3745 E Ransom Street
Long Beach, CA, 90804
$999,999
MLS: PW26067214
Beds
2
Baths
1
Sq Ft
1,029
Lot
0.17 ac
Year Built
1941
MLS #
PW26067214
Days on Market
1
Listed
Mar 28, 2026
Description
Permits are near approval to convert the existing single family home into a four-unit property! The project will add 4,546 sf of livable space bringing the total square feet to 5,575. The current 1029sf home will become a 2bed/2ba 1233sf unit. An attached SB9 unit will be 1,492sf with 3 bedrooms and 2.5 baths. Two additional ADU's will be 1200sf 3 bed/2baths each. Huge upside potential to build and hold or flip. This is a strong rental market and all the hard work of architectural drawings and city approval have been done for you, saving months of time and tens of thousands of dollars. Permits are a few short weeks from final approval and ready to be assigned. This property has three sides of access making it ideal for a multi-family investment property. The 3D rendering highlights the outcome that can be expected after construction is complete.
Location
Long Beach, Los Angeles County, CA 90804
Open on Google Maps ↗Listed by: Darla Nino · Coast Funding Group, Inc.
Payment estimate
$7,246
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $100,000 · Loan: $899,999
- Principal & Interest
- $5,530
- Property tax (1.25%)
- $1,042
- Homeowners insurance
- $300
- Mortgage insurance
- $375
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 $35,000 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
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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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