1084 E 19th, Long Beach, California 90806, Long Beach, 90806 - 4 bed, 4 bath
ACTIVE$750,000
1084 E 19th, Long Beach, California 90806
4Beds
4Baths
2,100Sqft
3,906Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Asset: This quadruplex property offers a rare opportunity to own a 4-unit building, providing a consistent stream of rental income for investors.
Top Cons:
Property Age and Potential Updates: Built in 1962, the property may require significant capital expenditures for updates to aging systems (plumbing, electrical, HVAC) and general modernization to remain competitive and attract premium tenants.
Compared to the nearby listings
Price:$750.0K vs avg $897.5K ($-147,500)25%
Size:2,100 sqft vs avg 2,156 sqft50%
Price/sqft:$357 vs avg $43131%
More Insights
Built in 1962 (63 years old).
Condition: Built in 1962, this property is 62 years old and shows no evidence of significant recent renovations. The exterior images depict an aged building with older windows and security bars, consistent with its construction era. The listing description explicitly notes that the property 'may require significant capital expenditures for updates to aging systems (plumbing, electrical, HVAC) and general modernization.' Without interior photos, it's highly probable that the kitchens and bathrooms are original or have only received minor, outdated cosmetic updates, requiring substantial repairs and rehabilitation to meet current standards. The property's age and the stated need for major system updates align with the 'poor' condition criteria.
Year Built
1962
Close
-
List price
$750K
Original List price
$750K
Price/Sqft
$357
HOA
-
Days on market
-
Sold On
-
MLS number
PW25267494
Home ConditionPoor
Features
ViewNeighborhood
About this home
Rare opportunity to own a 4 unit building within walking distance of Long Beach Community College. Four one bedroom, one bath apartments in a quiet street.
Nearby schools
4/10
Whittier Elementary School
Public,•K-5•0.4mi
7/10
Roosevelt Elementary School
Public,•K-5•0.6mi
5/10
Burnett Elementary School
Public,•K-5•0.6mi
8/10
Signal Hill Elementary School
Public,•K-5•0.6mi
6/10
Washington Middle School
Public,•6-8•1.0mi
6/10
Franklin Classical Middle School
Public,•6-8•1.2mi
6/10
Polytechnic High School
Public,•9-12•0.4mi
Condition Rating
Poor
Built in 1962, this property is 62 years old and shows no evidence of significant recent renovations. The exterior images depict an aged building with older windows and security bars, consistent with its construction era. The listing description explicitly notes that the property 'may require significant capital expenditures for updates to aging systems (plumbing, electrical, HVAC) and general modernization.' Without interior photos, it's highly probable that the kitchens and bathrooms are original or have only received minor, outdated cosmetic updates, requiring substantial repairs and rehabilitation to meet current standards. The property's age and the stated need for major system updates align with the 'poor' condition criteria.
Pros & Cons
Pros
Income-Generating Asset: This quadruplex property offers a rare opportunity to own a 4-unit building, providing a consistent stream of rental income for investors.
Prime Rental Location: Situated within walking distance of Long Beach Community College, the property is ideally positioned to attract a steady pool of student and faculty tenants.
Desirable Unit Mix: Comprising four 1-bedroom, 1-bathroom apartments, the unit configuration caters to a popular rental demographic, maximizing occupancy potential.
Quiet Residential Setting: Located on a quiet street, the property offers a peaceful living environment, enhancing tenant appeal and retention.
Strong School District Access: The property is within the Long Beach Unified School District, with highly-rated schools like Signal Hill Elementary (rating 8) and Polytechnic High School (rating 6) nearby, appealing to families.
Cons
Property Age and Potential Updates: Built in 1962, the property may require significant capital expenditures for updates to aging systems (plumbing, electrical, HVAC) and general modernization to remain competitive and attract premium tenants.
Limited Unit Size: With an average of 525 sqft per 1-bedroom unit, the smaller size might limit appeal to certain tenant demographics or command lower rents compared to larger units in the market.
Unspecified Amenities/Parking: The property description does not detail specific amenities such as on-site laundry, dedicated parking, or significant outdoor common areas, which could be a competitive disadvantage in the Long Beach rental market given the 3906 sqft lot size.