Property Detail

1209 1st

Long Beach CA 90802

$1,599,000

Status: Active

Property Details

Description

Prime 4-Unit income property near the beach featuring four spacious 1-bedroom, 1-bathroom units just steps from the sand in the thriving Long Beach market. Separate free standing 2-car garage in the back with sewer line that runs directly under allowing for a convenient conversion into a 2 bed 1 bath ADU(open parking available at end of driveway). GRM on market rents of 14.5X, 11.6X after ADU conversion. Three units recently remodeled. All units are 800 sqft+ and have their own laundry room A great option for a savvy investor looking to buy and hold in a prime location with the potential to greatly increase income with the addition of the ADU.

Map Location

Listing provided courtesy of Tyson Storr of Buckingham Investments, Inc.. Last updated 2025-11-12 09:11:24.000000. Listing information © 2025 CRMLS.

John Collins

John Collins

DRE# 01948188
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