1209 E 1st Street, Long Beach, CA 90802
Local realty services provided by:ERA Donahoe Realty
1209 E 1st Street,Long Beach, CA 90802
$1,599,000
- 4 Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:tyson storr
Office:buckingham investments, inc.
MLS#:IN25193325
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,599,000
About this home
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.
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Home facts
- Listing ID #:IN25193325
- Added:20 day(s) ago
- Updated:September 17, 2025 at 05:31 PM
Rooms and interior
- Bedrooms:4
Finances and disclosures
- Price:$1,599,000
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