5103 Peabody Street
Long Beach, CA, 90808
$1,198,000
MLS: WS26212006
Beds
4
Baths
3
Sq Ft
1,535
Lot
0.15 ac
Year Built
1947
MLS #
WS26212006
Days on Market
19
Listed
Sep 30, 2026
Description
Welcome to 5103 Peabody Street, a fully remodeled, modern Long Beach masterpiece offering versatility, style, and income potential. This permitted 4-bedroom, 3-bathroom home combines contemporary design with a flexible layout ideal for comfortable living, entertaining, or generating additional rental income. The primary bedroom includes its own private entrance, creating an ideal opportunity for rental income, multigenerational living, or a private guest retreat. With two separate entrances, the layout provides exceptional flexibility for a variety of living arrangements and future possibilities. Step outside to your own resort-style oasis featuring a gorgeous pool and spa, perfect for entertaining, relaxing, and enjoying the Southern California lifestyle year-round. The home showcases contemporary finishes throughout, blending clean modern design with warm, inviting touches. Zoned **R-3, this property presents exciting expansion and future development potential — whether adding additional units or maximizing the property's long-term investment value. Even better, the home features **paid-off solar**, providing energy efficiency and long-term savings. Situated on Peabody Street, a quiet residential street, the property offers a more peaceful setting while remaining conveniently located near some of Long Beach's most popular destinations, including Belmont Shore, Naples Island, Seal Beach Pier, Long Beach Airport, and the iconic Queen Mary. Modern design. Income flexibility. Expansion potential. Resort-style living. 5103 Peabody Street is a rare opportunity to own a move-in ready property with exceptional versatility and upside in Long Beach.
Location
Long Beach, Los Angeles County, CA 90808
Open on Google Maps ↗Listed by: JUSTIN CHU · CIRCA PROPERTIES, INC.
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$9,462
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $119,800 · Loan: $1,078,200
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $7,465
- Property tax (1.25%)
- $1,248
- Homeowners insurance
- $300
- Mortgage insurance
- $449
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 Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
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 $41,930 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 90808 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
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