816 Alamitos Avenue

Long Beach, CA 90813

  • 15 Bed(s)
  • 5 Bath(s)
  • 3,498 Sqft
  • 6483
    Sqft(Lot)
$1,450,000

Description

Rare opportunity to own a cash-flowing 4-plex in the heart of alamitos beach, long beach! this well-maintained property features 4 spacious, oversized units with exceptional tenant retention—only one turnover in 5 years—ensuring high occupancy and stable income. three units have been extensively renovated with modern finishes, including stainless steel appliances, quartz countertops, updated bathrooms, and energy-efficient systems, while the fourth offers value-add potential for increased rents. the property consists of one 5 bed/1 bath house, one 4 bed/2 bath house, and two 3 bed/1 bath apartments on a 6483 square foot lot. this is the lowest grm and best income 4 unit for sale in the whole city of long beach at 11.8x grm on actuals and 11.4x grm on market rents, and is only 8 blocks to the beach and pacific ocean. expenses are low being separately metered for gas and electric.



located in an opportunity zone blocks from alamitos beach, retro row, and downtown, tenants enjoy walkability and easy access to the 710/405 freeways and metro a line. long beach’s $10 billion transformation, including downtown revitalization, $3.2 billion in port of long beach upgrades, and $12.5 million in 2025 infrastructure improvements, drives demand and appreciation potential. as a 2028 olympics host city, long beach is poised for global attention, with event venues just 2 miles away, perfect for premium short-term rentals. per costar, 61% of households within a 5 mile radius are renters with an average household income of over $98,000. don’t miss this high-yield asset in a high-growth market! contact for financials and schedule a viewing today.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49131839

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Composition,Flat
    • Property Appliances: Gas Oven,Gas Range
    • Fireplace: None
    • Flooring: Laminate,Tile

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1922
    • Building Area Total: 3,498
    • Construction: Stucco
    • Roof: Composition,Flat

    Accessibility Features

    • None

    Pool Features

    • None

    Laundry Features

    • None

    Fencing

    • Block,Wood,Wrought Iron

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1488
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 6483

  • Listing Price Information

    • Original List Price: 1,450,000
    • Listing Contract Date: 2025-03-06

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 7267025031

  • Garage and Parking

    • Garage Description: None

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas,Trash Collection

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 3 - Eastside, Circle Area
    • Postal Code Plus 4: 6611
    • Directions: East side of Alamitos, between 7th and 10th.
    • Zoning: LBR4N
    • Source Property Type: Residential Income
    • Area: 3 - Eastside, Circle Area
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 103
    • Common Walls: 1 Common Wall
    • Structure Type: Quadruplex
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 06/21/2025 @ 07:37

  • MLS: SB25066385
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 15 bedrooms which is for sale, it has 3,498 sqft, 6,483 sized lot, and 0 parking. are nearby neighborhoods.