Poly High (9) Homes with Quadruplex Subtype

Poly High (9) Homes with Quadruplex Subtype

Welcome to the vibrant and dynamic Poly High neighborhood in Long Beach, California, where community spirit meets urban convenience! Nestled within Los Angeles County, this area is renowned for its rich cultural tapestry, excellent schools, and a welcoming atmosphere that makes it an ideal place for families, young professionals, and retirees alike.

Poly High, with its impressive rating of 9, boasts a reputation for outstanding educational opportunities, making it a sought-after location for families prioritizing quality schooling. Residents enjoy easy access to a variety of parks, shopping districts, and local eateries, ensuring that everything you need is just a stone's throw away. The neighborhood's proximity to the stunning California coastline adds to its allure, offering residents the chance to enjoy the sun, surf, and sand whenever the mood strikes.

For those considering investment opportunities, the Quadruplex homes in this area present a unique chance to tap into the thriving rental market. These multi-family properties not only provide a steady income stream but also foster a sense of community among tenants. With spacious layouts and the potential for multiple rental units, Quadruplex homes are ideal for investors looking to maximize their returns while contributing to the neighborhood's growth.

Whether you're looking to settle down in a family-friendly environment or seeking a lucrative investment opportunity, Poly High in Long Beach offers the perfect blend of charm and potential. Explore the possibilities today and discover your dream home in this flourishing community!

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 currently generating approximately $58,500 in annual gross income, reflecting a current Gross Rent Multiplier (GRM) of 13.68 at the current list price and a cap rate of approximately 6.24%. 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.