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Four-Unit Residential Income Property
For Sale
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Pending

414 Obispo Ave, Long Beach, CA 90814

Attractively landscaped four-unit building with two studios and two one-bedroom units plus three tandem parking spaces.

Property SizeContact for details
Days on Market146

Property Features for 414 Obispo Ave

General Information

Standard status Pending
Total Parking Spaces 3
Property subtype Multifamily

Additional Details

Multifamily Units 4

Amenities

landscaped grounds

Building Details

Tenancy Multi
Listing Agency: Stepp Commercial
Listed By: Robert Stepp · License #CA 01456379
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Sep 3 at 9:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stepp Commercial

Investment Insights

Based on property information with market context.

414 Obispo Avenue is a four-unit residential income property featuring two studio units and two one-bedroom units, including one with 1.5 bathrooms and one with 1 bathroom. The property is described as attractively landscaped and provides three tandem parking spaces along the driveway.

Located just steps from the 4th Street/Retro Row area in Long Beach, the property is in walking distance to dining, shopping, and lifestyle amenities along the 4th Street/Retro Row corridor. The listing also notes a Walk Score of 91.

The unit mix is well suited to tenants seeking smaller studio layouts alongside one-bedroom options, with off-street parking configured as tandem spaces accessible from the driveway.

Key Highlights

  • 4‑unit property with (2) studio units, (1) 1BD/1BA unit, and (1) 1BD/1.5BA unit
  • Three tandem parking spaces available along the driveway
  • Walk Score of 91, within walking distance to dining, shopping, and lifestyle amenities along the 4th Street/Retro Row corridor

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Food Market Parking Lot & Garage Grocery & Convenience Store Storage Facility HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,049
Businesses Nearby

Demographics for 90814, CA

19,042
Population
9,939
Households
1.9
Avg Household Size
39
Median Age
56%
College-Educated
92%
High-School Grad
1.3 sq mi
ZIP Area
14,648
Density / Sq Mi
$98,070
Median Household Income
$60,482
Median Earnings
$1,987
Median Rent
$898,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Attractively landscaped four-unit building with two studios and two one-bedroom units plus three tandem parking spaces.
Where is this quadplex located?
The property is located at 414 Obispo Ave Long Beach, CA.
What are key features of this property?
This property features: 4‑unit property with (2) studio units, (1) 1BD/1BA unit, and (1) 1BD/1.5BA unit; Three tandem parking spaces available along the driveway; Walk Score of 91, within walking distance to dining, shopping, and lifestyle amenities along the 4th Street/Retro Row corridor
(310) 463-2916 Call to check price and availability
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