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.
For sale
Listing Provided by:
Ty Youngblood DRE #01381038 951-751-1994,
Keller Williams Realty
$1,399,000
251 E Nevada St, Long Beach, CA 90806
9beds
7baths
4,651sqft
Est.:
Quadruplex
Built in 1968
-- sqft lot
$1,391,500 Zestimate®
$301/sqft
$-- HOA
What's special
Spacious unitsWell-kept lotLarger layouts
- 35 days
- on Zillow |
- 306 |
- 27 |
Zillow last checked: 7 hours ago
Listing updated: April 03, 2025 at 12:23am
Listing Provided by:
Ty Youngblood DRE #01381038 951-751-1994,
Keller Williams Realty
Source: CRMLS,MLS#: IG25071699
Originating MLS: California Regional MLS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 7
Appliances
- Laundry: Common Area, Community
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 4,651
- Total interior livable area: 4,651 sqft
Video & virtual tour
Property
Parking
- Total spaces: 5
- Parking features: Garage
- Garage spaces: 5
Features
- Levels: Two
- Stories: 2
- Entry location: Front
- Pool features: None
- Fencing: Block,Security,Fenced
Lot
- Size: 6,429 Square Feet
- Features: 2-5 Units/Acre
Details
- Parcel number: 7208011028
- Zoning: LBR2N
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1968
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
- Subdivision: Wrigley Area (WR)
HOA
- Has HOA: No
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $301/sqft
- Tax assessed value: $664,379
- Annual tax amount: $9,258
- Date on market: 4/2/2025
- Listing terms: Down Payment Resource
- Total actual rent: 9497
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