PRICE $1,990,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 5,016 sqft
LOT SIZE 7,789 sqft

Great opportunity to own a great income producing 5-units investment property in the center of Long Beach, CA! Tax record shows as 4 units but currently has 5 units. This 2 building property sits on a huge 7,790 SF lot and 5,016 SF living area. Property has (4) 2 bedrooms/1baths units and a separate (1) 3 bedroom/2 baths fully remodeled unit in the back above 6 garages. All 6 garages are rented out by tenants. Property is managed by property management company. It has low yearly operating expenses and high net income. Rents are below market with 4 units eligible for rental increase June and September 2025, and another unit in May 2027. Property is located in Central area of Long Beach, close to eateries, markets and schools.

DAYS ON MARKET 26 LAST UPDATED 4/15/2025
YEAR BUILT 1925 COMMUNITY Not Defined
GARAGE SPACES 6.0 COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AREA Not Defined
GARAGE Yes
HOA DUES 0
LOT 7790 sq ft
LOT DESCRIPTION 0-1 Unit/Acre
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
WATER Public
ZONING LBR2N
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with RE/MAX College Park Realty

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Based on information from California Regional Multiple Listing Service, Inc. as of 5/11/25 6:45 AM PDT 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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