$1,750,000
About this home
Well-maintained 4-unit residential income property located in the desirable Eastside neighborhood of Long Beach. Built in 1991, the building offers 5,100 sq. ft. of living space on a 6,245 sq. ft. lot with a diverse unit mix comprised of — 2BR/1BA | 2BR/1BA | 4BR/2BA | 5BR/2BA ideal for maximizing rental income. The property generates $11,150 in total monthly gross income ($133,800 annually), comprised of $10,350 in residential rents and $800 in garage income across eight separately rented garage spaces. The varied unit mix appeals to a wide range of tenants, from small households to larger families — supporting strong occupancy and tenant retention. The utilities are separately metered for gas and electricity. Select units include in-unit laundry hookups, and a new roof reduces near-term capital expenditure concerns for investors. Located in one of Long Beach's most established and sought-after neighborhoods, this asset offers stable residential demand with convenient access to local shops, dining, parks, and major thoroughfares.
Facts & features
- Interior features
- Balcony, Ceiling Fans, Unfurnished
- Flooring
- Carpet, Laminate, Tile, Vinyl
- Fireplace
- None
- Heating
- Wall Furnace
- Cooling
- None
- Laundry
- Washer Hookup, Gas Dryer Hookup, Inside
- Levels
- Two
- Spa
- None
- Lot size
- 0.143 acres (6,245 sq ft)
- Pool
- None
- Year built
- 1991
- Parking
- Assigned, Door Single, Garage, On Site
- Parking spaces
- 8
- Area
- 3 - Eastside, Circle Area
- County
- Los Angeles
- Community features
- Urban
- Status
- Active
- Property type
- Quadruplex
- Days on market
- 1
- Listed
- 2026-05-30
- Terms
- Cash To New Loan
- Parcel #
- 7254001023
- MLS #
- PW26116112
