An Incredibly Rare Offering in the City of Long Beach — Fully remodeled in 2024, this 4-unit townhouse-style property presents a high-performing investment with 8 Total on-site Parking Spaces (2 spaces for Each Unit), 300 sqft private backyard for Each Unit, and a strong current Cap Rate of 5.30%, with pro forma potential of 5.70%.
All 4-units are identical in layout and finishes, each offering: 3 Bedrooms / 2 Bathrooms, Approx. 1,150 sqft of living space, A/C & heating, washer/dryer hookups, quartz countertops, modern cabinetry, vinyl flooring, recessed lighting, new appliances.
The property is separately metered for gas and electricity, with tenants responsible for all utilities, ensuring low operating expenses and ease of management.
Located in a highly desirable Long Beach neighborhood, each unit has been thoughtfully designed for modern living and long-term durability—making this an ideal turnkey investment.
Perfect for investors seeking immediate cash flow and strong long-term upside. Don’t miss this rare, high-performing asset in the heart of Long Beach.
The income description goes here to explain
| List Price | $2,045,000 |
| Property Type | Townhome |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1972 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7260029018 |
| MLS # | OC25058726 |
| Property ID | 321844106 |
| Lot Sqft | 6,617 |
| Zoning | Unknown |
| Total Units | 4 |
| Days on Market | 238 |
| Original List Price | $2,095,000 |
| Applicances | Gas Range,Range Hood% |
| Date Updated | August 13, 2025 |
| Date Created | April 16, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $12,950 | $0 |
| Net Income (Yr) | $ 111,710 |
Nhi Phan an agent of . Lic #02178756
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Robert Crawford
REAL ESTATE AGENT