Poly High (9) Homes with Quadruplex Subtype

Poly High (9) Homes with Quadruplex Subtype

Welcome to Poly High, a vibrant neighborhood nestled in the heart of Long Beach, California. Known for its rich cultural diversity and friendly community atmosphere, Poly High is an ideal place for families, young professionals, and retirees alike. With its convenient location in Los Angeles County, residents enjoy easy access to the stunning Southern California coastline, bustling urban life, and a plethora of recreational activities.

One of the standout features of Poly High is its charming residential options, particularly the quadruplex homes that offer a unique blend of comfort and investment potential. These properties typically consist of four separate living units, making them perfect for multi-generational families or savvy investors looking to maximize rental income. The quadruplexes in this area boast spacious layouts, modern amenities, and attractive outdoor spaces, providing an ideal setting for both relaxation and social gatherings.

Poly High is also home to a variety of local parks, schools, and shops, ensuring that everything you need is just a stone's throw away. The neighborhood fosters a strong sense of community, with numerous events and activities that bring residents together throughout the year. Whether you’re strolling through the nearby parks, enjoying a meal at one of the local eateries, or engaging in community events, there’s always something happening in Poly High.

Discover the charm and potential of Poly High today, where your dream home awaits in a neighborhood that truly has it all! With the added benefit of quadruplex homes, you can enjoy both comfortable living and financial opportunity in this thriving Long Beach community.

Newest Poly High (9) Homes with Quadruplex Subtype

$799,000
OC26095441 MLS Active Status
Excellent opportunity to acquire a value-add four-unit investment property in the highly desirable Downtown Long Beach submarket. This multi-unit asset offers strong in-place income with significant upside potential through renovation and rental repositioning. The property is currently generating approximately $58,500 in annual gross income, reflecting a current Gross Rent Multiplier (GRM) of 13.68 at the current list price and a cap rate of approximately 6.24%. These metrics position the asset as an attractive opportunity for investors seeking both immediate cash flow and long-term appreciation. With strategic improvements, investors have the ability to reposition the asset, increase rents toward market levels, and further enhance overall returns. The property is ideal for investors pursuing a value-add strategy, long-term hold, or future refinance scenario. Located in the heart of Downtown Long Beach, the property benefits from strong tenant demand driven by proximity to major employment centers, coastal amenities, and a vibrant urban lifestyle. The area is known for its waterfront access, marina, Shoreline Village, The Pike Outlets, and a thriving dining and arts scene, making it a highly desirable location for renters. The property is also well-positioned for public transportation access, with the Metro A Line providing direct connectivity from Downtown Long Beach to Downtown Los Angeles and surrounding areas. Nearby transit hubs and multiple Long Beach Transit bus routes offer convenient local and regional access, enhancing tenant appeal and long-term rental demand. This is a rare opportunity to acquire a centrally located multi-unit property in one of Southern California’s most dynamic coastal markets, offering immediate income with strong upside potential through rental growth and property improvements. Buyer and buyers agent to conduct their own analysis.

1208 N Saint Marys Court, 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.