3025 E Theresa new Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90814
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Belmont Heights (Bh)
MLS Listing ID OC25256259
HOA Y/N No
Year Built 1973
Lot Size 6,499 Sqft
Property Sub-Type Quadruplex
Property Description
Prime Fourplex Investment Opportunity in the Heart of the City- Discover this exceptional four-unit multifamily property perfectly situated in a desirable and quiet residential neighborhood with strong rental demand. This 4170 sq.ft. building sits on a 7501 sq.ft. lot and features spacious (1) 3bedroom, 2 bathrooms, (3) 2bedroom, two-baths units, each individually metered for gas and electricity-offering convenience and efficiency for both tenants and owners. Priced at a competitive $477 per rentable square foot, this property presents and excellent value-add investment with upside potential in rental income. Recent improvements new roof and garage doors, adding long-term durability and reduced maintenance costs. With its central location, solid fundamentals, and room for income growth, this fourplex is a great opportunity for investors seeing stability and future appreciation in a thriving rental market.
Location
State CA
County Los Angeles
Area 2 - Belmont Heights, Alamitos Heights
Interior
Fireplace No
Laundry None
Exterior
Parking Features Asphalt
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Street Lights,Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Sewer Tap Paid
Water Public
New Construction No
Others
Senior Community No
Tax ID 7258030017
Acceptable Financing Cash,Cash to New Loan,Conventional
Listing Terms Cash,Cash to New Loan,Conventional
Special Listing Condition Standard
Lease Land No