251 E Nevada Street, Long Beach, CA 90806 - MLS#IG25071699

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Nicole Hazelton

[email protected] +1(619) 206-1892

$1,399,000

Est. payment - /mo

9 Beds

7 Baths

6,429 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID IG25071699

Bedrooms 9

HOA Y/N No

Lot Size 6,429 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Located in Long Beachs Wrigley neighborhoodan area benefiting from ongoing city investment and revitalization251 E Nevada St presents a rare opportunity to own a large, income-generating fourplex with solid functionality and strong long-term upside. While legally recorded as a 7-bedroom, 6-bathroom building, the property is currently configured as 9 bedrooms and 6 bathrooms across four spacious units: one 3-bedroom, 2-bath unit; two 2-bedroom, 2-bath units; and one 2-bedroom, 1-bath unit. With approximately 4,651 square feet of interior space, each unit offers larger layouts than typically found in this segment of the market. This added bedroom and square footage advantage supports stronger rents compared to similarly sized buildingsan appealing benefit for investors focused on maximizing return. Each unit is assigned a garage, and the property sits on a well-kept lot in a high-demand rental corridor. Whether you're seeking in-place cash flow, a value-add opportunity, or a solid 1031 exchange target, 251 E Nevada offers the scale and flexibility rarely found in this price range.
Located in Long Beachs Wrigley neighborhoodan area benefiting from ongoing city investment and revitalization251 E Nevada St presents a rare opportunity to own a large, income-generating fourplex with solid functionality and strong long-term upside. While legally recorded as a 7-bedroom, 6-bathroom building, the property is currently configured as 9 bedrooms and 6 bathrooms across four spacious units: one 3-bedroom, 2-bath unit; two 2-bedroom, 2-bath units; and one 2-bedroom, 1-bath unit. With approximately 4,651 square feet of interior space, each unit offers larger layouts than typically found in this segment of the market. This added bedroom and square footage advantage supports stronger rents compared to similarly sized buildingsan appealing benefit for investors focused on maximizing return. Each unit is assigned a garage, and the property sits on a well-kept lot in a high-demand rental corridor. Whether you're seeking in-place cash flow, a value-add opportunity, or a solid 1031 exchange target, 251 E Nevada offers the scale and flexibility rarely found in this price range.

Location

State CA

County Los Angeles

Area Long Beach (90806)

Zoning Assessor

Exterior

Roof Type Composition

Building

Lot Description Curbs, Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Monthly Total Fees $83

Acceptable Financing Cash, Conventional, Exchange

Space Rent $2,590

Listing Terms Cash, Conventional, Exchange

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Listed by Ty Youngblood • Keller Williams Realty

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Nicole Hazelton

+1(619) 206-1892

Broker Associate | License ID: 01819363

Broker Associate License ID: 01819363

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251 E Nevada Street Long Beach, CA 90806

Nicole Hazelton

Key Details

Location

Exterior

Building

Others

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