CA > Long Beach > Wrigley Area
Long Beach, CA 90806,251 East Nevada Street
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Long Beach, CA 90806,251 East Nevada Street
Long Beach, CA 90806,251 East Nevada Street
Long Beach, CA 90806,251 East Nevada Street
Long Beach, CA 90806,251 East Nevada Street
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Nicole Van Parys & Gary Nesen

Nicole Van Parys & Gary Nesen

+1(805) 795-1880
Listed by Ty Youngblood • Keller Williams Realty
$ 1,399,000
Est. payment /mo
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Active

251 East Nevada Street Long Beach, CA 90806

4,651 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,651 sqft

Price per Sqft $300

Subdivision Wrigley Area

MLS Listing ID IG-25071699

Style Traditional

Year Built 1968

Lot Size 6,429 Sqft

Property Sub-Type Quadruplex

Property Description

Located in Long Beach's Wrigley neighborhood--an area benefiting from ongoing city investment and revitalization--251 E Nevada St presents a rare opportunity to own a large, income-generating fourplex with solid functionality and strong long-term upside. While legally recorded as a 7-bedroom, 6-bathroom building, the property is currently configured as 9 bedrooms and 6 bathrooms across four spacious units: one 3-bedroom, 2-bath unit; two 2-bedroom, 2-bath units; and one 2-bedroom, 1-bath unit. With approximately 4,651 square feet of interior space, each unit offers larger layouts than typically found in this segment of the market. This added bedroom and square footage advantage supports stronger rents compared to similarly sized buildings--an appealing benefit for investors focused on maximizing return. Each unit is assigned a garage, and the property sits on a well-kept lot in a high-demand rental corridor. Whether you're seeking in-place cash flow, a value-add opportunity, or a solid 1031 exchange target, 251 E Nevada offers the scale and flexibility rarely found in this price range.

Location

State CA

County Los Angeles

Area 5 - Wrigley Area

Zoning LBR2N

Interior

Laundry Common Area, Community

Exterior

Parking Features Gated

Garage Spaces 5.0

Pool None

Community Features Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Building

Lot Description 2-5 Units/Acre

Sewer Public Sewer

Others

Virtual Tour https://player.vimeo.com/video/1069297794?badge=0&autopause=0&player_id=0&app_id=58479

agent

Nicole Van Parys & Gary Nesen

License Partners, Private Office Advisors | License ID: 01108944

+1(805) 795-1880

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251 East Nevada Street