522 E Rhea Street E, Long Beach, CA 90806 - Berkshire Hathaway HomeServices California Properties

Back on The Market!!THIS 4-UNIT PROPERTY IS A RARE FIND FOR INVESTORS Looking for Great Income, with a Current Gross Schedule Income of $149,300 per Year!!! With a Current Cap Rate at 6.75, Also, The Entire Building was Totally Remodeled Down to the Studs in 2019.The Property Currently has a Newer Roof, Newer Copper Plumbing Throughout, Newer Windows, Newer Interior & Exterior Paint, Newer Laminated Wood and Tile Flooring throughout, Recess Lighting Throughout, Remodeled Kitchens with Newer Wood Cabinets, Granite Countertops, Newer Refrigerators, Stoves, Microwaves, Washers & Dryers, That's Included with the Purchase!! This 4-Unit Building Offers (THREE) 4/Bedrooms 2/Bathrooms & (ONE) 3/Bedrooms with 1/Bathroom. Each Unit is Individually Metered with Gas & Electricity and Currently the Building is 100% Tenant Occupied. This Property Offers Great Gated Parking for Tenants, with (8) Inside Parking Spaces. This Property Wont Last!!6

Property type: Quadruplex (Multi-Family)

Status: Pending

MLS# PW24016535

List price is $1,780,000

Beds: 0

Baths: 0

None fireplaces

Built in 1923

2 stories

0.15 acres

Lot size: 0.1492

Subdivision: Poly High (PH)

County: Los Angeles

Construction: Stucco,Copper Plumbing

Interior features: Ceiling Fan(s),Granite Counters,Recessed Lighting

Appliances: Dishwasher,Free-Standing Range,Gas Cooktop,Disposal,Gas Oven,Gas Water Heater,Microwave,Portable Dishwasher,Refrigerator,Dryer,Washer

Parking description: Assigned,Concrete,Gated,On Site

Lot description: TwoToFiveUnitsAcre,Near Public Transit

Heating/cooling: None

Heating description: Wall Furnace

MLS area: 9 - Poly High

Last Updated: 3/17/2025

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This listing belongs to the 9 - Poly High MLS area

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Lat/Long: 33.792321, -118.186518.
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Listing Agent: Marvin Malone
Lic#: 01234982
Office Name: Mission Viejo

No schools were found in the area

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National: