Long Beach, CA 90802,1209 E 1st Street
Long Beach, CA 90802,1209 E 1st Street
Long Beach, CA 90802,1209 E 1st Street
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$1,599,000
Est. payment /mo
4 Beds
3,452 SqFt
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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


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Bridge MLS
Listed by Tyson Storr • Buckingham Investments, Inc.

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1209 E 1st Street