Property Details
About this Property
Awesome 7-Unit Rental Property with Major Upside Potential! Don’t miss this unique investment opportunity featuring 7 rental units spread across 5 individual buildings in a well-maintained compound. With strong tenant stability and significant room for rent increases, this is the perfect value-add property for savvy investors. Each unit has its own individual water heater and separately metered gas and electricity, making this a low-maintenance investment with minimal owner expenses. Very quiet and stable tenants. Units are unfurnished; tenants provide their own refrigerators and stoves. Current rents are below market, providing a great opportunity to increase cash flow over time with strategic updates or new leases. This is a rare chance to acquire a solid, income-generating property with room to grow in a desirable rental market. Don’t miss out! Unit Breakdown: 4 standalone 1 bed / 1 bath cottages 1 standalone 2 bed / 1 bath 1 building with two units – EACH 2 bed / 1 bath Property Highlights: Each unit has its own individual water heater Copper plumbing throughout 3 units fully remodeled approximately 4 years ago Roofing is approx. 10 years old with 15 years remaining on a 25-year roof Tenants pay their own gas and electricity Low-maintenance investment with up
MLS Listing Information
MLS #
CROC25086210
MLS Source
California Regional MLS
Days on Site
55
Interior Features
Laundry
None
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Contact Information
Listing Agent
Nancy Nguyen
Wynn Real Estate, Inc.
License #: 01758862
Phone: (714) 515-5988
Co-Listing Agent
Frank Anarumo
License #: 02081478
Phone: –
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 7 | – | – |
School Ratings
Nearby Schools
| Schools | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Whittier Elementary School | public | K-5 | 0.14 mi | |
| Alvarado Elementary School | public | K-5 | 0.44 mi | |
| Robinson Academy | public | K-8 | 0.44 mi | |
| Lincoln Elementary School | public | K-5 | 0.46 mi | |
| Jessie Nelson Academy | public | 6-8 | 0.48 mi | |
| Polytechnic High School | public | 9-12 | 0.59 mi | |
| Roosevelt Elementary School | public | K-5 | 0.72 mi | |
| Signal Hill Elementary School | public | K-5 | 0.81 mi | |
| Lee Elementary School | public | K-5 | 0.84 mi | |
| Franklin Classical Middle School | public | 6-8 | 0.95 mi | |
| Burnett Elementary School | public | K-5 | 1.05 mi | |
| Burbank Elementary School | public | K-5 | 1.08 mi | |
| Stevenson Elementary School | public | K-5 | 1.10 mi | |
| Willard Elementary School | public | K-5 | 1.11 mi | |
| Renaissance High School For The Arts | public | 9-12 | 1.21 mi | |
| Educational Partnership High School | public | 9-12 | 1.23 mi | |
| Washington Middle School | public | 6-8 | 1.25 mi | |
| International Elementary School | public | K-5 | 1.25 mi | |
| Richard D. Browning High | public | 9-12 | 1.29 mi | |
| Jefferson Leadership Academies School | public | 6-8 | 1.59 mi |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1444 E 16th St is a Residential Income in Long Beach, CA 90813. This – square foot property sits on a 6,503 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,975,000 and was built in 1924. This address can also be written as 1444 E 16th St, Long Beach, CA 90813.
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This listing information is up-to-date as of May 04, 2025. For the most current information, please contact Nancy Nguyen, (714) 515-5988
