1014 Myrtle Avenue, Long Beach, CA 90813
List Price: $1.4M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1913
Lot Size: 5,014 sq ft
Private Pool: Yes
MLS Number: PW26069198
About This Property
Two fully reimagined detached homes on a single lot — this is the rare Long Beach opportunity buyers have been waiting for. 901 E 10th St offers a spacious 4-bedroom, 3.5-bath residence, while 1014 Myrtle delivers a well-appointed 3-bedroom, 2-bath home — each completely rebuilt from the ground up with all-new plumbing, electrical, roofing, kitchens, bathrooms, hardscape, landscaping, and decking. Both homes feature new AC and heating systems, tankless water heaters, and dual-pane windows throughout — plus off-street parking for each residence. Two separate homes. Zero deferred maintenance. Total turnkey. Currently operating as a high-performing short-term rental, the property has generated over $10,000/month in gross income during peak periods — making it equally compelling for owner-occupants looking to offset their mortgage, multi-generational families who want space without sacrificing proximity, or investors seeking a proven income asset. And the upside doesn't stop there. The property also includes a 600 SF commercial storefront, and comes with city-approved, Ready-to-Issue plans to convert the space into two ADUs — one on the ground floor and one above. The permitting groundwork is done, putting the next buyer in an exceptional position to add two additional income-producing units with minimal friction. Located in Long Beach's active redevelopment corridor and steps from public transit, this is a genuine long-term wealth-building asset with the hard work already done. Live in one. Lease the others. Build generational wealth from there.