Excellent investment opportunity in the heart of Long Beach, Lakewood Village! This well-maintained fourplex sits on a very generous 9,954 sq.ft. lot. Featuring three fully renovated units thoughtfully updated with modern finishes designed to attract quality tenants. Interiors showcase newer vinyl laminate flooring, contemporary fixtures, and stylish living spaces that blend comfort with functionality. Each renovated unit includes convenient inside stackable laundry, energy-efficient mini-split heating and cooling systems, and a complete appliance package featuring a gas range, microwave, and refrigerator. The established landscaping provides curb appeal and is supported with an automatic irrigation system that keeps the professionally maintained landscaping in prime condition. The property offers assigned parking for tenants. Separate meters for gas and electric. This is an ideal location with panoramic views. Ideally situated near shopping, dining, entertainment, public transportation, and educational opportunities, residents will appreciate the close proximity to Long Beach City College, Heartwell Park and Golf Course, Long Beach Airport, and more.With significant updates already completed and a desirable location in one of Long Beach's established neighborhoods, this income-producing property presents an exceptional opportunity for investors seeking strong rental appeal and long-term value.
The income description goes here to explain
| List Price | $1,650,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1944 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 7183004009 |
| MLS # | OC26131199 |
| Property ID | 320439345 |
| Lot Sqft | 9,956 |
| Zoning | Unknown |
| Total Units | 4 |
| Days on Market | 14 |
| Original List Price | $1,650,000 |
| Applicances | Free-Standing Range,Disposal,Gas Range,Gas Water Heater,Microwave,Refrigerator% |
| Date Updated | June 18, 2026 |
| Date Created | June 04, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $7,452 | $0 |
| Net Income (Yr) | $ 55,443 |
| Cap Rate | 3.36% |
Dave Pedneault an agent of . Lic #01031974
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of June 18, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT