With its established rental history and high-demand location, this high-performing multifamily asset presents a rare opportunity in one of Long Beach’s most sought-after areas. This well-maintained four-unit property features three spacious one-bedroom units and one two-bedroom, two-bathroom townhouse with a balcony, fireplace, enclosed patio, and in-unit laundry. All units are separately metered for gas and electricity. Parking is convenient with four attached garages featuring automatic openers, plus four additional off-street spaces. Ideally situated near Cal State Long Beach, shopping centers, freeways, and Downtown Long Beach, the property benefits from strong rental demand and low vacancy rates. As part of a gated courtyard community with three identical buildings on separate parcels, it offers both stability and long-term growth potential. Don’t miss this exceptional investment opportunity.
Property Details
Price:
$1,300,000
MLS #:
SB24220351
Status:
Active
Baths:
0
Address:
1534 Grand Avenue
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
3eastsidecirclearea
City:
Long Beach
Listed Date:
Oct 23, 2024
State:
CA
ZIP:
90804
Lot Size:
2,196 sqft / 0.05 acres (approx)
Year Built:
1963
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Schools
Interior
Exterior
Community Features
Curbs, Gutters, Sidewalks, Urban
Garage Spaces
4.00
Lot Features
Garden, Landscaped, Level with Street, Near Public Transit
Parking Spots
4.00
Pool Features
Community
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address1534 Grand Avenue Long Beach CA
- Area3 – Eastside, Circle Area
- CityLong Beach
- CountyLos Angeles
- Zip Code90804
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1534 Grand Avenue
Long Beach, CA
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