6535 Downey
Long Beach, CA, 90805
$799,800
MLS: SR26042149
Beds
4
Baths
3
Sq Ft
2,082
Lot
0.14 ac
Year Built
1949
MLS #
SR26042149
Days on Market
21
Listed
Feb 26, 2026
Description
Discover this exceptional income property and multi-generational opportunity in vibrant North Long Beach! This turnkey, fully remodeled single-family residence offers 4 bedrooms, 3 bathrooms, and 2,082 sq ft of living space on a spacious 6,050 sq ft lot (built 1949, completely updated 2019). The front home features 3 bedrooms and 2 baths in approximately 1,082 sq ft of modern, open-concept living. Step inside to gorgeous wood flooring, fresh paint, energy-efficient double-insulated windows (2023), a 2021 roof, and a chef-ready kitchen boasting quartz countertops, custom Home Depot cabinetry with lifetime warranty, newer LG stainless-steel appliances (gas range, refrigerator, washer/dryer included), tile backsplash, and convenient indoor laundry room. The open living/dining area shines with a brick accent wall, exposed beams, ceiling fans, and abundant natural light. Relax in the spacious primary suite with private bath, or enjoy the covered patio and expansive yard spaces perfect for entertaining. Best of all: An existing rear structure provides additional living quarters (approx. 1,000 sq ft, configured as 1 bed/1 bath), creating immediate rental income potential or separate space for extended family. Plus, previously approved blueprints allow conversion of the garage into a permitted 2-bedroom/1-bath ADU (adding even more sq ft and value)—ideal for investors or multi-generational buyers! Recent updates include 2022-2023 water heaters for peace of mind. Located in sought-after North Long Beach, close to schools, parks, hospitals, freeways, shopping, and beaches—this Long Beach home for sale combines modern upgrades, ADU potential, and strong investment appeal. Move-in ready and perfect for generating rental income or accommodating multi-generational living. Don't miss this rare gem!
Location
Long Beach, Los Angeles County, CA 90805
Open on Google Maps ↗Listed by: Jose Schnaider · Keller Williams Hollywood Hills
Payment estimate
$5,856
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $79,980 · Loan: $719,820
- Principal & Interest
- $4,423
- 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 $27,993 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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