1634 W Parade, Long Beach, California 90810, Long Beach, 90810 - 0 bed, 0 bath
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1634 W Parade
Long Beach, California 90810
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
2,717Sq Ft
6,580Lot Size
Property Price
LIST PRICE$1,100,000
EST. MARKET VALUE
$1,163,681
5% BelowMARKET VALUE
SUMMARY
This Quadruplex Residential Income Asset presents a Strong Value Opportunity, listed at $1,100,000—positioned well below the $1,163,681 Fair Market Value by 5%. This valuation gap offers $63,681 in Instant Equity for the savvy buyer. Featuring a Condition Rating of 2 with recent interior and exterior remodels, this property minimizes immediate capital expenditure. With high rental demand and proximity to local schools, this is an ideal acquisition for Buy-and-Hold Investors or 1031 Exchange Buyers seeking a stabilized, income-generating portfolio addition.
Estimated Market Value
$1,163,681+$63,681 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Long Beach.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While originally built in 1928, the property has undergone a recent comprehensive remodel to the interior and exterior of the units. Visual evidence shows modern bathroom renovations with subway tile and contemporary black fixtures, along with updated windows and doors, placing it in the <5 year renovation category.
PROSSTRENGTHS & OPPORTUNITIES
- High Income Potential
As a quadruplex marketed as a 'Cash Cow,' this property offers significant rental income opportunities in the high-demand Long Beach investment market.
- Recent Capital Improvements
The property features recent interior and exterior remodels across most units, reducing immediate maintenance costs and increasing immediate rental value.
- Strategic Location
Situated within walking distance to local schools like Cabrillo High and Garfield Elementary, the location is highly convenient for family-oriented tenants.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6580, other record lot size in square feet = 6481.
- Vintage Construction
Originally built in 1928, the property may require ongoing attention to aging infrastructure systems common in century-old buildings despite recent cosmetic updates.
- Lower School Ratings
The local high school is rated a 3/10, which may impact the property's long-term appreciation potential and appeal to certain tenant demographics.
About 1634 W Parade
Long Beach Cash Cow!! Large 4 units with recent remodel to the interior and exterior of most units.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1928
- Lot Size
- 6,580 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Long Beach Unified Schools
Garfield Elementary School
Grades K-5 • 0.5 mi
6/10
Webster Elementary School
Grades K-5 • 1.8 mi
5/10
Dominguez Elementary School
Grades K-5 • 3.1 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.9 |
| Baths | 0.0 | 4.4 |
| Square foot | 2,717 | 2,300.724 |
| Lot Size | 6,580 | 5,277.379 |
| Price | $1.10M | $1.24M |
| Price per sq ft | $405 | $513 |
| Built year | 1928 | 1949 |
| HOA | $0 | $0 |
| Days on market | 16 | 74 |
Pricing History
Listed for Sale
Aug 24, 2026
$1,100,000
Initial Listing
Sold
Sep 9, 2016
$496,000
Public Record