North Long Beach (7) Homes with Quadruplex Subtype

**Discover North Long Beach: A Hidden Gem in Los Angeles County**

Nestled in the vibrant city of Long Beach, North Long Beach is a captivating region that offers a unique blend of urban convenience and suburban charm. Known for its diverse community, this area boasts a rich tapestry of culture, history, and accessibility, making it an ideal place for families, young professionals, and investors alike. With its close proximity to downtown Long Beach, residents enjoy easy access to a plethora of dining, shopping, and entertainment options, while still relishing the tranquility of a neighborhood setting.

One of the standout features of North Long Beach is its impressive array of housing options, particularly the quadruplex properties. These multifamily homes present an exceptional opportunity for both investors and homeowners. Quadruplexes not only provide the potential for multiple rental income streams, but they also offer a chance to reside in one unit while renting out the others. This flexibility makes it an attractive option for those looking to offset living expenses or for investors seeking to enter the lucrative rental market.

The architecture in North Long Beach is as diverse as its residents, with charming mid-century homes and modern builds that cater to a wide range of tastes. The community is characterized by tree-lined streets, parks, and schools, making it a family-friendly environment. With ongoing development and revitalization efforts, North Long Beach is poised for growth, making it an exciting time to invest in this flourishing area.

Whether you’re looking to settle down or expand your real estate portfolio, North Long Beach offers an inviting atmosphere and promising opportunities that are hard to resist. Come and explore the potential that awaits you in this dynamic community!

Newest North Long Beach (7) Homes with Quadruplex Subtype

$1,225,000

OC26101020 MLS ⋅ Active Under Contract Status

6641 Hammond Avenue is a 4-unit multifamily investment property located in Long Beach, California. Built in 1959, the property consists entirely of two-bed/one-bath units, offering a desirable and efficient unit mix in a supply-constrained Southern California rental market. The adjacent 4-unit property at 6645 Hammond Avenue is also available, with each property offered at $1.225 million or both assets available together for $2.45 million, allowing investors to acquire either property individually or purchase a larger 8-unit footprint on contiguous parcels. The offering is priced at an attractive 5.66% cap rate on current rents, with projected upside to a 6.93% cap rate on market rents. This provides investors with immediate in-place yield and a clear path to improved performance through continued rent growth and more efficient income management. The property is situated on a 0.12-acre parcel and features approximately 3,000 net rentable square feet. Community amenities include in-unit laundry hookups, individual water heaters, and five surface parking spaces. The surface parking spaces are currently not separately monetized, providing a potential opportunity to create additional income through parking fees, subject to market demand and tenant considerations. In addition to existing income upside, the rear parking area may offer ground-up Accessory Dwelling Unit (ADU) development potential. A new owner may be able to explore the addition of one or more accessory dwelling units to increase rentable square footage and long-term income, subject to Long Beach requirements, site constraints, parking considerations, and approval from the appropriate municipal authorities. 6641 Hammond Avenue benefits from a central Long Beach location with convenient access to surrounding employment centers, retail corridors, and neighboring cities including Paramount and Bellflower. Residents are just 0.60 miles from a Target and Food 4 Less anchored retail center along Cherry Avenue, providing convenient access to everyday shopping and essential services. The property is also located approximately 2.5 miles from Lakewood Center, one of the area’s major shopping destinations and employment hubs, offering a wide range of retail, dining, and service-oriented amenities. Overall, 6641 Hammond Avenue represents an attractive Long Beach multifamily opportunity with strong in-place returns, market-rent upside, unmonetized parking income potential, and possible ADU upside.

6641 Hammond Avenue, Long Beach

$1,250,000

MB26061817 MLS ⋅ Active Status

Great opportunity to own a 4-unit property in the heart of Long Beach! Each unit offers 1 bedroom and 1 bathroom with comfortable living spaces. The property includes four detached garages with alley access, adding both convenience and value. Perfect for investors or owner-users seeking rental income. Located near shopping, restaurants, schools, and easy freeway access.

1864 Cedar, Long Beach

$1,245,000

PW25274680 MLS ⋅ Active Status

THE TWO BEDROOM UNIT IS NOW VACANT. This unit is in excellent condition, with W/D Hookups and direct access to a two-car garage. Pleased to present 246 East Hullett Street, a secure 4-unit apartment building in the heart of vibrant Long Beach, California. Built in 1942, the property consists of spacious one- & two-bedroom units. For added convenience, the property features an on-site laundry facility as well as (4) garage spaces for tenant use. This apartment building offers residents easy access to retail amenities including Trader Joe’s, banks, and the charming eateries of Bixby Knolls. With convenient access to the 91, 710 & 405 Freeways, commuting to other parts of the city is effortless. Priced at $311,250/unit for this unit mix, this property is one of the more attractive opportunities on the market. Further, through renovation of the units and increases on below market rents, this property offers phenomenal value appreciation and exceptional future cash flow.

246 E Hullett Street, Long Beach

$1,135,000

PW25264787 MLS ⋅ Active Under Contract Status

Introducing 6552 Orange Avenue, a well-maintained 1980's built four-unit building featuring an ideal upstairs/downstairs layout, spacious floor plans, and excellent curb appeal. The property consists of one 3-bedroom/1-bath unit, two 2-bedroom/1-bath units, and one studio unit, all fully leased and showing strong pride of ownership. Additional features include a community laundry room, a recently replaced section of the roof, and 11 on-site parking spaces located at the rear of the property. The expansive parking area offers potential to add up to four ADUs (buyer to verify with the City), creating valuable future upside. This is a rare opportunity to acquire a clean, income-producing asset with both immediate cash flow and long-term development potential. Priced to sell.

6552 Orange, Long Beach

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.