$1,999,999
4133 E Mendez Street
Long Beach, CA, 90815
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.
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.
Property Details
Price:
$1,999,999
MLS #:
OC24232104
Status:
Active
Baths:
0
Address:
4133 E Mendez Street
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
3eastsidecirclearea
City:
Long Beach
Listed Date:
Nov 13, 2024
State:
CA
ZIP:
90815
Lot Size:
5,979 sqft / 0.14 acres (approx)
Year Built:
1963
Schools
Interior
Accessibility Features
None
Appliances
Convection Oven, Disposal
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Flooring
Carpet, Laminate
Heating
Wall Furnace
Interior Features
Ceiling Fan(s)
Window Features
Skylight(s)
Exterior
Community Features
Curbs, Sidewalks, Street Lights
Exterior Features
Rain Gutters
Fencing
Block, Wood
Foundation Details
Slab
Garage Spaces
4.00
Lot Features
0-1 Unit/ Acre
Parking Features
Garage
Parking Spots
4.00
Pool Features
None
Roof
Composition
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Sewer Paid
Spa Features
None
Stories Total
2
View
None
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Cable T V, Gas
Utilities
Cable Available, Electricity Available, Sewer Connected, Water Available
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Courtesy of Re/Max Property Connection. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 4133 E Mendez Street
Long Beach, CA
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