486 E Adair, Long Beach, CA 90805
Local realty services provided by:ERA North Orange County Real Estate
486 E Adair,Long Beach, CA 90805
$1,539,000
- 6 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: nhat nguyen
Office: villa real estate partners inc
MLS#:PW26096551
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,539,000
About this home
(4) unit multi-family building in Long Beach, CA. The building features unit mix of (1) 3 Bed/1 Bath unit and (3) 1 Bed/1 Bath units stretching across 2,800+/- rentable square feet. This stabilized asset offers tremendous opportunity for 1031 exchange buyers looking to increase their cash flow on Day 1. Further, a substantial portion of Rental Income of rents secured by Section 8 Vouchers by Housing Assistant Long Beach Minimizing risk and providing reliable cash flow, so the uncertainty of future rent moratoriums will significantly reduce the likelihood of lost revenue. The property also includes on site Washer and dryer laundry. Total rental income Annually all 4 units $107,700.00 The building is in excellent condition, and all (4) units have been extensively remodeled with professional grade finishes. In addition, the gated entry ensures secured access to the property. The property is located within close proximity to many retail, dining, and entertainment options that greatly benefit the tenant mix. This is an investment with strong existing cash flow and minimal maintenance required which is add this solid asset to your rental portfolio. Sellers is Real Estate License in state of California. ALL OFFERS SUBJECT INTERIROR INSPECTION...
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Home facts
- Subdivision & Development:North Long Beach (NLB)
- Listing ID #:PW26096551
- Added:188 day(s) ago
- Updated:November 09, 2026 at 03:22 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
Structure and exterior
- Levels:Split Level
Finances and disclosures
- Price:$1,539,000
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