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With its established rental history and high-demand location, this high-performing multifamily asset presents a rare opportunity in one of Long Beach’s most sought-after areas. This well-maintained four-unit property features three spacious one-bedroom units and one two-bedroom, two-bathroom townhouse with a balcony, fireplace, enclosed patio, and in-unit laundry. All units are separately metered for gas and electricity. Parking is convenient with four attached garages featuring automatic openers, plus four additional off-street spaces. Ideally situated near Cal State Long Beach, shopping centers, freeways, and Downtown Long Beach, the property benefits from strong rental demand and low vacancy rates. As part of a gated courtyard community with three identical buildings on separate parcels, it offers both stability and long-term growth potential. Don’t miss this exceptional investment opportunity.
Property Type(s):
Residential Income
| Last Updated | 3/4/2025 | Year Built | 1963 |
|---|---|---|---|
| Community | Eastside, Circle Area | Garage Spaces | 4.0 |
| County | Los Angeles |
Price History
| Prior to Jan 29, '25 | $1,750,000 |
|---|---|
| Jan 29, '25 - Mar 4, '25 | $1,600,000 |
| Mar 4, '25 - Today | $1,300,000 |
Additional Details
| AREA | Eastside, Circle Area |
|---|---|
| GARAGE | Yes |
| LOT | 2196 sq ft |
| LOT DESCRIPTION | Garden, Landscaped, Near Public Transit, Street Level |
| POOL | Yes |
| POOL DESCRIPTION | Community |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
Location
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Listed with Keller Williams South Bay
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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