- $1.8M Price
- 4 Baths
- .16 Acres
- 111 DOM
1845 Maine Avenue
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. Three 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!
Essential Information
- MLS® #PW25059042
- Price$1,799,000
- Bathrooms4.00
- Acres0.16
- TypeResidential Income
- Sub-TypeRes Income 2-4 Units
- StatusActive
Community Information
- Address1845 Maine Avenue
- AreaLONG BEACH (90806)
- CityLong Beach
- CountyLos Angeles
- StateCA
- Zip Code90806
Amenities
- PoolN/K
Interior
- FireplaceYes
Exterior
- Lot DescriptionCurbs
Additional Information
- Date ListedMarch 18th, 2025
- Days on Market111
- ZoningAssessor
Listing Details
- OfficeSage Real Estate Group, Inc.
Sage Real Estate Group, Inc..
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Listing information last updated on July 20th, 2025 at 6:42pm PDT.