Price Reduction - Views
Listed By:
Alan Fasnacht with Team Fasnacht Realty; 562-243-5948
Address
1007 Lewis Avenue, Long Beach, CA
Price
$ 650,000
Property Attributes
  • MLS#PW26159198
  • TypeMulti-Family
  • Listing Status Active
  • CountyLos Angeles
  • CityLong Beach
  • Area Downtown Area, Alamitos Beach
  • NeighborhoodAlamitos Beach (AB)
  • Zip90813
  • Style
  • Year Built1919
  • Price$ 650,000
  • Bedrooms0
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1012
  • Lot Size0.0311 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

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.

Price History
7/24/2026 Listed $699,000
8/13/2026 7$649,000
9/2/2026 2$635,000
9/12/2026 2$650,000

General Features

Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Pool Features None
Year Built 1919
Electric Standard
View Neighborhood
Stories Count 2
Levels Two
Property Subtype Duplex
Gross Income 50400
Community Features Curbs,Street Lights,Sidewalks
County Los Angeles
Net Operating Income 39250
Operating Expense 11150
Insurance Expense 1319
New Construction false
Property Type Residential Income
Association Amenities Storage
HOA false
Subdivision Name Alamitos Beach (AB)
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions E 10th St and Lewis Ave
City Long Beach
Entry Location Front
Senior Community Y/N false
Number Of Units Total 2
MLS Area 4 - Downtown Area, Alamitos Beach
Lot Size Units Square Feet
Lot Size Square Feet 1353
Listing Terms Cash to New Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 100
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 18
Property Sub Type Additional Duplex
PostalCity LONG BEACH

Interior Features

Fireplace Features None
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area
Entry Level 2

Exterior Features

Fencing Wrought Iron
Parking Features On Street
Lot Features Back Yard,Landscaped
Water Source Public
Lot Size Area 1353
Number of Buildings 1
Spa false
Building Area Total 1012
Lot Size Acres 0.0311
Road Surface Type Paved
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 2
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 90813

Price
AVG $1.61M
$650K
Year Built
AVG 1932
1919

Areas We Cover