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486 E AdairLong Beach, CA 90805

North Long Beach (NLB) · Los Angeles County

$1,539,000List price
2,800Sq Ft
1939Year built
0.14Acre lot
2Stories
4 months agoOn market

Description

(4) unit multi-family building in Long Beach, CA. The building features unit mix of (1) 3 Bed/1 Bath unit and (3) 1 Bed/1 Bath units stretching across 2,800+/- rentable square feet. This stabilized asset offers tremendous opportunity for 1031 exchange buyers looking to increase their cash flow on Day 1. Further, a substantial portion of Rental Income of rents secured by Section 8 Vouchers by Housing Assistant Long Beach Minimizing risk and providing reliable cash flow, so the uncertainty of future rent moratoriums will significantly reduce the likelihood of lost revenue. The property also includes on site Washer and dryer laundry. Total rental income Annually all 4 units $107,700.00 The building is in excellent condition, and all (4) units have been extensively remodeled with professional grade finishes. In addition, the gated entry ensures secured access to the property. The property is located within close proximity to many retail, dining, and entertainment options that greatly benefit the tenant mix. This is an investment with strong existing cash flow and minimal maintenance required which is add this solid asset to your rental portfolio. Sellers is Real Estate License in state of California. ALL OFFERS SUBJECT INTERIROR INSPECTION

Property Information

Property type
Residential Income
Sub-type
Triplex
Style
Cottage / Ranch
Year built
1939
Stories
2
Building area
2,800 Sq Ft
Lot size
0.14 acres
Days on market
148
MLS® Listing#
PW26096551

Property Features

Interior
Ceiling Fan(s)
Appliances
Dishwasher · Gas Range
Cooling
None
Heating
Electric
Flooring
Laminate
Fireplace
None
Pool
None
Parking
None
Laundry
Common Area
Lot features
Corner Lot
Construction
Asphalt · Lap Siding
Foundation
Concrete Perimeter
Roof
Asphalt
Community
Stable(s) · Sidewalks
Utilities
Electricity Available · Natural Gas Available
Sewer
Public Sewer
Water source
Public

Financial Details

HOA
None
Parcel number
7125015029

Directions

Off Atlantic to property

Listing Courtesy: Villa Real Estate Partners Inc - 7144678542

Presented by: Nhat Nguyen

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-04T00:00:00.000Z 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.

Licensed in the state of California.

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