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Four-Unit Multifamily Building
For Sale
$1,200,000

456 E Market, Long Beach, CA 90805

MULTI_FAMILY - Long Beach, CA

Property SizeContact for details
Days on Market288

Property Features for 456 E Market

General Information

Property type Residential Multi Family
Property subtype Other
Directions FOLLOW THE GPS INSTRUCTIONS
Subdivision 699 - Not Defined
Standard status Active
APN 7130001007

Building Details

Year built 1949
Listing Agency: Beverly and Company
Listed By: Jeannette Gonzalez · License #01938940
Added: Oct 25, 2025 Changed: Jul 6 Last Checked: Aug 8 at 11:06PM
MLS# SR25247902

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.

Investment Insights

Based on property information with market context.

This for-sale four-unit multifamily property is located at 456 E Market in Long Beach, CA 90805. The offering is zoned LBCMR and is currently fully occupied with no units vacant, creating an opportunity for a buyer to evaluate updates and pursue improved rental income. The property consists of four well appointed units.

The property is centrally located in Long Beach, with access to major shopping and convenient transportation. The remarks also note direct access to different freeways, supporting quick connections to LAX Airport, downtown Long Beach, and other key metropolitan areas.

As presented, the asset offers an occupied four-unit configuration with LBCMR zoning and potential to increase cash flow through rent growth following any value-add upgrades.

Key Highlights

  • Strong upside potential for rent growth and increased cash flow.
  • Zoned LBCMR, offering excellent opportunity in Long Beach City.
  • All units are currently occupied, providing immediate income.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Spa & Massage Center Gym & Fitness Center

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

100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,193
Businesses Nearby

Demographics for 90805, CA

95,350
Population
28,954
Households
3.3
Avg Household Size
34
Median Age
18%
College-Educated
74%
High-School Grad
7.4 sq mi
ZIP Area
12,885
Density / Sq Mi
$68,615
Median Household Income
$34,948
Median Earnings
$1,664
Median Rent
$588,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit property in Long Beach with LBCMR zoning and no current vacancies, offering the chance to improve rents.
Where is this quadplex located?
The property is located at 456 E Market Long Beach, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Strong upside potential for rent growth and increased cash flow.; Zoned LBCMR, offering excellent opportunity in Long Beach City.; All units are currently occupied, providing immediate income.
More about this property
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