312 E Peace Street
Long Beach, CA, 90805
$799,999
MLS: 25618319
Beds
3
Baths
3
Sq Ft
1,445
Lot
0.09 ac
Year Built
1948
MLS #
25618319
Days on Market
109
Listed
Nov 19, 2025
Description
Back on the market- Accepting back-up offers. Do to no fault of property or seller. Under contract at $845k and appraised at value and completed termite clearance. Long Beach move-in-ready home, offers a rare combination of space, comfort, and a great layout perfect for families, multi generational living, buyers looking for extra room and privacy, or looking to offset their mortgage. Featuring a front house and a permitted detached ADU. The house includes 2 spacious bedrooms, with a versatile flex space ideal for an office or nursery, 2 bathrooms. Kitchen and bathrooms recently updated, new ductless heating and cooling, waterproof vinyl flooring. The home has a long driveway with a large two car garage, fully fenced small private yard. The recently upgraded ADU has its own entrance for privacy and convenience which makes it ideal for rental income. Located minutes from Downtown Long Beach, Bixby Kolls, local parks, shopping, dinning and major freeways. Just a short drive to the beach! ADU is a 505 sqft studio unit. Property is vacant.
Location
Long Beach, Los Angeles County, CA 90805
Open on Google Maps ↗Listed by: Monica Acuna · Atlas Real Estate Corporation
Payment estimate
$5,857
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $80,000 · Loan: $719,999
- Principal & Interest
- $4,424
- Property tax (1.25%)
- $833
- Homeowners insurance
- $300
- Mortgage insurance
- $300
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 $28,000 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
See Long Beach, CA 90805 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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