2122 E 10th ST Long Beach, CA 90804
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Junipero Gardens (Jpg)
MLS Listing ID PF25218738
HOA Y/N No
Year Built 1963
Lot Size 3,249 Sqft
Property Sub-Type Quadruplex
Property Description
The fourplex features a one-bedroom, one-bath unit with 559 square feet of comfortable living space, a spacious four-bedroom, two-bath unit with 1,080 square feet and its own garage, a three-bedroom, two-bath unit with 1,094 square feet and garage access, and a three-bedroom, one-bath unit with 915 square feet. This well-balanced variety of layouts appeals to a wide range of tenants, maximizing occupancy and rental demand. Currently generating an impressive annual gross income of approximately $132,000, the property delivers reliable returns with room for further growth.
With one unit vacant, buyers may qualify for FHA financing or take advantage of owner-occupant opportunities, allowing favorable terms while benefiting from immediate rental income from the remaining tenants. The remodel completed in 2021 included thoughtful updates designed to enhance comfort, durability, and long-term value, reducing the need for significant near-term improvements.
From its strong rental history to its desirable unit mix and updated condition, this fourplex is a rare find in today's market. Whether you are looking to expand your investment portfolio with a high-yield, low-vacancy property or secure a home that pays for itself through rental income, this opportunity checks all the boxes.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate
Fireplaces Type Outside
Fireplace Yes
Laundry In Garage
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Street Lights, Sidewalks
Utilities Available None
View Y/N No
View None
Total Parking Spaces 4
Private Pool No
Building
Lot Description 2-5 Units/Acre, Paved
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7262010002
Acceptable Financing Cash, Cash to New Loan, FHA, VA Loan
Listing Terms Cash, Cash to New Loan, FHA, VA Loan
Special Listing Condition Standard
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