820 820 1/2 Newport Avenue, Long Beach, California 90804, Long Beach, 90804 - bed, bath

820 820 1/2 Newport Avenue, Long Beach, California 90804 home-pic-0
ACTIVE$1,349,000
820 820 1/2 Newport Avenue, Long Beach, California 90804
0Bed
0Bath
2,474Sqft
6,491Lot
Year Built
1923
Close
-
List price
$1.35M
Original List price
$1.35M
Price/Sqft
$545
HOA
-
Days on market
-
Sold On
-
MLS number
PW25147880
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.35M(73th), sqft - 2474(60th), beds - undefined(50th), baths - undefined(50th).

Investment Opportunity in Eastside! East of Redondo. 820 and 820 1/2 is a TWO on one lot with separate detached back house. Both currently rented. The front house is suitable for owner occupancy if preferred. It has 2 bedrooms, and 1.5 baths with an open floor plan. Assessor indicates 1,550 square feet of living area. Large kitchen and dining area that opens to the living room with fireplace. Utility room behind the kitchen. Forced air heating. Lots of natural light throughout. Hardwood floors, ceiling fans and private outside side patio separate from the rear house. Off street parking, room for 2 cars for 820 Newport. There is also a detached single garage currently used by the owner that will be cleared. The spacious rear house is private from the main house with its own yard, 2-bedrooms and 1 bath. Craftsman style exterior with front porch and pitched roof line, washer and dryer hook-ups and a rebuilt floor furnace. According to the assessor the rear house has 924 square feet of living area.

Price History

Date
Event
Price
07/05/25
Listing
$1,349,000
Condition Rating
Fair

Built in 1923, this property is well-maintained for its age, featuring hardwood floors and functional heating systems (forced air in front, rebuilt floor furnace in rear). However, the visible kitchen in the rear unit is significantly outdated with vintage appliances, tile countertops, and basic cabinetry, indicating a need for a full renovation. Light fixtures are basic, and while systems are functional, they show signs of being outdated. The property is livable but requires minor to moderate updates to meet current standards, particularly in the kitchen and likely bathrooms, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Strong Investment Potential: Explicitly marketed as an 'Investment Opportunity' with two separate units currently rented, providing immediate income generation.
Dual-Unit Configuration: Features two separate, detached units (2 bed/1.5 bath front, 2 bed/1 bath rear) offering versatile options for rental income, owner-occupancy with rental, or multi-generational living.
Desirable Long Beach Location: Situated in the 'Eastside (ES)' of Long Beach, 'East of Redondo,' a well-regarded area known for its community and accessibility.
Character and Practical Features: Both units offer appealing characteristics (e.g., Craftsman style rear house, hardwood floors, fireplace in front) and practical amenities like private outdoor spaces and off-street parking.
Separate Amenities & Privacy: Each unit benefits from its own private outdoor space (side patio for front, yard for rear) and separate entrances, enhancing tenant satisfaction and privacy.

Cons

Age of Construction: Built in 1923, the property is over 100 years old, which may imply potential for aging infrastructure, systems, and ongoing maintenance requirements.
Lack of Central Air Conditioning: Only heating systems (forced air, floor furnace) are mentioned, suggesting the absence of central air conditioning, which could be a significant drawback during warmer months in Southern California.
Potential for Shared Lot Complexities: While described as private, having two detached units on a single lot can sometimes lead to complexities regarding shared utilities, property maintenance responsibilities, or noise considerations if not clearly defined.

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