We are proud to present 2247 Myrtle Avenue, a four-unit multifamily property located in the heart of Long Beach’s Wrigley neighborhood. Just south of the 405 Freeway and minutes from the Metro A Line, Downtown Long Beach, and Long Beach City College, this centrally located asset benefits from strong tenant demand and excellent regional connectivity. The Wrigley area continues to attract renters looking for affordable housing near key job centers, transit options, and coastal amenities. Situated on a 5,131 SF lot, the property features two separate buildings totaling 2,876 SF, with a desirable unit mix of four (4) two-bedroom, one-bath units. The site includes four (4) garage spaces and is separately metered for gas and electricity. The current owner has completed significant capital improvements, including exterior paint (2021/2025), new roof (2020), gutters (2025), garage doors (2020), a rebuilt staircase (2023), and full or partial repiping. Three units were renovated in 2019 and one in 2022, along with additional upgrades such as window replacements, cleanouts, and a combination of standard and tankless water heaters. 2247 Myrtle Avenue offers a rare opportunity to acquire a well-maintained, income-producing asset with a strong unit mix and in-place annual gross income of $112,692. Four garage spaces provide added tenant convenience and potential for additional income through storage or conversion. This turnkey property is an ideal fit for investors seeking stability, upside, and a solid foothold in one of Long Beach’s most accessible and renter-friendly neighborhoods.
Property Details
Price:
$1,320,000
MLS #:
SB25149576
Status:
Active
Baths:
0
Address:
2247 Myrtle Avenue
Type:
Residential Income
Subtype:
Quadruplex
Subdivision:
Poly High PH
Neighborhood:
9polyhigh
City:
Long Beach
Listed Date:
Jul 7, 2025
State:
CA
ZIP:
90806
Lot Size:
5,131 sqft / 0.12 acres (approx)
Year Built:
1923
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Schools
Interior
Exterior
Community Features
Sidewalks
Garage Spaces
4.00
Lot Features
Rectangular Lot
Parking Spots
4.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address2247 Myrtle Avenue Long Beach CA
- Area9 – Poly High
- SubdivisionPoly High (PH)
- CityLong Beach
- CountyLos Angeles
- Zip Code90806
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2247 Myrtle Avenue
Long Beach, CA
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