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$1,599,999
PF25218738 MLS ⋅ Active Status
Welcome to this exceptional investment opportunity, a remodeled fourplex offering a diverse mix of unit sizes and strong rental income potential. Renovated in 2021, the property combines modern updates with impressive cash flow, making it an ideal choice for both seasoned investors and owner-occupants seeking to offset their mortgage with rental income. The fourplex features a one-bedroom, one-bath unit with 559 square feet of comfortable living space, a spacious four-bedroom, two-bath unit with 1,080 square feet and its own garage, a three-bedroom, two-bath unit with 1,094 square feet and garage access, and a three-bedroom, one-bath unit with 915 square feet. This well-balanced variety of layouts appeals to a wide range of tenants, maximizing occupancy and rental demand. Currently generating an impressive annual gross income of approximately $132,000, the property delivers reliable returns with room for further growth. With one unit vacant, buyers may qualify for FHA financing or take advantage of owner-occupant opportunities, allowing favorable terms while benefiting from immediate rental income from the remaining tenants. The remodel completed in 2021 included thoughtful updates designed to enhance comfort, durability, and long-term value, reducing the need for significant near-term improvements. From its strong rental history to its desirable unit mix and updated condition, this fourplex is a rare find in today’s market. Whether you are looking to expand your investment portfolio with a high-yield, low-vacancy property or secure a home that pays for itself through rental income, this opportunity checks all the boxes.

2122 E 10th Street, Long Beach
$298,000
OC25070565 MLS ⋅ Active Status ⋅ Park Plaza Center BLDG.
Are you passionate about great coffee, specialty drinks, and a delicious breakfast and lunch menu? Café Lorel is a quaint shop and is both warm and inviting, serving some of the best luncheon items, brewed coffee, lattes, and specialty drinks, in and around Long Beach. Here’s your chance to own a thriving coffee and sandwich business that’s built on loyal customers, great location, and a perfect menu for all tastes. Situated in a high-traffic area with ample foot traffic, your new venture will benefit from an established customer base and easy visibility. A menu curated with top-quality coffee blends, offering an inviting space for casual meetups or cozy solo moments. From classic deli sandwiches, warm soups to fresh unique creations, there’s something for every appetite. Plus, enjoy the flexibility to add your own flair. Everything you need to hit the ground running is already in place: equipment, inventory, and furnishings are ready for you and your staff to ensure a smooth transition. With a loyal clientele and strong growth potential, this is an excellent opportunity for a first-time business owner or someone looking to expand their portfolio. Why start from scratch when you can step into a business that’s already up and running?

5203 Pacific Coast Hwy, Long Beach

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.