241 Lindero Avenue Long Beach, CA 90803
New
Traditional, Quadruplex - Long Beach, CA
Type:Quadruplex
Property size:
4,032 SFLot size:
6,109.00 AcresPrice / SF:
$446/SF- Added:
- May 5, 2026
- Days on Market:
- 4
- Last Refresh:
- May 8 at 11:06 am
Property Features for 241 Lindero Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Zoning
- LBR2A
- Bedrooms
- 9
- Bathrooms
- 5
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room
- Parking
- 5
- Parking features
- Driveway, Garage
- Window features
- Double Pane Windows
- Interior features
- Ceiling Fan(s), Open Floorplan, No Interior Steps, Double Door Entry, Mirror Closet Door(s), Carbon Monoxide Detector(s), Window Features: Double Pane Windows, Blinds, Screens
- Exterior features
- Fence, Community Features Included: Curbs, Street Lights, Storm Drains, Sidewalks, Near Public Transit, Park Nearby, 2-5 Units/Acre, Front Yard, Walkstreet
- Fencing
- Fenced
- Appliances
- Garbage Disposer, Range
- Standard status
- Active
- APN
- 7263009009
- Size
- 4,032 SF
- Lot size
- 6,109.00 Acres
Utilities
- Heating system
- Radiant
Building Details
- Year built
- 1969
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Carpet, Laminate
- Building materials
- Brick, Concrete, Stucco, Wood Siding
- Roof type
- Composition
- Architectural style
- New Traditional
Listing agent Jon Perez License #01405984 (714) 865-3035
Listing office First Team Real Estate 8028 E. Santa Ana Canyon Rd, Newport Beach, CA (714) 974-9191
Listing date May 5, 2026
MLS# PW26062713
Listing URL
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime location in the highly desirable Belmont Heights/Bluff Heights area, just off Broadway and approximately 0.3 miles to the beach, with a Walk Score of 94/100.
- Strong income property with a current cap rate of approximately 4.8%, with the potential to increase to 6%+ by leasing the vacant unit at market rent.
- Well‑maintained fourplex with a desirable unit mix: one spacious 3‑bedroom, 2‑bath unit and three 2‑bedroom, 1‑bath units.
- One unit is currently vacant, offering immediate flexibility for owner‑occupancy or increased cash flow through market‑rate leasing.
- Recent improvements include roof replacement and scheduled termite clearance and exterior painting.
- Ample parking with two 2‑car garages (one space per unit) plus an additional dedicated parking space for the 3‑bedroom unit, totaling five spaces, along with convenient street parking.
Overview
Long Beach Fourplex Near Beach
Located in the Belmont Heights/Bluff Heights area of Long Beach, this four-unit property offers an investment opportunity in a coastal multifamily asset. The property is approximately 0.3 miles from the beach and near dining, shopping, and entertainment in Belmont Shore and Shoreline Village. Constructed in 1969, the property contains approximately 4,032 square feet of living space on a 6,109 square foot lot. The unit mix includes one 3-bedroom, 2-bath unit and three 2-bedroom, 1-bath units, distributed across two levels. One unit is currently vacant, offering flexibility for owner-occupancy or leasing. One unit has been recently updated with a new kitchen, flooring, and bathroom. Recent improvements include a roof replacement completed within the past few years. The property is scheduled for termite clearance and exterior painting. At the rear of the property are two 2-car garages, with each unit assigned one garage space, plus an additional dedicated parking space for the 3-bedroom unit, totaling five parking spaces. The property is performing at approximately a 4.8% cap rate, with the ability to increase to roughly 6%+ once the vacant unit is leased at market rent. The location has a Walk Score of 94 out of 100.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Long Beach
- County
- Los Angeles
- State
- California
- Longitude
- -118.163008
- Latitude
- 33.767076
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four-unit property near the beach with income and upside potential.
Where is this quadplex located?
The property is located at 241 Lindero Avenue Long Beach, CA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Prime location in the highly desirable Belmont Heights/Bluff Heights area, just off Broadway and approximately 0.3 miles to the beach, with a Walk Score of 94/100.; Strong income property with a current cap rate of approximately 4.8%, with the potential to increase to 6%+ by leasing the vacant unit at market rent.; Well‑maintained fourplex with a desirable unit mix: one spacious 3‑bedroom, 2‑bath unit and three 2‑bedroom, 1‑bath units.
