816 Alamitos Avenue, Long Beach, CA 90813

$1,450,000

bedrooms

bathrooms

square feet

3,498

Acreage

0.14882920110192838

Open Houses

year built

1922

Full Baths

Half Baths

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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.

Location
Subdivision	Eastside (ES)
County	Los Angeles
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: SB25066385

Listing agent: Anthony Walker #01908153

Listing broker: Buckingham Investments, Inc. (562) 208-4890

Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, April 22 2025 at 3:36 p.m. EDT

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