New Listing
$1,375,000
 $7,381 est/mo Sourced by Back At You

509 E 21st Street,Long Beach, CA 90806

Long Beach, CA 90806

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Description

INVESTOR & BUILDER OPPORTUNITY IN CENTRAL LONG BEACH! Fire-damaged 4-unit property acquired uninhabitable and now well into a full renovation. The front 2 units are approx. 70% complete and have been reconfigured from 1bd/1ba to 2bd/1ba each, with new electrical and plumbing. The back 2 units are approx. 60-65% complete with new electrical and plumbing. A brand-new electrical service is in place with 7 meters, including 2 meters ready for future ADUs. The 3-car garage is slated for demolition to make way for 2 stacked 2bd/1ba ADUs (approx. 694 sq ft each), turning this into a potential 6-unit income property. The heavy lifting is done: finish the units, build the ADUs, and add value. Close to Long Beach Blvd, shopping, transit, and major freeways. Sold as-is. Buyer to verify all permits, plans, and square footage.

Details

MLS #OC26242778
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1929
Days On Site2
Listing Provided ByMOSO Real Estate | Omar Carrasco

Features

SQ Feet2,212
Garage3
Story(s)2
Units4
Building(s)2
Acreage0.11

Interior

CoolingNone
Cooling Yes / NoNo
Fireplace Yes / NoNo

Exterior

Lot FeaturesZero To One Unit Acre

Parking

Garage Yes / NoYes

Utilities

SewerPublic Sewer

Location

Community FeaturesCurbs

Area Information

StateCA
CountyLos Angeles
CityLong Beach
Zip Code90806
Area5 Wrigley Area
Community NameWrigley Area (WR)
Listing VS Median (in Wrigley Area (WR))
Price:
$1,375,000
low | high
Med:
$1,490,000
41.636363636364% of Average
sqft:
2,212
low | high
Med:
3,039
12.613019891501% of Average
$ / sqft:
$622
low | high
Med:
$490
71.125250530976% of Average
On site:
2
low | high
Med:
33
6.060606060606% of Average
Sourced by Back At You

Market Activity 90806

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Learn More About This Property

StateCA
CountyLos Angeles
CityLong Beach
Zip Code90806
Area5 Wrigley Area
Community NameWrigley Area (WR)
Listing VS Median (in Wrigley Area (WR))
Price:
$1,375,000
low | high
Med:
$1,490,000
41.636363636364% of Average
sqft:
2,212
low | high
Med:
3,039
12.613019891501% of Average
$ / sqft:
$622
low | high
Med:
$490
71.125250530976% of Average
On site:
2
low | high
Med:
33
6.060606060606% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.031M - $1.718M
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
1972 Olive Property Photo 1
$1,099,999
1972 Olive
Long Beach, CA 90806
Listing Updated: November 13, 2026 at 3:38:26 PM PST