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2,800 sqft

$1,539,000

486 E Adair, Long Beach CA, 90805

Price per sqft$549.64
Built in1939
Property size2,800 sqft
Property typeMulti-family
Listed by Nhat Nguyen CA DRE# 02254340 with Villa Real Estate Partners Inc 714-467-8542

Overview

Active

Listed May 4, 2026

Updated 2 weeks ago

(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. Total rental income Annually all 4 units $107,700.00 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

$10,239/mo

Est. mortgage payment based on a $1,539,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PW26096551

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.14 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Listed by Nhat Nguyen CA DRE# 02254340 with Villa Real Estate Partners Inc 714-467-8542

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/23/2026. 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. 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/23/2026 at 1:10 PM UTC Last Checked: 1:10 PM UTC

 

 

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