CA > Long Beach > Poly High (Ph)
Long Beach, CA 90806,2247 Myrtle AVE
Long Beach, CA 90806,2247 Myrtle AVE
Long Beach, CA 90806,2247 Myrtle AVE
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$1,320,000
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5,131 Sqft Lot
Pending

2247 Myrtle AVE Long Beach, CA 90806

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Mason Frakes

Mason Frakes

+1(805) 260-4860

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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Subdivision Poly High (Ph)

MLS Listing ID SB25149576

HOA Y/N No

Year Built 1923

Lot Size 5,131 Sqft

Property Sub-Type Quadruplex

Property Description

We are proud to present 2247 Myrtle Avenue, a four-unit multifamily property located in the heart of Long Beach's Wrigley neighborhood. Just south of the 405 Freeway and minutes from the Metro A Line, Downtown Long Beach, and Long Beach City College, this centrally located asset benefits from strong tenant demand and excellent regional connectivity. The Wrigley area continues to attract renters looking for affordable housing near key job centers, transit options, and coastal amenities. Situated on a 5,131 SF lot, the property features two separate buildings totaling 2,876 SF, with a desirable unit mix of four (4) two-bedroom, one-bath units. The site includes four (4) garage spaces and is separately metered for gas and electricity. The current owner has completed significant capital improvements, including exterior paint (2021/2025), new roof (2020), gutters (2025), garage doors (2020), a rebuilt staircase (2023), and full or partial repiping. Three units were renovated in 2019 and one in 2022, along with additional upgrades such as window replacements, cleanouts, and a combination of standard and tankless water heaters. 2247 Myrtle Avenue offers a rare opportunity to acquire a well-maintained, income-producing asset with a strong unit mix and in-place annual gross income of $112,692. Four garage spaces provide added tenant convenience and potential for additional income through storage or conversion. This turnkey property is an ideal fit for investors seeking stability, upside, and a solid foothold in one of Long Beach's most accessible and renter-friendly neighborhoods.

Location

State CA

County Los Angeles

Area 9 - Poly High

Zoning LBR1N

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Sidewalks

Total Parking Spaces 4

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7211014020

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

Lease Land No

CRMLS – RECore
Listed by Christopher Van Vuuren Lyon Stahl Investment Real Estate, Inc. 714-655-0098

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agent

Mason Frakes

Broker Associate | License ID: 02036823

+1(805) 260-4860

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