$ 1,195,000
-
$1,195,000
Price -
8
Bed -
6
Bath -
3,609
SqFt
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About the Listing SB1301700 - sbwalkant,SBESSJOSH
Great 4-plex in North Long Beach tucked on a tree lined street with 3,609 rentable square feet on a 7,534 square foot lot. Excellent unit mix with a front stand-alone 2 bed/1 bath house featuring new vinyl flooring along with laundry hookups in the kitchen plus two back town house style units (2 bed/1.5 bath and 2 bed/2 bath) and a 4th apartment (2 bed/1 bath). Strong in-place income with an 11.9 GRM and a 4.5% cap rate with a 19.4% upside to rents and a market cap rate of 5.9%. (4) separate garages for off-site parking, additional income, or ADU potential. The roof was replaced in 2025 and there were recent electrical upgrades to the main disconnect and service entrance. Easy access to the 710 freeway being just blocks away. Less than a mile from Bixby Knolls dining and shopping. Walkable immediate neighborhood, just blocks from The Pan, CVS, and McDonald’s, and other retail.
Listing Highlights
Status
Active
Days on Site
12
Property Type
Multi-Family
MLS ®
SB26098969
Year Built
1963
Total Square Footage
3,609
Lot/Acreage
0.17
Interior Details
- Bedrooms: 8
- Bathrooms: 6 Full
- Appliances: Water Heater
- Air Cond:
- Heating: Wall Furnace
- Fireplaces: Family Room
- Floor: Tile,Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Unfurnished
- Water: Public
Exterior Details
- Lot Description: Rectangular Lot,No Land Lease
- Garage Capacity: 4 car
- Parking Spaces: 8
- Roof: Composition
- Others: Stucco,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Door-Single,Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 7132014019
- Tax Year: N/A
Payment Calculator
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Questions About..
5220 Pacific Long Beach, CA 90805
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