Poly High (9) Homes with Quadruplex Subtype

Poly High (9) Homes with Quadruplex Subtype

Welcome to the vibrant and diverse neighborhood of Poly High in Long Beach, California! Nestled in the heart of Los Angeles County, this area is not just a place to live; it’s a community that thrives on connection, culture, and opportunity. Known for its rich history and welcoming atmosphere, Poly High offers residents a unique blend of urban convenience and suburban charm.

One of the standout features of this neighborhood is its array of housing options, particularly the quadruplex homes that grace the streets of Poly High. These multi-family residences are perfect for those looking to invest in real estate or for families wanting to live close to one another while maintaining their own space. Quadruplexes typically offer four separate living units, providing ample room for multiple households or the potential for rental income. This makes them an ideal choice for savvy investors or families seeking an affordable way to enter the housing market in this desirable area.

Living in Poly High means enjoying easy access to local parks, schools, and a variety of dining and shopping options. The community is known for its strong sense of belonging, with friendly neighbors and regular events that foster connections among residents. Plus, with Long Beach’s beautiful coastline just a short drive away, residents can enjoy the best of California living, from beach days to vibrant nightlife.

Discover the charm and opportunity that Poly High has to offer, and explore the potential of quadruplex living in this dynamic Long Beach community!

Newest Poly High (9) Homes with Quadruplex Subtype

$799,000
OC26095441 MLS Active Status
Excellent opportunity to acquire a value-add four-unit investment property in the highly desirable Downtown Long Beach submarket. This multi-unit asset offers strong in-place income with significant upside potential through renovation and rental repositioning. The property is current potential gross annual income is $74,100. This reflects a current Gross Rent Multiplier (GRM) of 10.80 at the current list price and a cap rate of approximately 8.19%. These metrics position the asset as an attractive opportunity for investors seeking both immediate cash flow and long-term appreciation. With strategic improvements, investors have the ability to reposition the asset, increase rents toward market levels, and further enhance overall returns. The property is ideal for investors pursuing a value-add strategy, long-term hold, or future refinance scenario. Located in the heart of Downtown Long Beach, the property benefits from strong tenant demand driven by proximity to major employment centers, coastal amenities, and a vibrant urban lifestyle. The area is known for its waterfront access, marina, Shoreline Village, The Pike Outlets, and a thriving dining and arts scene, making it a highly desirable location for renters. The property is also well-positioned for public transportation access, with the Metro A Line providing direct connectivity from Downtown Long Beach to Downtown Los Angeles and surrounding areas. Nearby transit hubs and multiple Long Beach Transit bus routes offer convenient local and regional access, enhancing tenant appeal and long-term rental demand. This is a rare opportunity to acquire a centrally located multi-unit property in one of Southern California’s most dynamic coastal markets, offering immediate income with strong upside potential through rental growth and property improvements. Buyer and buyers agent to conduct their own analysis.

1208 N Saint Marys Court, Long Beach

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.