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A charming single-family home offering endless potential in the heart of Long Beach! Welcome to 240 E. Eldridge St, a cozy residence set on an expansive lot that presents an exceptional opportunity for homeowners, investors, or developers alike. Zoned R-3-4, the approximately 6,000 sq ft lot offers a variety of possibilities—build an ADU, expand the existing home, or explore multi-family development options (buyer to verify). Whether you envision a private retreat or a property designed to maximize rental income, the possibilities are truly exciting. Located in a well-established neighborhood, this home is uniquely positioned with only one neighboring property, providing enhanced privacy and a sense of openness rarely found in the area. Just minutes from Memorial Hospital, major freeways, shopping, and dining, the property delivers outstanding convenience without compromising comfort. With Long Beach’s continued growth and strong housing demand, this is a rare opportunity to secure privacy, flexibility, and long-term value in a central location. Whether you’re planning for today or building for the future, don’t let it become a missed opportunity. This is your chance to create something truly special.
Listing agent: Nory Chin DRE #02079926 Nory.Chin@VanguardProperties.com, Listing office: Vanguard Properties
MLS data updated 10/19/2026, 9:29:30 AM PT
Source: CRMLS, MLS #: OC26002857
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Feb 13, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$725,000Closed sale · Feb 13, 2026ZIP 90807 · Feb 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.