Long Beach, CA 90806,2247 Myrtle Avenue
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Long Beach, CA 90806,2247 Myrtle Avenue
Long Beach, CA 90806,2247 Myrtle Avenue
Long Beach, CA 90806,2247 Myrtle Avenue
Long Beach, CA 90806,2247 Myrtle Avenue
Listed by Christopher Van Vuuren • Lyon Stahl Investment Real Estate, Inc.

$1,275,000

Est. payment /mo

$1,320,000

3.4%
Est.Price: ?

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2247 Myrtle Avenue Long Beach, CA 90806

2,876 SqFt

SOLD DATE : 08/20/2025

Key Details

Sold Price $1,275,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,876 sqft

Price per Sqft $443

Subdivision Poly High

MLS Listing ID SB-25149576

Sold Date 08/20/25

Year Built 1923

Lot Size 5,131 Sqft

Property Sub-Type Quadruplex

Property Description

We are proud to present 2247 Myrtle Avenue, a four-unit multifamily property located in the heart of Long Beach's Wrigley neighborhood. Just south of the 405 Freeway and minutes from the Metro A Line, Downtown Long Beach, and Long Beach City College, this centrally located asset benefits from strong tenant demand and excellent regional connectivity. The Wrigley area continues to attract renters looking for affordable housing near key job centers, transit options, and coastal amenities. Situated on a 5,131 SF lot, the property features two separate buildings totaling 2,876 SF, with a desirable unit mix of four (4) two-bedroom, one-bath units. The site includes four (4) garage spaces and is separately metered for gas and electricity. The current owner has completed significant capital improvements, including exterior paint (2021/2025), new roof (2020), gutters (2025), garage doors (2020), a rebuilt staircase (2023), and full or partial repiping. Three units were renovated in 2019 and one in 2022, along with additional upgrades such as window replacements, cleanouts, and a combination of standard and tankless water heaters. 2247 Myrtle Avenue offers a rare opportunity to acquire a well-maintained, income-producing asset with a strong unit mix and in-place annual gross income of $112,692. Four garage spaces provide added tenant convenience and potential for additional income through storage or conversion. This turnkey property is an ideal fit for investors seeking stability, upside, and a solid foothold in one of Long Beach's most accessible and renter-friendly neighborhoods.

Location

State CA

County Los Angeles

Area 9 - Poly High

Zoning LBR1N

Interior

Laundry None

Exterior

Parking Features Gated

Garage Spaces 4.0

Pool None

Community Features Sidewalks

Building

Lot Description Rectangular Lot

Sewer Public Sewer

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agent

Nicole Van Parys & Gary Nesen

License Partners, Private Office Advisors | License ID: 01108944

+1(805) 795-1880

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