251 E Nevada Street, Long Beach, CA 90806
Fourplex
Sold May 2025
Listing Agent: Ty Youngblood (DRE #01381038) · Listing Office: Keller Williams Realty · Contact: 951-751-1994 · Bought with: Matthew Mahowald · Buckingham Investments, Inc · MLS #IG25071699 · Source: CRMLS
About this fourplex
Located in Long Beach’s Wrigley neighborhood—an area benefiting from ongoing city investment and revitalization—251 E Nevada St presents a rare opportunity to own a large, income-generating fourplex with solid functionality and strong long-term upside. While legally recorded as a 7-bedroom, 6-bathroom building, the property is currently configured as 9 bedrooms and 6 bathrooms across four spacious units: one 3-bedroom, 2-bath unit; two 2-bedroom, 2-bath units; and one 2-bedroom, 1-bath unit. With approximately 4,651 square feet of interior space, each unit offers larger layouts than typically found in this segment of the market. This added bedroom and square footage advantage supports stronger rents compared to similarly sized buildings—an appealing benefit for investors focused on maximizing return. Each unit is assigned a garage, and the property sits on a well-kept lot in a high-demand rental corridor. Whether you're seeking in-place cash flow, a value-add opportunity, or a solid 1031 exchange target, 251 E Nevada offers the scale and flexibility rarely found in this price range.
Listing description from the May 2025 sale, as reported to CRMLS.
Sale history