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14 photos
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$1,075,000
Est. payment /mo
1 Bed
5,200 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25276740
Bedrooms 1
Lot Size 5,200 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
MOVE IN READY!!! Four units just 1.4 miles from the beach. This rare four unit property offers immediate move in readiness with strong long term upside. The property features four oversized one bedroom, one bath units, each with in unit laundry and garage parking in the rear. The upstairs units offer private balconies, while tenants also enjoy a massive front yard that presents future development potential, including possible ADU additions and garage conversions. Buyer to verify all development potential with the City of Long Beach. Recent capital improvements include a brand new roof, all new windows, and fresh interior and exterior paint, all completed in 2025 and interior finishes as seen in the photos. With the property delivered in its CURRENT CONDITION (See remarks), this property presents a rare blank canvas for an investor to renovate, reconfigure layouts if desired, and establish a tenant base of their choosing. The current status also offers a unique opportunity to position the asset to hedge against AB 1482 statewide rent control.
Location
State CA
County Los Angeles
Zoning Assessor
Direction E Anaheim St & Cherry Ave
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7261023006
Acceptable Financing Exchange
Listing Terms Exchange
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Listed by Daniel Gomez Younglewin Advisors, Inc.
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