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$1,229,990
35 Days On Site

1816 Oregon Avenue
Long Beach, CA 90806

For Sale|Triplex|Pending
0
Beds
0
Full Baths
0
Partial Baths
3,194
SqFt
$385
/SqFt
1961
Built
Subdivision:
Wrigley Area (WR)
County:
Los Angeles
Listed by Ray Miramontes of Circle Real Estate [email protected]

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Call Now: 562.896.2456
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562.896.2456
1816 Oregon Avenue1816 Oregon Avenue1816 Oregon Avenue1816 Oregon Avenue
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Mortgage Calculator

Monthly Payment (Est.)

$5,612
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

One of the Best Deals in Wrigley! Investor or Owner-Occupant Opportunity Offered at an unbeatable $1,229,900, most of the recently remodeled units, move-in-ready 3-unit property in Long Beach is a gem for investors and owner-occupants. Boasting an impressive 6% cap rate and the potential to generate over $100,800 in annual gross income, this property is a cash-flow dream. Each of the two 2-bedroom units rents for $2,600, while the spacious 3-bedroom unit brings in $3,200—all at current market rates. Located just minutes from the beach, this property is primed for Airbnb potential, offering even higher returns for short-term rentals. It’s fully remodeled with modern amenities and high-quality finishes, ensuring it's completely turnkey with no additional work needed—just start collecting rent from day one. The property also includes 4 single-car garages, providing secure parking for tenants and potential for extra income. With the possibility for future development or conversion to an Accessory Dwelling Unit (ADU), the opportunities here are endless. Everything is separately metered (except water), keeping maintenance costs low for hassle-free ownership. Don’t miss out on this rare chance to own a high-income-producing property in a prime Long Beach location. Act fast—deals like this in Wrigley don’t last long!

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Listing Snapshot
Price 
$1,229,990
Days On Site 
35 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,194 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1532 Acres
Year Built 
1961
MLS® Number 
PW24212754
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoStatus changed to Pending
a week agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.1532
Garage 
Yes
Garage Spaces 
4
Number Of Stories 
2
Parking Spaces 
4
Property Sub Type 
Triplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
3194
Water Source 
Public
Zoning 
LBR1N
Interior Features
Fireplace Features 
None
Laundry Features 
Washer HookupGas Dryer Hookup
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Exterior Features
Lot Features 
Back YardFront Yard
Pool Features 
None
View 
Neighborhood
Waterview 
Neighborhood
Community Features
Building Access 
1
Community Features 
CurbsStreet Lights
Financing Terms Available 
CashConventionalVA Loan
MLS Area 
5 - Wrigley Area


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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