This offering consists of three units, including a classic Spanish front house rich with authentic old-world character and two newly constructed ADUs completed in 2026. The front residence is a 1,178 SF, 3-bedroom, 2-bath Spanish home featuring hallmark architectural details such as an arched picture window, barrel ceiling, mock fireplace, and hardwood floors throughout. The kitchen has been updated with white cabinetry, dishwasher, stackable washer/dryer, newer free-standing stove, refrigerator, and garbage disposal, complemented by an inviting breakfast nook. Additional features include ceiling fans, window A/C units, a fenced front yard with automatic sprinklers, a shared private side patio, and a covered front porch. The property is one block from the Long Beach City bicycle rental station and offers convenient access to the Atlantic Blvd bus line. Located at the rear of the property are two brand-new ADUs498A and 498 E 52nd Street both never occupied and designed with modern finishes and efficient layouts. The lower ADU is a 532 SF, 1-bedroom, 1-bath unit. The upper ADU offers 2 bedrooms, 1 bath, and approximately 784 SF. Each ADU features private entrances, wood floors, A/C, tankless water heaters, in unit washer/dryers, double-pane windows, quartz countertops, dishwashers, and recessed lighting, delivering a turnkey living experience for future tenants. This property presents an exceptional opportunity for an owner-user or investor seeking strong rental income, modern construction, and a character-rich primary residence all on one site.
The income description goes here to explain
| List Price | $1,265,000 |
| Property Type | Triplex (3-units) |
| Usable Sqft | 2,494 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1929 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7130008016 |
| MLS # | 26831033 |
| Property ID | 292061933 |
| Lot Sqft | 4,276 |
| Zoning | LBR1N |
| Total Units | 3 |
| Days on Market | 36 |
| Original List Price | $1,265,000 |
| Date Updated | May 15, 2026 |
| Date Created | May 07, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 3 | 2.00 | $3,595 | $3,595 |
| Unit #2 | 2 | 1.00 | $2,595 | $2,595 |
| Unit #3 | 1 | 1.00 | $1,995 | $1,995 |
| Gross Income (Yr) | $ 95,273 |
| Operating Expenses | $ 24,862 |
| Net Income (Yr) | $ 70,412 |
| Cap Rate | 5.57% |
Tim Steuernol an agent of . Lic #01742766
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