1209 E 1st Street Active Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90802
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,452 sqft
Price per Sqft $463
MLS Listing ID CRIN25193325
Bedrooms 4
HOA Y/N No
Year Built 1912
Lot Size 5,029 Sqft
Acres 0.12
Property Sub-Type Quadruplex
Property Description
Prime 4-Unit income property near the beach featuring four spacious 1-bedroom, 1-bathroom units just steps from the sand in the thriving Long Beach market. Separate free standing 2-car garage in the back with sewer line that runs directly under allowing for a convenient conversion into a 2 bed 1 bath ADU(open parking available at end of driveway). GRM on market rents of 14.5X, 11.6X after ADU conversion. Three units recently remodeled. All units are 800 sqft+ and have their own laundry room A great option for a savvy investor looking to buy and hold in a prime location with the potential to greatly increase income with the addition of the ADU.
Location
State CA
County Los Angeles
Zoning LBR4
Interior
Fireplace No
Laundry Gas Dryer Hookup,Other
Exterior
Exterior Feature Other
Total Parking Spaces 4
Building
New Construction No
Others
Tax ID 7265011023