816 Alamitos Avenue, Long Beach, CA 90813

Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
#1#2#3
816 Alamitos Avenue,Long Beach, CA 90813
$1,425,000
  • - Beds
  • - Baths
  • 3,498 sq. ft.
  • Multi-family
  • Active
Listed by:anthony walker
Office:buckingham investments, inc
MLS#:CRSB25066385
Source:CAMAXMLS

Price summary

  • Price:$1,425,000
  • Price per sq. ft.:$407.38

About this home

Rare opportunity to own a cash-flowing 4-plex in the heart of Alamitos Beach, Long Beach! This well-maintained property features 4 spacious, oversized units with exceptional tenant retention—only one turnover in 5 years—ensuring high occupancy and stable income. Three units have been extensively renovated with modern finishes, including stainless steel appliances, quartz countertops, updated bathrooms, and energy-efficient systems, while the fourth offers value-add potential for increased rents. The property consists of one 5 bed/1 bath house, one 4 bed/2 bath house, and two 3 bed/1 bath apartments on a 6483 square foot lot. This is the lowest GRM and best income 4 unit for sale in the whole city of Long Beach at 11.3X GRM on actuals and 11.2X GRM on market rents, and is only 8 blocks to the beach and Pacific Ocean. Expenses are low being separately metered for gas and electric. Located in an opportunity zone blocks from Alamitos Beach, Retro Row, and downtown, tenants enjoy

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Home facts

  • Year built:1922
  • Listing Id #:CRSB25066385
  • Added:140 day(s) ago
  • Updated:August 14, 2025 at 05:13 PM

Rooms and interior

  • Living area:3,498 sq. ft.

Heating and cooling

  • Cooling:No Air Conditioning
  • Heating:Wall Furnace

Structure and exterior

  • Roof:Composition, Flat
  • Year built:1922
  • Building area:3,498 sq. ft.
  • Lot area:0.15 Acres

Finances and disclosures

  • Price:$1,425,000
  • Price per sq. ft.:$407.38
MLS LogoBay East 2025. CCAR 2025 bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at August 14, 2025

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