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11 photos
Additional details
$1,800,000
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25029958
Originating Board California Regional MLS
Year Built 1963
Lot Size 3,250 Sqft
Property Sub-Type Fourplex
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
Area 3 - Eastside, Circle Area
Rooms
Kitchen None
Interior
Heating Gas
Cooling None
Flooring Laminate
Laundry None
Exterior
Parking Features No Parking
Garage Spaces 2.0
Pool None
Others
Tax ID 7262010002
Special Listing Condition Not Applicable
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Listed by Xinyao Ren • Pinnacle Real Estate Group