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For sale
  • Listing Provided by: 

    Cody Charnell DRE #01950585 562-896-3851,

    Sage Real Estate Group, Inc.

    $1,799,000

    1845 Maine Ave, Long Beach, CA 90806

    --beds
    --baths
    4,690sqft
    : 
    Multi Family
    Built in 1923
    -- sqft lot
    $-- Zestimate®
    $384/sqft
    $-- HOA

    What's special

    Four garage spaces
    Great investment opportunity in the Wrigley neighborhood of Long Beach! This 12-unit property offers 30%+ upside in rental income and is surrounded by primarily single-family homes, making street parking more accessible. The property includes four garage spaces, providing potential for ADU conversions to increase cash flow. Three units can be delivered vacant at close of escrow. Additional income streams include an on-site coin-operated laundry room. There is potential to implement RUBS to further boost cash flow. Priced competitively at $149,917 per unit, this is an excellent value in a strong rental market. Don't miss out on this high-potential asset!
    91 days
    on Zillow
    |
    54
    |
    1
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 05, 2025 at 05:56am

    Listing Provided by:

    Cody Charnell DRE #01950585 562-896-3851,

    Sage Real Estate Group, Inc.

    Source: CRMLS,MLS#: PW25059042MLS LogoOriginating MLS: California Regional MLS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1845 Maine Ave.

    Next available tour time:Today at 3pm

    Facts & features

    Interior

    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 4,690
    • Total interior livable area: 4,690 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 4
    Features
    • Entry location: Courtyard
    • Pool features: None
    Lot
    • Size: 7,173 Square Feet
    • Features: 11-15 Units/Acre
    Details
    • Parcel number: 7202030039
    • Zoning: LBR1N
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1923

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs
    Location
    • Region: Long Beach

    Financial & listing details

    • Price per square foot: $384/sqft
    • Date on market: 3/20/2025
    • Listing terms: Cash,Cash to New Loan
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