CA > Long Beach
Long Beach, CA 90808,5245 E Carson Street
Long Beach, CA 90808,5245 E Carson Street
Long Beach, CA 90808,5245 E Carson Street
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Listed by George Bustamante • Coldwell Banker Commercial
$1,812,000
Est. payment /mo
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3,561 SqFt
Active

5245 E Carson Street Long Beach, CA 90808

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Daniel Ripper

Daniel Ripper

+1(415) 205-6312

UPDATED:

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

HOA Y/N No

Originating Board Datashare California Regional

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

Fireplace No

Laundry Gas Dryer Hookup, Laundry Room, Other

Building

Lot Description Other, Landscape Misc

Water Public

Bay East AOR and Contra Costa AOR
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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agent

Daniel Ripper

Broker Associate | License ID: 01382609

+1(415) 205-6312

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5245 E Carson Street

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