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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
    : 
    Quadruplex
    Built in 1968
    -- sqft lot
    $1,391,500 Zestimate®
    $301/sqft
    $-- HOA

    What's special

    Spacious unitsWell-kept lotLarger layouts
    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.
    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#: IG25071699MLS LogoOriginating MLS: California Regional MLS
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    We’ll find a local expert to take you on a private tour of 251 E Nevada St.

    Next available tour time:Today at 4pm

    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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