5220 Pacific, Long Beach, CA 90805
5220 Pacific, Long Beach, CA 90805
5220 Pacific, Long Beach, CA 90805
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,195,000
Est. payment /mo
7,535 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision North Long Beach (Nlb)

MLS Listing ID SB26098969

HOA Y/N No

Year Built 1963

Lot Size 7,535 Sqft

Property Sub-Type Quadruplex

Property Description

Great 4-plex in North Long Beach tucked on a tree lined street with 3,609 rentable square feet on a 7,534 square foot lot. Excellent unit mix with a front stand-alone 2 bed/1 bath house featuring new vinyl flooring along with laundry hookups in the kitchen plus two back town house style units (2 bed/1.5 bath and 2 bed/2 bath) and a 4th apartment (2 bed/1 bath). Strong in-place income with an 11.9 GRM and a 4.5% cap rate with a 19.4% upside to rents and a market cap rate of 5.9%. (4) separate garages for off-site parking, additional income, or ADU potential. The roof was replaced in 2025 and there were recent electrical upgrades to the main disconnect and service entrance.

Easy access to the 710 freeway being just blocks away. Less than a mile from Bixby Knolls dining and shopping. Walkable immediate neighborhood, just blocks from The Pan, CVS, and McDonald's, and other retail.

Location

State CA

County Los Angeles

Area 7 - North Long Beach

Interior

Interior Features Unfurnished

Heating Wall Furnace

Cooling None

Flooring Tile, Wood

Fireplaces Type Family Room

Fireplace Yes

Appliance Water Heater

Laundry In Kitchen

Exterior

Parking Features Door-Single, Garage

Garage Spaces 4.0

Garage Description 4.0

Fence Vinyl, Wood

Pool None

Community Features Suburban

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Composition

Accessibility None

Total Parking Spaces 8

Private Pool No

Building

Lot Description Rectangular Lot

Faces West

Story 2

Entry Level Two

Foundation Raised, Slab

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7132014019

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by Anthony Walker Buckingham Investments, Inc 310-561-4776, DRE #01908153

NEARBY SCHOOL & BUSINESS

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