




+21 photos

1 / 26
Sold$1,200,000on Jun 16, 2025
1816 Oregon Avenue, Long Beach, Ca 90806
Circle Real Estate
7Beds
193Days Listed
About This Property
One of the Best Deals in Wrigley! Investor or Owner-Occupant Opportunity Offered at an unbeatable $1,149,900, most of the recently remodeled units, move-in-ready 3-unit property in Long Beach is a gem for investors and owner-occupants. Boasting an impressive 6% cap rate and the potential to generate over $100,800 in annual gross income, this property is a cash-flow dream. Each of the two 2-bedroom units rents for $2,600, while the spacious 3-bedroom unit brings in $3,200all at current market rates. Located just minutes from the beach, this property is primed for Airbnb potential, offering even higher returns for short-term rentals. Its fully remodeled with modern amenities and high-quality finishes, ensuring it's completely turnkey with no additional work neededjust start collecting rent from day one. The property also includes 4 single-car garages, providing secure parking for tenants and potential for extra income. With the possibility for future development or conversion to an Accessory Dwelling Unit (ADU), the opportunities here are endless. Everything is separately metered (except water), keeping maintenance costs low for hassle-free ownership. Dont miss out on this rare chance to own a high-income-producing property in a prime Long Beach location. Act fastdeals like this in Wrigley dont last long!
Ray MiramontesCircle Real Estate562-343-3099
Property Location
Map
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 7
- Bathrooms
- 0
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Sold
- Days on Market
- 193
- Cumulative Days on Market
- 86
- Original Price
- $1,229,990
Location & Neighborhood
Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.
Long Beach Market Snapshot
573
Active Listings
$770K
Median Price
47
Avg Days on Market
Last updated: Jun 17, 2025
More Sold Properties in Long Beach
View allBased on information from California Regional Multiple Listing Service, Inc. as of the date of this data. 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.
$1,149,900