Active
$1,499,995
4 Units
9 Beds
5 Baths
n/a Area(sq.ft.)
Lot: 7,405 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 2 | $ 2,852 | $ 2,852 | n/a | |
| Unit 2 | 1 | 2 | 1 | $ 1,972 | $ 1,972 | n/a | |
| Unit 3 | 1 | 2 | 1 | $ 2,081 | $ 2,081 | n/a | |
| Unit 4 | 1 | 2 | 1 | $ 2,134 | $ 2,134 | n/a | |
| 4 | 9 | 5 | $ 9,039 | $ 9,039 | $ 0 |
| MLS #: | 250030572SD |
| Days On Market: | 175 |
| Listing Date: | June 13, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per unit: | $ 374,999 |
| Year Built: | 1965 |
Property Details
Turn Key 4 Unit Investment Opportunity in North Long Beach! Don t miss this exceptional opportunity to own a fully occupied, income producing 4 unit property in the heart of North Long Beach. This well maintained complex features one spacious 3 bedroom, 2 bath unit and three 2 bedroom, 1 bath units, making it ideal for both seasoned investors and owner-occupants seeking rental income. Each unit includes its own single car detached garage, while the 3 bedroom unit offers a 2 car detached garage. The property also includes on site coin operated laundry, providing convenient additional revenue. This is a true turn key investment with strong existing cash flow and minimal maintenance required. Live in one unit and rent out the others, or add this solid asset to your rental portfolio. Please do not disturb tenants. All offers subject to interior inspection.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Total Annual Expense: | $ 14,693 |
| Net Operating Income: | $ 95,347 |
| Cap Rate: | 6.36% |
| Gross Rent Multiplier: | 13.63 |
Structure
| Levels: | Two |
| Complex Name: | Long Beach |
| Security Features: | Other |
| Sewer: | Sewer Connected |
Land & Parking
| Zoning: | LBR1N |
Interior
| AC/Cooling: | Wall/Window |
| Heating: | Forced Air |
Exterior
| Pool: | No |
| Spa: | No |
Detailed Map
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Income
