1816 Oregon Avenue, Long Beach, Ca 90806 - Photo 1 of 26, Long Beach, CA
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Sold$1,200,000on Jun 16, 2025

1816 Oregon Avenue, Long Beach, Ca 90806

Circle Real Estate
7Beds
0
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

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Based 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