Long Beach, CA 90805,402 E Louise ST
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Long Beach, CA 90805,402 E Louise ST
Long Beach, CA 90805,402 E Louise ST
Long Beach, CA 90805,402 E Louise ST
Long Beach, CA 90805,402 E Louise ST
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Sam And Eliza Othman

Sam And Eliza Othman

+1(951) 333-5100
$ 1,075,000
Est. payment /mo
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Active

402 E Louise ST Long Beach, CA 90805

3,837 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision North Long Beach (Nlb)

MLS Listing ID CV25263994

HOA Y/N No

Year Built 1925

Lot Size 3,837 Sqft

Property Sub-Type Quadruplex

Property Description

Welcome to 402 E Louise Street, an exceptional 4-unit income property in North Long Beach featuring two newer ADUs built in 2022. The original duplex was also recently remodeled and was improved with an additional bedroom making both original units 2 bed/1 bath each. This well-maintained asset offers an exceptional blend of stable cash flow, modern construction, very low maintenance and future rent upside. The property consists of two 2-bed/1-bath units, one 1-bed/1-bath and one studio. All separately metered (electric, gas and water) and fully occupied with reliable tenants. Current monthly income is $6,761 ($81,132 annually) with proven upside toward market rents. Both ADUs are in excellent condition and reduce long-term maintenance costs, making this an ideal turnkey investment. Situated on a quiet residential street near shopping, schools, and major commuter routes, this property qualifies for residential 1–4 unit financing, appealing to both investors and owner-users. A fantastic opportunity to own a versatile, income-producing property with legal ADUs and strong long-term value. Don't miss this rare, high-performing 4-plex in the heart of Long Beach!

Location

State CA

County Los Angeles

Area 7 - North Long Beach

Interior

Fireplace No

Laundry None

Exterior

Parking Features Off Street

Pool None

Community Features Sidewalks, Urban, Park

Private Pool No

Building

Lot Description Near Park, Near Public Transit

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 7127022034

Acceptable Financing Cash, Cash to New Loan, Conventional, FHA 203(b), FHA, Fannie Mae, Freddie Mac, Government Loan, Submit, VA Loan

Listing Terms Cash, Cash to New Loan, Conventional, FHA 203(b), FHA, Fannie Mae, Freddie Mac, Government Loan, Submit, VA Loan

Special Listing Condition Standard

Virtual Tour https://animoto.com/play/56pEZCK4wt16AABkYIhbow

CRMLS – RECore
Listed by Zayda Aguirre-Arriaza INTERNATIONAL REAL ESTATE SVCS 562-713-1318
Nearby Locations
SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Los Cerritos Elementary School

    Public | KG - 5

  • 8

    Madison Elementary School

    Public | KG - 5

  • 8

    Lincoln Elementary School

    Public | KG - 5

  • 7

    Muir Academy

    Public | KG - 8

  • 7

    Birney Elementary School

    Public | KG - 5

  • 7

    Longfellow Elementary School

    Public | KG - 5

  • 7

    Holmes Elementary School

    Public | KG - 5

  • 6

    Colin Powell Academy

    Public | KG - 8

  • 6

    Starr King Elementary School

    Public | KG - 5

  • 6

    Colin P. Kelly Elementary School

    Public | KG - 8

  • 6

    William Jefferson Clinton Elementary School

    Public | KG - 8

  • 6

    Keppel Elementary School

    Public | KG - 5

  • 6

    Gaines Elementary School

    Public | KG - 3

  • 6

    McKinley Elementary School

    Public | KG - 5

  • 6

    Riley Elementary School

    Public | KG - 5

  • 6

    Jefferson Elementary School

    Public | KG - 5

  • 5

    Daniel Webster Elementary School

    Public | KG - 5

  • 5

    Dominguez Elementary School

    Public | KG - 5

  • 5

    Dooley Elementary School

    Public | KG - 5

  • 5

    Addams Elementary School

    Public | KG - 5

Middle Schools 13
  • 9

    Intellectual Virtues Academy of Long Beach

    Public | 6 - 8

  • 7

    Hughes Middle School

    Public | 6 - 8

  • 6

    Hamilton Middle School

    Public | 6 - 8

  • 5

    Lindbergh STEM Academy

    Public | 6 - 8

  • 5

    Frank J. Zamboni Middle School

    Public | 6 - 8

  • 5

    Hoover Middle School

    Public | 6 - 8

  • 4

    Lifeline Education Charter

    Public | 6 - 12

  • 4

    Rancho Dominguez Preparatory School

    Public | 6 - 12

  • 4

    Perry Lindsey Academy

    Public | 6 - 8

  • 4

    Alondra Middle School

    Public | 6 - 8

  • 3

    Franklin D. Roosevelt Middle School

    Public | 6 - 8

  • 1

    Paramount Alternative Education Center

    Public | 6 - 12

  • 0

    Compton Community Day Middle School

    Public | 6 - 8

High Schools 5
  • 1

    Compton High School

    Public | 9 - 12

  • 1

    Jordan High School

    Public | 9 - 12

  • 1

    Dominguez High School

    Public | 9 - 12

  • 0

    Compton Community Day High School

    Public | 9 - 12

  • 0

    Buena Vista High School

    Public | 9 - 12

School and business data provided by Attom Data.
Sam And Eliza Othman

Sam And Eliza Othman

Broker Associate | License ID: 00928035 - 00961200

+1(951) 333-5100

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402 E Louise ST