1070 Loma Vista Drive
Long Beach, CA, 90813
$1,299,900
Beds
0 Baths
SqFt
0.15 Acres
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Discover an exceptional investment opportunity in the heart of Long Beach! This versatile 5-unit rental property offers a highly desirable layout and prime location, making it an easy-to-rent option for savvy investors or owner-occupants.

At the front of the expansive lot, a cozy 2-bedroom, 1-bath house greets you with its inviting character. The front house offers a private garage and a dedicated laundry area. Step inside to find a comfortable living space with plenty of potential to make it your own home, or use as the premier rental unit of the five offerings.

Behind the front house, you’ll find four (4) additional 1-bedroom, 1-bath units, each with its own covered front porch—perfect for enjoying Long Beach’s coastal breeze. One of these units was just beautifully remodeled and is now vacant, ready to welcome a new tenant or even a potential owner. The remodeled unit features wide plank light oak laminate flooring, custom built-in cabinetry in the living room, crisp white shaker kitchen cabinets, elegant quartz countertops, and stylish five-panel shaker doors. With new plumbing and abundant natural light, this unit stands out as a bright and modern living space, showcasing the possibilities with the remaining units.

The other four units are tenant-occupied, offering steady income from day one, and they come with great potential for updates to further increase investment value. Each unit has its own separate electric and gas meter, adding convenience for both tenants and management.

Situated on a spacious 6,674 sq. ft. lot, this property also boasts a recently replaced roof, and designation within the Historic District.

The location is unbeatable—just 1.5 miles from Shoreline Village, where you’ll find a variety of dining and entertainment options. The iconic Queen Mary is only 2 miles away, and Drake Park, with its soccer fields, tennis courts, and playground, is within walking distance. Around the corner, you’ll also discover the Historic Bembridge House, adding a touch of local charm and history to the neighborhood.

This property offers the perfect blend of modern updates, historic appeal, and prime location, making it a rare gem in Long Beach. Whether you’re looking to grow your investment portfolio or secure a steady income stream, 1070 Loma Vista Drive is a must-see. Don’t miss this incredible opportunity!

Property Details

Price:
$1,299,900
MLS #:
NP24251827
Status:
Active
Baths:
0
Address:
1070 Loma Vista Drive
Type:
Residential Income
Subtype:
Quadruplex
Subdivision:
Willmore District WM
Neighborhood:
4downtownareaalamitosbeach
City:
Long Beach
Listed Date:
Nov 24, 2024
State:
CA
ZIP:
90813
Lot Size:
6,674 sqft / 0.15 acres (approx)
Year Built:
1919
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Schools

Interior

Appliances
Water Heater
Cooling
None
Fireplace Features
None
Flooring
Laminate, Tile
Heating
Electric, Natural Gas, Wall Furnace
Interior Features
Built-in Features, Open Floorplan, Quartz Counters, Stone Counters, Storage

Exterior

Community Features
Curbs, Park, Sidewalks, Street Lights, Urban
Electric
Standard
Fencing
Chain Link
Foundation Details
Slab
Garage Spaces
1.00
Lot Features
2-5 Units/ Acre
Parking Features
Driveway
Parking Spots
4.00
Pool Features
None
Security Features
Smoke Detector(s), Window Bars
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
Neighborhood, Park/ Greenbelt, River, Trees/ Woods
Water Source
Public

Financial

Association Fee
0.00
Tenant Pays
Cable T V, Electricity, Gas, Telephone
Utilities
Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

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Community

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1070 Loma Vista Drive
Long Beach, CA