267 La Verne Avenue Active

Long Beach,CA 90803

$ 1575000

- Bed

- Bath

- SqFt


Key Details

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Belmont Shore (Bsd)

MLS Listing ID PW25105287

Year Built 1943

Lot Size 4,748 Sqft

Property Sub-Type Quadruplex

Property Description

Calling All Investors! Don't miss this incredible 4-unit investment opportunity in the heart of highly desirable Belmont Shore!
Just blocks from the beach and vibrant Second Street, this fully occupied property features four 1-bedroom, 1-bathroom units, each providing steady rental income with significant potential for future rent growth.
Additional income stream with four garage spaces, all rented separately. Fully occupied, investors will enjoy immediate cash flow plus strong long-term appreciation in one of Long Beach's most sought-after coastal neighborhoods.
Whether you're growing your portfolio or seeking a prime coastal asset, 267 La Verne Dr offers the perfect combination of location, stability, and upside potential.

Location

State CA

County Los Angeles

Area 1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr

Interior

Heating Floor Furnace,Wall Furnace

Cooling None

Flooring Carpet,Vinyl

Fireplaces Type None

Laundry Common Area

Exterior

Parking Features Garage,On Street

Garage Spaces 4.0

Garage Description 4.0

Fence None

Pool None

Community Features Biking,Curbs,Storm Drain(s),Street Lights,Sidewalks,Water Sports,Marina

Utilities Available Cable Available,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected

View Y/N Yes

View Neighborhood

Roof Type Asbestos Shingle

Building

Lot Description 2-5 Units/Acre,Front Yard,Lawn,Street Level

Story 2

Foundation Raised

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange,FHA,VA Loan

Listing Terms Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange,FHA,VA Loan

Special Listing Condition Standard,Trust

Virtual Tour https://drive.google.com/file/d/1aPfVxKkDpTlZPdOLeMK_HwdhaiLsj19R/view?usp=sharing

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