3400 East Andy Street

Long Beach,CA 90805

$ 1249000

- Bed

0 Bath

5175 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 5,175 sqft

Price per Sqft $241

Subdivision North Long Beach

MLS Listing ID RS-25029580

Year Built 1963

Lot Size 5,643 Sqft

Property Sub-Type Quadruplex

Property Description

A Prime Investment Opportunity in the heart of Long Beach. This exceptional multi-family property, located at 3400 E Andy Street in Long Beach, presents a lucrative investment opportunity. Well-maintained building that encompasses four spacious townhouse-style units, totaling approximately 5,175 square feet of living space on a 5,643 square foot lot. The complex includes one (1) 3-bedrooms + 1.5 baths unit and three (3) 2-bedrooms + 1.5 bath units. Each unit offers generous living areas of approximately 1,300 square feet. The property is generating a whopping $7575 gross rent per month. All the apartments feature in-unit laundry hookups with private patios and balcony, enhancing tenant convenience and appeal. The townhouse-style layout provides a desirable living arrangement, offering tenants a sense of privacy and space. The property has easy access to shopping (1 mile from Lakewood Mall), grocery, hospital (walking distance), schools and freeway. Situated in a sought-after rental area, this property has a history of strong occupancy rates. The combination of spacious units, in-demand amenities, and prime location makes it an attractive option for investors seeking long-term steady passive rental income and potential appreciation.

Location

State CA

County Los Angeles

Area 7 - North Long Beach

Zoning LBR4R

Interior

Interior Features Balcony

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate,Tile,Vinyl

Fireplaces Type None

Laundry Electric Dryer Hookup,Washer Hookup

Exterior

Parking Features Assigned

Garage Spaces 4.0

Pool None

Community Features Curbs,Urban

View Y/N No

View None

Building

Lot Description 0-1 Unit/Acre

Sewer Public Sewer

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