UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Eastside (Es)
MLS Listing ID PW26116112
HOA Y/N No
Year Built 1991
Lot Size 6,246 Sqft
Property Sub-Type Quadruplex
Property Description
The property generates $11,150 in total monthly gross income ($133,800 annually), comprised of $10,350 in residential rents and $800 in garage income across eight separately rented garage spaces. The varied unit mix appeals to a wide range of tenants, from small households to larger families — supporting strong occupancy and tenant retention. The utilities are separately metered for gas and electricity.
Select units include in-unit laundry hookups, and a new roof reduces near-term capital expenditure concerns for investors.
Located in one of Long Beach's most established and sought-after neighborhoods, this asset offers stable residential demand with convenient access to local shops, dining, parks, and major thoroughfares.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Interior
Interior Features Balcony, Ceiling Fan(s), Unfurnished
Heating Wall Furnace
Cooling None
Flooring Carpet, Laminate, Tile, Vinyl
Fireplaces Type None
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup, Inside
Exterior
Parking Features Assigned, Door-Single, Garage, On Site
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Urban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Accessibility None
Total Parking Spaces 8
Private Pool No
Building
Lot Description Rectangular Lot, Walkstreet, Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7254001023
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Trust
MORTGAGE CALCULATOR
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION