Bought with Juan Huizar • Sage Real Estate Group, Inc.
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5536 E Daggett Street Long Beach, CA 90815
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Key Details
Sold Price $2,090,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,135 sqft
Price per Sqft $407
MLS Listing ID CRPW25047352
Year Built 1963
Lot Size 6,319 Sqft
Property Sub-Type Quadruplex
Property Description
Sage Real Estate is proud to present 5536 E. Daggett Ave, a rare multifamily investment opportunity in the highly sought-after Los Altos neighborhood of Long Beach (90815). Surrounded primarily by single-family homes with an average sales price of $1,100,000, this property stands out as one of the few fourplexes in the area. Out of the 2,848 fourplexes in Long Beach, only 5% are located in this zip code, and no similar property has sold in this part of Los Altos in over five years. At 5,135 square feet, this is one of the largest fourplexes in Long Beach. This well-maintained four-unit building features spacious 2-bedroom, 2-bathroom units, each approximately 1,075 sq. ft. Additionally, a brand-new ADU offers 1 bedroom, 1 bathroom, and 835 sq. ft. of living space, and will be delivered vacant at closing, providing an excellent opportunity for owner occupancy or additional rental income. The current rental income from the four occupied units is $2,178, $2,500, $1,955, and $1,383 per month, with additional income potential from the ADU. Unit 3, considered the **owner’s unit**, features air conditioning for added comfort. Two of the units have in-unit washer/dryer hookups, while the remaining three share a common area laundry. All units are upgraded with dual-pane windows. Heating
Location
State CA
County Los Angeles
Interior
Heating Heat Pump
Cooling Central Air
Laundry Common Area, See Remarks
Exterior
View None
Building
Water Public
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