1534 Grand Avenue

Long Beach, CA 90804

PRICE REDUCED

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-$450,000 (-25.71%)

$1,300,000

List Price

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1963

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Property Description

With its established rental history and high-demand location, this high-performing multifamily asset presents a rare opportunity in one of Long Beach’s most sought-after areas. This well-maintained four-unit property features three spacious one-bedroom units and one two-bedroom, two-bathroom townhouse with a balcony, fireplace, enclosed patio, and in-unit laundry. All units are separately metered for gas and electricity. Parking is convenient with four attached garages featuring automatic openers, plus four additional off-street spaces. Ideally situated near Cal State Long Beach, shopping centers, freeways, and Downtown Long Beach, the property benefits from strong rental demand and low vacancy rates. As part of a gated courtyard community with three identical buildings on separate parcels, it offers both stability and long-term growth potential. Don’t miss this exceptional investment opportunity.

Listing Information

List Price $1,300,000
Status Active
MLS SB24220351
Type Residential Income
Subtype Quadruplex
Year Built 1963
Lot Size 2,196
Structure Size N/A
DOM 121
Courtesy Of Keller Williams South Bay
Listing Agent Ann Michele Brown DRE#01165450
Co-Listing Agent Stephen Aspel DRE#02059305

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Location(s) Common Area
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Maps

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Listing information courtesy of: Ann Michele Brown, Stephen Aspel, Keller Williams South Bay 310-465-2334. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 7th, 2025 at 9:08 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.