355 Colorado Place

Long Beach, CA 90814

$1,249,000

Listed Price
3

bed Beds

3

shower Baths

1,859 sqft

straighten $671 / sqft

1920

calendar_month Built

Property Description

LOCATION, LOCATION, LOCATION! Situated on an interior lot in the desirable community of Historical Bluff Heights, this charming 1920 California Bungalow offers unlimited potential. The property boasts an expansive nearly 5000 sq ft lot. The front unit features 2 bedrooms and 1 full bath, with a spacious 1,110 sq ft of living space. Recently remodeled in 2022, the home retains many of its Craftsman-style features, including a front porch. Upgrades include updated plumbing, electrical, HVAC system, kitchen cabinets, Quartz countertops, interior and exterior paint, and drought-resistant landscape. One of the standout features of the front unit is the extra long driveway, providing ample parking space—a rare find in a beach community! The back unit is a newly built ADU (March 2024) with a Certificate of Occupancy. It offers 2 bedrooms, 2 full baths, and 749 sq ft of living space, complete with a separate entry and a single-car driveway. Each bedroom comes with a built-in desk, blacked out shades, dual-paned windows, 3 separate AC units, and modern finishes throughout. Each unit also has their separate gas and electric meters, and equipped with their own Washer/Dryer. Perfectly accommodating anyone working the night shift or those who work from home. This property is a perfect investment opportunity with immediate income-producing potential. Live in one unit and rent the other, or rent both for maximum return. Conveniently located just 4 blocks from the beach and only 2 miles from Downtown Long Beach, with popular restaurants and shops within walking distance—just 1 block away to 4th Street. This is an exceptional opportunity you won't want to miss!

Interior Features

Bedroom Information
Bedrooms 3
Bathroom Information
Bathrooms 3
Fireplace Information
Features None
Interior Information
Features Open Floorplan
Cooling Type Central Air, See Remarks

Listing Information

Address 355 Colorado Place
City Long Beach
State CA
Zip 90814
County Los Angeles
Listing Agent Daisy Tham DRE#02122321
Co-Listing Agent John Tham DRE#02131220
Courtesy Of EXP REALTY OF CALIFORNIA INC
MLS CV24068926
List Price $1,249,000
Status Active
Type Residential
Subtype Single Family Residence
Structure Size 1,859
Lot Size 4,967
Year Built 1920
DOM 7

Exterior Information

Maps

Listing information courtesy of: Daisy Tham, John Tham, EXP REALTY OF CALIFORNIA INC . *Based on information from the Association of REALTORS/Multiple Listing as of Apr 17th, 2024 at 4:29 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.