312 E Peace St, Long Beach, California 90805, Long Beach, 90805 - 3 bed, 3 bath

312 E Peace St, Long Beach, California 90805 home-pic-0
ACTIVE$799,000
312 E Peace St, Long Beach, California 90805
3Beds
3Baths
1,445Sqft
3,995Lot
Year Built
1948
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
$553
HOA
-
Days on market
-
Sold On
-
MLS number
PW25171386
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $799.0K(77th), sqft - 1445(80th), beds - 3(50th), baths - 3(94th).

Beautifully and thoughfully updated, this rare Long Beach property with a permitted ADU offers exceptional flexibility, income potential, and modern comfort! The front house features 2 spacious bedrooms, an additional flex space great for an office or nursery, and 2 bathrooms across two levels, while the detached rear unit is a 1-bedroom, 1-bath single-story studio—perfect for rental income, multi-generational living, or a private guest space. Both units have been thoughtfully renovated with luxury vinyl flooring, fresh paint inside and out, designer lighting, new ductless heating and cooling systems, and upgraded kitchens and bathrooms. The kitchens boast quartz countertops, shaker-style cabinets, and updated fixtures, while the bathrooms showcase stylish new tile showers and vanities. Additional details include a custom stair railing in the front unit and a private fenced yard between the homes. A long driveway provides ample off-street parking, leading to a detached 2-car garage. Each unit has its own entrance for added convenience. This turnkey property is close to local parks, shops, dining, major freeways, and just a short drive from the beach and walking distance to Bixby Knolls. Whether you’re an investor, owner-occupier, or multi-generational household, this fully permitted property is a rare find with strong rental potential and lasting value. Don’t miss your chance to own this versatile gem in the heart of Long Beach!!

Price History

Date
Event
Price
07/31/25
$799,000
03/01/23
Sold
$700,000
08/31/21
Sold
$500,000
09/21/05
Sold
$440,000
06/09/05
Sold
$377,500
01/23/03
Sold
$199,000
Condition Rating
Excellent

Despite being built in 1948, this property has undergone a comprehensive and thoughtful renovation, as explicitly stated in the description and visually confirmed by the images. Both the main house and the ADU feature new luxury vinyl flooring, fresh paint, designer lighting, and new ductless heating and cooling systems. The kitchens boast modern shaker-style cabinets, quartz countertops, and updated fixtures, with stainless steel appliances visible in the main kitchen. Bathrooms showcase stylish new tile showers and vanities. The overall aesthetic is contemporary and pristine, indicating that all components are virtually new and meet current quality standards, with no deferred maintenance. The property is move-in ready and presents as a fully updated home.
Pros & Cons

Pros

Permitted ADU & Income Potential: The property includes a fully permitted Accessory Dwelling Unit (ADU), offering exceptional flexibility for rental income, multi-generational living, or a private guest space, significantly enhancing its value and appeal.
Extensive Modern Renovation: Both the main house and ADU have been thoughtfully renovated with luxury vinyl flooring, fresh paint, designer lighting, new ductless heating and cooling systems, and upgraded kitchens and bathrooms, making it a turnkey property.
Modern Kitchens & Bathrooms: The kitchens boast quartz countertops, shaker-style cabinets, and updated fixtures, while bathrooms feature stylish new tile showers and vanities, providing contemporary comfort and aesthetics.
Ample Off-Street Parking & Detached Garage: A long driveway provides ample off-street parking, leading to a detached 2-car garage, a significant advantage in urban areas.
Convenient Location: The property is close to local parks, shops, dining, major freeways, a short drive from the beach, and walking distance to Bixby Knolls, offering excellent accessibility and lifestyle amenities.

Cons

Modest Lot Size: With a lot size of 3995 sqft, the property offers limited outdoor private space, especially considering it accommodates two units and a detached garage.
Older Original Construction: Despite extensive renovations, the main structure was built in 1948, which may imply potential for underlying older infrastructure or unforeseen issues not addressed by cosmetic updates.
Standard Neighborhood View: The property offers a 'Neighborhood' view, which is less desirable and does not command the premium associated with ocean, city, or panoramic views.

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