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$919,000

Beds
3
Baths
2.0
sq ft
1,067

1366 Saint Louis Ave, Long Beach, CA 90804

1366 Saint Louis Ave

Long Beach, CA 90804

  • 2 days on market
Airbnb Business with City-Approved 2nd Home Plan – Prime Long Beach Location! Discover an exceptional opportunity to own a fully furnished home with a thriving Airbnb business, plus the potential to expand with a city-approved second home. Situated in the heart of Long Beach, this R2N-zoned (Two-family Residential) property, allows for two single-family homes on one lot, offering outstanding investment potential and flexibility. This beautifully updated home seamlessly blends Craftsman-style charm with modern upgrades. Features include an open floor plan, double-paned windows, picture rails, wood paneling, and a welcoming covered front porch. Luxury vinyl flooring enhances both style and durability throughout. The gourmet kitchen boasts high-end vinyl cabinets, sleek countertops, and premium appliances, including a new gas stove, range hood, dishwasher, washer/dryer, and refrigerator. The spacious primary suite offers a large closet and a luxury full bath, while two additional bedrooms provide ample storage. The stylish bathrooms showcase quartz countertops, vertical subway tile walls, and elegant tile flooring. Ideally located near top-rated restaurants, shopping, and major highways, this home offers convenient access to Pacific Coast Highway, Long Beach Airport, Downtown Long Beach, and popular attractions like The Queen Mary, Aquarium of the Pacific, Long Beach Convention Center, and Cal State Long Beach. The property also includes city-approved plans for a 1,640 sq. ft., two-story second home featuring 4 bedrooms, 4 bathrooms, and alley access—an excellent opportunity to maximize rental income. Whether you're expanding your investment portfolio, generating passive income, or creating a multi-generational living space, this rare opportunity in a highly desirable neighborhood offers both immediate income potential and long-term value. Schedule a viewing today!

Details

Property type

Single Family Residence

Est. home value

$819,261

Lot size

6,499 sq ft

Price per sq ft

$862

Year built

1922

HOA

No

Price History

03/04/2025
CRMLS

CRMLS #PW25047152

Listed
$919,000
+8.76%
07/19/2023
CRMLS

CRMLS #OC23085736

Sold
$845,000
+42.02%
02/15/2023
CRMLS

CRMLS #PW22249518

Sold
$595,000

Schools & Community

Neighborhood: 

Zaferia

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

Long Beach Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$181,029
Asking price
$919,000
Closing costs (~8% of asking)
-$73,520
Est. remaining loan balance
-$664,451
Cash to seller
$181,029

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Optionwide Financial Corp

Loan start date

July 2023

Original loan amount

$676,000

Est. remaining balance

$664,451

Interest rate

6.79%

Loan type

New Conventional, 30 year

Seller

Land Kim Properties Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/05/2025 at 7:25 PM

Listing updated: 03/05/2025 at 5:29 PM

Listed by: Janny Thuy Duong, Janny Thuy Duong, Frontier Realty IncFrontier Realty Inc Phone #: (714) 782-9299

MLS: CRMLS #PW25047152

CRMLS logo

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