816 Alamitos Avenue, Long Beach, CA 90813

Local realty services provided by:ERA Donahoe Realty
#1#2#3
816 Alamitos Avenue,Long Beach, CA 90813
$1,425,000
  • 15 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:anthony walker
Office:buckingham investments, inc
MLS#:SB25066385
Source:SANDICOR

Price summary

  • Price:$1,425,000

About this home

Rare opportunity to own a cash-flowing 4-plex in the heart of Alamitos Beach, Long Beach! This well-maintained property features 4 spacious, oversized units with exceptional tenant retentiononly one turnover in 5 yearsensuring high occupancy and stable income. Three units have been extensively renovated with modern finishes, including stainless steel appliances, quartz countertops, updated bathrooms, and energy-efficient systems, while the fourth offers value-add potential for increased rents. The property consists of one 5 bed/1 bath house, one 4 bed/2 bath house, and two 3 bed/1 bath apartments on a 6483 square foot lot. This is the lowest GRM and best income 4 unit for sale in the whole city of Long Beach at 11.3X GRM on actuals and 11.2X GRM on market rents, and is only 8 blocks to the beach and Pacific Ocean. Expenses are low being separately metered for gas and electric. Located in an opportunity zone blocks from Alamitos Beach, Retro Row, and downtown, tenants enjoy walkability

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Home facts

  • Listing Id #:SB25066385
  • Added:140 day(s) ago
  • Updated:August 15, 2025 at 01:53 PM

Rooms and interior

  • Bedrooms:15
  • Total bathrooms:5

Structure and exterior

  • Roof:Composition

Finances and disclosures

  • Price:$1,425,000
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