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Three-Unit Corner Income Property
For Sale
$1,749,000
Pending

1980 Vuelta Grande Avenue, Long Beach, CA 90815

Three separate units on a corner lot include a recently updated main home and two new one-bedroom ADUs.

Property Size2,703 SF
Days on Market35

Property Features for 1980 Vuelta Grande Avenue

General Information

Standard status Pending
Size 2,703 SF
Property subtype Residential Income / Triplex
Zoning Assessor
Net Operating Income $92,206

Additional Details

Multifamily Units 3

Building Details

Year Built 1953
Buildings 1
Listing Agency: Compass
Listed By: Kristi Vento · License #01152209
Source: Compass
Added: Jul 20 Changed: Aug 23 Last Checked: Aug 22 at 7:46AM

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 Compass

Investment Insights

Based on property information with market context.

This three-unit corner income property includes a recently updated main home plus two newly built one-bedroom ADUs. The main home features three bedrooms, two bathrooms, an open concept kitchen and family room with a fireplace, and living and dining areas. New folding doors open to the backyard. Each ADU has its own address, air conditioning, inside laundry, and separate gas and electric meters.

The property is located in East Long Beach and is described as being moments from CSULB and the VA Hospital. There are three separate meters for gas and electricity. The listing also notes ample street parking along both sides of the property, and that both ADUs will be delivered vacant upon COE.

The unit mix and separate metering provide clear separation of utilities and tenancy within the overall three-unit configuration.

Key Highlights

  • 3‑unit property on a corner lot in East Long Beach with a recently updated main home plus two one‑bedroom ADUs
  • Main home features 3 bedrooms, 2 bathrooms, an open kitchen/family room with fireplace, and living and dining areas
  • New folding doors open from the main home to the backyard

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Hair Salon Spa & Massage Center Building Supply

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

403
Businesses Nearby

Demographics for 90815, CA

41,837
Population
15,908
Households
2.6
Avg Household Size
38
Median Age
53%
College-Educated
95%
High-School Grad
7.1 sq mi
ZIP Area
5,893
Density / Sq Mi
$116,567
Median Household Income
$66,669
Median Earnings
$2,263
Median Rent
$890,500
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?
Triplex - Three separate units on a corner lot include a recently updated main home and two new one-bedroom ADUs.
Where is this triplex located?
The property is located at 1980 Vuelta Grande Avenue Long Beach, CA.
What is the asking price?
The asking price for this property is $1,749,000.
What are key features of this property?
This property features: 3‑unit property on a corner lot in East Long Beach with a recently updated main home plus two one‑bedroom ADUs; Main home features 3 bedrooms, 2 bathrooms, an open kitchen/family room with fireplace, and living and dining areas; New folding doors open from the main home to the backyard
More about this property
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