1634 W Parade, Long Beach, California 90810, Long Beach, 90810 - 0 bed, 0 bath
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Long Beach, California 90810
This quadruplex presents a Strong Value Opportunity with a List Price of $1,100,000—positioned well below the $1,191,533 Fair Market Value by 7%. This valuation gap offers $91,533 in Instant Equity for the savvy buyer. Featuring a Condition Rating of 2 with recent interior and exterior remodels, this asset minimizes immediate capital expenditure. The property offers high rental demand and a spacious 6,580 sqft lot, making it an ideal acquisition for Buy-and-Hold Investors or Portfolio Managers seeking immediate cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1634 W Parade Subject | $1,100,000* List Price | 0 | 0 | 2,717 | $439 | - |
A 2260 Easy Avenue Pending | $1,025,000 List Price | 6 | 3 | 1,982 | $517 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1928, the property has undergone a recent comprehensive remodel to both the interior and exterior. The images confirm a modern kitchen with white shaker cabinets and new countertops, along with updated laminate flooring and fresh paint throughout, meeting the criteria for a renovation completed within the last 5 years.
This quadruplex is positioned as a 'cash cow' investment, offering four units in a high-demand rental market, providing immediate and consistent cash flow.
The property features recent interior and exterior remodels across most units, reducing the need for immediate capital expenditures and allowing for premium rental rates.
With a 6,580 square foot lot for 2,717 square feet of living space, the property offers a spacious footprint for a multi-family asset in a dense urban area.
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.
Built in 1928, the property may have aging plumbing, electrical, or structural systems that require more frequent maintenance compared to modern constructions.
The local school district ratings, particularly the nearby high school's 3/10 rating, may impact long-term appreciation and the diversity of the prospective tenant pool.
Long Beach Cash Cow!! Large 4 units with recent remodel to the interior and exterior of most units.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.8 mi
Grades K-5 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 50% |
| Baths | 0.0 | 1.0 | 50% |
| Square foot | 2,717 | 1,505 | 83% |
| Lot Size | 6,580 | 5,269.5 | 67% |
| Price | $1.10M | $930.0K | 83% |
| Price per sq ft | $405 | $500 | 17% |
| Built year | 1928 | 1954 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 119 | 17% |
May 12, 2026
$1,100,000
Initial Listing
Sep 9, 2016
$496,000
Public Record