Property photo 1
Listed by Villa Real Estate Partners Inc, Nhat Nguyen, Listing Contact:  
6 Beds
4 Baths

$1,539,000

486 E Adair, Long Beach CA, 90805

Property typeMulti-family

Overview

Active

Listed May 4, 2026

Updated 2 weeks ago

(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

$10,239/mo

Est. mortgage payment based on a $1,539,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PW26096551

Interior Features

Bedrooms
6
Bathrooms
4
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.14 Acres

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Data last updated 2:04 PM UTC, 9/23/2026

   

 

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