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$ 1,075,000
Est. payment | /mo
5 Beds
1,805 SqFt
$ 1,075,000
Est. payment | /mo
5 Beds
1,805 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,805 sqft
Price per Sqft $595
MLS Listing ID CRCV25263994
Bedrooms 5
HOA Y/N No
Year Built 1925
Lot Size 3,836 Sqft
Acres 0.09
Property Sub-Type Quadruplex
Property Description
Welcome to 402 E Louise Street, an exceptional 4-unit income property in North Long Beach featuring two newer ADUs built in 2022. The original duplex was also recently remodeled and was improved with an additional bedroom making both original units 2 bed/1 bath each. This well-maintained asset offers an exceptional blend of stable cash flow, modern construction, very low maintenance and future rent upside. The property consists of two 2-bed/1-bath units, one 1-bed/1-bath and one studio. All separately metered (electric, gas and water) and fully occupied with reliable tenants. Current monthly income is $6,761 ($81,132 annually) with proven upside toward market rents. Both ADUs are in excellent condition and reduce long-term maintenance costs, making this an ideal turnkey investment. Situated on a quiet residential street near shopping, schools, and major commuter routes, this property qualifies for residential 1–4 unit financing, appealing to both investors and owner-users. A fantastic opportunity to own a versatile, income-producing property with legal ADUs and strong long-term value. Don't miss this rare, high-performing 4-plex in the heart of Long Beach!
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry No Hookups
Building
Lot Description Other
New Construction No
Others
Tax ID 7127022034
Virtual Tour https://animoto.com/play/56pEZCK4wt16AABkYIhbow
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Zayda Aguirre-Arriaza • INTERNATIONAL REAL ESTATE SVCS
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