Description
This large 3 building campus of a 4 unit property is one block north of downtown long beach and alamitos beach. one 5 bed/1 bath house, one 4 bed/2 bath house, and two 3 bed/1 bath apartments on a 6483 square foot lot. lowest grm and best income 4 unit for sale in the whole city of long beach at 11.8x grm on actuals and 11.4x grm on market rents, and is only 8 blocks to the beach and pacific ocean. low expense property separately metered for gas and electric. well maintained and professionally managed in a dense, high demand rental market. the property is close to st mary's hospital and long beach community college plus numerous other job centers in the area. per costar, 61% of households within a 5 mile radius are renters with an average household income of over $98,000.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
49131839
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Composition,Flat
- Property Appliances: Gas Oven,Gas Range
- Fireplace: None
- Flooring: Laminate,Tile
Cooling Features
- None
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1922
- Building Area Total: 3,498
- Construction: Stucco
- Roof: Composition,Flat
Accessibility Features
- None
Pool Features
- None
Laundry Features
- None
Fencing
- Block,Wood,Wrought Iron
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1488
- Lot Size Source: Assessor
- Lot Size Square Feet: 6483
-
Listing Information
Listing Price Information
- Original List Price: 1,450,000
- Listing Contract Date: 2025-03-06
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 7267025031
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: None
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas,Trash Collection
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 3 - Eastside, Circle Area
- Postal Code Plus 4: 6611
- Directions: East side of Alamitos, between 7th and 10th.
- Zoning: LBR4N
- Source Property Type: Residential Income
- Area: 3 - Eastside, Circle Area
- Property SubType: Quadruplex
Building and Construction
- Property Age: 103
- Common Walls: 1 Common Wall
- Structure Type: Quadruplex
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 04/04/2025 @ 15:49
- MLS: SB25066385
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 15 bedrooms which is for sale, it has 3,498 sqft, 6,483 sized lot, and 0 parking. are nearby neighborhoods.