UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,328 sqft
Price per Sqft $270
MLS Listing ID OC-26118293
Style Traditional
Bedrooms 9
Full Baths 4
Year Built 1921
Lot Size 4,648 Sqft
Property Sub-Type Quadruplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
508 W 10th Street is a prime quadruplex ready for remodel, offering incredible upside to ride the equity curve with a high proforma cap rate, in one of Long Beach's most dynamic neighborhoods. This four-unit building is perfectly positioned just blocks from downtown and only one block from convenient public transportation.
The property is vacant, making it ideal for investors or owner-occupants looking to renovate and maximize rental income. The configuration includes three 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit. Each unit features private en suite laundry, and the building includes a detached one-car garage for added convenience.
Located in the heart of Long Beach, this property sits amid a transformative $1.3 billion revitalization campaign, putting future growth and value right at your doorstep. Don't miss the chance to capitalize on a property with excellent location, flexible layout, and strong investment potential.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Interior
Interior Features Copper Plumbing Full
Heating Wall Furnace
Cooling None
Flooring Wood
Fireplaces Type None
Laundry Gas Dryer Hookup, Individual Room, Washer Hookup
Exterior
Exterior Feature Awning(s), Rain Gutters
Garage Spaces 4.0
Pool None
Community Features Biking, Dog Park, Park, Sidewalks, Street Lights
Utilities Available Sewer Available, Sewer Connected, Water Available, Water Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available
View Y/N No
View None
Building
Lot Description Front Yard, Level with Street, 2-5 Units/Acre
Sewer Public Sewer
Nearby Locations
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Naghmeh Keyvani
Broker Associate | License ID: DRE# 02091823
Broker Associate License ID: DRE# 02091823