1216 56th, Long Beach, CA 90805
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1216 56th,Long Beach, CA 90805
$1,199,999
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Upcoming open houses
- Sat, Jul 1111:00 am - 02:00 pm
Listed by: christina mercado
Office: circle real estate
MLS#:DW26145351
Source:MLSListings
Price summary
- Price:$1,199,999
About this home
Great investment opportunity in Long Beach! This upgraded quadplex offers strong income potential with an approximate **7% cap rate** and **one unit currently vacant**, creating an ideal option for an owner-user or investor looking to place a new tenant at market rent. The property features **four total units**, with the remaining units occupied and income-producing. Recent improvements include an updated exterior, refreshed interiors in select units, modern finishes, and clean curb appeal. Each unit has dedicated parking, adding convenience and value for tenants. With solid rental income, recent upgrades, and upside potential through the vacant unit, this property is a great addition to any rental portfolio. Along with Community Laundry. Buyer to verify all rents, expenses, cap rate, permits, unit mix, and property details.
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Home facts
- Year built:1965
- Listing ID #:DW26145351
- Added:6 day(s) ago
- Updated:July 09, 2026 at 04:12 AM
Heating and cooling
- Heating:Radiant
Structure and exterior
- Year built:1965
- Lot area:0.11 Acres
- Lot Features:Mid Block
Utilities
- Water:District - Public
Finances and disclosures
- Price:$1,199,999
Features and amenities
- Laundry features:Community Facility, In Garage, In Laundry Room, Laundry Area, Stacked Only, Washer/Dryer - Owned
Parking
- Parking description:Assigned Spaces, Carport(s)
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