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Quadruplex at 1065 E 19th
$980,000
1065 E 19th
Long Beach, Los Angeles, 90806
Quadruplex · 4 units
Active · 78 days on market

Deal numbers

Est. cap rate
4.8%
Assumed rent, all units
$7,920/mo
Units
4
Price per unit
$245,000
Est. annual NOI
$47,520
Expense assumption
50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

5.0%
50%
25%
7.00%
Effective gross income
$90,288
Operating expenses
$45,144
Net operating income
$45,144
Annual debt service
$58,680
Annual cash flow
-$13,536
Cash on cash return
-5.5%
Down payment
$245,000

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type
Quadruplex
Bedrooms
4
Building size
1,628 sqft
Lot size
3,238 sqft
Year built
1945
Stories
1
Garage spaces
0
Style
Contemporary
Heating
Natural Gas,Wall Furnace
Cooling
Gas
Pool
None
View
Neighborhood
Status
Active
Days on market
78
MLS #
242809094

About this property

1065 E. 19th Street, Long Beach – Pride of Ownership 4-Unit Investment Opportunity Exceptional 4-unit property located in the highly desirable Poly High area of Long Beach. This well-maintained asset showcases true pride of ownership, with numerous recent improvements including a newer roof, fresh exterior paint, updated electrical panels, and newer dual-pane windows. The units have been carefully maintained, offering an attractive living environment for tenants and reducing future maintenance concerns for a new owner. Ideally situated near Long Beach Polytechnic High School and the Long Beach Transit network, the property provides convenient access to shopping, dining, parks, schools, and major transportation routes. Its central Long Beach location continues to attract strong tenant demand, making it an outstanding addition to any investment portfolio. A turnkey income-producing property with desirable upgrades, excellent curb appeal, and long-term upside in one of Long Beach's most sought-after rental markets.

Location

1065 E 19th

Long Beach, Los Angeles, CA, 90806

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

1065 E 19th, Long Beach CA | Multifamily for Sale