Prime 4-Unit income property near the beach featuring four spacious 1-bedroom, 1-bathroom units just steps from the sand in the thriving Long Beach market. Separate free standing 2-car garage in the back with sewer line that runs directly under allowing for a convenient conversion into a 2 bed 1 bath… Read More ADU(open parking available at end of driveway). GRM on market rents of 14.5X, 11.6X after ADU conversion. Three units recently remodeled. All units are 800 sqft+ and have their own laundry room A great option for a savvy investor looking to buy and hold in a prime location with the potential to greatly increase income with the addition of the ADU. Read Less
Property listed by Buckingham Investments, Inc., Tyson Storr 4242122321
Listing Snapshot
Days Online
1
Last Updated
Property Type
Quadruplex
Lot Size
0.12 Acres
Year Built
1912
MLS Number
IN25193325
30 Days Snapshot Of 90802
$558k
-13%
(avg) sold price
33
+3%
homes sold
104
-6%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1912, Building area total: 3,452, 1 building, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
Biking, Golf, WaterSports
Expenses
Electric expense: $1,641, Insurance expense: $3,107, Operating expense: $27,757, Water sewer expense: $1,641
Based on information from California Regional Multiple Listing Service, Inc. as of 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.
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