Long Beach, CA 90813,1070 N Loma Vista Drive
Long Beach, CA 90813,1070 N Loma Vista Drive
Long Beach, CA 90813,1070 N Loma Vista Drive
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,149,900
Est. payment /mo
6,673 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Willmore District (Wm)

MLS Listing ID NP26011210

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1919

Lot Size 6,673 Sqft

Property Sub-Type Quadruplex

Property Description

Located in a Qualified Opportunity Zone, this exceptional investment opportunity sits in the heart of Long Beach! This versatile 5-unit rental property offers a highly desirable layout and prime location, making it an easy-to-rent option for savvy investors or owner-occupants.
At the front of the expansive lot, a cozy 2-bedroom, 1-bath house greets you with its inviting character. The front house offers a private garage and a dedicated laundry area. Step inside to find a comfortable living space with plenty of potential to make it your own home, or use as the premier rental unit of the five offerings.
Behind the front house, you'll find four (4) additional 1-bedroom, 1-bath units, each with its own covered front porch—perfect for enjoying Long Beach's coastal breeze. One of these units was just beautifully remodeled and is now vacant, ready to welcome a new tenant or even a potential owner. The remodeled unit features wide plank light oak laminate flooring, custom built-in cabinetry in the living room, crisp white shaker kitchen cabinets, elegant quartz countertops, and stylish five-panel shaker doors. With new plumbing and abundant natural light, this unit stands out as a bright and modern living space, showcasing the possibilities with the remaining units.
Of the other four units, three are tenant-occupied, offering steady income from day one, and they come with great potential for updates to further increase investment value. Each unit has its own separate electric and gas meter, adding convenience for both tenants and management.
Situated on a spacious 6,674 sq. ft. lot, this property also boasts designation within the Historic District.
The location is unbeatable—just 1.5 miles from Shoreline Village, where you'll find a variety of dining and entertainment options. The iconic Queen Mary is only 2 miles away, and Drake Park, with its soccer fields, tennis courts, and playground, is within walking distance. Around the corner, you'll also discover the Historic Bembridge House, adding a touch of local charm and history to the neighborhood.
This property offers the perfect blend of modern updates, historic appeal, and prime location, making it a rare gem in Long Beach. Whether you're looking to grow your investment portfolio or secure a steady income stream, 1070 N Loma Vista Drive is a must-see. Don't miss this incredible opportunity!

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Interior

Interior Features Built-in Features, Open Floorplan, Quartz Counters, Stone Counters, Storage, All Bedrooms Down, Bedroom on Main Level, Galley Kitchen

Heating Electric, Natural Gas, Wall Furnace

Cooling None

Flooring Laminate, Tile, Wood

Fireplaces Type None

Fireplace No

Appliance Water Heater

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside

Exterior

Parking Features Driveway

Garage Spaces 1.0

Garage Description 1.0

Fence Chain Link

Pool None

Community Features Curbs, Park, Street Lights, Sidewalks, Urban

Utilities Available Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

View Y/N Yes

View Park/Greenbelt, Neighborhood, River, Trees/Woods

Total Parking Spaces 4

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Level or Stories One

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 7271021001

Security Features Smoke Detector(s),Window Bars

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

Virtual Tour https://drive.google.com/file/d/1z_Xe7YDqWB2tW3kYiQpX56dHUbuZWJZx/view?usp=sharing

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CRMLS – RECore
Listed by Devin Lucas Coldwell Banker Realty 949-478-1135

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