
Long Beach, California 90808
This Lakewood Village Quadruplex represents a High-Potential Investment Opportunity with a List Price of $1,750,000. While the pricing reflects a premium over the $1,628,295 Fair Market Value, the valuation is supported by the asset's significant Value-Add Potential and rare 6,945-square-foot lot. The property features four 1-bedroom units in Well-Maintained As-Is Condition, offering a stable foundation for future ADU development to maximize ROI. Located near Top-Rated Schools like Bancroft Middle and Holmes Elementary, this high-demand rental is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4255 N Bellflower Subject | $1,750,000* List Price | 0 | 0 | 2,320 | $702 | - |
A 4851 Faculty Active | $1,595,000 List Price | 0 | 0 | 2,514 | $634 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1943-built quadruplex appears to be well-maintained externally with functional systems, but it is being sold in 'as-is' condition. Given the age of the property and the lack of interior photos or mention of recent renovations, the kitchens, bathrooms, and electrical/mechanical systems are likely outdated and require modernization to meet current market standards.
Situated in the highly desirable Lakewood Village, this property benefits from a stable, family-friendly neighborhood with high demand and proximity to top-rated schools and amenities.
The generous 6,945-square-foot lot offers a significant opportunity for future expansion, including the potential to add an Accessory Dwelling Unit (ADU) to increase rental income.
With four 1-bedroom units in a suburban-feeling area near major freeways and the beach, the property is well-positioned to maintain high occupancy rates from a diverse tenant base.
The property is being sold in its current 'as-is' condition, which may necessitate immediate capital expenditures for repairs or modernization given its 1943 construction.
The uniform configuration of four 1-bedroom, 1-bathroom units may limit appeal to larger families and could result in higher turnover compared to multi-bedroom units.
Rare Investment Opportunity in Highly Desirable Lakewood Village Discover this well-maintained 4-plex situated in the highly sought-after Lakewood Village neighborhood of Long Beach. This classic multi-family property, built in 1943, spans approximately 2,320 square feet on a generous lot of approximately 6,945 square feet, featuring four 1-bedroom, 1-bathroom units. Lakewood Village is a family-friendly, suburban-feeling neighborhood known for its wide streets, spacious lawns, excellent schools, abundant parks, convenient access to shopping, dining, and recreational amenities, and proximity to major freeways as well as the beach. The area offers a quiet, established residential environment with strong community appeal. This quadraplex provides a solid foundation in a desirable, stable location with potential for future enhancements, such as an Accessory Dwelling Unit (ADU), subject to local regulations. Ideal for investors seeking a multi-family property in one of Long Beach's most appealing neighborhoods. Please do not disturb tenants. Property sold in as-is condition.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1943 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Mar 23, 2026
$1,750,000
Initial Listing
Oct 12, 2005
$790,000
Public Record
Feb 25, 2002
$332,000
Public Record