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251 E Nevada Street, Long Beach, CA 90806 (MLS # CRIG25071699)

Price $1,399,000
Status Active
Beds 9
Baths 0 Bath
Home size 4,651 sqft
Lot Size 6,534 sqft
Days on Market 2
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.
Property Type(s): Multi Family
Last Updated 4/2/2025 Year Built 1968
County Los Angeles

Additional Details

EXTERIOR Other
HOA DUES 0
LOT 6534 sq ft
ZONING LBR2
Listing provided by Ty Youngblood | 951-751-1994Keller Williams Realty
Bay East ©2025. CCAR ©2025. EBRD ©2025.

Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 4/3/25 2:12 PM PDT.

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