$1,999,999
For Sale

4133 E Mendez Street

Long Beach, CA 90815
0.14 acres | #OC24232104
Listing OfficeRe/Max Property Connection
Browse 40 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Investor’s Dream Opportunity – Seasoned or First-Time Multifamily Buyers
Discover the perfect investment opportunity with this fantastic and highly sought-after four-plex in Long Beach, conveniently located near the Outer Traffic Circle. This property offers a variety of attractive features, including:
Front House: Spacious 3-bedroom, 2-bath home with huge dining room, living room, and newly remodeled showers.
Additional Units: Three large 2-bedroom units, each with easy access to a community courtyard, open space and laundry room.
Parking & Storage: Every unit includes an assigned private garage.
Recent Upgrades: Both showers in the front until have been remodeled, roof was replaced approx. 6 years ago.
Convenience: Individually metered for electricity and gas.
Built in the 1960s, and not many opportunities for a four-plex in this area, this property includes spacious courtyard and secure, income generating community laundry room with shared machines and separate garages. Both showers in the front unit have been remodeled.
Prime Location: Just blocks from Alamitos and Junipero Beaches, and close to California State University Long Beach, the 2nd & PCH shopping center, Long Beach Exchange, The Hangar, golf courses, parks, and public transit.
Rental Potential: All units are well under current market rates. Opportunity to increase NOI immediately.
Don’t miss this rare chance to own a versatile multifamily property in a high-demand area. Contact agent today for more details!

Unit 1: 3 bed, 2, bath, approximately 1300 sf
Unit 2: 2 bed 2 bath, approximately 1000 sf
Unit 3: 2 bed 1 bath, approx 900 sf
Unit 4: 2 bed, 1 bath, approx 1100 sf
Each unit has a detached 1 car garage.
All units are currently occupied on month-to-month leases.

  • Property Details
      • Utility FeaturesCableAvailable, ElectricityAvailable, SewerConnected, WaterAvailable
      • Lot DescriptionZeroToOneUnitAcre
      • Property TypeMulti-Family
      • Sewer InformationSewerTapPaid
      • InteriorCeilingFans
      • Exterior MaterialsRainGutters
      • CountyLos Angeles
      • Original List Price$1,999,999
      • MLS #OC24232104
      • Property SubtypeQuadruplex
      • MLS #OC24232104
      • Cost1999999
      • Acres0.1373
      • Utility SourcePublic
      • Year Built1963
      • FoundationSlab
      • Stories2
      • Parking Spaces4

Location

Jerry Avila#TheRealEstateGuy
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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