5245 E Carson Street Active Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90808
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,561 sqft
Price per Sqft $508
MLS Listing ID CRPW25046653
Year Built 1946
Lot Size 7,921 Sqft
Property Sub-Type Quadruplex
Property Description
Charming 4-Unit Investment Opportunity in Desirable Lakewood Village Located in one of Long Beach’s most sought-after neighborhoods, this rare 4-unit property presents a fantastic opportunity for both investors and owner-occupants. The building features three spacious 2-bedroom units and one 1-bedroom unit, each offering private front and rear entrances and a comfortable, functional layout. Three of the units were remodeled approximately 3 years ago with upgraded tile flooring, PEX plumbing, modern kitchen cabinetry, and fixtures. Property Highlights: • Strong Existing Cash Flow: The property currently generates over $10,100 per month in rental income—not including potential income from the five unrented garages. • Updated Interiors & Private Access: Well-maintained units with classic hardwood floors (in several), upgraded finishes in remodeled units, and excellent natural light throughout. • In-Unit Laundry Hookups + Central Facility: All three remodeled units include their own laundry hookups, in addition to a shared on-site laundry area for tenant convenience. • Unrented Garages – Additional Income Potential: With market rents in the area averaging ~$249/month per garage, the five garages could add nearly $15,000/year in additional revenue. • Low-Maintenance Op
Location
State CA
County Los Angeles
Interior
Laundry Gas Dryer Hookup,Laundry Room,Other
Building
Lot Description Other,Landscape Misc
Water Public