Property Details
About this Property
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.
MLS Listing Information
MLS #
CRSB25066385
MLS Source
California Regional MLS
Days on Site
25
Interior Features
Appliances
Oven - Gas, Oven Range - Gas
Flooring
Laminate
Laundry
None
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Composition, Flat
Pool
None
Parking, School, and Other Information
Garage/Parking
No Parking, Garage: 0 Car(s)
Contact Information
Listing Agent
Anthony Walker
Buckingham Investments, Inc
License #: 01908153
Phone: (310) 982-7055
Co-Listing Agent
Josh Ess
Buckingham Investments, Inc
License #: 02035659
Phone: (310) 982-7055
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | – | 4 |
School Ratings
Nearby Schools
| Schools | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Franklin Classical Middle School | public | 6-8 | 0.27 mi | |
| Lincoln Elementary School | public | K-5 | 0.29 mi | |
| Stevenson Elementary School | public | K-5 | 0.37 mi | |
| Renaissance High School For The Arts | public | 9-12 | 0.64 mi | |
| International Elementary School | public | K-5 | 0.65 mi | |
| Polytechnic High School | public | 9-12 | 0.70 mi | |
| Roosevelt Elementary School | public | K-5 | 0.72 mi | |
| Whittier Elementary School | public | K-5 | 0.88 mi | |
| Burbank Elementary School | public | K-5 | 0.89 mi | |
| Washington Middle School | public | 6-8 | 1.05 mi | |
| Alvarado Elementary School | public | K-5 | 1.14 mi | |
| Robinson Academy | public | K-8 | 1.14 mi | |
| Educational Partnership High School | public | 9-12 | 1.19 mi | |
| Jessie Nelson Academy | public | 6-8 | 1.23 mi | |
| Edison Elementary School | public | K-5 | 1.26 mi | |
| Willard Elementary School | public | K-5 | 1.33 mi | |
| Chavez Elementary School | public | K-5 | 1.37 mi | |
| Lee Elementary School | public | K-5 | 1.38 mi | |
| Burnett Elementary School | public | K-5 | 1.46 mi | |
| Signal Hill Elementary School | public | K-5 | 1.51 mi |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
816 Alamitos Ave is a Residential Income in Long Beach, CA 90813. This – square foot property sits on a 6,483 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,450,000 and was built in 1922. This address can also be written as 816 Alamitos Ave, Long Beach, CA 90813.
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This listing information is up-to-date as of March 28, 2025. For the most current information, please contact Anthony Walker, (310) 982-7055
