Exceptional Investment Opportunity in Prime Long Beach Location! Low-maintenance property, ideal for both new and seasoned investors for adding to their real estate portfolio. This fourplex features 1 bedroom & 1 bath unit, 4 bedroom & 2 bath unit with garage, 3 bedroom & 2 baths unit with garage, and 3 bedroom & 1 bath unit, a well mixture of unit sizes to maximize the income possibility, and generating an impressive annual gross income of $132,000, boasting one of the most profitable fourplexes on the market. This property has undergone a remodel in 2021 with attention to detail to offer an added value to the property. Conveniently located close to stores, restaurants, public transportation, and easy access to the Pacific Coast Hwy and freeways, this is a property that delivers a perfect opportunity for immediate cash flow!
|
DAYS ON MARKET
|
67
|
LAST UPDATED
|
4/8/2025
|
|
YEAR BUILT
|
1963
|
COMMUNITY
|
Eastside, Circle Area
|
|
GARAGE SPACES
|
2.0
|
COUNTY
|
Los Angeles
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
|
Prior to Apr 8, '25
|
$1,800,000
|
| Apr 8, '25 - Today |
$1,699,000 |
| AIR |
None |
| AREA |
Eastside, Circle Area |
| FIREPLACE |
Yes |
| GARAGE |
None, Yes |
| HEAT |
Natural Gas |
| LOT |
3250 sq ft |
| LOT DESCRIPTION |
0-1 Unit/Acre |
| PARKING |
None |
| POOL DESCRIPTION |
None |
| SEWER |
Other |
| STORIES |
2 |
| UTILITIES |
Electricity Available,Natural Gas Available,Other,Sewer Connected,Water Connected, Electric: Electricity - On Property |
| WATER |
Other |
| ZONING |
LBR1N |
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Listed with Pinnacle Real Estate Group
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 4/21/25 5:48 PM 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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