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324 W 9th Street, Long Beach, California 90813, Long Beach, 90813 - bed, bath

324 W 9th Street, Long Beach, California 90813 home-pic-0
ACTIVE$1,100,000
324 W 9th Street, Long Beach, California 90813
0Bed
0Bath
3,372Sqft
2,406Lot
Year Built
1925
Close
-
List price
$1.1M
Original List price
$1.15M
Price/Sqft
$326
HOA
-
Days on market
-
Sold On
-
MLS number
PW25079229
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.10M(85th), sqft - 3372(85th), beds - undefined(50th), baths - undefined(50th).

Located in the heart of Long Beach's sought-after Willmore District, this classic brick 4-plex offers timeless charm and solid investment potential. Each of the four units features 2 bedrooms and 1 bathroom, providing spacious and functional layouts ideal for tenants or owner occupied seeking comfort and convenience. Each unit also has their own laundry with washer and dryer hook ups. The property boasts a traditional brick exterior that reflects the architectural character of the neighborhood, with some interior updates completed approximately 15–20 years ago. Whether you're expanding your portfolio or just started this great opportunity is in a prime location, this 4-unit building delivers consistent rental appeal in one of Long Beach's most enduring communities.

Price History

Date
Event
Price
08/08/25
Price Change
$1,100,000
04/10/25
Listing
$1,150,000
02/17/10
Sold
$468,000
05/07/09
Sold
$300,000
10/21/04
Sold
$710,000
08/01/02
Sold
$240,000
04/13/00
Sold
$277,500
Condition Rating
Fair
Built in 1925, this property received interior updates approximately 15-20 years ago, as stated in the description. The images confirm this, showing functional but dated elements such as tiled kitchen countertops, traditional dark wood cabinets, a pedestal sink in the bathroom, and older light fixtures. While clean and move-in ready, the property shows signs of being aged and would benefit from minor cosmetic updates to modernize the kitchen and bathrooms, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Investment Opportunity: A classic 4-plex offering solid investment potential with consistent rental appeal, ideal for expanding a portfolio or starting a new one in a high-demand area.
Desirable Location: Situated in the heart of Long Beach's sought-after Willmore District, ensuring strong tenant demand and long-term property value appreciation.
In-Unit Laundry: Each of the four units includes individual washer and dryer hookups, a highly desirable amenity that enhances tenant convenience and rental income potential.
Optimal Unit Mix: Four spacious 2-bedroom, 1-bathroom units provide functional layouts, appealing to a broad range of tenants seeking comfort and convenience.
Timeless Charm & Curb Appeal: The property boasts a traditional brick exterior and classic design, contributing to its timeless charm and strong curb appeal within the historic neighborhood.

Cons

Interior Condition: Interior updates were completed 15-20 years ago, indicating that units may require significant modernization to meet current tenant expectations and maximize rental income.
Price Adjustment: The recent price reduction from its original list price suggests the property may have been initially overpriced or is experiencing slower market absorption, potentially indicating a need for further negotiation.
Potential for Capital Expenditures: As a 1925-built property, there's a higher likelihood of needing future capital expenditures for major systems (e.g., plumbing, electrical, roof) that may not be immediately apparent.

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