679 Obispo, Long Beach, CA 90814
Spanish, Quadruplex - Long Beach, CA
- Added:
- Jun 8, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 8 at 5:06 pm
Property Features for 679 Obispo
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking
- 6
- Parking features
- Garage
- Interior features
- Built-in Features, None
- Exterior features
- Fence, Community Features Included: Urban, Rectangular Lot
- Fencing
- Fenced
- Appliances
- Range, Range - Gas
- Standard status
- Active
- APN
- 7258030013
- Size
- 3,176 SF
- Lot size
- 4,001.00 Acres
Utilities
- Heating system
- Floor Furnace, Wall Furnace
- Cooling system
- None (Cooling)
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Tile, Vinyl
- Building materials
- Stucco
- Roof type
- Flat
- Architectural style
- Spanish
Listing agent Anthony Walker License #01908153 (310) 561-4776
Listing office Buckingham Investments, Inc 1304 El Prado Ave Ste C, Long Beach, CA (310) 982-7055
Listing date Jun 8, 2026
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
- Four‑unit property with a 2 bed/1 bath unit mix: two 2BD/1BA units and two 1BD/1BA units
- Two recently updated interiors units, plus a total detached 3‑car garage and 3 additional parking spaces
- Deep rectangular lot with a rear patio and fenced exterior
- Separately metered for gas and electricity
- 1930 construction with Spanish architectural style, stucco exterior, and flat roof
- Reported underwriting: 12.5X GRM on actual income, with market‑rent metrics at 11.2X GRM and 5.6% cap rate
Overview
The property is located in Long Beach’s Historic Rose Park South area, positioned between the Rose Park and Bluff Heights neighborhoods. It is described as about two blocks from 4th Street Retro Row, where restaurants, shops, and bars are located, and just over one mile from the beach with pedestrian access to the Shoreline Bike Path.
For buyers seeking a small multifamily asset, the layout supports both larger household demand and smaller unit flexibility within the same building. Updated interiors and separate utility metering can simplify day-to-day operations, while the deep lot, parking, and rear outdoor space offer additional utility for residents and potential expansion where desired.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $102.9k | $32.40 |
| − Vacancy | −$5.4k | −$1.68 |
| EGI | $97.6k | $30.72 |
| − OpEx | −$29.3k | −$9.21 |
| NOI | $68.3k | $21.50 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Long Beach
- County
- Los Angeles
- State
- California
- Longitude
- -118.1548441
- Latitude
- 33.7749468
