3321 E 17th Street

Description

This vacant Long Beach duplex presents a rare opportunity with immediate upside and strong long-term potential. Priced at $699,000, the 2-unit property offers flexibility for an owner-user, investor, or anyone looking to create additional income streams in a high-demand coastal market. Situated on a 4,501 sq. ft. lot with a unique corner-style setup, the property features two side-by-side 1-bedroom, 1-bath units with a combined 1,156 sq. ft. of living space. Both units are delivered vacant, giving you the freedom to set your own rents or move into one unit and rent the other to offset your mortgage—a smart play in today’s market. The layout is functional and appealing, but where this property really stands out is the rear alley access and additional structures. You’ll find two 1-car garages, plus a studio space with a bathroom behind the garages (buyer to verify permits). This setup creates a compelling value-add opportunity for a potential third unit or ADU conversion down the line—something investors are actively seeking in Long Beach. Location is a major highlight. You’re just minutes from the coastline, with easy access to Belmont Shore, Retro Row (4th Street Corridor), and the vibrant dining and nightlife scene of Downtown Long Beach. Nearby parks, beaches, coffee shops, and local boutiques add to the area’s charm and appeal. Commuters will appreciate convenient access to Pacific Coast Highway (PCH), as well as the 405 and 710 freeways, connecting you to the greater LA and Orange County areas. Built in 1955, this duplex sits in a neighborhood where multi-unit properties continue to see strong demand—especially those with ADU potential and alley access like this one. With the right vision, there’s room to increase value, optimize the layout, and maximize income over time. Vacant. Priced right. Full of potential. Opportunities like this don’t last—schedule your showing before it’s gone.