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$2,200,000

Est. payment - /mo

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7,649 Sqft Lot

Active

1671 Park AVE Long Beach, CA 90815

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Michelle And Allen Yabko

[email protected] +1(818) 312-1089

UPDATED:

03/07/2025 11:01 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Circle (Ca)

MLS Listing ID PW25046983

HOA Y/N No

Year Built 1949

Lot Size 7,649 Sqft

Property Sub-Type Quadruplex

Property Description

No rent control! Incredible investment opportunity in the Circle area of Long Beach. The property comprises a two-bed, two-bath single-family residence (owner occupied) and the recently built multi-family triplex. The tri-plex was completed in 2015. Each unit is highly spacious and has the custom feel and appearance more of a condominium than an apartment. The three units consist of a two-story, three-bed, three-bath, of which the lower bedroom has been converted into a Junior ADU. The other two units consist of a two-bedroom, two-bath unit, and a one-bedroom, two-bath unit. All units, including the house (except the Junior ADU), have two-car garage parking. Each unit has a built-in laundry, a tankless water heater, central air, a private balcony, and a separate electrical, gas, and water meter. In addition to the three units, an adjacent common area bonus room is plumbed with a kitchenette and could easily be converted into an additional Junior ADU rental unit. The single-family residence has been re-modeled, and the roof on both structures is less than ten years of age. This is a substantial area for rental income, and this property delivers!

Location

State CA

County Los Angeles

Area 3 - Eastside, Circle Area

Zoning LBR4R

Interior

Interior Features Balcony, Ceramic Counters, Granite Counters, High Ceilings, All Bedrooms Up

Heating Central

Cooling Central Air

Flooring Wood

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Tankless Water Heater, Dryer, Washer

Laundry Washer Hookup, Gas Dryer Hookup, Inside

Exterior

Parking Features Garage Faces Front

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Biking, Golf, Street Lights, Suburban, Sidewalks

Utilities Available Electricity Connected

Total Parking Spaces 8

Private Pool No

Building

Lot Description Rectangular Lot, Walkstreet

Story 1

Entry Level One,Two

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Level or Stories One, Two

New Construction Yes

Others

Senior Community No

Tax ID 7220002010

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

Listed by Michael Domino • Coldwell Banker Realty

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Michelle And Allen Yabko

Agent | License ID: DRE 02096542

+1(818) 312-1089