486 Adair, Long Beach, CA 90805

Long Beach
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
486 Adair,Long Beach, CA 90805
$1,539,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: nhat nguyen
Office: villa real estate partners inc
MLS#:PW26096551
Source:MLSListings

Price summary

  • Price:$1,539,000

About this home

(4) unit multi-family building in Long Beach, CA. The building features unit mix of (1) 3 Bed/1 Bath unit and (3) 1 Bed/1 Bath units stretching across 2,800+/- rentable square feet. This stabilized asset offers tremendous opportunity for 1031 exchange buyers looking to increase their cash flow on Day 1. Further, a substantial portion of Rental Income of rents secured by Section 8 Vouchers by Housing Assistant Long Beach Minimizing risk and providing reliable cash flow, so the uncertainty of future rent moratoriums will significantly reduce the likelihood of lost revenue. The property also includes on site Washer and dryer laundry. Total rental income Annually all 4 units $107,700.00 The building is in excellent condition, and all (4) units have been extensively remodeled with professional grade finishes. In addition, the gated entry ensures secured access to the property. The property is located within close proximity to many retail, dining, and entertainment options that greatly...

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Home facts

  • Year built:1939
  • Listing ID #:PW26096551
  • Added:141 day(s) ago
  • Updated:September 28, 2026 at 04:28 PM

Rooms and interior

  • Flooring:Laminate
  • Kitchen Description:Dishwasher

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:1939
  • Lot area:0.14 Acres
  • Lot Features:Mid Block
  • Architectural Style:Cottage, Ranch
  • Foundation Description:Concrete Perimeter
  • Levels:1 Story, Split Level

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$1,539,000

Features and amenities

  • Laundry features:Laundry Area
  • Amenities:Ceiling Fan(s)
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