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.
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
Owner options
What's special
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#: RS25029580
Originating 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
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,453,100