5536 E Daggett ST Active

Long Beach,CA 90815

$ 2200000

8 Beds

8 Baths

5135 SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,135 sqft

Price per Sqft $428

MLS Listing ID CRPW25059279

Bedrooms 8

Full Baths 8

Year Built 1963

Lot Size 6,319 Sqft

Property Sub-Type Fourplex

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.

Location

State CA

County Los Angeles

Area 34 - Los Altos, X-100

Zoning LBR4R

Interior

Heating Heat Pump

Cooling Central AC

Fireplaces Type None

Laundry Laundry Area

Exterior

Parking Features Assigned Spaces

Garage Spaces 4.0

Pool 31,None

View None

Building

Water District - Public

Others

Special Listing Condition Not Applicable

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