1600 Park Avenue 2, Long Beach, California 90815, Long Beach, 90815 - bed, bath

1600 Park Avenue 2, Long Beach, California 90815 home-pic-0
ACTIVE$1,699,999
1600 Park Avenue 2, Long Beach, California 90815
0Bed
0Bath
2Sqft
8,761Lot
Year Built
1950
Close
-
List price
$1.7M
Original List price
$1.7M
Price/Sqft
$850,000
HOA
-
Days on market
-
Sold On
-
MLS number
RS25103243
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $1.70M(67th), sqft - 2(17th), beds - undefined(50th), baths - undefined(50th).

Elegant Remodeled Duplex in Prime Long Beach – Development Opportunity with Coastal Lifestyle Step into luxury coastal living with this beautifully remodeled detached duplex, ideally situated in one of Long Beach’s most desirable neighborhoods. Offering 5 spacious bedrooms and 3 designer-appointed bathrooms, this property seamlessly blends classic California charm with modern elegance. Set on a rare and expansive 8,500+ sq ft lot, this exceptional offering boasts zoning for 6+ units and ample space to add two additional ADUs, presenting an unparalleled investment and development opportunity. Making it ideal for investors, multi-generational living, or homeowners looking to maximize rental income.Whether you envision a private estate, luxury income property, or multi-unit expansion, the potential is truly limitless. Located just moments from Cal State Long Beach, award-winning restaurants, boutique shopping, the oceanfront, and major public transportation, this residence is perfectly positioned for effortless city and coastal living. Enjoy a vibrant, bike-friendly community, all while tucked away in a serene residential enclave. This is more than just a property — it's a lifestyle investment in the heart of Long Beach.

Condition Rating
Good

The property, built in 1950, is described as 'beautifully remodeled' with 'modern elegance,' which is supported by the visible interior images. The bathrooms feature updated vanities, clean tiling, and modern fixtures, appearing move-in ready. Bedrooms show a mix of well-maintained hardwood and clean carpet flooring, neutral paint, and modern ceiling fans. While the kitchen images are not provided, assuming it aligns with the described and visible updates, the overall condition is good, requiring no immediate renovations. The age of the original structure is offset by the extensive remodeling.
Pros & Cons

Pros

Development Potential: The expansive 8,500+ sq ft lot is zoned for 6+ units and allows for two additional ADUs, presenting a significant investment and development opportunity.
Prime Location & Accessibility: Ideally situated in a desirable Long Beach neighborhood, moments from Cal State Long Beach, dining, shopping, the oceanfront, and major public transportation.
Remodeled & Modernized Duplex: The detached duplex has been beautifully remodeled with 5 spacious bedrooms and 3 designer-appointed bathrooms, blending classic charm with modern elegance.
Versatile Investment/Living Options: The property is ideal for investors, multi-generational living, or homeowners seeking to maximize rental income, with potential for a private estate, luxury income property, or multi-unit expansion.
Large Lot Size: A rare and expansive 8,500+ sq ft lot provides ample space for current use and future development, enhancing its value and potential.

Cons

Age of Original Structure: Built in 1950, the property's underlying structure is over 70 years old, which may entail ongoing maintenance or unforeseen issues despite recent remodels.
Limited Premium View: The property offers a 'Neighborhood' view, suggesting it lacks the more desirable ocean or city skyline views that some buyers might seek in a prime coastal city location.
Significant Investment for Full Development: While offering substantial development potential, realizing the full scope (6+ units + ADUs) requires considerable additional capital investment, complex permitting, and construction management, which may not suit all buyers.

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