PendingSingleFamilyResidence

2801 Adriatic Avenue

Long Beach, CA, 90810

1 / 18View all 18 photos

$699,000

MLS: RS26052753

Beds

3

Baths

2

Sq Ft

1,588

Lot

0.15 ac

Year Built

1942

MLS #

RS26052753

Days on Market

10

Listed

Mar 10, 2026

Description

Calling all investors... Opportunities like this rarely come along. Offered for the first time in nearly 30 years, this property sits on a prominent corner lot in one of Long Beach’s most rapidly evolving neighborhoods. With strong neighborhood momentum and continued revitalization throughout the area, this is an exciting chance for the next owner to reimagine and add value. The home features a generously sized floor plan with large rooms, great natural light, and a layout that offers plenty of flexibility for modernization or expansion. For buyers with vision, the possibilities here are compelling, whether you’re looking to restore and customize a personal residence, undertake a renovation project, or explore the investment potential. Positioned on a large corner parcel, the property includes a detached two-car garage that may present future ADU possibilities (buyer to verify). The lot configuration and layout offer additional flexibility that investors and developers will immediately recognize. This is the kind of property that invites creativity. With the right updates and improvements, it has the potential to become something truly special while benefiting from the continued growth and energy of Long Beach.

Location

Long Beach, Los Angeles County, CA 90810

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Listed by: Andrew Carter · Fiv Realty Co

Payment estimate

$5,156

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $69,900 · Loan: $629,100

%
Principal & Interest
$3,865
Property tax (1.25%)
$728
Homeowners insurance
$300
Mortgage insurance
$262
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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 $24,465 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.

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Local Market Stats

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

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