40 La Verne Avenue
Long Beach, CA, 90803
$1,349,000
MLS: OC26057589
Beds
4
Baths
3
Sq Ft
1,068
Lot
0.06 ac
Year Built
1925
MLS #
OC26057589
Days on Market
12
Listed
Mar 20, 2026
Description
Located in vibrant Belmont Shore, this 1925 Spanish home is full of character, flexibility, and opportunity. The front home features 3 bedrooms and 2 baths, along with a separate 1 bedroom, 1 bath apartment above the detached 1-car garage—offering flexibility for guests, extended family, or additional income potential just steps from the beach. Original hardwood floors, coved ceilings, wood shutters, a fireplace, and classic architectural details bring warmth and timeless charm throughout. The front patio offers a welcoming outdoor space, while inside, the home features a light-filled layout and a charming kitchen with ample storage. A private back patio adds even more outdoor living space. Just moments from Belmont Shore’s shops, dining, and coastal lifestyle, this is a rare opportunity in one of Long Beach’s most sought-after beachside neighborhoods.
Location
Long Beach, Los Angeles County, CA 90803
Open on Google Maps ↗Listed by: Sue La Bounty · First Team Real Estate
Payment estimate
$9,671
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $134,900 · Loan: $1,214,100
- Principal & Interest
- $7,460
- Property tax (1.25%)
- $1,405
- Homeowners insurance
- $300
- Mortgage insurance
- $506
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 $47,215 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.
Similar Homes Nearby
Active and pending listings in ZIP 90803 (Long Beach) within ±10% of this home's price and size.
Local Market Stats
See Long Beach, CA 90803 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
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.