Description
Sage real estate is proud to present 5536 e. daggett ave, a rare multifamily investment opportunity in the highly sought-after los altos neighborhood of long beach (90815). surrounded primarily by single-family homes with an average sales price of $1,100,000, this property stands out as one of the few fourplexes in the area. out of the 2,848 fourplexes in long beach, only 5% are located in this zip code, and no similar property has sold in this part of los altos in over five years.
at 5,135 square feet, this is one of the largest fourplexes in long beach. this well-maintained four-unit building features spacious 2-bedroom, 2-bathroom units, each approximately 1,075 sq. ft. additionally, a brand-new adu offers 1 bedroom, 1 bathroom, and 835 sq. ft. of living space, and will be delivered vacant at closing, providing an excellent opportunity for owner occupancy or additional rental income. the current rental income from the four occupied units is $2,178, $2,500, $1,955, and $1,383 per month, with additional income potential from the adu.
unit 3, considered the **owner’s unit**, features air conditioning for added comfort. two of the units have in-unit washer/dryer hookups, while the remaining three share a common area laundry. all units are upgraded with dual-pane windows. heating systems vary by unit, with most featuring efficient heat pumps, while unit 4 is equipped with radiant heat.
the property is equipped with all-new electrical main panels, four garages, and rv parking. with strong rental demand, immediate cash flow, and long-term appreciation potential, this is an exceptional investment opportunity in one of long beach’s most desirable neighborhoods.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48959429
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Cooling Features
- Central Air
- Air Conditioning
Heating Source
- Heat Pump
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1963
- Building Area Total: 5,135
Pool Features
- None
Laundry Features
- Common Area,See Remarks
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1451
- Lot Size Source: Assessor
- Lot Size Square Feet: 6319
-
Listing Information
Listing Price Information
- Original List Price: 2,200,000
- Listing Contract Date: 2025-03-07
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 7225008006
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Pending
- Source Neighborhood: 34 - Los Altos, X-100
- Directions: East of Bellflower, South of Stern, North of Atherton Ave.
- Zoning: LBR4R
- Source Property Type: Residential Income
- Area: 34 - Los Altos, X-100
- Property SubType: Quadruplex
Building and Construction
- Property Age: 62
- Common Walls: No Common Walls
- Structure Type: Quadruplex
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 04/12/2025 @ 07:34
- MLS: PW25047352
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is recently sold, it has 5,135 sqft, 6,319 sized lot, and 4 parking. are nearby neighborhoods.