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Jenn Smart

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486 E Adair , Long Beach, CA 90805
$1,539,000
Est. Payment: $3,420.00/mo
6 Bed
4 Bath
2800 Sqft
0.14 Acres
Status: active | Days on site: 114
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PB22317 - PWNGUNHA
By proceeding you are providing Jenn Smart with your express written consent to send you marketing and promotional communications via calls or prerecorded messages dialed by a natural person or by using an artificial or automated telephone dialing system.

By checking the box, you consent to receive marketing text messages. If checked, you consent to receiving texts including marketing and promotional communications, from Jenn Smart. Messages and data rates may apply. Message frequency varies. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms & Conditions and Privacy Policy.
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Jenn Smart
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House Description

(4) unit multi-family building in Long Beach, CA. The building features unit mix of (1) 3 Bed/1 Bath unit and (3) 1 Bed/1 Bath units stretching across 2,800+/- rentable square feet. This stabilized asset offers tremendous opportunity for 1031 exchange buyers looking to increase their cash flow on Day 1. Further, a substantial portion of Rental Income of rents secured by Section 8 Vouchers by Housing Assistant Long Beach Minimizing risk and providing reliable cash flow, so the uncertainty of future rent moratoriums will significantly reduce the likelihood of lost revenue. The property also includes on site Washer and dryer laundry. Total rental income Annually all 4 units $107,700.00 The building is in excellent condition, and all (4) units have been extensively remodeled with professional grade finishes. In addition, the gated entry ensures secured access to the property. The property is located within close proximity to many retail, dining, and entertainment options that greatly benefit the tenant mix. This is an investment with strong existing cash flow and minimal maintenance required which is add this solid asset to your rental portfolio. Sellers is Real Estate License in state of California. ALL OFFERS SUBJECT INTERIROR INSPECTION
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Highlights

Listed by Nhat Nguyen , 714-467-8542 Villa Real Estate Partners Inc , 714-467-8542. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.14

Year Built

1939

County

Los Angeles

Area

7 - North Long Beach

 Neighborhood

North Long Beach (NLB)

Listing ID

PW26096551

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:4
Appliances:Dishwasher, Gas Range
Floor:Laminate
Other:
  • ▪ Additional:Ceiling Fan(s)
Water:Public

Exterior Features

Lot:Corner Lot,No Land Lease
Garage Capacity:0
Roof:Asphalt
Others:
  • ▪ Additional:Turnkey, Asphalt, Lap Siding, 2+ Total Units
Sewer:Public Sewer
Principal Interest
$3,420
Taxes
$981

Home Price

$1,539,000

Loan Details

30 yrs
0%

Down Payment

20%
$307,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,420.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,420.00 $981.11 $0.00 $4,401.11
Yearly $41,040.00 $11,773.35 $0.00 $52,813.35
Total $1,231,200.00 $353,200.50 $0.00 $1,584,400.50
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So-Crates Johnson
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Market insight data is pulled from the same city as the listing being viewed (Long Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

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Data last updated: 2026-11-14T17:38:50.000Z

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