Log In/Sign Up
Your email has been sent.
4255 N Bellflower Blvd - 4255 N Bellflower Blvd 4 Unit Apartment Building Offered at $1,750,000 at a 3.84% Cap Rate Long Beach, CA 90808
Investment Highlights
- Current monthly rental revenue: $8,140
- Opportunity to add value: The property could accommodate an ADU (Accessory Dwelling Unit)
- Proven track record as an income-producing asset in a stable, appreciating market
Executive Summary
Rare Investment Opportunity in Highly Desirable Lakewood Village
Discover this well-maintained 4-plex (quadruplex) situated in the highly sought-after Lakewood Village neighborhood of Long Beach – an area known for its strong rental demand, family-friendly vibe, excellent schools, proximity to parks, shopping, and easy access to major freeways and the beach. Built in 1943, this classic multi-family property spans approximately 2,320 square feet on a generous 6,945 sq ft lot, featuring 4 units each one bedroom one bathroom. 4 bedrooms.
- Current monthly rental revenue: $8,140 (strong gross income providing solid cash flow potential for investors).
- Proven track record as an income-producing asset in a stable, appreciating market.
- Opportunity to add value: The property could accommodate an ADU (Accessory Dwelling Unit) – a significant upside in California's ADU-friendly environment, potentially boosting rental income further through additional units.
Lakewood Village remains a top choice for real estate investors due to its low vacancy rates, consistent appreciation, and desirable location near retail, dining, and recreational amenities. This 4-plex offers immediate income with room for optimization, making it an attractive addition to any portfolio focused on Long Beach multifamily properties.
Discover this well-maintained 4-plex (quadruplex) situated in the highly sought-after Lakewood Village neighborhood of Long Beach – an area known for its strong rental demand, family-friendly vibe, excellent schools, proximity to parks, shopping, and easy access to major freeways and the beach. Built in 1943, this classic multi-family property spans approximately 2,320 square feet on a generous 6,945 sq ft lot, featuring 4 units each one bedroom one bathroom. 4 bedrooms.
- Current monthly rental revenue: $8,140 (strong gross income providing solid cash flow potential for investors).
- Proven track record as an income-producing asset in a stable, appreciating market.
- Opportunity to add value: The property could accommodate an ADU (Accessory Dwelling Unit) – a significant upside in California's ADU-friendly environment, potentially boosting rental income further through additional units.
Lakewood Village remains a top choice for real estate investors due to its low vacancy rates, consistent appreciation, and desirable location near retail, dining, and recreational amenities. This 4-plex offers immediate income with room for optimization, making it an attractive addition to any portfolio focused on Long Beach multifamily properties.
Property Facts
Amenities
Unit Amenities
- Washer/Dryer
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
1 1
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
1 of 13
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
4255 N Bellflower Blvd - 4255 N Bellflower Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.