Quadplex with Detached
For Sale
$1,150,000
1430 W 19th St, Long Beach, CA 90810
Four-unit property offers two 3-bed units and two 1-bed units, plus three detached garages for tenant use.
Property Size2,821 SF
Lot Size0.15 Acres
Price / SF$407.66
Days on Market194
Property Features for 1430 W 19th St
General Information
Standard status
Active
Size
2,821 SF
Total Parking Spaces
3
Lot size
0.15 Acres
Property subtype
Multi Family
Additional Details
Multifamily Units
4
Building Details
Year Built
1957
Tenancy
Multi
Listing Agency:
Vic Steele, Broker
Listed By:
Vic Steele · License #01349863
(714) 240-3693
Source:
Exitrealty
Added: Apr 10
Changed: Oct 11
Last Checked: Oct 11 at 5:28AM
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 Vic Steele, Broker
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Investment Insights
Based on property information with market context.
This quadplex features a unit mix of two 3-bedroom, 2-bath units and two 1-bedroom, 1-bath units. The property includes three detached garages, adding practical off-street parking and tenant amenities. The layout is designed around two separate structures, creating a functional residential configuration for the existing four-unit setup.
Situated on a 6,389 sq ft lot with approximately 2,821 sq ft of living space, the property is located in a walkable Long Beach neighborhood with walkScore of 65 (Somewhat Walkable) and bikeScore of 57 (Bikeable). The transitScore is 45 (Some Transit), supporting convenient access to local amenities.
The offering presents a value-add angle through interior upgrades, exterior improvements, and rental optimization, with particular upside indicated for the larger units.
Situated on a 6,389 sq ft lot with approximately 2,821 sq ft of living space, the property is located in a walkable Long Beach neighborhood with walkScore of 65 (Somewhat Walkable) and bikeScore of 57 (Bikeable). The transitScore is 45 (Some Transit), supporting convenient access to local amenities.
The offering presents a value-add angle through interior upgrades, exterior improvements, and rental optimization, with particular upside indicated for the larger units.
Key Highlights
- 4‑plex built in 1957 with 2 separate structures and two 3‑bed, 2‑bath units plus two 1‑bed, 1‑bath units
- Approximately 2,821 sq ft of living space on a 6,389 sq ft lot
- Includes three detached garages, adding tenant parking/storage and potential added income
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,653
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,213,060
$1.2M
Cap Rate 7%
$866,471
$866.5K
Cap Rate 9%
$673,922
$673.9K
Market Conditions
NOI Build-Up for 2,821 SF
Gross rent
$91.4K $32.40/SF
− Vacancy
−$4.8K −$1.68/SF
EGI
$86.6K $30.72/SF
− OpEx
−$26.0K −$9.21/SF
NOI
$60.7K $21.50/SF
Area
Long Beach, CA
Vacancy
5.20%
Lease Rate
$32.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,213,060
Cap Rate 7%
$866,471
Cap Rate 9%
$673,922
Alternative Uses
Best Use
Multifamily LT 5
$866.5K
$758.2K – $1.01M
NOI $60,653 @ 7.0% cap · market cap 5.27%
Second Best
Apartment 5plus
$770.7K
$674.3K – $899.1K
NOI $53,947 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,725 @ 7.0% cap · market cap 9.19%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,068
Businesses Nearby
Explore this area
Business Placement
Demographics for 90810, CA
38,529
Population
10,294
Households
3.7
Avg Household Size
37
Median Age
21%
College-Educated
76%
High-School Grad
6.5 sq mi
ZIP Area
5,928
Density / Sq Mi
$82,222
Median Household Income
$39,397
Median Earnings
$1,554
Median Rent
$594,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property offers two 3-bed units and two 1-bed units, plus three detached garages for tenant use.
Where is this quadplex located?
The property is located at 1430 W 19th St Long Beach, CA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 4‑plex built in 1957 with 2 separate structures and two 3‑bed, 2‑bath units plus two 1‑bed, 1‑bath units; Approximately 2,821 sq ft of living space on a 6,389 sq ft lot; Includes three detached garages, adding tenant parking/storage and potential added income
