Located in Long Beach’s Wrigley neighborhood—an area benefiting from ongoing city investment and revitalization—251 E Nevada St presents a rare opportunity to own a large, income-generating fourplex with solid functionality and strong long-term upside.
While legally recorded as a 7-bedroom, 6-bathroom building, the property is currently configured as 9 bedrooms and 6 bathrooms across four spacious units: one 3-bedroom, 2-bath unit' two 2-bedroom, 2-bath units' and one 2-bedroom, 1-bath unit. With approximately 4,651 square feet of interior space, each unit offers larger layouts than typically found in this segment of the market.
This added bedroom and square footage advantage supports stronger rents compared to similarly sized buildings—an appealing benefit for investors focused on maximizing return. Each unit is assigned a garage, and the property sits on a well-kept lot in a high-demand rental corridor.
Whether you''re seeking in-place cash flow, a value-add opportunity, or a solid 1031 exchange target, 251 E Nevada offers the scale and flexibility rarely found in this price range.
While legally recorded as a 7-bedroom, 6-bathroom building, the property is currently configured as 9 bedrooms and 6 bathrooms across four spacious units: one 3-bedroom, 2-bath unit' two 2-bedroom, 2-bath units' and one 2-bedroom, 1-bath unit. With approximately 4,651 square feet of interior space, each unit offers larger layouts than typically found in this segment of the market.
This added bedroom and square footage advantage supports stronger rents compared to similarly sized buildings—an appealing benefit for investors focused on maximizing return. Each unit is assigned a garage, and the property sits on a well-kept lot in a high-demand rental corridor.
Whether you''re seeking in-place cash flow, a value-add opportunity, or a solid 1031 exchange target, 251 E Nevada offers the scale and flexibility rarely found in this price range.
Property Details
Price:
$1,399,000
MLS #:
IG25071699
Status:
Active
Baths:
0
Address:
251 E Nevada Street
Type:
Residential Income
Subtype:
Quadruplex
Subdivision:
Wrigley Area WR
Neighborhood:
5wrigleyarea
City:
Long Beach
Listed Date:
Mar 28, 2025
State:
CA
ZIP:
90806
Lot Size:
6,429 sqft / 0.15 acres (approx)
Year Built:
1968
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
Community Features
Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
Fencing
Block, Security
Garage Spaces
5.00
Lot Features
2-5 Units/ Acre
Parking Spots
5.00
Pool Features
None
Roof
Composition
Sewer
Public Sewer
Stories Total
2
Financial
Association Fee
0.00
Map
Community
- Address251 E Nevada Street Long Beach CA
- Area5 – Wrigley Area
- SubdivisionWrigley Area (WR)
- CityLong Beach
- CountyLos Angeles
- Zip Code90806
Similar Listings Nearby
- 5245 E Carson Street
Long Beach, CA$1,815,000
4.07 miles away
- 2122 E 10th Street
Long Beach, CA$1,800,000
2.13 miles away
- 1058 Molino Avenue
Long Beach, CA$1,800,000
2.27 miles away
- 5341 E Appian Way
Long Beach, CA$1,799,000
4.60 miles away
- 221 Termino Avenue
Long Beach, CA$1,799,000
3.65 miles away
- 758 Cerritos Avenue
Long Beach, CA$1,799,000
1.91 miles away
- 1845 Maine Avenue
Long Beach, CA$1,799,000
0.98 miles away
- 1030 Olive Avenue
Long Beach, CA$1,795,000
1.61 miles away
- 66 Santa Ana Avenue
Long Beach, CA$1,795,000
4.59 miles away
- 823 N Lagoon Avenue
Wilmington, CA$1,795,000
4.68 miles away

251 E Nevada Street
Long Beach, CA
LIGHTBOX-IMAGES