Long Beach, CA 90804 821 Obispo Avenue
$1,785,000
Pending
2 more
Presented By: Oriana Shea with Real Brokerage Technologies; 562-477-3388
Beds • 12
Baths • 1
SQFT • 4,920
Year Built • 1974
Home Details
INCREDIBLE INVESTMENT OPPORTUNITY in Rose Park!!! This four-unit property offers spacious 3-bedroom, 2-bathroom units, each boasting over 1,200 sqft of living space and convenient laundry hookups. Perfect for owner-occupiers seeking rental income, each unit provides ample room and modern amenities. With potential for significant upside through cosmetic upgrades, the property includes covered parking for four cars on its expansive 6,700+ sqft lot, with additional parking space available. Opportunities abound, including potential ADU additions or converting covered parking into garages for added income. Located near Cal State Long Beach, Second St, freeway access, and the beach, this property promises both convenience and investment potential.
Presented By: Oriana Shea with Real Brokerage Technologies; 562-477-3388
Interior Features for 821 Obispo Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesWasherHookup, GasDryerHookup
Total Stories2
Other Rooms
Entry Level1
General for 821 Obispo Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces4.0
Carport Y/NYes
CityLong Beach
Community FeaturesSuburban, Sidewalks
CoolingNone
CountyLos Angeles
DirectionsNorth of 7th St
ElectricStandard
Electric On Property Y/NNo
Entry Location1
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income10270.0
HOANo
HOA Fee$0.0
HeatingForcedAir
Home Warranty Y/NNo
Insurance Expense2800.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan, Conventional, Submit
Lot Size Square Feet6745.0
Lot Size UnitsSquareFeet
MLS Area3 - Eastside, Circle Area
MobileHomeRemainsYNNo
Net Operating Income115474.0
New ConstructionNo
Number Of Units Total4
Operating Expense7766.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Subdivision NameRose Park
Tax Lot20
Tenant PaysElectricity, Gas
Trash Expense720.0
UtilitiesCableAvailable, ElectricityConnected, PhoneAvailable, SewerConnected, WaterConnected
Water Sewer Expense3346.0
Waterfront Y/NNo
Year Built1974
Year Built SourceAssessor
ZoningLBR2N
Exterior for 821 Obispo Avenue
Building Area Total4920.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres0.1548
Lot Size Area6745.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters0
Open Parking Y/NNo
Parking FeaturesCarport
Private PoolNo
SpaNo
Total Parking4.0
Water SourcePublic
Additional Details
Price History
