243 Orizaba Avenue

Long Beach, CA 90803 Pending for $1,895,000

Overview
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Property History
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Beds: 5 Baths: 3 Structure Size: 2,845 sqft Lot Size: 5,001 sqft

Property Facts

MLS	RS24209659
Year Built	1926
Property Type	Duplex
County	Los Angeles
Status	Pending
Pending	$1,895,000
Structure Size	2,845 sqft
Lot Size	5,001 sqft
Beds	5
Baths	3

Description

Exquisite one of a kind Tudor-inspired property in historic Bluff Heights with incomparable curb appeal and presence as well as income opportunity! This custom-built 1926 masterpiece with only two known owners in the last 75 years, blends old-world charm with modern sophistication and offers tremendous versatility. The owner's unit is an expansive two-story, 3-bedroom, 2-bath residence, featuring two spacious primary suites. The primary suite on the first floor could be utilized as a family room or closed off to create a studio space for additional income as it has a separate entrance from the backyard. The living room features a breathtaking cathedral beamed ceiling and a formal dining room with custom built-ins. The second unit, a 2-bedroom, 1-bath gem, presents endless possibilities—ideal as a rental (could generate an additional $42,000 in annual income!) or as a private apartment. Both units are move-in ready and showcase elegant Spanish influences, beautifully merging architectural styles of the era. Step inside to discover cove ceilings, graceful archways, custom built-ins, leaded pane glass windows, cast iron railings, deco fixtures along with recent renovations including fresh paint, carpet and stunning recently refinished hardwood floors add a touch of historic grandeur. This home has been meticulously maintained and thoughtfully renovated offering a seamless blend of original craftsmanship and modern conveniences including abundant storage and modifications to the foundation (braced & bolted). The remodeled kitchens in both homes feature stone countertops, stainless appliances, and a wonderful culinary space. Most windows have been upgraded to dual-pane, and there is copper plumbing throughout. Both units are equipped with their own laundry areas, and the bathrooms have been tastefully updated. Outside, the private backyard offers a tranquil retreat, perfect for relaxing or entertaining. An enclosed two-car carport can easily be converted into a garage, adding further convenience. Considering the Olympics are just four years away, the income possibilities are endless! This property could be converted to a substantial single family home and the architectural integrity of the exterior may qualify for the Mills Act offering significant tax savings to the new owner. Close to the beach, vibrant dining, shopping options, and the iconic Second Street. This is a rare opportunity to own a piece of history with all the modern luxuries you desire.

Listing information courtesy of: Oriana Shea, Real Brokerage Technologies 562-477-3388. *Based on information from the Association of REALTORS/Multiple Listing as of 11/26/2024 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.