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Listed by Gevork Jabakchurian • Luxury Collective
$1,950,000
Est. payment /mo
4,122 SqFt
UPDATED:
12/13/2024 06:29 AM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,122 sqft
Price per Sqft $473
MLS Listing ID CRSR24196361
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1964
Lot Size 5,995 Sqft
Property Description
This well-maintained 4-unit property is a prime investment opportunity, located just minutes from the beach in the vibrant city of Long Beach, CA. Less than a 10-minute drive to the shoreline, this property offers convenience, great rental income, and modern living. All units are currently occupied and generating strong rental income at market rates, making it an ideal investment with immediate cash flow potential. The property has been well cared for, with all units in excellent condition. The detached 3 bed, 2 bath unit comes with its own private yard, perfect for added privacy and outdoor enjoyment. Tenants will also appreciate the ample parking, with a total of 6 parking spaces available. The lot also has additional space to put storage units which can be rented out to tenants for additional monthly income. Whether you're looking to expand your investment portfolio or secure a high-demand rental property in a desirable location, this multi-unit gem checks all the boxes. Don't miss out on this rare opportunity!
Location
State CA
County Los Angeles
Interior
Heating Natural Gas
Cooling Wall/Window Unit(s)
Flooring Laminate, Vinyl
Fireplace No
Laundry Common Area, Laundry Room
Exterior
View None
Building
Lot Description Other
Water Public
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James Dye
Broker Associate | License ID: 00897803
Broker Associate License ID: 00897803