1216 E 56th, Long Beach, CA 90805

Long Beach
Local realty services provided by:ERA North Orange County Real Estate
1216 E 56th,Long Beach, CA 90805
$1,300,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: christina mercado
Office: circle real estate562-521-9022
MLS#:DW26145351
Source:CRMLS

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Price summary

  • Price:$1,300,000

About this home

Great investment opportunity in Long Beach! This upgraded quadplex offers strong income potential with an approximate **7% cap rate** and **one unit currently vacant**, creating an ideal option for an owner-user or investor looking to place a new tenant at market rent. The property features **four total units**, with the remaining units occupied and income-producing. Recent improvements include an updated exterior, refreshed interiors in select units, modern finishes, and clean curb appeal. Each unit has dedicated parking, adding convenience and value for tenants. With solid rental income, recent upgrades, and upside potential through the vacant unit, this property is a great addition to any rental portfolio. Along with Community Laundry. Buyer to verify all rents, expenses, cap rate, permits, unit mix, and property details.

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Home facts

  • Year built:1965
  • Subdivision & Development:North Long Beach (NLB)
  • Listing ID #:DW26145351
  • Added:64 day(s) ago
  • Updated:September 07, 2026 at 06:55 AM

Heating and cooling

  • Heating:Radiant

Structure and exterior

  • Year built:1965
  • Levels:2 Story

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$1,300,000

Features and amenities

  • Laundry features:Stacked

Parking

  • Total parking spaces:4
  • Parking description:Assigned, Carport
  • Garage:Yes
  • Garage spaces:4
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