Traditional

4133 E Mendez

Long Beach , CA 90815

MLS#: OC25239518

$1,699,000

Status: Active
Listing number: OC25239518
Listing provided by: Re/Max Property Connection
Listing agent phone: None
Last update: 5 days ago
On site: 6 days ago
Browse Properties
Eastside - Residential

Property

Beds

9

Full Baths

6

1/2 Baths

None

Year Built

1963

Sq.Footage

4,484

ONE UNIT WILL BE DELIVERED READY TO MOVE IN!! Investor's Dream Opportunity! Live in one unit and rent out the others! - Seasoned or First Time Multifamily Buyers discover the perfect investment opportunity with this fantastic and highly sought after four-plex in Long Beach, conveniently located near the Outer Traffic Circle. This property offers a variety of attractive features including; Front House: spacious 3 bedroom, 2 bath home with huge dining room living room, and newly remodeled showers. Additional units: Three large 2 Bedroom units, each with easy access to a community courtyard, open space, and laundry room. Parking and Storage: Every unit includes an assigned private garage. Recent Upgrades: Both showers in the front unit have been remodeled. Roof was replaced approx. 7 years ago. Convenience: Individually metered for electricity and gas. Built in the 1960's and not many opportunities for a four-plex in this area, this property includes a spacious courtyard and secure, income generating community laundry room with shared machines and separate garages. Prime Location: Just blocks from Alamitos and Junipero Beaches, and close to Cal State University Long Beach, the 2nd & PCH shopping center, Long Beach Exchange, The Hangar, golf courses, parks, and public transit. Rental Potential: All three rented units are well under current market rates. Opportunity to increase NOI immediately. Don't miss this rare chance to own a versatile multi-family property in a high demand area. Unit 1: 3 bed, 2 bath, approx. 1300 sqft. Unit 2: 2 bed, 2 bath approx 1000 sqft. Unit 3: 2 bed, 1 bath approx. 900 sqft Unit 4: 2 bed, 1 bath approx 1100 sq.ft. Each unit has a detached one car garage. All units that are occupied are on a month to month lease.

Features & Amenities

Interior

  • Other Interior Features

    Ceiling Fan(s)

  • Total Bedrooms

    9

  • Bathrooms

    6

  • Cooling YN

    YES

  • Cooling

    Wall/Window Unit(s)

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Wall Furnace

  • Main Level Bedrooms

    5

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    4

  • Construction Materials

    Stucco, Wood Siding

  • Other Exterior Features

    Rain Gutters

  • Parking

    Garage

  • Patio and Porch Features

    Patio

  • Pool

    Yes

  • Pool Features

    None

  • View

    None

Area & Lot

  • Lot Features

    Front Yard

  • Lot Size(acres)

    0.1373

  • Property Type

    Residential

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Traditional

Price

  • Sales Price

    $1,699,000

  • Sq. Footage

    4, 484

  • Price/SqFt

    $378

HOA

  • Association

    NO

School District

  • Elementary School

    Bixby

  • Middle School

    Stanford

  • High School

    Wilson

Property Features

  • Stories

    2

  • Foundation Details

    Slab

  • Senior Community YN

    NO

  • Tax Lot

    14

  • Water Source

    Public

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Location

County

Los Angeles

Elementary School

Bixby

Middle School

Stanford

High School

Wilson

Listing Courtesy of Bryn Hutchinson , Re/Max Property Connection

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ONE UNIT WILL BE DELIVERED READY TO MOVE IN!! Investor's Dream Opportunity! Live in one unit and rent out the others! - Seasoned or First Time Multifamily Buyers discover the perfect investment opportunity with this fantastic and highly sought after four-plex in Long Beach, conveniently located near the Outer Traffic Circle. This property offers a variety of attractive features including; Front House: spacious 3 bedroom, 2 bath home with huge dining room living room, and newly remodeled showers. Additional units: Three large 2 Bedroom units, each with easy access to a community courtyard, open space, and laundry room. Parking and Storage: Every unit includes an assigned private garage. Recent Upgrades: Both showers in the front unit have been remodeled. Roof was replaced approx. 7 years ago. Convenience: Individually metered for electricity and gas. Built in the 1960's and not many opportunities for a four-plex in this area, this property includes a spacious courtyard and secure, income generating community laundry room with shared machines and separate garages. Prime Location: Just blocks from Alamitos and Junipero Beaches, and close to Cal State University Long Beach, the 2nd & PCH shopping center, Long Beach Exchange, The Hangar, golf courses, parks, and public transit. Rental Potential: All three rented units are well under current market rates. Opportunity to increase NOI immediately. Don't miss this rare chance to own a versatile multi-family property in a high demand area. Unit 1: 3 bed, 2 bath, approx. 1300 sqft. Unit 2: 2 bed, 2 bath approx 1000 sqft. Unit 3: 2 bed, 1 bath approx. 900 sqft Unit 4: 2 bed, 1 bath approx 1100 sq.ft. Each unit has a detached one car garage. All units that are occupied are on a month to month lease.

4133 E Mendez

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