Description
Located in long beach’s wrigley neighborhood—an area benefiting from ongoing city investment and revitalization—251 e nevada st presents a rare opportunity to own a large, income-generating fourplex with solid functionality and strong long-term upside.
while legally recorded as a 7-bedroom, 6-bathroom building, the property is currently configured as 9 bedrooms and 6 bathrooms across four spacious units: one 3-bedroom, 2-bath unit; two 2-bedroom, 2-bath units; and one 2-bedroom, 1-bath unit. with approximately 4,651 square feet of interior space, each unit offers larger layouts than typically found in this segment of the market.
this added bedroom and square footage advantage supports stronger rents compared to similarly sized buildings—an appealing benefit for investors focused on maximizing return. each unit is assigned a garage, and the property sits on a well-kept lot in a high-demand rental corridor.
whether you're seeking in-place cash flow, a value-add opportunity, or a solid 1031 exchange target, 251 e nevada offers the scale and flexibility rarely found in this price range.
Property Type
Residential IncomeCounty
Los AngelesStyle
TraditionalAD ID
49203794
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Property Details
-
Interior Features
Water/Sewer
- Sewer : Public Sewer
Interior Features
- Roof : Composition
-
Exterior Features
Building Information
- Year Built: 1968
- Building Area Total: 4,651
- Roof: Composition
Pool Features
- None
Laundry Features
- Common Area
Fencing
- Block,Security
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1476
- Lot Size Source: Assessor
- Lot Size Square Feet: 6429
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Listing Information
Listing Price Information
- Original List Price: 1,399,000
- Listing Contract Date: 2025-03-28
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 7208011028
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 5 - Wrigley Area
- Postal Code Plus 4: 3063
- Directions: from 710 exirt willow east. R on Earl, L on E Nevada, Buildings on the left
- Zoning: LBR2N
- Source Property Type: Residential Income
- Area: 5 - Wrigley Area
- Property SubType: Quadruplex
Building and Construction
- Property Age: 57
- Common Walls: 1 Common Wall
- Structure Type: Quadruplex
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: Front
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 04/05/2025 @ 01:31
- MLS: IG25071699
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 9 bedrooms which is for sale, it has 4,651 sqft, 6,429 sized lot, and 5 parking. are nearby neighborhoods.