486 E Adair
Long Beach, CA 90805
6
Bed
4
Bath
6,089Sqft(Lot)
(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. **Front Units will be vacant and great for Owner Occupy One Units and Rents Out Others 3 Already Rented with Housing of Long Beach. The building is in excel
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
CeilingFansRoof: AsphaltAppliances: Dishwasher, GasRangeLaundry Features: CommonArea -
Heating & Cooling
Has Heating: Yes Heating: Electric Cooling: None
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Building Information
Year Built: 1939Building Area Total: 2800Construction Materials: Asphalt, LapSidingStories: 1Pool Features: NonePrivate Pool: NoView: None
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Lot Information
Main Square Feet: 6089 Lot Size Acres: 0.1398 Lot Size Source: PublicRecords Lot Size Square Feet: 6,089 Lot Description: CornerLotProperty Information
Subdivision: North Long Beach (NLB) Source Property Type: ResidentialIncome Property SubType: Triplex Direction Faces: North Levels: One,MultiSplit Property Age: 87
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Listing Price Information
Listing Price: $1549800Original Price: $1598000Cash, Conventional, Exchange1031, FannieMae
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Tax Information
Parcel Number: 7125015029 Tax Lot: 46 Tax Block: 6
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Virtual Tour
Parking Information
None
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Utility Information
ElectricityAvailable, NaturalGasAvailable -
Location Information
Direction: Off Atlantic to property WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3404 E 65th, Long Beach, CA, 90805 | $810,000 | 3 | 2 | -- | 5,911 Sqft |
| 2901 E 65th, Long Beach, CA, 90805 | $869,999 | 7 | 3 | 2,306 | 4,654 Sqft |
| 5940 Gundry Avenue, Long Beach, CA, 90805 | $899,000 | 4 | 4 | -- | 4,759 Sqft |
| 6140 Orange Avenue, Long Beach, CA, 90805 | $1,020,000 | 7 | 4 | 3,335 | 4,619 Sqft |
| 6140 Orange Avenue, Long Beach, CA, 90805 | $1,020,000 | 7 | 4 | -- | 4,619 Sqft |
| 350 E South, Long Beach, CA, 90805 | $520,000 | 2 | 3 | -- | 2,823 Sqft |
| 5174 Linden, Long Beach, CA, 90805 | $1,088,800 | 5 | 4 | -- | 4,882 Sqft |
| 246 E Hullett Street, Long Beach, CA, 90805 | $1,245,000 | 5 | 4.5 | 3,884 | 5,956 Sqft |
| 180 E 55th, Long Beach, CA, 90805 | $750,000 | 3 | 3 | -- | 6,321 Sqft |
| 92 E Louise, Long Beach, CA, 90805 | $1,100,000 | 8 | 4 | -- | 5,857 Sqft |
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ByOwner last updated this listing 09/07/2026 @ 00:56
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