$1,075,000

402 E Louise Street, Long Beach, CA 90805

  • 5 beds
  • 1,805 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $596/sqft
  • Property List Date Icon Listed 2 days ago

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!

Listing Status:
Active
Date Added:
December 3, 2025 at 06:00AM
Listing Office:
INTERNATIONAL REAL ESTATE SVCS : 626-593-4225
Listing Agent:
Zayda Aguirre-Arriaza : 562-713-1318
MLS ID:
CRCV25263994
  • Laundry: No Hookups
  • Parking: Off Street
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: 7127022034
  • Source: CRMLS

This listing courtesy of Zayda Aguirre-Arriaza, INTERNATIONAL REAL ESTATE SVCS

Monthly Payment

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

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Location

Schools Nearby

A

Addams Elementary School

5320 Pine Ave, Long Beach, CA, 90805

Grades KG-5

0.22 miles away

L

Lindbergh STEM Academy

1022 E Market St, Long Beach, CA, 90805

Grades 6-8

0.44 miles away

J

Jordan High School

6500 Atlantic Ave, Long Beach, CA, 90805

Grades 9-12

1.23 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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