486 E Adair, Long Beach, CA 90805

Long Beach
Local realty services provided by:Better Homes and Gardens Real Estate Town Center
486 E Adair,Long Beach, CA 90805
$1,598,000
  • - Beds
  • - Baths
  • 2,800 sq. ft.
  • Multi-family
  • Active
Listed by: nhat nguyen
Office: villa real estate partners inc714-467-8542
MLS#:PW26096551
Source:CRMLS

Price summary

  • Price:$1,598,000
  • Price per sq. ft.:$570.71

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. 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 benefit the tenant mix. This is an investment with...

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Home facts

  • Year built:1939
  • Listing ID #:PW26096551
  • Added:1 day(s) ago
  • Updated:May 05, 2026 at 03:31 PM

Rooms and interior

  • Flooring:Laminate
  • Kitchen Description:Dishwasher, Gas Range
  • Living area:2,800 sq. ft.

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Roof:Asphalt
  • Year built:1939
  • Building area:2,800 sq. ft.
  • Lot area:0.14 Acres
  • Lot Features:Corner Lot
  • Architectural Style:Cottage, Ranch
  • Construction Materials:Asphalt, Lap Siding
  • Foundation Description:Concrete Perimenter
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,598,000
  • Price per sq. ft.:$570.71

Features and amenities

  • Appliances:Dishwasher
  • Amenities:Ceiling Fans
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