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USACALong BeachEastside (Es)816 Alamitos Ave
816 Alamitos Ave, Home with 0 bedrooms, 0 bathrooms and null parking in Long Beach CA | Image 1
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$1,450,000

816 Alamitos Ave, Long Beach, CA

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage No
Taxes 
Days Active 82
Lot Size 
Approx. Age 1922
MLS® Number SB25066385

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to own a cash-flowing 4-plex in the heart of Alamitos Beach, Long Beach! This well-maintained property features 4 spacious, oversized units with exceptional tenant retention—only one turnover in 5 years—ensuring high occupancy and stable income. Three units have been extensively renovated with modern finishes, including stainless steel appliances, quartz countertops, updated bathrooms, and energy-efficient systems, while the fourth offers value-add potential for increased rents. The property consists of one 5 bed/1 bath house, one 4 bed/2 bath house, and two 3 bed/1 bath apartments on a 6483 square foot lot. This is the lowest GRM and best income 4 unit for sale in the whole city of Long Beach at 11.8X GRM on actuals and 11.4X GRM on market rents, and is only 8 blocks to the beach and Pacific Ocean. Expenses are low being separately metered for gas and electric. Located in an opportunity zone blocks from Alamitos Beach, Retro Row, and downtown, tenants enjoy walkability and easy access to the 710/405 freeways and Metro A Line. Long Beach’s $10 billion transformation, including downtown revitalization, $3.2 billion in Port of Long Beach upgrades, and $12.5 million in 2025 infrastructure improvements, drives demand and appreciation potential. As a 2028 Olympics host city, Long Beach is poised for global attention, with event venues just 2 miles away, perfect for premium short-term rentals. Per Costar, 61% of households within a 5 mile radius are renters with an average household income of over $98, 000. Don’t miss this high-yield asset in a high-growth market! Contact for financials and schedule a viewing today.Show Description
MLS® NumberSB25066385
Laundry LevelNone
Central VacNo
FireplaceNo
Acreage0.1488
Exterior
GarageNo
Approx. Age1922
Basement
DrivewayNone
Garage Spaces
HeatWall Furnace
A/CNone
Heating Fuel

Extras

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