1845 Maine Avenue, Long Beach, CA 90806 - Berkshire Hathaway HomeServices California Properties

1845 Maine Avenue, Long Beach, CA 90806

$1,799,000 Approx. USD 0 beds, 0 baths

Listing Agent


Cody Charnell | cody@sageregroup.com
Lic#: 01950585
Broker: Courtesy of Sage Real Estate Group, Inc.

Agent Remarks

Great investment opportunity in the Wrigley neighborhood of Long Beach! This 12-unit property offers 30%+ upside in rental income and is surrounded by primarily single-family homes, making street parking more accessible. The property includes four garage spaces, providing potential for ADU conversions to increase cash flow. Three units can be delivered vacant at close of escrow. Additional income streams include an on-site coin-operated laundry room. There is potential to implement RUBS to further boost cash flow. Priced competitively at $149,917 per unit, this is an excellent value in a strong rental market. Don't miss out on this high-potential asset!

Listing Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# PW25059042
Price: $1,799,000
Beds: 0
Baths: 0
Built in 1923
0.16 acres
Lot size: 0.1647
County: Los Angeles
Zoning: LBR1N
Lot description: ElevenToFifteenUnitsAcre
MLS area: 5 - Wrigley Area

Last Updated: 4/5/2025

 Days On Market (DOM): 119

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This listing belongs to the 5 - Wrigley Area MLS area

Lat/Long: 33.790692, -118.200927.
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Source: CRM. Also Available in PW25059042,

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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