Four-Unit Residential Income Property

679 Obispo, Long Beach, CA 90814

View on Map

New

For Sale

$1,350,000

Historic quadplex with updated interiors, separate utilities, and off-street parking plus a detached 3-car garage.

Type:Investment

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
Deep lot with detached 3‑car garage plus 3 additional parking spaces and a rear patio suited for ADU development
Pricing noted at 12.5X GRM with 12% upside to 11.2X GRM and a 5.6% cap rate at market rents

We can help!

Listing Contact

Anthony Walker

Learn more

For Sale

$1,350,000

Historic quadplex with updated interiors, separate utilities, and off-street parking plus a detached 3-car garage.

Type:Investment

Added:: Jun 12, 2026
Days on Market:: 3
Last Refresh:: Jun 13 at 2:41 am

Property Features for 679 Obispo

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1930

We can help!

Listing Contact

Anthony Walker

Listing agent Anthony Walker License #01908153

Listing office Buckingham Investments, Inc.

Listing date Jun 12, 2026

Source Elliman

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.

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
Deep lot with detached 3‑car garage plus 3 additional parking spaces and a rear patio suited for ADU development
Pricing noted at 12.5X GRM with 12% upside to 11.2X GRM and a 5.6% cap rate at market rents

Overview

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.

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Long Beach
County: Los Angeles
State: California
Longitude: -118.1548441
Latitude: 33.7749468

Nearby Similar for Sale

$899,000

2,557 SF

Multi-Unit Retail Property with Patio

Standalone retail unit with an exclusive-use patio, plus additional street-level space and a second-floor residential unit.

702 CEDAR Ave, LONG BEACH, CA 90813

View Details
$899,000

3,960 SF

Long Beach Commercial Owner-User Opportunity

Versatile light-industrial property in a desirable Long Beach location.

2109 W Gaylord Street, Long Beach, CA 90813

View Details
$1,895,000

10,000 SF

Two-Story Storefront Building in Long Beach

Large commercial building near Pine Avenue and East Village Arts District.

129 W 5th Street, Long Beach, CA 90802

View Details
$3,500,000

3,801 SF

Retail Pad Building with Parking

Freestanding pad building on a double-lot site with 21 parking stalls and long frontage for a flexible tenant mix.

5600 E 7th, Long Beach, CA 90804

View Details
$2,298,000

3,636 SF

Spanish-Style Triplex with Courtyard

Spanish-style triplex arranged around a private courtyard with pool and spa, suited for owner-occupants or income-focused investors.

3517 E 2nd, Long Beach, CA 90803

View Details
$2,599,000

2,960 SF

Long Beach Multifamily Investment Opportunity

Eight-unit property in Belmont Shore neighborhood, steps from the beach.

20 Roycroft, Long Beach, CA 90803

View Details
$1,350,000

3,176 SF

Historic Quadplex with 3-Car Garage

Four-unit income property with updated interiors, separate utilities, and a deep lot with patio and parking.

679 Obispo, Long Beach, CA 90814

View Details
$2,800,000

6,480 SF

12-Unit Multifamily Asset in Long Beach

Multifamily property with condo conversion potential in Willmore Historic District.

1070 Chestnut, Long Beach, CA 90813

View Details
$1,400,000

5,050 SF

Long Beach Commercial Asset For Sale

Commercial property in Long Beach with high traffic and redevelopment potential.

1810 E Anaheim, Long Beach, CA 90813

View Details
$1,850,000

6,494 SF

Long Beach Eight-Unit Apartment Building

Eight-unit apartment building in Long Beach with income potential.

833 Cedar, Long Beach, CA 90813

View Details
$5,400,000

12,270 SF

Multifamily Apartment Building with Underground Parking

16-unit multifamily property with all 2-bed/1-bath units, on-site laundry, and secured underground parking.

1060 Olive, Long Beach, CA 90813

View Details
$1,999,000

2,638 SF

Long Beach Spanish-Style Quadruplex

Well-maintained quadruplex in desirable Belmont Shore/Belmont Heights coastal enclave.

4124 E Broadway, Long Beach, CA 90803

View Details

For sale
Quadplexes
CA
Long Beach
90814
679 Obispo

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