Listing provided courtesy of Sophea Pel of RE/MAX College Park Realty. Last updated 2025-09-29 08:12:14.000000. Listing information © 2025 Sandicor.
Asking Price: $1,750,000 |
1224 17th, Long Beach CA 90813
Community: 4 - Downtown Area, Alamitos Beach
This Quadruplex property was built in 1925 and is priced at $1,750,000. Please see the additional details below.
HUGE PRICE REDUCTION! Great opportunity to own a great income producing 5-units investment property in the center of Long Beach, CA! Tax record shows as 4 units but currently has 5 units. This 2 building property sits on a huge 7,790 SF lot and 5,016 SF living area. Property has (4) 2 bedrooms/1baths units and a separate (1) 3 bedroom/2 baths fully remodeled unit in the back above 6 garages. All 6 garages are rented out by tenants. Property is managed by property management company. It has low yearly operating expenses and high net income. Rents are below market with 4 units eligible for rental increase June and September 2025, and another unit in May 2027. Property is located in Central area of Long Beach, close to eateries, markets and schools.
