Four-Unit Residential Income
For Sale
$1,350,000
679 Obispo, Long Beach, CA 90814
Historic quadplex with updated interiors, separate utilities, and off-street parking plus a detached 3-car garage.
Days on Market52
Property Features for 679 Obispo
General Information
Standard status
Active
Total Parking Spaces
6
Property subtype
Investment
Additional Details
Cap Rate
5.6%
Multifamily Units
4
Building Details
Year Built
1930
Listing Agency:
Buckingham Investments, Inc.
(310) 982-7055
Listed By:
Anthony Walker · License #01908153
(310) 982-7055
Source:
Elliman
Added: Jun 12
Changed: Jul 10
Last Checked: Aug 2 at 5:22AM
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 Buckingham Investments, Inc.
Investment Insights
Based on property information with market context.
This four-unit residential income property offers an attractive unit mix with two large 2 bed/1 bath homes and two 1 bed/1 bath homes. The interiors have recently been updated while maintaining historic character, including natural light throughout. The property sits on a deep lot and includes a detached 3-car garage along with three additional parking spaces. A rear patio provides outdoor space and may be suitable for future ADU development, depending on approvals.
Located in Long Beach near the Rose Park and Bluff Heights neighborhoods, the property is positioned between those areas and is about two blocks from the 4th Street Retro Row area with restaurants, shops, and bars. The beach is just over one mile away, and pedestrian access to the scenic Shoreline Bike Path is noted.
For tenants and buyers, the separately metered setup for gas and electricity can simplify utility management. The layout supports a blend of household sizes, and the combination of garage parking and additional spaces can be helpful for day-to-day tenant convenience. The listing notes pricing based on actual income, with separately provided GRM and cap rate figures at market rents.
Located in Long Beach near the Rose Park and Bluff Heights neighborhoods, the property is positioned between those areas and is about two blocks from the 4th Street Retro Row area with restaurants, shops, and bars. The beach is just over one mile away, and pedestrian access to the scenic Shoreline Bike Path is noted.
For tenants and buyers, the separately metered setup for gas and electricity can simplify utility management. The layout supports a blend of household sizes, and the combination of garage parking and additional spaces can be helpful for day-to-day tenant convenience. The listing notes pricing based on actual income, with separately provided GRM and cap rate figures at market rents.
Key Highlights
- Historic Rose Park South 4‑unit property built in 1930 with two 2 bed/1 bath units and two 1 bed/1 bath units
- Recently updated interiors across all units with ample natural light
- Separately metered for gas and electricity
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,620
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Historic quadplex with updated interiors, separate utilities, and off-street parking plus a detached 3-car garage.
Where is this quadplex located?
The property is located at 679 Obispo Long Beach, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Historic Rose Park South 4‑unit property built in 1930 with two 2 bed/1 bath units and two 1 bed/1 bath units; Recently updated interiors across all units with ample natural light; Separately metered for gas and electricity
