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3025 E Theresa

Long Beach, CA 90814
  • $1,990,000
  • STATUS: Active
  • ON SITE: 26 Days
  • ID#: OC25256259
UPDATED: 73 min ago
$1,990,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1973
County:

School Ratings & Info

Listing Agent(s): Gilda Minaie of Associated Realtors (949-679-8880)


Description

Prime Fourplex Investment Opportunity in the Heart of the City- Discover this exceptional four-unit multifamily property perfectly situated in a desirable and quiet residential neighborhood with strong rental demand. This 4170 sq.ft. building sits on a 7501 sq.ft. lot and features spacious (1) 3bedroom, 2 bathrooms, (3) 2bedroom, two-baths units, each individually metered for gas and electricity-offering convenience and efficiency for both tenants and owners. Priced at a competitive $477 per rentable square foot, this property presents and excellent value-add investment with upside potential in rental income. Recent improvements new roof and garage doors, adding long-term durability and reduced maintenance costs. With its central location, solid fundamentals, and room for income growth, this fourplex is a great opportunity for investors seeing stability and future appreciation in a thriving rental market.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-04T17:35:10.073. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/169731755
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3025 E Theresa Long Beach, CA 90814

  • Price: $1,990,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 73 min ago
  • ID#: OC25256259
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1973
Built
Neighborhood:
Belmont Heights (Bh)
County:
Los Angeles
Area:
2 - Belmont Heights, Alamitos Heights
Property Description
Prime Fourplex Investment Opportunity in the Heart of the City- Discover this exceptional four-unit multifamily property perfectly situated in a desirable and quiet residential neighborhood with strong rental demand. This 4170 sq.ft. building sits on a 7501 sq.ft. lot and features spacious (1) 3bedroom, 2 bathrooms, (3) 2bedroom, two-baths units, each individually metered for gas and electricity-offering convenience and efficiency for both tenants and owners. Priced at a competitive $477 per rentable square foot, this property presents and excellent value-add investment with upside potential in rental income. Recent improvements new roof and garage doors, adding long-term durability and reduced maintenance costs. With its central location, solid fundamentals, and room for income growth, this fourplex is a great opportunity for investors seeing stability and future appreciation in a thriving rental market.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 1 Parking Features Asphalt Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features Street LightsSidewalks Electric Expense 30 Fuel Expense 0 Garage YN Yes Gross Income 101000 Gross Scheduled Income 101000 Insurance Expense 1000 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional Net Operating Income 86000 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 0 Operating Expense 15000 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Sewer Tap Paid Special Listing Conditions Standard Tenant Pays ElectricityGasWater Trash Expense 500 Water Sewer Expense 200 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-04T17:35:10.073. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Gilda Minaie of Associated Realtors (949-679-8880)