1816 Oregon Avenue

Long Beach, CA 90806

  • 0 Bed(s)
  • 0 Bath(s)
  • 3,194 Sqft
  • 6674
    Sqft(Lot)
$1,149,900

Description

One of the best deals in wrigley! investor or owner-occupant opportunity



offered at an unbeatable $1,149,900, most of the recently remodeled units, move-in-ready 3-unit property in long beach is a gem for investors and owner-occupants. boasting an impressive 6% cap rate and the potential to generate over $100,800 in annual gross income, this property is a cash-flow dream. each of the two 2-bedroom units rents for $2,600, while the spacious 3-bedroom unit brings in $3,200—all at current market rates.



located just minutes from the beach, this property is primed for airbnb potential, offering even higher returns for short-term rentals. it’s fully remodeled with modern amenities and high-quality finishes, ensuring it's completely turnkey with no additional work needed—just start collecting rent from day one.



the property also includes 4 single-car garages, providing secure parking for tenants and potential for extra income. with the possibility for future development or conversion to an accessory dwelling unit (adu), the opportunities here are endless.



everything is separately metered (except water), keeping maintenance costs low for hassle-free ownership. don’t miss out on this rare chance to own a high-income-producing property in a prime long beach location. act fast—deals like this in wrigley don’t last long!

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    47373092

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Fireplace: None

    Cooling Features

    • None
    • Air Conditioning

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1961
    • Building Area Total: 3,194

    Pool Features

    • None

    Laundry Features

    • Washer Hookup,Gas Dryer Hookup

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1532
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 6674

  • Listing Price Information

    • Original List Price: 1,149,900
    • Listing Contract Date: 2024-07-02

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 7202030031

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Pending
    • Source Neighborhood: 5 - Wrigley Area
    • Postal Code Plus 4: 5233
    • Directions: .
    • Zoning: LBR1N
    • Source Property Type: Residential Income
    • Area: 5 - Wrigley Area
    • Property SubType: Triplex

    Building and Construction

    • Property Age: 64
    • Common Walls: No Common Walls
    • Structure Type: Triplex
    • Year Built Source: Public Records
    • Entry Level: 1
    • Entry Location: 1
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BuyOwner last updated this listing 02/22/2025 @ 11:57

  • MLS: PW24212754
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is recently sold, it has 3,194 sqft, 6,674 sized lot, and 4 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 90806, this Los Angeles County Home , it is in the Wrigley Area (WR) Subdivision, are nearby neighborhoods.