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Listed price in listed location currency (USD).
$1,598,000

000

MLS® PW26096551

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 1939
MLS® Number PW26096551

Property Address: 486 E Adair, Long Beach, CA, 90805

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

Description

(4) unit multi-family building in Long Beach, CA. The building features unit mix of (1) 3 Bed/1 Bath unit and (3) 1 Bed/1 Bath units stretching across 2, 800+/- rentable square feet. This stabilized asset offers tremendous opportunity for 1031 exchange buyers looking to increase their cash flow on Day 1. Further, a substantial portion of Rental Income of rents secured by Section 8 Vouchers by Housing Assistant Long Beach Minimizing risk and providing reliable cash flow, so the uncertainty of future rent moratoriums will significantly reduce the likelihood of lost revenue. The property also includes on site Washer and dryer laundry. The building is in excellent condition, and all (4) units have been extensively remodeled with professional grade finishes. In addition, the gated entry ensures secured access to the property. The property is located within close proximity to many retail, dining, and entertainment options that greatly benefit the tenant mix. This is an investment with strong existing cash flow and minimal maintenance required which is add this solid asset to your rental portfolio. Sellers is Real Estate License in state of California. ALL OFFERS SUBJECT INTERIROR INSPECTION
MLS® NumberPW26096551
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1939
Basement
DrivewayNone
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 4, 2026List Date
$1,598,000List Price
  • Commute

Commute

Starting Address
Destination Address
486 E Adair St, Long Beach, CA

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