522 E Rhea Street
Long Beach, CA 90806
- 15 beds
- – baths
- 4,212 sqft
- 6,500 sqft lot
- $422 per sqft
- 1923 build
- – on site
Back on The Market!!THIS 4-UNIT PROPERTY IS A RARE FIND FOR INVESTORS Looking for Great Income, with a Current Gross Schedule Income of $149,300 per Year!!! With a Current Cap Rate at 6.75, Also, The Entire Building was Totally Remodeled Down to the Studs in 2019.The Property Currently has a Newer Roof, Newer Copper Plumbing Throughout, Newer Windows, Newer Interior & Exterior Paint, Newer Laminated Wood and Tile Flooring throughout, Recess Lighting Throughout, Remodeled Kitchens with Newer Wood Cabinets, Granite Countertops, Newer Refrigerators, Stoves, Microwaves, Washers & Dryers, That's Included with the Purchase!! This 4-Unit Building Offers (THREE) 4/Bedrooms 2/Bathrooms & (ONE) 3/Bedrooms with 1/Bathroom. Each Unit is Individually Metered with Gas & Electricity and Currently the Building is 100% Tenant Occupied. This Property Offers Great Gated Parking for Tenants, with (8) Inside Parking Spaces. This Property Wont Last!!6
Last checked:
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Checking…
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Last updated Mar 17, 2025
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MLS# CRPW24016535 —
This property is listed in more than one place. See it here, and here, and here.
The Building
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Year Built:1923
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Building Area Units:Square Feet
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Construction Materials:Stucco
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Security Features:Smoke Detector(s)
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Accessibility Features:Other
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Other Equipment:Other
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Building Area Total:4212
Interior
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Flooring:Laminate
Room Dimensions
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Living Area:4212
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Living Area Units:Square Feet
Location
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Directions:N/PACIFIC COAST HWY W/ATLANTIC AVE
The Property
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Exterior Features:Other
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Parcel Number:7209004011
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Lot Features:Other
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Lot Size Area:0.15
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Lot Size Acres:0.15
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Lot Size SqFt:6500
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Lot Size Units:Acres
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View:None
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View:false
Listing Agent
- Contact info:
- Agent phone:
- 5623(772) 370-3012
Beds
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Bedrooms Total:15
The Listing
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Listing Terms:Cash
Heating & Cooling
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Heating:Wall Furnace
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Heating:true
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Cooling:No Air Conditioning
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Cooling:true
Utilities
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Utilities:Sewer Connected
Appliances
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Appliances:Gas Water Heater
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Laundry Features:Dryer
The Community
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Total:8
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Parking Features:Assigned
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/19/23
Apr 19, 2023
|
Sold | BRIDGE | ||
|
11/4/21
Nov 4, 2021
|
Sold | BRIDGE | ||
|
11/16/18
Nov 16, 2018
|
CRMLS_CA | $650,000 |
