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67 photos
Additional details
$2,200,000
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,135 sqft
Price per Sqft $428
MLS Listing ID CRPW25059279
Bedrooms 8
Full Baths 8
Originating Board California Regional MLS
Year Built 1963
Lot Size 6,319 Sqft
Property Sub-Type Fourplex
Property Description
Sage Real Estate is proud to present 5536 E. Daggett Ave, a rare multifamily investment opportunity in the highly sought-after Los Altos neighborhood of Long Beach (90815). Surrounded primarily by single-family homes with an average sales price of $1,100,000, this property stands out as one of the few fourplexes in the area. Out of the 2,848 fourplexes in Long Beach, only 5% are located in this zip code, and no similar property has sold in this part of Los Altos in over five years. At 5,135 square feet, this is one of the largest fourplexes in Long Beach. This well-maintained four-unit building features spacious 2-bedroom, 2-bathroom units, each approximately 1,075 sq. ft. Additionally, a brand-new ADU offers 1 bedroom, 1 bathroom, and 835 sq. ft. of living space, and will be delivered vacant at closing, providing an excellent opportunity for owner occupancy or additional rental income. The current rental income from the four occupied units is $2,178, $2,500, $1,955, and $1,383 per month, with additional income potential from the ADU. Unit 3, considered the **owner's unit**, features air conditioning for added comfort. Two of the units have in-unit washer/dryer hookups, while the remaining three share a common area laundry. All units are upgraded with dual-pane windows.
Location
State CA
County Los Angeles
Area 34 - Los Altos, X-100
Zoning LBR4R
Interior
Heating Heat Pump
Cooling Central AC
Fireplaces Type None
Laundry Laundry Area
Exterior
Parking Features Assigned Spaces
Garage Spaces 4.0
Pool 31, None
View None
Building
Water District - Public
Others
Tax ID 7225008006
Special Listing Condition Not Applicable
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Listed by Juan Huizar • Sage Real Estate Group, Inc.