4006 E Vermont Street, Long Beach, California 90814, Long Beach, 90814 - bed, bath

4006 E Vermont Street, Long Beach, California 90814 home-pic-0
ACTIVE$1,250,000
4006 E Vermont Street, Long Beach, California 90814
0Bed
0Bath
1,812Sqft
5,441Lot
Year Built
1960
Close
-
List price
$1.25M
Original List price
$1.25M
Price/Sqft
$690
HOA
-
Days on market
-
Sold On
-
MLS number
PW25276328
Home ConditionGood
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.25M(21th), sqft - 1812(43th), beds - undefined(50th), baths - undefined(50th).

Rare opportunity to acquire two detached homes on one lot in the heart of Belmont Heights. Each residence features 2 bedrooms and 1 bathroom, with private outdoor patios, in-unit laundry, and a dedicated one-car garage per unit.

Price History

Date
Event
Price
12/17/25
Listing
$1,250,000
04/04/03
Sold
$57,000
03/24/03
Sold
$460,000
Condition Rating
Good

The property, built in 1960, presents a move-in ready interior with significant cosmetic updates. The kitchens feature modern white shaker cabinets, granite countertops, and high-end stainless steel Bosch appliances, appearing to be renovated within the last 5-15 years. Bathrooms also show recent updates with modern vanities, sinks, and fixtures. Laminate wood flooring is consistent throughout, and walls are freshly painted. While the property's age (1960) and the presence of a wall heater suggest that major systems (HVAC, plumbing, electrical) may not have undergone a full recent renovation and could be older, the visible components are well-maintained and functional, with no immediate cosmetic repairs required. This aligns with the 'Good' criteria for extensive renovation of key areas and overall move-in readiness, despite the underlying age of the structure.
Pros & Cons

Pros

Residential Income Opportunity: The property features two detached homes on one lot, offering a rare and valuable opportunity for rental income generation or multi-generational living arrangements.
Prime Belmont Heights Location: Located in the highly sought-after 'heart of Belmont Heights,' this property benefits from a desirable neighborhood known for its strong community and high demand, contributing to property value and rental appeal.
Individual Unit Amenities: Each residence is well-equipped with private outdoor patios, in-unit laundry, and a dedicated one-car garage, significantly enhancing tenant convenience and marketability.
Detached Unit Privacy: The detached nature of each home provides superior privacy and a more independent living experience for occupants compared to typical attached duplex configurations.
Strong Investment Potential: This property represents a robust investment opportunity in a competitive Long Beach market, likely to attract steady tenants and offer long-term appreciation due to its unique configuration and location.

Cons

Property Age & Potential Updates: Built in 1960, the property is over six decades old, which may necessitate significant capital expenditures for system upgrades (e.g., plumbing, electrical, HVAC) or cosmetic renovations to meet modern standards and tenant expectations.
Limited Bathroom Count: Each 2-bedroom unit features only one bathroom, which could be a limiting factor for tenant appeal, particularly for families or multiple occupants, potentially impacting rental rates or tenant pool.
High Entry Price Point: With a list price of $1,250,000, the property represents a substantial investment, requiring a thorough financial analysis to ensure the potential rental income justifies the cost and provides a competitive return on investment.

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