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4117 E Theresa Street, Long Beach, California 90814, Long Beach, 90814 - bed, bath

4117 E Theresa Street, Long Beach, California 90814 home-pic-0
ACTIVE$1,469,000
4117 E Theresa Street, Long Beach, California 90814
0Bed
0Bath
2,397Sqft
6,152Lot
Year Built
1921
Close
-
List price
$1.47M
Original List price
$1.47M
Price/Sqft
$613
HOA
-
Days on market
-
Sold On
-
MLS number
PW25142708
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.47M(50th), sqft - 2397(57th), beds - undefined(50th), baths - undefined(50th).

Investment opportunity not to be missed. Two homes on a large lot in beautiful, desirable, upscale Belmont Heights. You could live in one and rent the other. The front unit is a two-bedroom one bath home and has a romantic fireplace in the living room. There is a two-car attached garage to this home with a driveway. Spacious fenced front yard and a covered patio. Great for entertaining. The Laundry hook ups are in the kitchen. Very comfortable large two bedroom. Back unit provides privacy and is a large two-story 3 bedroom, two bath home. Best of all, there is an upgraded oversized master bath and large spacious master bedroom. The laundry room is upstairs separate and has room enough to be a comfortable workspace. laundry room upstairs for convivence. The upstairs den can be used as office space or entertainment room.

Price History

Date
Event
Price
07/22/21
Sold
$1,190,000
05/18/07
Sold
$795,000
Condition Rating
Fair
Built in 1921, this property shows a mix of maintenance and dated features. The kitchen, while clean with refreshed white cabinets, has basic black appliances and what appear to be older tile countertops and backsplash, suggesting it hasn't undergone a recent, comprehensive renovation. Some areas feature modern recessed lighting and wood/laminate flooring, but others display dated wall paneling and wall-mounted AC units, indicating a lack of central cooling. While the description mentions an 'upgraded oversized master bath,' the absence of bathroom images limits a full assessment. Overall, the property is functional and livable but requires substantial updates to bring it to current aesthetic and system standards, fitting the 'Fair' condition criteria.
Pros & Cons

Pros

Income-Generating Duplex: This property offers a unique investment opportunity with two distinct homes on one lot, allowing for owner-occupancy with rental income or full rental potential, explicitly marketed as an 'investment opportunity not to be missed'.
Prime Location: Situated in the 'beautiful, desirable, upscale Belmont Heights' subdivision of Long Beach, offering a highly sought-after address with strong market appeal.
Generous Lot Size: The property boasts a large 6,152 sqft lot, providing ample outdoor space, including a spacious fenced front yard and a covered patio, ideal for entertaining and potential future enhancements.
Versatile Living Spaces: The back unit is a large two-story 3-bedroom, 2-bath home with an upgraded oversized master bath, spacious master bedroom, and an upstairs den/workspace, offering flexible living arrangements and modern amenities.
Ample Parking & Outdoor Amenities: The front unit includes a two-car attached garage with a driveway, providing convenient and secure parking, complemented by a private fenced front yard and covered patio for outdoor enjoyment.

Cons

Age of Property: Built in 1921, the property's age suggests potential for outdated infrastructure (plumbing, electrical, HVAC) and ongoing maintenance requirements that may not be immediately apparent.
Limited Renovation Details: While the back unit features an 'upgraded oversized master bath,' the description lacks comprehensive details on renovations for the rest of the property, particularly the front unit, implying other areas may require significant updates.
Potential for Shared Systems/Privacy: As a duplex on a single lot, there's a potential for shared utility lines or common areas, which could lead to privacy concerns or require clarification on separate metering for investment purposes, not explicitly detailed.

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