$2,090,000
$2,200,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
5,135 SqFt
SOLD DATE : 04/25/2025
Key Details
Sold Price $2,090,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,135 sqft
Price per Sqft $407
MLS Listing ID CRPW25047352
Sold Date 04/25/25
Bedrooms 8
HOA Y/N No
Year Built 1963
Lot Size 6,319 Sqft
Acres 0.15
Property Sub-Type Quadruplex
Property Description
Sage Real Estate is proud to present 5536 E. Daggett Ave, a rare multifamily investment opportunity in the highly sought-after Los Altos neighborhood of Long Beach (90815). Surrounded primarily by single-family homes with an average sales price of $1,100,000, this property stands out as one of the few fourplexes in the area. Out of the 2,848 fourplexes in Long Beach, only 5% are located in this zip code, and no similar property has sold in this part of Los Altos in over five years. At 5,135 square feet, this is one of the largest fourplexes in Long Beach. This well-maintained four-unit building features spacious 2-bedroom, 2-bathroom units, each approximately 1,075 sq. ft. Additionally, a brand-new ADU offers 1 bedroom, 1 bathroom, and 835 sq. ft. of living space, and will be delivered vacant at closing, providing an excellent opportunity for owner occupancy or additional rental income. The current rental income from the four occupied units is $2,178, $2,500, $1,955, and $1,383 per month, with additional income potential from the ADU. Unit 3, considered the **owner’s unit**, features air conditioning for added comfort. Two of the units have in-unit washer/dryer hookups, while the remaining three share a common area laundry. All units are upgraded with dual-pane windows. Heating
Location
State CA
County Los Angeles
Zoning LBR4
Interior
Heating Heat Pump
Cooling Central Air
Fireplace No
Laundry Common Area, See Remarks
Exterior
Exterior Feature Other
View Y/N false
View None
Total Parking Spaces 5
Building
New Construction No
Others
Tax ID 7225008006
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with JuanHuizar