1028 E 10thLong Beach, CA 90813

Description

A rare opportunity combining turnkey living, rental income potential, and future development upside on an approximately 7,500 SF lot in Long Beach. The property features a beautifully remodeled 2-bedroom, 1-bath primary residence plus a newly completed, legal 1-bedroom, 1-bath attached ADU with its own completely separate entrance and no interior connection between the units. The main residence has been extensively updated and offers an inviting open-concept living, dining and kitchen layout, updated kitchen and bath, newer flooring and finishes, and a functional bedroom arrangement that includes direct bathroom access from one bedroom. The separate ADU was thoughtfully designed to maximize its approximately 384 SF footprint and includes a full kitchen, full bath, dedicated laundry hookup, mini-split heating and air conditioning, and its own private exterior entrance. Refrigerators and ranges are included in both residences, and each unit has its own stackable laundry hookup. Live in the primary residence and rent the ADU, occupy the ADU while leasing the larger home, or operate both as rentals - the property offers exceptional flexibility for an owner-occupant, multigenerational household, or investor. Outside, the unusually deep lot provides a two-car carport plus extensive additional space for parking, vehicles, storage, outdoor use, or future development. The property is located within Long Beach's PD-30 Downtown Plan area and a designated Opportunity Zone. Importantly, the property previously received City approval for development of five condominium units, demonstrating its substantial redevelopment potential. Selling agent and buyer to independently verify current zoning, development standards, entitlements and Opportunity Zone benefits. The ADU has passed final inspection with the City and is a fully legal unit. A unique combination of a move-in-ready home, independent second residence, abundant land and long-term development optionality.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Structure type

House

Year built

1909

Stories

1

Living area

1,200 Sq Ft

Lot size

0.17 acres

Parking spaces

2

Zoning

LBR4N

Days on market

20

MLS^® Listing#

DW26194178

Property Features

Interior

Ceiling Fan(s) · Open Floorplan

Appliances

Disposal · Gas Range · Refrigerator · Tankless Water Heater

Heating

Fireplace(s)

Flooring

Laminate

Fireplace

Living Room

Pool

None

Parking

Attached Carport · Concrete · Driveway · RV Access/Parking

Laundry

Laundry Closet · In Kitchen

Patio

None

Fencing

Chain Link · Wood · Wrought Iron

Lot features

Back Yard · Level

Construction

Stucco

Foundation

Raised

Roof

Composition

Windows

Blinds · Screens

Security

Carbon Monoxide Detector(s) · Smoke Detector(s) · Window Bars

Community

Sidewalks

Utilities

Electricity Connected · Natural Gas Connected · Sewer Connected · Water Available

Sewer

Public Sewer

Water source

Private

Financial Details

HOA

None

Parcel number

7274023007

Directions

West of Alamitos Ave/ East of Martin Luthern King Jr Ave

• SEP27Sunday, Sep 2711:00 AM–3:00 PMAdd to calendar