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$ 1,499,000
Est. payment | /mo
11 Beds
3,658 SqFt
$ 1,499,000
Est. payment | /mo
11 Beds
3,658 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,658 sqft
Price per Sqft $409
MLS Listing ID CROC25029958
Bedrooms 11
HOA Y/N No
Year Built 1963
Lot Size 3,250 Sqft
Acres 0.07
Property Sub-Type Quadruplex
Property Description
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!
Location
State CA
County Los Angeles
Zoning LBR1
Interior
Heating Natural Gas
Cooling No Air Conditioning
Flooring Laminate
Fireplace No
Laundry No Hookups
Exterior
Exterior Feature Other
Utilities Available Other Water/Sewer
Total Parking Spaces 2
Building
New Construction No
Others
Tax ID 7262010002
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Listed by Xinyao Ren • Real Broker
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "