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$1,799,000

$6,000Reward *

1845 Maine Avenue, Long Beach, CA 90806Listing ID PW25059042

1845 Maine Avenue, Long Beach, CA 90806

Active

Time on site: 471 days • Last updated: Apr 5, 2025

Property Type

Residential Income

Property Sub Type

Apartment

Square Feet

4,690

Acres

0.16

Days on Site

468

Year Built

1923

Garages

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!

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

PWCHCODY

1845 Maine Avenue, Long Beach, CA 90806

Market Report for 90806

Property Information

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