Poly High (9) Homes with Quadruplex Subtype

Poly High (9) Homes with Quadruplex Subtype

Welcome to the vibrant neighborhood of Poly High in Long Beach, California! Nestled in the heart of Los Angeles County, this area is renowned for its rich cultural diversity, beautiful parks, and strong sense of community. Poly High is not just a place to live; it's a lifestyle brimming with opportunities for families, young professionals, and everyone in between.

One of the standout features of this neighborhood is its impressive array of homes, particularly the charming quadruplex properties. These unique residences offer an excellent investment opportunity, ideal for those looking to maximize rental income while enjoying the benefits of living in a thriving community. Quadruplex homes in Poly High typically feature four separate units, providing ample space for tenants or the perfect setup for multi-generational living.

Imagine the possibilities! Each unit often boasts its own kitchen, bathroom, and living area, ensuring comfort and privacy for all. With the current real estate market trends, owning a quadruplex in this desirable area not only offers potential financial rewards but also places you in close proximity to some of Long Beach's best amenities.

From local cafes and restaurants to parks and schools, everything you need is just a stone's throw away. The Poly High neighborhood is also well-connected, making commuting to downtown Los Angeles or enjoying a day at the beach a breeze.

Whether you're an investor seeking a lucrative property or a family looking for a spacious home, Poly High's quadruplexes present a unique opportunity to embrace all that Long Beach has to offer. Discover your future in this dynamic and welcoming community today!

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.