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Tina Lucarelli

[email protected] +1(310) 738-8089

Listed by Devin Lucas • Coldwell Banker Realty

$ 1,299,900

Est. payment -/mo

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1070 Loma Vista Drive Long Beach, CA 90813

2,644 SqFt

UPDATED:

01/08/2025 03:43 PM

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,644 sqft

Price per Sqft $491

Subdivision Willmore District

MLS Listing ID NP-24251827

Year Built 1919

Lot Size 6,674 Sqft

Property Description

Discover an exceptional investment opportunity in the heart of Long Beach! This versatile 5-unit rental property offers a highly desirable layout and prime location, making it an easy-to-rent option for savvy investors or owner-occupants. At the front of the expansive lot, a cozy 2-bedroom, 1-bath house greets you with its inviting character. The front house offers a private garage and a dedicated laundry area. Step inside to find a comfortable living space with plenty of potential to make it your own home, or use as the premier rental unit of the five offerings. Behind the front house, you'll find four (4) additional 1-bedroom, 1-bath units, each with its own covered front porch--perfect for enjoying Long Beach's coastal breeze. One of these units was just beautifully remodeled and is now vacant, ready to welcome a new tenant or even a potential owner. The remodeled unit features wide plank light oak laminate flooring, custom built-in cabinetry in the living room, crisp white shaker kitchen cabinets, elegant quartz countertops, and stylish five-panel shaker doors. With new plumbing and abundant natural light, this unit stands out as a bright and modern living space, showcasing the possibilities with the remaining units. The other four units are tenant-occupied, offering steady income from day one, and they come with great potential for updates to further increase investment value. Each unit has its own separate electric and gas meter, adding convenience for both tenants and management. Situated on a spacious 6,674 sq. ft. lot, this property also boasts a recently replaced roof, and designation within the Historic District. The location is unbeatable--just 1.5 miles from Shoreline Village, where you'll find a variety of dining and entertainment options. The iconic Queen Mary is only 2 miles away, and Drake Park, with its soccer fields, tennis courts, and playground, is within walking distance. Around the corner, you'll also discover the Historic Bembridge House, adding a touch of local charm and history to the neighborhood. This property offers the perfect blend of modern updates, historic appeal, and prime location, making it a rare gem in Long Beach. Whether you're looking to grow your investment portfolio or secure a steady income stream, 1070 Loma Vista Drive is a must-see. Don't miss this incredible opportunity!

Location

State CA

County Los Angeles

Interior

Interior Features Built-In Features, Open Floorplan, Stone Counters, Storage

Heating Wall Furnace

Cooling None

Flooring Laminate, Tile

Fireplaces Type None

Laundry Gas & Electric Dryer Hookup, Inside, Washer Hookup

Exterior

Parking Features Driveway

Garage Spaces 1.0

Pool None

Community Features Curbs, Park, Sidewalks, Street Lights, Urban

Utilities Available Sewer Available, Sewer Connected, Water Available, Water Connected, Electricity Available, Electricity Connected

View Y/N Yes

View Park/Greenbelt, River, Trees/Woods

Building

Lot Description 2-5 Units/Acre

Sewer Public Sewer

Tina Lucarelli

Advisor | License ID: 02102354

+1(310) 738-8089

Tina Lucarelli

1070 Loma Vista Drive Long Beach, CA 90813

Key Details

Location

Interior

Exterior

Building

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1070 Loma Vista Drive