4133 E Mendez ST Active

Long Beach,CA 90815

$ 1999999

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC24232104

Year Built 1963

Lot Size 5,980 Sqft

Property Description

Investor?s Dream Opportunity ? Seasoned or First-Time Multifamily Buyers

Discover the perfect investment opportunity with this fantastic and highly sought-after four-plex in Long Beach, conveniently located near the Outer Traffic Circle. This property offers a variety of attractive features, including:

Front House: Spacious 3-bedroom, 2-bath home with huge dining room, living room, and newly remodeled showers.
Additional Units: Three large 2-bedroom units, each with easy access to a community courtyard, open space and laundry room.
Parking & Storage: Every unit includes an assigned private garage.
Recent Upgrades: Both showers in the front until have been remodeled, roof was replaced approx. 6 years ago.
Convenience: Individually metered for electricity and gas.
Built in the 1960s, and not many opportunities for a four-plex in this area, this property includes spacious courtyard and secure, income generating community laundry room with shared machines and separate garages. Both showers in the front unit have been remodeled.

Prime Location: Just blocks from Alamitos and Junipero Beaches, and close to California State University Long Beach, the 2nd & PCH shopping center, Long Beach Exchange, The Hangar, golf courses, parks, and public transit.
Rental Potential: All units are well under current market rates. Opportunity to increase NOI immediately.
Don?t miss this rare chance to own a versatile multifamily property in a high-demand area. Contact agent today for more details!

Unit 1: 3 bed, 2, bath, approximately 1300 sf
Unit 2: 2 bed 2 bath, approximately 1000 sf
Unit 3: 2 bed 1 bath, approx 900 sf
Unit 4: 2 bed, 1 bath, approx 1100 sf
Each unit has a detached 1 car garage.
All units are currently occupied on month-to-month leases.

Location

State CA

County Los Angeles

Area 3 - Eastside, Circle Area

Zoning LBR34

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet,Laminate

Fireplaces Type None

Inclusions washer and dryer in laundry room

Laundry Common Area

Exterior

Exterior Feature Rain Gutters

Parking Features Garage

Garage Spaces 4.0

Garage Description 4.0

Fence Block,Wood

Pool None

Community Features Curbs,Street Lights,Sidewalks

Utilities Available Cable Available,Electricity Available,Sewer Connected,Water Available

Waterfront Description Ocean Side Of Freeway

View Y/N No

View None

Roof Type Composition

Building

Lot Description 0-1 Unit/Acre

Story 2

Foundation Slab

Sewer Sewer Tap Paid

Water Public

New Construction No

Others

Acceptable Financing Cash,Cash to New Loan

Listing Terms Cash,Cash to New Loan

Special Listing Condition Trust

View More
Favorite Go Tour