$1,199,999

1216 E 56th, Long Beach, CA 90805

  • 3,906 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1965
  • Property Lot Size Icon4,805sqft lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $307/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Great investment opportunity in Long Beach! This upgraded quadplex offers strong income potential with an approximate **7% cap rate** and **one unit currently vacant**, creating an ideal option for an owner-user or investor looking to place a new tenant at market rent. The property features **four total units**, with the remaining units occupied and income-producing. Recent improvements include an updated exterior, refreshed interiors in select units, modern finishes, and clean curb appeal. Each unit has dedicated parking, adding convenience and value for tenants. With solid rental income, recent upgrades, and upside potential through the vacant unit, this property is a great addition to any rental portfolio. Along with Community Laundry. Buyer to verify all rents, expenses, cap rate, permits, unit mix, and property details.

Listing Status:
Active
Date Added:
July 3, 2026
Data Last Updated:
July 4, 2026 at 8:19PM
Listing Office:
Circle Real Estate : 562-521-9022
Listing Agent:
Christina Mercado : 323-799-0599
MLS ID:
DW26145351
  • Laundry: Common AreaIn GarageLaundry RoomStacked
  • A/C: None
  • Heating: Radiant
  • Fireplace: None
  • General: None
  • Pool: None
  • Parking: AssignedCarportParking spaces: 4
  • General: 2
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CRM
  • County: Los Angeles
  • Zoning: 7128013003
  • View: None
  • Utilities: Cable AvailableElectricity AvailableSewer AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: CRMLS_CRM

This listing courtesy of Christina Mercado , Circle Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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