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777 Obispo Ave, Long Beach, CA 90804

Sale Price: $955,000
Sep 23, 20241,636 sqft3 beds2 baths
Listed by: Callum Moloney
License #: 02060968
Phone #: 714-374-4459
Coldwell Banker Realty
Source:
CRMLS Logo
MLS #: OC24197317

Property Description

Nestled in the sought-after Rose Park neighborhood of Long Beach, this inviting duplex presents a unique opportunity for both comfortable living and investment potential. The front unit is a spacious and thoughtfully designed 2-bedroom, 1-bathroom residence that exudes warmth and charm. It features a recently updated bathroom that has been meticulously renovated with contemporary fixtures and stylish finishes, adding a touch of modern elegance to the space. Generous windows throughout the unit allow for an abundance of natural light, creating a bright and airy environment that's perfect for relaxing or entertaining. The unit also boasts a welcoming front porch, ideal for enjoying the outdoors and connecting with the neighborhood. In addition to the main unit, the back unit offers a cozy 1-bedroom, 1-bathroom studio. This charming space provides a versatile living option, whether for extended family, guests, or as a rental income opportunity. Like the front unit, the studio benefits from ample natural light, contributing to its inviting and cheerful ambiance.The property itself sits on a substantial lot with significant potential for future development. The expansive space allows for various possibilities, including the option to extend the current structure. This flexibility makes it a valuable investment in a vibrant and growing community. The property is complemented by a 1-car detached garage and a long, private driveway, offering convenient off-street parking and additional storage options. With its combination of functional living spaces, modern upgrades, and promising development opportunities, this duplex is a compelling choice for those looking to make a smart real estate investment in Long Beach.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$14,541

TurboHome Estimated Value

$982,200

$600 sqft

High Valuation
$1,031,310
$630/sqft
Normal Valuation
$982,200
$600/sqft
Low Valuation
$933,090
$570/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$600/sqft$982,200

Neighborhood: East Side

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Comparative Value

$725K

$915K

$955K

$995K

$1.30M

$1.32M

1110 Loma Ave, Long Beach, CA 90804

Sale Price: $725,000

Selected Comparable

831 Termino Ave, Long Beach, CA 90804

Sale Price: $915,000

Selected Comparable

777 Obispo Ave, Long Beach, CA 90804

Sale Price: $955,000

Selected Comparable

777 Obispo Ave, Long Beach, CA 90804

List Price: $995,000

Subject Property

347 Gladys Ave, Long Beach, CA 90814

Sale Price: $1,300,000

Selected Comparable

635 Grand Ave, Long Beach, CA 90814

Sale Price: $1,325,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
777 Obispo Ave, Long Beach, CA 90804

777 Obispo Ave, Long Beach, CA 90804

List: $995,000

Listed: 9/23/2024

Area:1,636 sqft
Price/sqft:$608
Beds:3
Baths:2
Year Built:
Lot Size:6,508

Comparable Properties

COMPARABLE
Choose comps
777 Obispo Ave, Long Beach, CA 90804

777 Obispo Ave, Long Beach, CA 90804

Sale: $955,000

10/25/20240.00 mi

Area:1,636 sqft
Price/sqft:$584
Beds:3
Baths:2
Year Built:
Weight:21.8%
635 Grand Ave, Long Beach, CA 90814

635 Grand Ave, Long Beach, CA 90814

Sale: $1,325,000

10/8/20240.41 mi

Area:1,565 sqft
Price/sqft:$847
Beds:3
Baths:2
Year Built:
Weight:20.1%
347 Gladys Ave, Long Beach, CA 90814

347 Gladys Ave, Long Beach, CA 90814

Sale: $1,300,000

5/16/20250.51 mi

Area:1,365 sqft
Price/sqft:$952
Beds:3
Baths:2
Year Built:
Weight:19.6%
1110 Loma Ave, Long Beach, CA 90804

1110 Loma Ave, Long Beach, CA 90804

Sale: $725,000

9/12/20240.41 mi

Area:1,500 sqft
Price/sqft:$483
Beds:3
Baths:2
Year Built:
Weight:19.3%
831 Termino Ave, Long Beach, CA 90804

831 Termino Ave, Long Beach, CA 90804

Sale: $915,000

9/24/20240.51 mi

Area:1,486 sqft
Price/sqft:$616
Beds:3
Baths:2
Year Built:
Weight:19.2%

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