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1007 Lewis Ave, Long Beach, CA, 90813

3beds
2baths
1,012sqft
$699,000
$691price/sqft
$4,842/moest. monthly cost
$193,680/yrincome needed

About This Home

This is an amazing Opportunity with FHA financing to own a well-maintained duplex featuring two units, 1007 Lewis Ave and 1009 Lewis Ave. The top unit at 1007 Lewis Ave. offers 2 Bedrooms, with an extra room that provides flexibility and is ideal for use as a home office, nursery, guest room or additional 3rd bedroom. The unit features fresh interior paint, a bright living space, and an outside washer & dryer area. The first floor unit at 1009 Lewis Ave. offers a, 1 Bedroom and 1 Bath unit, inside laundry, creating a practical layout. Both units have been refreshed, ceiling fans , counter tops & cabinets in kitchens & baths, tile and lovely wood laminate flooring. Outside there is a storage unit, security fence, and a shared backyard patio and entertaining area. This income-producing property is just minutes from the Hip East Village, Alamitos Beach, dining and public transportation. Walk to Medina's Bakery, La Bodega #2 for fresh meat, fruits and vegetables, Tacos at Chemas Place and fresh coffee and donuts at Tasty's and even a barber shop around the corner! Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this duplex presents an excellent opportunity. Both units will be delivered vacant. This will allow owner occupied in 1 unit and rent out the second unit with a new lease. Parking spaces for rent across the street at Colonia Tires and Auto Repair for $80/month.

Getting Around

92
WalkingWalker's Paradise
62
TransitGood Transit
82
BikeVery Bikeable

Schools

7/10
7/10
Polytechnic High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1919

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Fireplace features: None
  • Common walls with other units/homes: 1 Common Wall

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,012
  • Total interior livable area: 1,012 sqft

Property

Details

  • Parcel number: 7274009028
  • Attached to another structure: Yes
  • Lease amount: 0
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Front
  • Pool features: None
  • Spa features: None
  • Fencing: Wrought Iron
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 1,353 sqft
  • Features: Back Yard,Landscaped

Parking

  • Parking features: On Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,534$42,408
Home Insurance *$135$1,620
Property Taxes $775$9,300
Electricity $398$4,786
Total$4,842$58,104
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$166,011/yr
40% on housing$145,260/yr
45% on housing$129,120/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$691This listing

vs Other Active Listings

Avg $/sqft

ZIP 90813$365
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90813$602
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-13Price change$649,000
2026-07-24Listed for sale$699,000
2026-06-30Listing removed$2,295
2026-06-08Price change$2,295
2026-05-06Listed for rent$2,450
2023-06-27Sold$625,000
2023-06-23Pending sale$625,000
2023-05-23Contingent$625,000
2023-05-09Listed for sale$625,000
2017-03-21Sold$390,000
2017-02-21Pending sale$390,000
2017-02-10Listed for sale$390,000
2017-02-03Pending sale$390,000
2017-01-23Listed for sale$390,000
2009-09-10Sold$185,000
2009-06-27Listed for sale$199,000
2009-06-08Sold$100,000
2008-06-17Sold$331,075
2005-10-26Sold$475,000
2005-04-29Sold$7,500
2005-03-14Sold$329,000
2003-11-26Sold$236,000
2003-06-27Sold$210,000
2002-12-20Sold$130,000
2002-05-24Sold$114,220
1996-04-30Sold$83,000
1995-09-08Sold$118,986
1994-07-11Sold$145,000

For Sale by Agent

AgentAlan Fasnacht
BrokerageTeam Fasnacht Realty

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