253 E Louise, Long Beach, California 90805, Long Beach, 90805 - bed, bath
ACTIVE$650,000
253 E Louise, Long Beach, California 90805
0Bed
0Bath
399Sqft
3,090Lot
Year Built
1954
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$1,629
HOA
-
Days on market
-
Sold On
-
MLS number
SR25263792
Home ConditionPoor
Features
View-
About this home
We found 4 Cons,5 Pros. Rank: price - $650.0K(10th), sqft - 399(3th), beds - undefined(50th), baths - undefined(50th).
Welcome Investors to this charming Long Beach opportunity! Discover a delightful bungalow-style duplex just minutes from vibrant Bixby Knolls. Perfect for multi-family living or investment potential, this low-maintenance property offers endless flexibility live in one unit and rent out the other! Each unit features, a true 1 bedroom, 1 bathroom layout Its own garage, Cozy, classic Long Beach charm! Currently 1 unit is vacant 1 has a month to month tenant paying $1600 monthly. Photos coming Soon!!
Price History
Date
Event
Price
11/25/25
Listing
$650,000
10/06/21
Sold
$551,000
04/08/16
Sold
$305,000
05/22/09
Sold
$165,000
10/31/07
Sold
$470,000
05/24/07
Sold
$350,000
Condition Rating
Poor
Built in 1954, this property is 70 years old and shows clear signs of needing substantial updates. The heating system relies on outdated wall-mounted gas heaters, indicating a lack of central HVAC. The visible kitchen elements suggest dated countertops and cabinetry, with no modern appliances apparent. There are no images of the bathroom, which is often a red flag for an outdated space. While the walls appear freshly painted, the overall condition, including worn hardwood floors and older windows, points to a property that requires significant investment in major system replacements (HVAC, potentially electrical/plumbing) and full kitchen/bathroom renovations to meet modern standards. This aligns with the 'poor' classification, requiring substantial repairs and rehabilitation.
Pros & Cons
Pros
Income-Generating Duplex: This property is a true duplex, offering clear investment potential with one unit currently generating $1600/month and the other vacant for immediate owner-occupancy or market-rate rental.
Flexible Living Arrangement: The duplex structure provides the highly desirable option for an owner to live in one unit while renting out the other, significantly offsetting mortgage costs and offering a path to homeownership with income.
Desirable Location: Situated 'just minutes from vibrant Bixby Knolls' in Long Beach, the property benefits from proximity to amenities, entertainment, and a potentially strong rental market.
Individual Garages: Each unit features its own dedicated garage, a significant convenience and value-add for tenants and owners, especially in urban areas where parking can be a premium.
Low Maintenance Property: Explicitly described as 'low-maintenance,' this feature is attractive to both owner-occupants and investors looking to minimize ongoing operational costs and management effort.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 399, other record living area = 798.
Extremely Small Unit Size: The listed square footage of 399 sqft (likely per unit, making each unit very compact) is significantly below average for a 1-bedroom, potentially limiting the tenant pool or rental upside.
Age of Property & Potential for Updates: Built in 1954, the property is older, which could imply outdated systems, deferred maintenance, or the need for significant renovations to meet modern tenant expectations and command higher rents.
Incomplete Marketing Materials: The listing states 'Photos coming Soon!!', which is a significant drawback as potential buyers cannot fully assess the property's current condition or aesthetic appeal without visual evidence.