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$1,075,000
402 E Louise Street, Long Beach, CA 90805
5Beds
4Baths
93Days Listed
About This Property
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 14 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. Dont miss this rare, high-performing 4-plex in the heart of Long Beach!
Virtual Tour
Property Location
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 5
- Bathrooms
- 4
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 93
- Cumulative Days on Market
- 2
- Original Price
- $1,075,000
- MLS Number
- CV25263994
Location & Neighborhood
What's nearby 402 E Louise Street, Long Beach, CA 90805
Nearby Schools
- Saint Athanasius School0.1 mi
public
- Addams Elementary School0.2 mi
public
- Lindbergh Middle School0.4 mi
public
Parks & Recreation
- Unnamed0.1 mi
park
- 0.4 mi
Transit Access
- Market & Elm81 yrd
Bus Stop
- Atlantic & Market0.2 mi
Bus Stop
- Market & Pine0.2 mi
Bus Stop
- Atlantic & 53rd0.3 mi
Bus Stop
- Atlantic & 56th0.3 mi
Bus Stop
POI data updated recently
Long Beach Market Snapshot
721
Active Listings
$655K
Median Price
69
Avg Days on Market
Last updated: Dec 4, 2025
Listed by
Zayda Aguirre-Arriaza, INTERNATIONAL REAL ESTATE SVCS · 562-713-1318 · MLS# CV25263994
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.
$1,075,000