Description

Seize this exceptional income-producing opportunity in the heart of Long Beach. This well-positioned multi-family property delivers immediate cash flow with the added advantage of significant rental upside — an investor's dream in one of Southern California's most dynamic rental markets. Fully tenant-occupied at acquisition, this property offers day-one income with room to grow. Below-market rents provide a clear path to increased returns as leases turn over, making this an ideal value-add play for both seasoned and first-time investors. Strategically located with easy access to major freeways, public transit, and the vibrant energy of Downtown Long Beach, the property benefits from consistently strong rental demand. Tenants enjoy walkable convenience to dining, shopping, entertainment, and employment centers — the kind of location that keeps units filled and turnover low.

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Property information

Property type

Residential Income

Sub-type

Quadruplex

Year built

1928

Living area

3,042 Sq Ft

Lot size

0.08 acres

Price / Sq Ft

$394

Days on market

114

Stories

2

Parcel number

7272002030

Features

Laundry

Outside

Lot

Irregular Lot

Community

Sidewalks

Sewer / Water

Public Sewer · Public