
1816 Oregon Avenue
Long Beach, CA 90806
$1,149,900
For Sale
- 0
- 3,194 sq ft
Local Information
About this home
One of the Best Deals in Wrigley! Investor or Owner-Occupant Opportunity Offered at an unbeatable $1,149,900, most of the recently remodeled units, move-in-ready 3-unit property in Long Beach is a gem for investors and owner-occupants. Boasting an impressive 6% cap rate and the potential to generate over $100,800 in annual gross income, this property is a cash-flow dream. Each of the two 2-bedroom units rents for $2,600, while the spacious 3-bedroom unit brings in $3,200—all at current market rates. Located just minutes from the beach, this property is primed for Airbnb potential, offering even higher returns for short-term rentals. It’s fully remodeled with modern amenities and high-quality finishes, ensuring it's completely turnkey with no additional work needed—just start collecting rent from day one. The property also includes 4 single-car garages, providing secure parking for tenants and potential for extra income. With the possibility for future development or conversion to an Accessory Dwelling Unit (ADU), the opportunities here are endless. Everything is separately metered (except water), keeping maintenance costs low for hassle-free ownership. Don’t miss out on this rare chance to own a high-income-producing property in a prime Long Beach location. Act fast—dea
Home Highlights
No Info
None
No Info
$173
Cooling Only
6 months ago
Home Details for 1816, Oregon Avenue
Interior Features
Interior Features
- Laundry: Gas Dryer Hookup, Other
Heating & Cooling
- Cooling: No Air Conditioning
Exterior Features
Exterior Home Features
- Exterior Details: Back Yard, Front Yard, Other
Parking & Garage
- Garage: No Garage
Pool & Views
- Private Pool: No Private Pool
- Views: Other
Water & Sewer
- Water Source: Public
- Sewer: Public Sewer
Property Information
Property Information
- Parcel Number: 7202030031
- Lot Size (sq ft): 6,674
Property Type & Style
- Type: Residential Income
- Subtype: Triplex
Year Built
- Year: 1961
Location
- Directions: .
Listing Attribution
- Agent Name: Ray Miramontes
- Brokerage: Circle Real Estate
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