For sale
  • Listing Provided by: 

    Tyson Storr DRE #02179872 4242122321,

    Buckingham Investments, Inc.

    $1,599,000

    1209 E 1st St, Long Beach, CA 90802

    4beds
    --baths
    3,452sqft
    : 
    Quadruplex
    Built in 1912
    -- sqft lot
    $1,576,300 Zestimate®
    $463/sqft
    $-- HOA

    What's special

    Steps from the sandOwn laundry room
    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.
    46 days
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    254
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    13
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