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$1,799,000
8 Days On Site

1845 Maine Avenue
Long Beach, CA 90806

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
4,690
SqFt
$384
/SqFt
1923
Built
County:
Los Angeles
Listed by Cody Charnell of Sage Real Estate Group, Inc. [email protected]

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1845 Maine Avenue1845 Maine Avenue1845 Maine Avenue1845 Maine Avenue
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Great investment opportunity in the Wrigley neighborhood of Long Beach! This 12-unit property offers 30% upside in rental income and is surrounded by primarily single-family homes, making street parking more accessible. The property includes four garage spaces, providing potential for ADU conversions to increase cash flow. Two units can be delivered vacant at close of escrow. Additional income streams include an on-site coin-operated laundry room. There is potential to implement RUBS to further boost cash flow. Priced competitively at $149,917 per unit, this is an excellent value in a strong rental market. Don't miss out on this high-potential asset!

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Listing Snapshot
Price 
$1,799,000
Days On Site 
8 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,690 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1647 Acres
Year Built 
1923
MLS® Number 
PW25059042
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing first seen on site
a week agoListing updated with changes from the MLS®
General Features
Acres 
0.1647
Garage 
Yes
Garage Spaces 
4
Number Of Stories 
2
Parking Spaces 
4
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
4690
Water Source 
Public
Zoning 
LBR1N
Interior Features
Laundry Features 
Common Area
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Exterior Features
Pool Features 
None
Community Features
Building Access 
Courtyard
Community Features 
Curbs
Financing Terms Available 
Cash
MLS Area 
5 - Wrigley Area


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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