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Sold for $1,250,000 on 04/18/25
  • Listing Provided by: 

    Vibhor Vineet DRE #02098451 5624054854,

    Nanda Realty Inc.

    Bought with: Nanda Realty Inc.
    $1,250,000

    3400 E Andy St, Long Beach, CA 90805

    9beds
    8baths
    5,175sqft
    Quadruplex
    Built in 1963
    -- sqft lot
    $1,453,100 Zestimate®
    $242/sqft
    $2,419 Estimated rent

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    What's special

    A Prime Investment Opportunity in the heart of Long Beach. This exceptional multi-family property, located at 3400 E Andy Street in Long Beach, presents a lucrative investment opportunity. Well-maintained building that encompasses four spacious townhouse-style units, totaling approximately 5,175 square feet of living space on a 5,643 square foot lot. The complex includes one (1) 3-bedrooms + 1.5 baths unit and three (3) 2-bedrooms + 1.5 bath units. Each unit offers generous living areas of approximately 1,300 square feet. The property is generating a whopping $7575 gross rent per month. All the apartments feature in-unit laundry hookups with private patios and balcony, enhancing tenant convenience and appeal. The townhouse-style layout provides a desirable living arrangement, offering tenants a sense of privacy and space. The property has easy access to shopping (1 mile from Lakewood Mall), grocery, hospital (walking distance), schools and freeway. Situated in a sought-after rental area, this property has a history of strong occupancy rates. The combination of spacious units, in-demand amenities, and prime location makes it an attractive option for investors seeking long-term steady passive rental income and potential appreciation.

    Zillow last checked: 7 hours ago

    Listing updated: April 18, 2025 at 01:16pm

    Listing Provided by:

    Vibhor Vineet DRE #02098451 5624054854,

    Nanda Realty Inc.

    Bought with:

    Vibhor Vineet, DRE #02098451

    Nanda Realty Inc.

    Source: CRMLS,MLS#: RS25029580MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 8
    Bedroom
    • Features: All Bedrooms Up
    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Washer Hookup, Electric Dryer Hookup
    Features
    • Balcony, All Bedrooms Up
    • Flooring: Laminate, Tile, Vinyl
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 5,175
    • Total interior livable area: 5,175 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Assigned
    • Garage spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Level 1
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 5,643 sqft
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 7121009027
    • Zoning: LBR4R
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1963

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs, Urban
    Location
    • Region: Long Beach
    • Subdivision: North Long Beach (Nlb)

    HOA & financial

    Other financial information
    • Total actual rent: 5575

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional
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    Estimated market value
    $1,453,100