$650,000
$49K PRICE DROP

Estimated payment $4,323/month

Total Views 3,821
3 Beds
2 Baths
1,012 Sq Ft
$642 Price per Sq Ft

Highlights

  • No HOA
  • Neighborhood Views
  • Laundry Facilities
  • Long Beach Polytechnic High School Rated A
  • Landscaped
  • 5-minute walk to Craftsman Village Park

About This Home

This is an Amazing Opportunity, the lowest priced duplex in Long Beach! It has FHA financing, own a well-maintained duplex featuring two units, 1007 Lewis Ave and 1009 Lewis Ave. Both units are now vacant. The bottom unit will be available to show starting Saturday Sept. 5th, 2026. The top unit at 1007 Lewis Ave. offers 2 Bedrooms, with an extra room that provides flexibility and is ideal for use as a home office, nursery, guest room or additional 3rd bedroom. The unit features fresh interior paint, a bright living space, and an outside washer & dryer area. It is available to show now. The first floor unit at 1009 Lewis Ave. offers a, 1 Bedroom and 1 Bath unit, inside laundry, creating a practical layout. Both units have been refreshed, ceiling fans , counter tops & cabinets in kitchens & baths, tile and lovely wood laminate flooring. Outside there is a storage unit, security fence, and a shared backyard patio and entertaining area. This income-producing property is just minutes from the Hip East Village, Alamitos Beach, dining and public transportation. Walk to Medina's Bakery, La Bodega #2 for fresh meat, fruits and vegetables, Tacos at Chemas Place and fresh coffee and donuts at Tasty's and even a barber shop around the corner! Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this duplex presents an excellent opportunity. Both units delivered vacant. This will allow owner occupied in 1 unit and rent out the second unit with a new lease.
Parking spaces for rent across the street at Colonia Tires and Auto Repair for $80/month.

Listing Agent

Alan Fasnacht

Team Fasnacht Realty Brokerage Phone: 562-243-5948 License #00542691 Listed on: 07/24/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 1,353 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Landscaped
  • Back Yard

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Entry on the 2nd floor

Interior Spaces

  • 1,012 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 7274009028

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Alamitos Beach Subdivision

Amenities

  • Laundry Facilities
  • Community Storage Space

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,319
  • Trash Expense $100
  • Operating Expense $100
  • Gross Income $50,400
  • Net Operating Income $39,250

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

1,353 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7274009028
  • Year Built: 1919
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 642.29

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Amenities: Storage
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Street Lights, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Back Yard
  • Lot Size Sq Ft: 1353.00
  • Lot Size Acres: 0.0311

Multi Family

  • Gross Income: 50400.00
  • Gross Scheduled Income: 50400.00
  • Insurance Expense: 1319.00
  • Lot Size Area: 1353.0000 Square Feet
  • Net Operating Income: 39250.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 11150.00
  • Rent Control: No
  • Total Expenses: 100.00

Tax Info

  • Tax Lot: 18

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $8,632 $663,254 $382,034 $281,220
2025 $8,632 $650,250 $374,544 $275,706
2024 $8,264 $637,500 $367,200 $270,300
2023 $5,760 $435,048 $301,188 $133,860
2022 $5,407 $426,519 $295,283 $131,236
2021 $5,297 $418,157 $289,494 $128,663
2019 $5,221 $405,756 $280,908 $124,848
2018 $5,089 $397,800 $275,400 $122,400
2017 $2,790 $205,752 $144,583 $61,169
2016 $2,597 $201,719 $141,749 $59,970
2015 $2,496 $198,690 $139,620 $59,070
2014 $2,487 $194,799 $136,886 $57,913
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2026 09/12/26 Price Changed $650,000 +2.4% $642 / Sq Ft
09/02/2026 09/02/26 Price Changed $635,000 -2.2% $627 / Sq Ft
08/12/2026 08/12/26 Price Changed $649,000 -7.2% $641 / Sq Ft
07/24/2026 07/24/26 For Sale $699,000 0.0% $691 / Sq Ft
08/11/2023 08/11/23 Rented $2,295 0.0% --
07/31/2023 07/31/23 For Rent $2,295 0.0% --
06/27/2023 06/27/23 Sold $625,000 0.0% $618 / Sq Ft View Prior Sale
05/19/2023 05/19/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $625,000 +60.3% $618 / Sq Ft
03/21/2017 03/21/17 Sold $390,000 0.0% $385 / Sq Ft View Prior Sale
02/20/2017 02/20/17 Pending -- -- --
01/09/2017 01/09/17 For Sale $390,000 -- $385 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $625,000 Orange Coast Title Company
Grant Deed $390,000 Ticor Title
Grant Deed $185,000 Landsafe Title
Grant Deed $100,000 Landsafe Title
Trustee Deed $331,075 Landsafe Title
Grant Deed $475,000 Alliance Title Company
Interfamily Deed Transfer -- First American Title Co
Grant Deed $329,000 First American Title Co
Grant Deed $7,500 --
Grant Deed $236,000 Provident Title Company
Grant Deed $210,000 Chicago Title Co
Grant Deed $130,000 Landsafe Title
Trustee Deed $114,220 Landsafe Title
Grant Deed -- Gateway Title Company
Grant Deed $83,000 Gateway Title Company
Grant Deed $40,500 Southland Title Corporation
Trustee Deed $118,986 First Southwestern Title
Grant Deed $145,000 Orange Coast Title
Quit Claim Deed -- Orange Coast Title
Grant Deed $6,500 Orange Coast Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $468,750 New Conventional
Previous Owner $292,500 New Conventional
Previous Owner $203,000 New Conventional
Previous Owner $131,250 New Conventional
Previous Owner $427,500 New Conventional
Previous Owner $263,200 Purchase Money Mortgage
Previous Owner $270,000 Unknown
Previous Owner $232,255 FHA
Previous Owner $210,000 Purchase Money Mortgage
Previous Owner $97,500 No Value Available
Previous Owner $112,500 Unknown
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26159198

California Regional Multiple Listing Service (CRMLS)

APN: 7274-009-028

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