Under ContractDuplex

3321 E 17th Street

Long Beach, CA, 90804

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$699,000

MLS: SR26092682

Beds

2

Baths

2

Sq Ft

1,156

Lot

0.10 ac

Year Built

1955

MLS #

SR26092682

Days on Market

12

Listed

Apr 30, 2026

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.

Location

Long Beach, Los Angeles County, CA 90804

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Listed by: Thomas Hernandez · Real Brokerage Technologies, Inc.

Payment estimate

$5,271

/ month (est.)

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

%
Principal & Interest
$3,980
Property tax (1.25%)
$728
Homeowners insurance
$300
Mortgage insurance
$262
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Today's Rates

As of May 21, 2026

30-year fixed
6.51%
15-year fixed
5.85%

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

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

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.

#1 Producing Individual Realtor — Antelope Valley

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.