4124 E Theresa
Long Beach, CA, 90814 $ 1,375,000
Baths2.1 Sq 3,612 Monthly Estimate*
$ 8,682
Listed by Wade Wright, Broker
Studio for $1,375,000 with 2 full baths, 1 half bath. This 3,612 square foot home was built in 1967 on a lot size of 0.1471.
Exceptional duplex investment opportunity in prestigious Belmont Heights! This well-located property features two generously sized two-story units, each offering spacious living areas and private balconies. A rare four-car garage configuration includes a two-car garage, a separate one-car garage, and an extra-tall one-car garage that may accommodate an RV, boat, work truck, recreational equipment, or additional storage. Situated on a large lot, the property may also offer potential for one or two accessory dwelling units, providing an opportunity to create additional rental income, subject to city approval and all applicable development requirements. Investors may benefit from future rental increases, property enhancements, and multiple income-producing possibilities. Conveniently located near elementary, middle, and high schools, including Woodrow Wilson High School and Bruin Stadium. Enjoy close proximity to the Musical Theatre West, Colorado Lagoon, Recreation Park Golf Course, Recreation Dog Park, Marine Stadium, playgrounds, neighborhood parks, restaurants, shopping, and Pacific Coast Highway. Just minutes from the ocean, Belmont Shore, and the Queen Mary, this property offers an outstanding combination of location, space, parking, and long-term upside potential. Better hurry on this one.
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FeaturesGeneralSewer Public Sewer
Roof Composition Shingle
Appliances Electric Cooktop
HOA Fee 0
Garage Spaces 4
Pool Features None
Construction Materials Stucco
Year Built 1967
Tenant Pays Electricity Gas Other
Stories Count 2
Levels Two
Property Subtype Duplex
Gross Income 68481
Community Features Curbs Street Lights Sidewalks
County Los Angeles
Net Operating Income 49306
Operating Expense 19175
Insurance Expense 2400
New Construction false
Property Type Residential Income
HOA false
Subdivision Name Belmont Heights (BH)
Garage Y/N true
Special Listing Conditions Trust
Status Active
Directions Roswell Ave and E Theresa St
City Long Beach
Entry Location Ground
Senior Community Y/N false
Number Of Units Total 2
MLS Area 2 - Belmont Heights Alamitos Heights
Lot Size Units Square Feet
Lot Size Square Feet 6409
Listing Terms Cash Cash to New Loan Conventional Submit
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 1440
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 10
Property Sub Type Additional Duplex
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InteriorInterior Amenities All Bedrooms Down
Flooring Carpet Laminate Tile
Fireplace Features None
Total Stories 2
Common Walls 1 Common Wall
Fireplace Y/N false
Laundry Features In Garage
Entry Level 1
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ExteriorFencing Block Wood
Lot Features Front Yard Lawn
Water Source Public
Total Parking 4
Lot Size Area 6409
Number of Buildings 1
Spa false
Building Area Total 3612
Lot Size Acres 0.1471
Private Pool false
Lot Size Source Assessor
Door Features Sliding Doors
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded FeaturesList ByWade Wright, BrokerBroker
Affordability Calculator
- Monthly Principal & Interest
- $8,682
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Long Beach, CA
Average List Price $1,973,020
Percent of Sale Price 43%
About Long Beach, CA 470,090 Population
2% Since 2002
$ 57,916 Median Income
35.78 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/6/2026 | $1,375,000 | | Listed Price |