#PW24164973, Sonia Aldana, Listing Office: RE/MAX Select One

251 E Nevada St Long Beach, CA 90806
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
Virtual tour
Summary
- MLS Number: IG25071699
- MLS Name: CRMLS
- Office Name: Keller Williams Realty
- Office Phone: (951) 751-1994
- Listing Agent: Ty Youngblood
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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$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
Date | Event | Price |
---|---|---|
Nov 06, 2009 | Home Sold | $525,000 |
Sep 27, 1991 | Home Sold | $328,500 |
Tax history
Year | Assessment | Property 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.
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.
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.