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1564 Locust Ave, Long Beach, CA, 90813

6beds
4baths
3,458sqft
$1,125,000
$325price/sqft
$8,069/moest. monthly cost
$322,760/yrincome needed

About This Home

This well-maintained 4-unit income property presents a strong opportunity for investors seeking stable, long-term rental income. The building features four units with functional layouts that provide comfortable living spaces and consistent tenant appeal. The property is currently occupied by some long-term tenants and tenants within the last three years, offering immediate and reliable income with a proven rental history. Their extended tenancy reflects the overall desirability and stability of the property. Public Street parking for the property is available on the street directly in front of the building, providing convenient access for residents and guests. Located in a high-demand rental area of Long Beach, the property is close to schools, shopping, public transportation, and major freeways, making it attractive to a wide range of tenants. Overall, this is a solid multi-unit investment with dependable income, minimal turnover, and strong long-term upside in a desirable market.

Getting Around

86
WalkingVery Walkable
70
TransitExcellent Transit
72
BikeVery Bikeable

Schools

5/10
4/10
Washington Middle SchoolGrades 6-80.2 mi
7/10
Polytechnic High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 1963

Materials

  • Roof: Flat
  • Construction materials: Copper Plumbing

Type & Style

  • Home type: MultiFamily
  • Architectural style: Contemporary
  • Property subType: Quadruplex

Interior

Appliances

  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4

Features

  • Fireplace features: None
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: None

Interior Area

  • Total structure area: 3,458
  • Total interior livable area: 3,458 sqft

Property

Details

  • Parcel number: 7269017033
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Front
  • Pool features: None
  • Spa features: None
  • Fencing: Wrought Iron

Lot

  • Lot size: 3,011 sqft
  • Features: Walkstreet

Parking

  • Parking features: None