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Sheila Dadashzadeh

[email protected] +1(858) 375-6785

$1,199,999

Est. payment - /mo

8 Beds

4 Baths

4,806 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

Subdivision North Long Beach (Nlb)

MLS Listing ID DW26145351

Bedrooms 8

Lot Size 4,806 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Great investment opportunity in Long Beach! This upgraded quadplex offers strong income potential with an approximate **7% cap rate** and **one unit currently vacant**, creating an ideal option for an owner-user or investor looking to place a new tenant at market rent. The property features **four total units**, with the remaining units occupied and income-producing. Recent improvements include an updated exterior, refreshed interiors in select units, modern finishes, and clean curb appeal. Each unit has dedicated parking, adding convenience and value for tenants. With solid rental income, recent upgrades, and upside potential through the vacant unit, this property is a great addition to any rental portfolio. Along with Community Laundry. Buyer to verify all rents, expenses, cap rate, permits, unit mix, and property details.

Location

State CA

County Los Angeles

Zoning Public Rec

Direction 56th & Orange

Interior

Heating Radiant

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 7128013003

Acceptable Financing Conventional, FHA, VA

Listing Terms Conventional, FHA, VA

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Listed by Christina Mercado, DRE#02074083 Circle Real Estate

Nearby School & Business

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Sheila Dadashzadeh

+1(858) 375-6785

Agent | CA BRE #01835591

Agent CA BRE #01835591

San Diego Communities

1216 E 56th Long Beach, CA 90805

Sheila Dadashzadeh

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information