$1,399,000

251 E Nevada St Long Beach, CA 90806

$10,000
Closing credit¹
0.1 acres
Multi-Family

Property details

About 251 E Nevada St

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.

Highlights

Home typeQuadruplex
StatusActive
Lot size0.1476 Acres
Year built1968
MLS #IG25071699
Garage5 spaces

Virtual tour

Summary

  • MLS Number: IG25071699
  • MLS Name: CRMLS
  • Office Name: Keller Williams Realty
  • Office Phone: (951) 751-1994
  • Listing Agent: Ty Youngblood

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/10/2025, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade with stone siding, a gate, fence, a chimney, and stucco siding

$1,399,000

251 E Nevada St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 06, 2009
Home Sold
$525,000
Sep 27, 1991
Home Sold
$328,500

Tax history

YearAssessmentProperty Tax
2024$664,379$9,257
2023$651,353$9,100
2022$638,583$8,563
2021$626,063$8,369
2020$619,645$8,250
2019$607,496$7,947
2018$595,585$7,864
2017$583,907$7,864

History based on county public records data.

Nearby schools

5

Lafayette Elementary School

Public District KG-5

0.3 mi

2445 Chestnut Ave

4

Smith Elementary School

Public District KG-5

0.4 mi

565 E Hill St

5

Birney Elementary School

Public District KG-5

0.9 mi

710 W Spring St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $43,893. Most Long Beach, CA residents have annual incomes between $35k-100k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

42%
<35k
43%
35k-100k
9%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

36%
Single, No Kids
26%
Single, with Kids
15%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
11%
12-17 yrs old
28%
18-34 yrs old
38%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • Ross Dress For LessRoss Dress For Less
  • H&MH&M

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Jack In The BoxJack In The Box
  • Boston MarketBoston Market

What do the neighbors drive?

  • DodgeDodge
  • NissanNissan
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 251 E Nevada St in Long Beach, CA and zip code 90806 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 2, 2025 and is currently priced at $1,399,000.

Long Beach, CA housing market in March 2025 saw over 58 listings sold above listed price, more than 28 sold at listed price and over 59 sold below. The inventory of homes for sale in Long Beach, CA between February and March 2025 increased by 5%. In March 2025 median list price was $830,250 and the average listing age was 32 days.

From Rocket Homes Real Estate and based on county public records data.

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