Poly High (9) Homes with Quadruplex Subtype

Poly High (9) Homes with Quadruplex Subtype

Welcome to the vibrant neighborhood of Poly High in Long Beach, California! Nestled in the heart of Los Angeles County, this charming area is renowned for its rich cultural diversity and strong sense of community. Poly High is not just a location; it’s a lifestyle that offers residents a perfect blend of urban convenience and suburban tranquility.

One of the standout features of this neighborhood is its variety of housing options, particularly the increasingly popular quadruplex homes. These unique properties provide an incredible opportunity for both investors and families alike. With four separate living units, quadruplexes offer a fantastic way to maximize your investment potential while providing ample space for multi-generational living or rental income.

Living in Poly High means you’re never far from essential amenities. The area boasts excellent schools, parks, and a wealth of dining and shopping options, all within a short distance. The nearby Long Beach State University adds a youthful energy to the community, making it a hub for innovation and creativity. Plus, with the beautiful California coastline just moments away, residents can enjoy sun-soaked days at the beach, scenic bike rides along the shore, and a plethora of outdoor activities.

Whether you’re looking for a place to call home or an investment opportunity that promises growth, Poly High’s quadruplexes are a remarkable choice. Experience the charm of this neighborhood and discover how it perfectly balances the excitement of city living with the warmth of a close-knit community. Come and explore your future in Poly High, where every day is an opportunity to thrive!

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.