Long Beach, CA 90815,5536 E Daggett Street

$2,090,000

$2,200,000

5.0%
Est.Price: ?

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Est. payment /mo

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

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Bridge MLS
Listed by Juan Huizar • Sage Real Estate Group, Inc.
Bought with JuanHuizar

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agent
Roland Osage

Agent | License ID: 02055089

+1(925) 206-9799

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