CA > Long Beach > Los Altos-South Of Fwy (Lsf)
Long Beach, CA 90815,5536 E Daggett ST
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Long Beach, CA 90815,5536 E Daggett ST
Long Beach, CA 90815,5536 E Daggett ST
Long Beach, CA 90815,5536 E Daggett ST
Long Beach, CA 90815,5536 E Daggett ST
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Julie Giffin

Julie Giffin

+1(949) 274-0620
$ 2,200,000
Est. payment /mo
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5536 E Daggett ST Long Beach, CA 90815

6,320 Sqft Lot

UPDATED:

03/14/2025 05:02 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Los Altos/South Of Fwy (Lsf)

MLS Listing ID PW25047352

HOA Y/N No

Year Built 1963

Lot Size 6,320 Sqft

Property Sub-Type Quadruplex

Property Description

Sage Real Estate is proud to present 5536 E. Daggett Ave, a rare multifamily investment opportunity in the highly sought-after Los Altos neighborhood of Long Beach (90815). Surrounded primarily by single-family homes with an average sales price of $1,100,000, this property stands out as one of the few fourplexes in the area. Out of the 2,848 fourplexes in Long Beach, only 5% are located in this zip code, and no similar property has sold in this part of Los Altos in over five years.

At 5,135 square feet, this is one of the largest fourplexes in Long Beach. This well-maintained four-unit building features spacious 2-bedroom, 2-bathroom units, each approximately 1,075 sq. ft. Additionally, a brand-new ADU offers 1 bedroom, 1 bathroom, and 835 sq. ft. of living space, and will be delivered vacant at closing, providing an excellent opportunity for owner occupancy or additional rental income. The current rental income from the four occupied units is $2,178, $2,500, $1,955, and $1,383 per month, with additional income potential from the ADU.

Unit 3, considered the **owner's unit**, features air conditioning for added comfort. Two of the units have in-unit washer/dryer hookups, while the remaining three share a common area laundry. All units are upgraded with dual-pane windows. Heating systems vary by unit, with most featuring efficient heat pumps, while Unit 4 is equipped with radiant heat.

The property is equipped with all-new electrical main panels, four garages, and RV parking. With strong rental demand, immediate cash flow, and long-term appreciation potential, this is an exceptional investment opportunity in one of Long Beach's most desirable neighborhoods.

Location

State CA

County Los Angeles

Area 34 - Los Altos, X-100

Zoning LBR4R

Interior

Heating Heat Pump

Cooling Central Air

Fireplace No

Laundry Common Area, See Remarks

Exterior

Parking Features Assigned

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs

View Y/N No

View None

Total Parking Spaces 5

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7225008006

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Juan Huizar • Sage Real Estate Group, Inc. • 562-307-0838
agent

Julie Giffin

Advisor | License ID: 02073320

+1(949) 274-0620

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5536 E Daggett ST