4255 N Bellflower Blvd - Multi-Family FOR SALE


Long Beach, CA 90808- Lakewood Village
$1,750,000 USD
562-537-7496
4255 N Bellflower Blvd, Long Beach, CA for Sale
$1,750,000 USD
Multi-Family - FOR SALE
1/12
null | 3.84% Cap Rate

4255 N Bellflower Blvd
Long Beach, CA 90808
Lakewood Village


HIGHLIGHTS

  • Current monthly rental revenue: $8,140
  • Proven track record as an income-producing asset in a stable, appreciating market
  • Opportunity to add value: The property could accommodate an ADU (Accessory Dwelling Unit)

OVERVIEW

Rare Investment Opportunity in Highly Desirable Lakewood Village Discover this well-maintained 4-plex (quadruplex) situated in the highly sought-after Lakewood Village neighborhood of Long Beach – an area known for its strong rental demand, family-friendly vibe, excellent schools, proximity to parks, shopping, and easy access to major freeways and the beach. Built in 1943, this classic multi-family property spans approximately 2,320 square feet on a generous 6,945 sq ft lot, featuring 4 units each one bedroom one bathroom. 4 bedrooms. - Current monthly rental revenue: $8,140 (strong gross income providing solid cash flow potential for investors). - Proven track record as an income-producing asset in a stable, appreciating market. - Opportunity to add value: The property could accommodate an ADU (Accessory Dwelling Unit) – a significant upside in California's ADU-friendly environment, potentially boosting rental income further through additional units. Lakewood Village remains a top choice for real estate investors due to its low vacancy rates, consistent appreciation, and desirable location near retail, dining, and recreational amenities. This 4-plex offers immediate income with room for optimization, making it an attractive addition to any portfolio focused on Long Beach multifamily properties.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$754 USD /SF

# OF UNITS

4

PRICE/UNIT

$437,500

CAP RATE

3.84%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4255 N Bellflower Blvd

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1943

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,945 SF

ZONING

LBR34

APN/PARCEL ID

7183-011-029

ASK ABOUT THIS PROPERTY

Austin CarrRealty ONE GroupMore Info
562-537-7496

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Austin CarrRealty ONE GroupMore Info
562-537-7496

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.