Price Reduced ListingExcellent investment opportunity in the heart of Long Beach, Lakewood Village! This well-maintained fourplex sits on a very generous 9,954 sq.ft. lot. Featuring three fully renovated units thoughtfully updated with modern finishes designed to attract quality tenants. Interiors showcase newer vinyl laminate flooring, contemporary fixtures, and stylish living spaces that blend comfort with functionality. Each renovated unit includes convenient inside stackable laundry, energy-efficient mini-split heating and cooling systems, and a complete appliance package featuring a gas range, microwave, and refrigerator. The established landscaping provides curb appeal and is supported with an automatic irrigation system that keeps the professionally maintained landscaping in prime condition. The property offers assigned parking for tenants. Separate meters for gas and electric. This is an ideal location with panoramic views. Ideally situated near shopping, dining, entertainment, public transportation, and educational opportunities, residents will appreciate the close proximity to Long Beach City College, Heartwell Park and Golf Course, Long Beach Airport, and more.With significant updates already completed and a desirable location in one of Long Beach's established neighborhoods, this income-producing property presents an exceptional opportunity for investors seeking strong rental appeal and long-term value.
| MLS # | OC26131199 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1944 |
| Days On Site | 80 |
| Listing Provided By | First Team Real Estate | Dave Pedneault |
| SQ Feet | 2,575 |
|---|---|
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.23 |
| Property View | Yes |
| Cooling | Ductless, None |
|---|---|
| Heating | Ductless, Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Interior Features | Quartz Counters, Recessed Lighting, Tile Counters, All Bedrooms Down, Walk In Closets |
| Window Features | Blinds, Double Pane Windows, Screens |
| Appliances | Free Standing Range, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator |
| Fireplace Yes / No | No |
| Roof | Composition, Shingle |
|---|---|
| Security Features | Carbon Monoxide Detectors, Smoke Detectors |
| Construction Materials | Drywall, Glass, Concrete, Stucco |
| Lot Features | Two To Five Units Acre, Sprinklers In Rear, Sprinklers In Front, Lawn, Landscaped, Near Park, Near Public Transit, Sprinklers On Side, Sprinkler System |
| Fencing | Wood, Wrought Iron |
| Parking Features | Assigned, Concrete, On Site, Off Street |
|---|---|
| Garage Yes / No | No |
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | Standard |
| Sewer | Public Sewer |
| Community Features | Curbs, Gutters, Street Lights, Suburban, Sidewalks, Park |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90808 |
| Area | 29 Lakewood Village |
| Community Name | Lakewood Village (LKVL) |
| Listing VS Median (in Lakewood Village (LKVL)) | |
Price: $1,580,000 low | high Med: $1,415,000 sqft: 2,575 low | high Med: 2,126 $ / sqft: $614 low | high Med: $680 On site: 80 low | high Med: 70.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90808 |
| Area | 29 Lakewood Village |
| Community Name | Lakewood Village (LKVL) |
| Listing VS Median (in Lakewood Village (LKVL)) | |
Price: $1,580,000 low | high Med: $1,415,000 sqft: 2,575 low | high Med: 2,126 $ / sqft: $614 low | high Med: $680 On site: 80 low | high Med: 70.5 | |