$3,200,000
Rare Long Beach Investment Portfolio – 2 Parcels | 9 Units + Billboard Prime investor opportunity with 2 adjacent parcels on a high-traffic corner. Includes a 8-unit multifamily (approx. 4,220 SF, built 1942) and a 3 bed, 2 bath SFR (approx. 1,136 SF, built 1913) on a 5,982 SF lot. Strong rental demand area with long-term tenants and value-add potential through unit upgrades or redevelopment (buyer to verify with city). Bonus on-site billboard offers rare passive income stream (buyer to verify use/income). Located near downtown, hospitals, and transit. Zoning may support future mixed-use or higher density (buyer to verify). Ideal for 1031 exchange, cash flow investors, or long-term hold with upside.
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Listed by Ruby Madrid with RE/MAX Dynasty (562) 698-8454
Property Type
Multi Family
Status
Active
MLS Number
DW25172514
Year Built
1942
Lot Size
5,811 sq ft