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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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816 Alamitos Avenue Long Beach, CA 90813
$1,450,000 0 beds, 0 baths
0 sqft
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Agent Remarks

This large 3 building campus of a 4 unit property is one block North of Downtown Long Beach and Alamitos Beach. 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. 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. Low expense property separately metered for gas and electric. Well maintained and professionally managed in a dense, high demand rental market. The property is close to St Mary's hospital and Long Beach Community College plus numerous other job centers in the area. Per Costar, 61% of households within a 5 mile radius are renters with an average household income of over $98,000.

Listing Details

Property type: Quadruplex (Multi-Family)
Status: Active
MLS# SB25066385
List price is $1,450,000
Beds: 0
Baths: 0
None fireplaces
Built in 1922
2 stories
0.15 acres
Lot size: 0.1488
Subdivision: Eastside (ES)
County: Los Angeles
Zoning: LBR4N
Construction: Stucco
Appliances: Gas Oven,Gas Range
Parking description: None
Lot description: Rectangular Lot
Heating/cooling: None
Heating description: Wall Furnace
MLS area: 3 - Eastside, Circle Area

Last Updated: 3/28/2025

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This listing belongs to the 3 - Eastside, Circle Area MLS area

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Lat/Long: 33.777477, -118.179115.
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Listing Agent: Anthony Walker
Co Listing Agent: Josh Ess
Lic#: 01276603
Office Name: Tustin

Area Map

Nearby Schools

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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