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11 photos
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$1,599,000
Est. payment /mo
11 Beds
6 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25029958
Bedrooms 11
Property Sub-Type Res Income 2-4 Units
Property Description
Exceptional Investment Opportunity in Prime Long Beach Location! Low-maintenance property, ideal for both new and seasoned investors for adding to their real estate portfolio. This fourplex features 1 bedroom & 1 bath unit, 4 bedroom & 2 bath unit with garage, 3 bedroom & 2 baths unit with garage, and 3 bedroom & 1 bath unit, a well mixture of unit sizes to maximize the income possibility, and generating an impressive annual gross income of $132,000, boasting one of the most profitable fourplexes on the market. This property has undergone a remodel in 2021 with attention to detail to offer an added value to the property. Conveniently located close to stores, restaurants, public transportation, and easy access to the Pacific Coast Hwy and freeways, this is a property that delivers a perfect opportunity for immediate cash flow!
Location
State CA
County Los Angeles
Zoning Other
Direction South of Pacific Coast HWY / East of Cherry Avenue / North of E. 7th Street
Interior
Fireplace No
Exterior
Utilities Available Other/Remarks
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 7262010002
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Listed by Xinyao Ren Real Broker