1600 Junipero Avenue, a four-unit multifamily property located on the Eastside Long Beach / Signal Hill border. With an attractive unit mix of four (4) spacious three-bedroom, one-bath units—all featuring in-unit laundry—this offering appeals to both owner-users and investors alike. The property is fully occupied by long-term tenants on HACLB… Read More Section 8 vouchers, providing guaranteed, on-time rent payments and reliable cash flow. Offered below replacement cost, this is one of the most compelling 4-unit investment opportunities currently available in the city. Situated on a 7,043 SF lot, the property features 4,266 SF of rentable space and includes 8 uncovered parking spaces—providing each unit with two dedicated spots, a rare amenity for comparable properties. The oversized parking area also offers additional upside, with potential to add up to four (4) detached ADUs (buyer to verify). All units are separately metered for gas and electricity, have individual water heaters, and the layout is well-suited for implementing RUBS or utility bill-backs to further reduce landlord expenses. Read Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Christopher Van Vuuren 714-655-0098
Listing Snapshot
Days Online
6
Last Updated
Property Type
Quadruplex
Lot Size
0.16 Acres
Year Built
1977
MLS Number
SB25117441
Additional Details
Building
Built in 1977, Building area total: 4,266, Levels: Two, 2 stories, 1 building, Common walls: NoCommonWalls
Community
Sidewalks
Expenses
Gardener expense: $960, Insurance expense: $2,965, Maintenance expense: $3,500, New taxes expense: $20,604, Operating expense: $30,681, Water sewer expense: $2,652
Income
Gross income: $121,956, Net operating income: $91,275
Laundry
Inside
Lot
0.1617 acres, 7,043 square feet, Size: 7,043
Parking
8 open parking spaces, 8 totals parking
Pool
None
Property
Zoning: LBR2N
Sewer
PublicSewer
Tenant Pays
Electricity, Gas, TrashCollection
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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