Property Details
About this Property
Great investment opportunity in the Wrigley neighborhood of Long Beach! This 12-unit property offers 30%+ upside in rental income and is surrounded by primarily single-family homes, making street parking more accessible. The property includes four garage spaces, providing potential for ADU conversions to increase cash flow. Three units can be delivered vacant at close of escrow. Additional income streams include an on-site coin-operated laundry room. There is potential to implement RUBS to further boost cash flow. Priced competitively at $149,917 per unit, this is an excellent value in a strong rental market. Don't miss out on this high-potential asset!
MLS Listing Information
MLS #
CRPW25059042
MLS Source
California Regional MLS
Days on Site
57
Parking, School, and Other Information
Garage/Parking
Garage: 4 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1845 Maine Ave is a Residential Income in Long Beach, CA 90806. This – square foot property sits on a 7,173 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,799,000 and was built in 1923. This address can also be written as 1845 Maine Ave, Long Beach, CA 90806.
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This listing information is up-to-date as of April 05, 2025. For the most current information, please contact Cody Charnell, (562) 896-3851
