$1,075,000

402 E Louise Street, Long Beach, CA 90805

  • 5 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon3,838sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 5 months 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 14 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. Dont miss this rare, high-performing 4-plex in the heart of Long Beach!

Listing Status:
Active
Data Last Updated:
May 20, 2026 at 7:11AM
Listing Office:
INTERNATIONAL REAL ESTATE SVCS : 626-593-4225
Listing Agent:
Zayda Aguirre-Arriaza : 562-713-1318
MLS ID:
CV25263994
  • Pool: N/K
  • General: 1 Story
  • Originating MLS: California Regional MLS
  • County: Los Angeles
  • Zoning: Assessor7127022034
  • Source: California Regional MLS

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

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