Located in Long Beach’s Wrigley neighborhood—an area benefiting from ongoing city investment and revitalization—251 E Nevada St presents a rare opportunity to own a large, income-generating fourplex with solid functionality and strong long-term upside.While legally recorded as a 7-bedroom, 6-bathroom building, the property is currently configured as 9 bedrooms and 6 bathrooms across four spacious units: one 3-bedroom, 2-bath unit; two 2-bedroom, 2-bath units; and one 2-bedroom, 1-bath unit. With approximately 4,651 square feet of interior space, each unit offers larger layouts than typically found in this segment of the market.This added bedroom and square footage advantage supports stronger rents compared to similarly sized buildings—an appealing benefit for investors focused on maximizing return. Each unit is assigned a garage, and the property sits on a well-kept lot in a high-demand rental corridor.Whether you're seeking in-place cash flow, a value-add opportunity, or a solid 1031 exchange target, 251 E Nevada offers the scale and flexibility rarely found in this price range.
|
DAYS ON MARKET
|
40
|
LAST UPDATED
|
4/2/2025
|
|
TRACT
|
Wrigley Area (WR)
|
YEAR BUILT
|
1968
|
|
COMMUNITY
|
Wrigley Area
|
GARAGE SPACES
|
5.0
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AREA |
Wrigley Area |
| GARAGE |
Yes |
| HOA DUES |
0 |
| LOT |
6429 sq ft |
| LOT DESCRIPTION |
2-5 Units/Acre |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| STYLE |
Traditional |
| SUBDIVISION |
Wrigley Area (WR) |
| ZONING |
LBR2N |
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Listed with Keller Williams Realty
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 5/12/25 10:29 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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