$10,000 Closing Credit¹
#PW24164973, Sonia Aldana, Listing Office: RE/MAX Select One
#PW24016535·
Listing Office: Amberwood Real Estate, Inc.·
Listing Agent: Marvin Malone·
Listing Office Phone: 562-377-2370
$10,000
closing credit¹
522 E Rhea St E Long Beach, CA 90806
$1,749,900 List price
$10,000
Closing credit¹
0.1 acres
Multi-Family
Property details
About 522 E Rhea St E
Back on The Market!!THIS 4-UNIT PROPERTY IS A RARE FIND FOR INVESTORS Looking for Great Income, with a Current Gross Schedule Income of $149,300 per Year!!! With a Current Cap Rate at 6.75, Also, The Entire Building was Totally Remodeled Down to the Studs in 2019.The Property Currently has a Newer Roof, Newer Copper Plumbing Throughout, Newer Windows, Newer Interior & Exterior Paint, Newer Laminated Wood and Tile Flooring throughout, Recess Lighting Throughout, Remodeled Kitchens with Newer Wood Cabinets, Granite Countertops, Newer Refrigerators, Stoves, Microwaves, Washers & Dryers, That's Included with the Purchase!! This 4-Unit Building Offers (THREE) 4/Bedrooms 2/Bathrooms & (ONE) 3/Bedrooms with 1/Bathroom. Each Unit is Individually Metered with Gas & Electricity and Currently the Building is 100% Tenant Occupied. This Property Offers Great Gated Parking for Tenants, with (8) Inside Parking Spaces. This Property Wont Last!!6
Highlights
Home typeQuadruplex
HeatingWall Furnace
StatusActive
Lot size0.1492 Acres
Year built1923
ParkingAssigned, Concrete, Gated, On Site
MLS #PW24016535
Summary
- MLS Number: PW24016535
- MLS Name: CRMLS
- Office Name: Amberwood Real Estate, Inc.
- Office Phone: (562) 377-2370
- Listing Agent: Marvin Malone
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: 2/1/2025, 12:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,749,900
522 E Rhea St E
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
4
Smith Elementary School
Public District KG-5
0.4 mi
•565 E Hill St
6
Roosevelt Elementary School
Public District KG-5
0.4 mi
•1574 Linden Ave
8
Alvarado Elementary School
Public District KG-5
0.7 mi
•1400 E 20th 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 $25,759. The majority of Long Beach, CA residents have income less than $<35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
63%
<35k
28%
35k-100k
8%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
32%
Single, No Kids
27%
Single, with Kids
13%
Married, No Kids
28%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
12%
12-17 yrs old
29%
18-34 yrs old
37%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
H&M
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
Boston Market
What do the neighbors drive?
Nissan
Dodge
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 522 E Rhea St E in Long Beach, CA and zip code 90806 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 31, 2024 and is currently priced at $1,749,900.
Long Beach, CA housing market in December 2024 saw over 60 listings sold above listed price, more than 30 sold at listed price and over 58 sold below. The number of listings in Long Beach, CA decreased by 12% between November and December 2024. In December 2024 median list price was $824,872 and the average listing age was 37 days.
From Rocket Homes Real Estate and based on county public records data.