1216 E 56th
Long Beach, CA 90805
8
Bed
4
Bath
3,906Sqft
4,806Sqft(Lot)
Great investment opportunity in Long Beach! This upgraded quadplex offers strong income potential with an approximate **7% cap rate** and **one unit currently vacant**, creating an ideal option for an owner-user or investor looking to place a new tenant at market rent. The property features **four total units**, with the remaining units occupied and income-producing. Recent improvements include an updated exterior, refreshed interiors in select units, modern finishes, and clean curb appeal. Each unit has dedicated parking, adding convenience and value for tenants. With solid rental income, recent upgrades, and upside potential through the vacant unit, this property is a great addition to any rental portfolio. Along with Community Laundry. Buyer to verify all rents, expenses, cap rate
Property Details
Open House
- 07/11 2 PM-5 PM
- 07/12 2 PM-5 PM
Map
Map
What's Nearby
Nearby Areas
Features
-
Water/Sewer
Water Source: Public Sewer: Public Sewer -
Interior Features
Fireplace: None -
Cooling Features
None Air ConditioningHeating Source
Radiant Has HeatingFireplace
Fireplace Features: None Has Fireplace: 0
-
Building Information
Year Built: 1965 Building Area Total: 3,906 -
Pool Features
NoneLaundry Features
Common Area,In Garage,Laundry Room,Stacked
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1103 -
Lot Size Source: Assessor Lot Size Square Feet: 4806
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Listing Price Information
Original List Price: 1,199,999 Listing Contract Date: 2026-07-03 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 7128013003
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Garage and Parking
Garage Description: Assigned,CarportHomeowners Association
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Rental Info
Lease Term: Negotiable Tenant Pays: Cable TV,Electricity,Telephone
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Other Property Info
Source Listing Status: Active Source Neighborhood: 7 - North Long Beach Directions: 56th & Orange Source Property Type: Residential Income Area: 7 - North Long Beach Property SubType: Quadruplex -
Building and Construction
Property Age: 61 Common Walls: 2+ Common Walls Property Condition: Turnkey Structure Type: Quadruplex Year Built Source: Public Records Entry Level: 1 Entry Location: Front Door Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 6500 Johnson, Long Beach, CA, 90805 | $855,000 | 5 | 3 | 1,888 | 1,888 SqFt |
| 3404 E 65th, Long Beach, CA, 90805 | $810,000 | 3 | 2 | 1,277 | 1,277 SqFt |
| 2901 E 65th, Long Beach, CA, 90805 | $869,999 | 7 | 3 | 2,306 | 2,306 SqFt |
| 5953 Gaviota Avenue, Long Beach, CA, 90805 | $899,888 | 5 | 3 | 2,220 | 2,220 SqFt |
| 1429 E South, Long Beach, CA, 90805 | $1,499,999 | 4 | 3 | 5,500 | 5,500 SqFt |
| 6140 Orange Avenue, Long Beach, CA, 90805 | $1,020,000 | 7 | 4 | 3,335 | 3,335 SqFt |
| 6140 Orange Avenue, Long Beach, CA, 90805 | $1,020,000 | 7 | 4 | 3,335 | 3,335 SqFt |
| 1170 E South Street, Long Beach, CA, 90805 | $1,199,998 | 9 | 8 | 4,068 | 4,068 SqFt |
| 246 E Hullett Street, Long Beach, CA, 90805 | $1,245,000 | 5 | 4.5 | 3,884 | 3,884 SqFt |
| 180 E 55th, Long Beach, CA, 90805 | $750,000 | 3 | 3 | 1,947 | 1,947 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 07/05/2026 @ 07:44
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