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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,675,000

Est. payment - /mo

3,676 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Alamitos Beach (Ab)

MLS Listing ID RS26183158

HOA Y/N No

Year Built 1964

Lot Size 3,676 Sqft

Property Sub-Type Quadruplex

Property Description

Rare Opportunity to Own an updated 4-Unit Investment Property Less Than a Mile from the Beach!

Ideally situated between North Alamitos Beach and Rose Park South, this well-maintained and low-maintenance fourplex offers an exceptional opportunity for anyone looking to own income property. Located just minutes from Shoreline Village, with lots of dining options, entertainment, shopping, and all that coastal Long Beach has to offer.

The property consists of three spacious 2-bedroom, 2-bath units and one 1-bedroom, 1-bath unit. Each residence features its own private carport and dedicated laundry room with washer and dryer hookups, providing tenants with the convenience and privacy rarely found in comparable properties. Additional storage throughout the property further enhances its desirability.

One of the most attractive features is the flexibility this property provides. Two of the units are expected to be delivered vacant at the close of escrow, allowing the new owner the opportunity to select their own tenants and establish current market rents from day one. Whether you're looking to maximize cash flow immediately or occupy one unit while leasing the others, this property offers tremendous upside.

With its upgraded condition, low-maintenance design, excellent unit mix, and prime location between North Alamitos Beach and Rose Park South, this is a rare investment opportunity in one of Long Beach's most desirable coastal neighborhoods.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Interior

Fireplace No

Laundry Inside

Exterior

Parking Features Carport

Pool None

Community Features Curbs

Total Parking Spaces 4

Private Pool No

Building

Lot Description Paved

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7266023005

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Maria Palacios Coldwell Banker Envision 562-883-1003, DRE #01378393

NEARBY SCHOOL & BUSINESS

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1805 E 6th Long Beach, CA 90802