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Listed by Richard Daskam • Circle Real Estate
$900,000
Est. payment /mo
6,760 Sqft Lot
Pending
844 Loma Long Beach, CA 90804
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRPW25275432
Year Built 1988
Lot Size 6,760 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
Welcome to 844 Loma Avenue, a rare investment opportunity located in the desirable Eastside Circle Area of Long Beach. This residential income property offers three units across a spacious 3,048 square feet of living area on a generous 6,760 square foot lot. The private parking lot in the rear of building can hold 6 vehicles. Built in 1988, the building combines modern construction with strong rental appeal, making it an excellent choice for both seasoned investors and those looking to expand their portfolio. The property features one three-bedroom, one-bath unit and two one- bedroom units. Each unit is individually metered for gas and electricity, giving tenants responsibility for their own utilities while reducing operating expenses for the owner. Current rental income provides steady cash flow with upside potential in this high-demand area. Interior highlights include a spacious floor plan, a large living room with fireplace, and laundry hookups inside each unit for tenant convenience. The 3 brm unit is 1,500 square feet and includes a family room with fireplace, while the 1 brm units average 750 square feet, offering comfortable living spaces for a variety of tenant needs. The property has been thoughtfully designed to maximize privacy, with no shared common walls and
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Rooms
Kitchen Other
Interior
Heating Central Forced Air
Cooling None
Laundry Other
Exterior
Parking Features Assigned Spaces, Other
Pool 31, None
View Local/Neighborhood
Roof Type Composition
Building
Foundation Concrete Slab
Water District - Public
Others
Tax ID 7254014010
Special Listing Condition Not Applicable
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