New Listing
Description
Rare Opportunity to Own an updated 4-Unit Investment Property Less Than a Mile from the Beach! Ideally situated between North Alamitos Beach and Rose Park South, this well-maintained and low-maintenance fourplex offers an exceptional opportunity for anyone looking to own income property. Located just minutes from Shoreline Village, with lots of dining options, entertainment, shopping, and all that coastal Long Beach has to offer. The property consists of three spacious 2-bedroom, 2-bath units and one 1-bedroom, 1-bath unit. Each residence features its own private carport and dedicated laundry room with washer and dryer hookups, providing tenants with the convenience and privacy rarely found in comparable properties. Additional storage throughout the property further enhances its desirability. One of the most attractive features is the flexibility this property provides. Two of the units are expected to be delivered vacant at the close of escrow, allowing the new owner the opportunity to select their own tenants and establish current market rents from day one. Whether you're looking to maximize cash flow immediately or occupy one unit while leasing the others, this property offers tremendous upside. With its upgraded condition, low-maintenance design, excellent unit mix, and prime location between North Alamitos Beach and Rose Park South, this is a rare investment opportunity in one of Long Beach's most desirable coastal neighborhoods.
Details
| MLS # | RS26183158 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Coming Soon |
| Year | 1964 |
| Listing Provided By | Coldwell Banker Envision | Maria Palacios |
Features
| SQ Feet | 3,726 |
|---|---|
| Car Port | Yes |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.08 |
Exterior
| Lot Features | Paved |
|---|
Parking
| Parking Features | Carport |
|---|---|
| Garage Yes / No | No |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Curbs |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90802 |
| Area | 4 Downtown Area | Alamitos Beach |
| Community Name | Alamitos Beach (AB) |
| Listing VS Median (in Alamitos Beach (AB)) | |
Price: $1,675,000 low | high Med: $1,700,000 sqft: 3,726 low | high Med: 5,016 $ / sqft: $450 low | high Med: $339 On site: -2 low | high Med: 71 | |
Market Activity 90802
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90802 |
| Area | 4 Downtown Area | Alamitos Beach |
| Community Name | Alamitos Beach (AB) |
| Listing VS Median (in Alamitos Beach (AB)) | |
Price: $1,675,000 low | high Med: $1,700,000 sqft: 3,726 low | high Med: 5,016 $ / sqft: $450 low | high Med: $339 On site: -2 low | high Med: 71 | |
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