3025 E Theresa new Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90814
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Belmont Heights (Bh)
MLS Listing ID OC25256259
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
Laundry None
Exterior
Parking Features Asphalt
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Street Lights,Sidewalks
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Sewer Tap Paid
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan,Conventional
Listing Terms Cash,Cash to New Loan,Conventional
Special Listing Condition Standard