Situated on a 7,043 SF lot, the property features 4,266 SF of rentable space and includes 8 uncovered parking spaces—providing each unit with two dedicated spots, a rare amenity for comparable properties. The oversized parking area also offers additional upside, with potential to add up to four (4) detached ADUs (buyer to verify). All units are separately metered for gas and electricity, have individual water heaters, and the layout is well-suited for implementing RUBS or utility bill-backs to further reduce landlord expenses.

Nearby schools

7/10
Lee Elementary School
Public,K-50.2mi
4/10
Whittier Elementary School
Public,K-50.5mi
5/10
Willard Elementary School
Public,K-50.7mi
7/10
Lincoln Elementary School
Public,K-50.9mi
6/10
Burbank Elementary School
Public,K-51.0mi
6/10
Bryant Elementary School
Public,K-51.1mi
9/10
Fremont Elementary School
Public,K-51.5mi
7/10
Jefferson Leadership Academies School
Public,6-81.1mi
6/10
Franklin Classical Middle School
Public,6-81.3mi
6/10
Polytechnic High School
Public,9-121.3mi
6/10
Wilson High School
Public,9-121.4mi

Price History

Date
Event
Price
05/27/25
Listing
$1,580,000
05/19/23
Sold
$1,290,000
Condition Rating
Fair

The property was built in 1977, making it 47 years old. While the exterior appears reasonably maintained and the property is fully occupied, suggesting basic functionality, there is no mention of recent major renovations. The listing explicitly notes the 'Age of Property & Potential for Capital Expenditures,' indicating that major systems and interior components, including kitchens and bathrooms (which are not pictured but are presumed to be original or significantly dated given the property's age), are outdated and will require future updates or repairs. It is functional but shows clear signs of age and outdated styles.
Pros & Cons

Pros

Great Schools: Elementary School: Fremont Elementary School (9/10).
Guaranteed Income & Occupancy: Fully occupied by long-term Section 8 tenants, ensuring reliable and on-time rent payments and stable cash flow.
Strong Unit Mix & Amenities: Features four spacious 3-bedroom, 1-bath units, each equipped with desirable in-unit laundry facilities.
Significant ADU Potential: The oversized lot and parking area offer substantial future income growth potential with the addition of up to four detached ADUs.
Reduced Landlord Expenses: Units are separately metered for gas and electricity, have individual water heaters, and support RUBS/utility bill-backs, minimizing operating costs.
Ample Dedicated Parking: Provides 8 uncovered parking spaces, ensuring two dedicated spots per unit, a rare and valuable amenity in this market.

Cons

Active Under Contract Status: The property is currently 'Active Under Contract,' limiting immediate availability for new prospective buyers.
Age of Property & Potential for Capital Expenditures: Built in 1977, the property is nearly 50 years old, which may indicate a need for future capital expenditures on major systems or general updates.
ADU Potential Requires Buyer Verification: While ADU potential is a significant upside, the 'buyer to verify' clause implies necessary due diligence, time, and investment to confirm and execute these additions.

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