ActiveSingleFamilyResidence

1131 E 21st

Long Beach, CA, 90806

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$1,399,000

MLS: DW26066239

Beds

5

Baths

5

Sq Ft

2,424

Lot

0.12 ac

Year Built

1929

MLS #

DW26066239

Days on Market

7

Listed

Mar 26, 2026

Description

Welcome to 1131 E. 21st St, a rare and versatile income-producing property offering a beautifully upgraded single-family residence plus two additional units—an ADU and a Junior ADU—making it an exceptional opportunity for both investors and owner-occupants. The front home, approximately 1,200 sq ft, features 2 bedrooms, a den, and 2 bathrooms and has been completely renovated with thoughtful, modern upgrades throughout. Improvements include new electrical, new water lines, a fully remodeled kitchen, and stylishly updated bathrooms. The open-concept layout is filled with natural light and complemented by contemporary finishes, creating a warm yet sophisticated living space. Behind the main residence, you’ll find two additional units: A Junior ADU offering 1 bedroom and 1 bathroom (~500 sq ft), ideal for rental income or extended family. A brand-new ADU featuring 2 bedrooms and 2 bathrooms (~750 sq ft), designed with comfort and functionality in mind Both additional units are fully permitted new construction, providing peace of mind and long-term value. Each unit is thoughtfully designed for independence and convenience, featuring its own washer and dryer, along with separate meters for gas, electricity, water, and trash, and individual addresses—a highly desirable setup for investors and multi-generational living. The property also includes a remodeled 2-car garage and offers alley access to the rear units, providing ample and convenient parking with space for up to 8 vehicles total—a rare and valuable feature. Conveniently located near local schools, parks, dining, and entertainment options, this property offers a lifestyle of accessibility and convenience. Commuters will appreciate the easy access to major roadways and public transportation, making travel simple whether by car or transit. Whether you’re looking to live in one unit while generating income from the others or expand your investment portfolio with a turnkey multi-unit property, 1131 E. 21st St delivers modern upgrades, brand-new construction, and strong income potential—all in one exceptional offering.

Location

Long Beach, Los Angeles County, CA 90806

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Listed by: Kal Ibrahim · SoCal Coastal Properties

Payment estimate

$10,018

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $139,900 · Loan: $1,259,100

%
Principal & Interest
$7,736
Property tax (1.25%)
$1,457
Homeowners insurance
$300
Mortgage insurance
$525
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Long Beach home with as little as 3.5% down using an FHA loan — roughly $48,965 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Long Beach, CA 90806 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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