Poly High (9) Homes with Quadruplex Subtype

Poly High (9) Homes with Quadruplex Subtype

Welcome to Poly High, a vibrant neighborhood nestled in the heart of Long Beach, California. Known for its rich cultural diversity and community spirit, Poly High is an inviting area that offers a perfect blend of urban convenience and suburban charm. The neighborhood is renowned for its top-rated schools, including Poly High School, which boasts a strong academic reputation and a variety of extracurricular programs that cater to the interests of students.

In terms of real estate, Poly High features a unique opportunity for investors and homeowners alike with its stunning quadruplex homes. These properties are often sought after for their versatility and potential for generating rental income. A quadruplex typically consists of four separate units, making it an ideal choice for those looking to live in one unit while renting out the others. This arrangement not only provides a steady cash flow but also fosters a sense of community among residents.

Homes in this area are characterized by their charming architecture and well-maintained exteriors, often featuring spacious layouts and modern amenities. With easy access to local parks, shopping centers, and dining options, residents of Poly High enjoy a lifestyle that balances convenience and leisure. Whether you're a first-time buyer or an experienced investor, the quadruplex homes in Poly High present an exceptional opportunity to become part of this dynamic neighborhood. Explore the possibilities today and make Poly High your new home!

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.