See all 34 photos
$1,174,900
Est. payment /mo
5 Beds
4 Baths
Active
1070 Loma Vista Drive Long Beach, CA 90813
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Willmore District (Wm)
MLS Listing ID NP24251827
Bedrooms 5
Property Sub-Type Res Income 2-4 Units
Property Description
Located in a Qualified Opportunity Zone, this exceptional investment opportunity sits in the heart of Long Beach! This versatile 5-unit rental property offers a highly desirable layout and prime location, making it an easy-to-rent option for savvy investors or owner-occupants. At the front of the expansive lot, a cozy 2-bedroom, 1-bath house greets you with its inviting character. The front house offers a private garage and a dedicated laundry area. Step inside to find a comfortable living space with plenty of potential to make it your own home, or use as the premier rental unit of the five offerings. Behind the front house, youll find four (4) additional 1-bedroom, 1-bath units, each with its own covered front porchperfect for enjoying Long Beachs coastal breeze. One of these units was just beautifully remodeled and is now vacant, ready to welcome a new tenant or even a potential owner. The remodeled unit features wide plank light oak laminate flooring, custom built-in cabinetry in the living room, crisp white shaker kitchen cabinets, elegant quartz countertops, and stylish five-panel shaker doors. With new plumbing and abundant natural light, this unit stands out as a bright and modern living space, showcasing the possibilities with the remaining units. The other four units are tenant-occupied, offering steady income from day one, and they come with great potential for updates to further increase investment value. Each unit has its own separate electric and gas meter, adding convenience for both tenants and management. Situated on a spacious 6,674 sq. ft. lot, this proper
Location
State CA
County Los Angeles
Zoning Public Rec
Direction From Anaheim Street turn South onto Daisy Ave, the West onto N Loma Vista Drive, property will be on the left.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 7271021001
Virtual Tour https://youtu.be/qmKdii_RwN8

Listed by Devin Lucas Coldwell Banker Realty
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