$1,249,900
0.15 Acre Lot

1070 Loma Vista Drive, Long Beach, California 90813

  • Residential Income Property Type
  • Driveway Cars Garage
  • 1919 Year Built
Property Description

Located in a Qualified Opportunity Zone, this exceptional investment opportunity sits in the heart of Long Beach! This versatile 5-unit rental property offers a highly desirable layout and prime location, making it an easy-to-rent option for savvy investors or owner-occupants.

At the front of the expansive lot, a cozy 2-bedroom, 1-bath house greets you with its inviting character. The front house offers a private garage and a dedicated laundry area. Step inside to find a comfortable living space with plenty of potential to make it your own home, or use as the premier rental unit of the five offerings.

Behind the front house, you’ll find four (4) additional 1-bedroom, 1-bath units, each with its own covered front porch—perfect for enjoying Long Beach’s coastal breeze. One of these units was just beautifully remodeled and is now vacant, ready to welcome a new tenant or even a potential owner. The remodeled unit features wide plank light oak laminate flooring, custom built-in cabinetry in the living room, crisp white shaker kitchen cabinets, elegant quartz countertops, and stylish five-panel shaker doors. With new plumbing and abundant natural light, this unit stands out as a bright and modern living space, showcasing the possibilities with the remaining units.

The other four units are tenant-occupied, offering steady income from day one, and they come with great potential for updates to further increase investment value. Each unit has its own separate electric and gas meter, adding convenience for both tenants and management.

Situated on a spacious 6,674 sq. ft. lot, this property also boasts a recently replaced roof, and designation within the Historic District.

The location is unbeatable—just 1.5 miles from Shoreline Village, where you’ll find a variety of dining and entertainment options. The iconic Queen Mary is only 2 miles away, and Drake Park, with its soccer fields, tennis courts, and playground, is within walking distance. Around the corner, you’ll also discover the Historic Bembridge House, adding a touch of local charm and history to the neighborhood.

This property offers the perfect blend of modern updates, historic appeal, and prime location, making it a rare gem in Long Beach. Whether you’re looking to grow your investment portfolio or secure a steady income stream, 1070 Loma Vista Drive is a must-see. Don’t miss this incredible opportunity!

Basic Details
Residential Income
For Sale
NP24251827
$1,249,900
Park/Greenbelt, Neighborhood, River, Trees/Woods
1919
0.15 Acre
Active
Quadruplex
Features
: None
: Electric, Wall Furnace, Natural Gas
: None
: Chain Link
: None
: Driveway
: Laminate, Tile
: All Bedrooms Down, Bedroom on Main Level, Open Floorplan, Built-in Features, Storage, Quartz Counters, Galley Kitchen, Stone Counters
: Inside, Washer Hookup, Gas Dryer Hookup, Electric Dryer Hookup
: Public Sewer
: Electricity Connected, Sewer Connected, Water Connected, Electricity Available, Sewer Available, Water Available
$0
Appliances
: Water Heater
Address Map
CA
Los Angeles
Long Beach
Willmore District (WM)
90813
Loma Vista Drive
1070
W119° 47' 55.7''
N33° 46' 47.2''
From Anaheim Street turn South onto Daisy Ave, the West onto N Loma Vista Drive, property will be on the left.
4 - Downtown Area, Alamitos Beach
Additional Information
$0
$0
$0
$0
$0
2644
: Park, Sidewalks, Street Lights, Curbs, Urban
Standard
1
: Slab
1.0
: One
: 2-5 Units/Acre
5
2025-01-07
1299900
1
1
https://youtu.be/qm Kdii_Rw N8
https://drive.google.com/file/d/1z_Xe7YDq WB2t W3k Yi Qp X56d HUbu ZWJZx/view?usp=sharing
: Public
Broker/Agent Information
Coldwell Banker Realty
Devin Lucas
Listing Information
Courtney Lucas
NP60565
U6312
Coldwell Banker Realty
U41293
U6312
Submit
Active
2025-04-30T18:29:19Z
CRMLS
: Standard
2025-01-07T17:15:09Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069