Welcome to Long Beach, a prime rental area offering an amazing investment opportunity. This property features 4 units: All units have similar floor plans which is a spacious living, dining area and kitchen, with 2 good sized bedrooms and 1 bath. The property includes four one-car garages, and a currently not utilized laundry/utility room. Long-term tenants with a history of on-time payments provide stability. Don't miss out on this opportunity!
Sold for $950,000 on 08/04/23
Listing Provided by:
Marjorie Bracken DRE #02103677 323-742-6009,
T.N.G. Real Estate Consultants
Bought with: Buckingham Investments, Inc
$950,000
5526 Dairy Ave, Long Beach, CA 90805
8beds
4baths
3,376sqft
Quadruplex
Built in 1986
-- sqft lot
$1,120,800 Zestimate®
$281/sqft
$3,287 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 07, 2023 at 10:54am
Listing Provided by:
Marjorie Bracken DRE #02103677 323-742-6009,
T.N.G. Real Estate Consultants
Bought with:
Sam Alherech, DRE #02148135
Buckingham Investments, Inc
Source: CRMLS,MLS#: PW23093964
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Electric
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,376
- Total interior livable area: 3,376 sqft
Property
Parking
- Total spaces: 10
- Parking features: Assigned
- Garage spaces: 4
- Uncovered spaces: 6
Features
- Levels: Two
- Stories: 2
- Entry location: Front Gate
- Pool features: None
Lot
- Size: 5,474 sqft
- Features: Front Yard, Lawn
Details
- Parcel number: 7126024003
- Zoning: LBR1N
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Roof: Shingle
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Suburban
Location
- Region: Long Beach
- Subdivision: North Long Beach (Nlb)
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
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Estimated market value
$1,120,800