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  • 486 E Adair

486 E Adair, Long Beach, CA 90805

$1,598,000 Approx. USD 0 beds, 0 baths
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Photo of Rachelle Levin

Rachelle Levin REALTORĀ® - Sales Associate 949-793-2010 m
949-793-2010 o
Lic#: 01924622
NRDS ID: 463514645
rlevin@bhhscal.com
Text Me
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Lic#: 01924622
NRDS ID: 463514645
rlevin@bhhscal.com
Laguna Beach Office
30812 South Coast Hwy
Laguna Beach, CA 92651
Phone: 949-499-5900
Fax: 949-499-1414
Laguna Beach 30812 South Coast Hwy
Laguna Beach, CA 92651
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Fax: 949-499-1414
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Listing Agent


Nhat Nguyen | nhat450@yahoo.com
Lic#: 02254340
Broker: Courtesy of Villa Real Estate Partners Inc
Phone: 714-467-8542

Agent Remarks

(4) unit multi-family building in Long Beach, CA. The building features unit mix of (1) 3 Bed/1 Bath unit and (3) 1 Bed/1 Bath units stretching across 2,800+/- rentable square feet. This stabilized asset offers tremendous opportunity for 1031 exchange buyers looking to increase their cash flow on Day 1. Further, a substantial portion of Rental Income of rents secured by Section 8 Vouchers by Housing Assistant Long Beach Minimizing risk and providing reliable cash flow, so the uncertainty of future rent moratoriums will significantly reduce the likelihood of lost revenue. The property also includes on site Washer and dryer laundry. The building is in excellent condition, and all (4) units have been extensively remodeled with professional grade finishes. In addition, the gated entry ensures secured access to the property. The property is located within close proximity to many retail, dining, and entertainment options that greatly benefit the tenant mix. This is an investment with strong existing cash flow and minimal maintenance required which is add this solid asset to your rental portfolio. Sellers is Real Estate License in state of California. ALL OFFERS SUBJECT INTERIROR INSPECTION

Listing Details

Property type: Triplex (Multi-Family)
Status: Active
MLS# PW26096551
Price: $1,598,000
HOA Fee is $0.00
Beds: 0
Baths: 0
None fireplaces
Built in 1939
1 story
0.14 acres
Lot size: 0.1398
Subdivision: North Long Beach (NLB)
County: Los Angeles
Property style: Cottage,Ranch
Construction: Asphalt,Lap Siding
Interior features: Ceiling Fan(s)
Appliances: Dishwasher,Gas Range
Parking description: None
Lot description: Corner Lot
Heating/cooling: None
Heating description: Electric
MLS area: 7 - North Long Beach

Last Updated: 5/6/2026

 Days On Market (DOM): 49

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This listing belongs to the 7 - North Long Beach MLS area

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The style of this listing is Cottage,Ranch.
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Lat/Long: 33.864054, -118.186301.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Rachelle Levin

Rachelle Levin REALTORĀ® - Sales Associate 949-793-2010 m
949-793-2010 o
Lic#: 01924622
NRDS ID: 463514645
rlevin@bhhscal.com
Text Me
Call My Cell
Call My Office
Lic#: 01924622
NRDS ID: 463514645
rlevin@bhhscal.com

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Laguna Beach, CA 92651
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