Home | Los Angeles County | Long Beach | 90805 | 486 E Adair
MLS: CRPW26096551 | Status: Active | Price: $1,598,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 6,089 | 1939 |
(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. 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
| Field | Value |
|---|---|
| MLS # | CRPW26096551 |
| MLS Source | California Regional MLS |
| Days on Site | 8 |
| Feature | Details |
|---|---|
| Appliances | Dishwasher, Oven Range - Gas |
| Flooring | Laminate |
| Cooling | None |
| Heating | Electric |
| Feature | Details |
|---|---|
| Foundation | Concrete Perimeter |
| Pool | None |
| Style | Cottage, Ranch |
| Feature | Details |
|---|---|
| Garage/Parking | No Parking, Garage: 0 Car(s) |
| HOA Fee | $0 |
Nhat Nguyen
Villa Real Estate Partners Inc
License #: 02254340
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 4 | 4 |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Jordan High School | public | 9-12 | 0.59 mi | 3 |
| Lindbergh Middle School | public | 6-8 | 0.75 mi | 4 |
| Grant Elementary School | public | K-5 | 0.78 mi | 4 |
| Addams Elementary School | public | K-5 | 0.84 mi | 5 |
| Harte Elementary School | public | K-5 | 0.84 mi | 6 |
| Powell Academy For Success | public | K-8 | 0.99 mi | 4 |
| King Elementary School | public | K-5 | 1.14 mi | 4 |
| Dooley Elementary School | public | K-5 | 1.27 mi | 4 |
| Hamilton Middle School | public | 6-8 | 1.27 mi | 4 |
| Barton Elementary School | public | K-5 | 1.33 mi | 4 |
| Lindsey Academy | public | 6-8 | 1.39 mi | 3 |
| Leona Jackson School | public | 4-8 | 1.65 mi | 6 |
| Wesley Gaines School | public | K-3 | 1.76 mi | 6 |
| Kelly Elementary School | public | K-8 | 1.79 mi | 8 |
| Frank J. Zamboni School | public | 6-8 | 1.91 mi | 6 |
| McKinley Elementary School | public | K-5 | 1.91 mi | 6 |
| Cesar Chavez Continuation High School | public | 9-12 | 1.98 mi | 2 |
| Dominguez High School | public | 9-12 | 1.98 mi | 6 |
| Thurgood Marshall School | public | K-12 | 1.98 mi | 2 |
| Mark Keppel School | public | K-5 | 2.04 mi | 4 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 4745 Pixie Ave | $1,899,999 | – | – | – | Active |
| 1429 E South | $1,499,999 | – | – | – | Active |
| 8564 Artesia | $1,700,000 | – | – | – | |
| 414 E 61st | $1,425,000 | – | – | – |
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This listing information is up-to-date as of May 06, 2026. For the most current information, please contact Nhat Nguyen.