Description
Discover an exceptional investment opportunity 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.
the other four units 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 a recently replaced roof, and 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 loma vista drive is a must-see. don’t miss this incredible opportunity!
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48259067
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Property Details
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Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Interior Features: Built-in Features,Open Floorplan,Quartz Counters,Stone Counters,Storage,All Bedrooms Down,Bedroom on Main Level,Galley Kitchen
- Property Appliances: Water Heater
- Fireplace: None
- Flooring: Laminate,Tile
Cooling Features
- None
- Air Conditioning
Heating Source
- Electric,Natural Gas,Wall Furnace
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
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Exterior Features
Building Information
- Year Built: 1919
- Building Area Total: 2,644
Foundation
- Slab
Security Features
- Smoke Detector(s),Window Bars
Pool Features
- None
Laundry Features
- Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,Inside
Fencing
- Chain Link
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1532
- Lot Size Source: Public Records
- Lot Size Square Feet: 6674
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Listing Information
Listing Price Information
- Original List Price: 1,299,900
- Listing Contract Date: 2024-11-24
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 7271021001
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Driveway
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Cable TV,Electricity,Gas,Telephone
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 4 - Downtown Area, Alamitos Beach
- Directions: From Anaheim Street turn South onto Daisy Ave, the West onto N Loma Vista Drive, property will be on the left.
- Source Property Type: Residential Income
- Area: 4 - Downtown Area, Alamitos Beach
- Property SubType: Quadruplex
Building and Construction
- Property Age: 106
- Common Walls: No Common Walls
- Property Condition: Updated/Remodeled
- Structure Type: Quadruplex
- Year Built Source: Public Records
- Entry Level: 1
- Entry Location: 1
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 01/18/2025 @ 05:08
- MLS: NP24251827
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 6 bedrooms which is for sale, it has 2,644 sqft, 6,674 sized lot, and 1 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Long Beach , in zip code 90813, this Los Angeles County Home , it is in the North Alamitos Beach Subdivision, are nearby neighborhoods.