$1,799,000
- Beds
- Unknown
- sq ft
- Unknown
1845 Maine Ave, Long Beach, CA 90806
1845 Maine Ave
Long Beach, CA 90806
- 14 days on market
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.
Two 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!
Details
Property type
Apartment
Lot size
7,173 sq ft
Price per sq ft
Unknown
Year built
1923
Price History
03/20/2025
CRMLS #PW25059042
Listed
$1,799,000
+23.64%
08/22/2024
CRMLS #NP24084409
Sold
$1,455,000
-19.12%
08/02/2024
CRMLS #NP24084409
Pending
$1,799,000
Schools & Community
Neighborhood:
Wrigley
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Curbs
Community features:
Curbs
Status: Active
Tomo last checked: 04/03/2025 at 4:55 PM
Listing updated: 03/20/2025 at 7:33 PM
Listed by: Cody Charnell, Sage Real Estate Group, Inc. Phone #: (562) 400-7622
MLS: CRMLS #PW25059042
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