1634 W Parade, Long Beach, California 90810, Long Beach, 90810 - 0 bed, 0 bath
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Long Beach, California 90810
This Quadruplex Residential Income Asset presents a High-Potential Investment Opportunity with a List Price of $1,100,000—positioned well below the $1,132,187 Fair Market Value by 2%. This valuation gap offers $32,187 in Instant Equity. Featuring a Condition Rating of 3 with recent interior and exterior renovations, the property minimizes immediate capital expenditure. Its 6,580 sqft lot and high-demand location provide strong rental stability. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a cash-flowing multi-family property.
Property is move-in ready.
Despite the 1928 build date, the property has undergone recent interior and exterior renovations. The bathroom displays updated flooring, vanity, and fixtures, indicating the units are well-maintained and move-in ready for tenants.
As a quadruplex marketed as a 'Cash Cow,' this property offers significant rental income opportunities in the high-demand Long Beach residential income market.
The property features recent interior and exterior updates to most units, reducing immediate capital expenditure requirements and allowing for market-competitive rental rates.
Situated on a generous 6,580 square foot lot, the property provides ample space for the four units, offering a better land-to-building ratio than many dense urban multi-family assets.
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.
Originally built in 1928, the property may have underlying aging systems typical of century-old structures that require specialized maintenance despite recent cosmetic remodels.
The property is served by schools with lower performance ratings, such as Cabrillo High School, which may impact long-term appreciation and the target tenant demographic.
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 |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,717 | 2,100 |
| Lot Size | 6,580 | 5,077.5 |
| Price | $1.10M | $1.14M |
| Price per sq ft | $405 | $519 |
| Built year | 1928 | 1950 |
| HOA | $0 | $0 |
| Days on market | 12 | 68 |
Jul 10, 2026
$1,100,000
Initial Listing
Sep 9, 2016
$496,000
Public Record