
Long Beach, California 90814
This Historic Quadruplex Asset represents a Strong Value Opportunity, listed at $1,100,000—positioned well below the $1,175,752 Fair Market Value by 6%. This valuation gap provides $75,752 in Instant Equity for the incoming buyer. While maintaining a Well-Maintained Condition Rating, the 1912 structure offers significant value-add potential through system modernization and cosmetic updates. Located in the high-demand Rose Park neighborhood near Belmont Heights, the property benefits from coastal proximity and strong rental demographics. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2421 E 6th Subject | $1,100,000* List Price | 0 | 0 | 2,544 | $462 | - |
A 678 Coronado Pending | $1,050,000 List Price | 0 | 0 | 1,975 | $532 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1912, this property is described as well-maintained but shows clear signs of age typical of a century-old structure. The exterior features older siding and window AC units, indicating that major systems have not been fully modernized. While functional for rental purposes, the property likely requires cosmetic and system updates to meet current modern standards.
Situated in the highly desirable Rose Park neighborhood near Belmont Heights, this property commands high rental demand and long-term appreciation potential in a sought-after Long Beach market.
As a quadruplex, the property offers a rare opportunity for both seasoned investors and owner-users looking to utilize residential financing while generating significant rental income.
Built in 1912, the property preserves its historic charm while being noted as well-maintained, offering a blend of aesthetic appeal and immediate functional readiness for tenants.
Given the 1912 construction date, the property may require ongoing specialized maintenance or future capital expenditures for aging plumbing, electrical, and structural systems.
With a total of 2,544 square feet divided among four units, the individual footprints are relatively small, which may limit the tenant pool to individuals or couples rather than larger households.
Charming Income Property in the Heart of Rose Park! This well-maintained multi-unit property is ideally located in the highly desirable Rose Park neighborhood, near Bluff Heights and just minutes from Belmont Heights and Belmont Shore. Offering a prime opportunity for both investors and owner-users, this property features strong rental potential in one of Long Beach’s most sought-after areas.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,544 | 2,058 | 75% |
| Lot Size | 6,288 | 5,866 | 63% |
| Price | $1.10M | $1.36M | 25% |
| Price per sq ft | $432 | $639 | 25% |
| Built year | 1912 | 1933 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 116 | 13% |
Apr 14, 2026
$1,100,000
Initial Listing
Dec 10, 1993
$197,500
Public Record