Poly High (9) Homes with Quadruplex Subtype

Poly High (9) Homes with Quadruplex Subtype

Welcome to Poly High, a vibrant neighborhood nestled in the heart of Long Beach, California. Known for its rich cultural tapestry and community spirit, Poly High is a gem within Los Angeles County that offers residents a perfect blend of urban convenience and suburban charm. This area is particularly renowned for its strong sense of community and excellent educational opportunities, making it an ideal place for families, young professionals, and retirees alike.

One of the standout features of Poly High is its diverse housing options, including the increasingly popular quadruplex homes. These unique properties provide an exceptional opportunity for both investors and homeowners. With four separate living units, quadruplexes offer a perfect solution for those looking to generate rental income while enjoying the benefits of homeownership. Imagine living in one unit while renting out the others, creating a steady stream of passive income that can help offset mortgage costs.

The neighborhood boasts convenient access to local amenities, including parks, shopping centers, and restaurants, all within a short distance. Residents can enjoy the beautiful California weather while exploring nearby beaches or taking part in community events that foster connections and friendships. With its excellent schools, vibrant atmosphere, and the allure of quadruplex living, Poly High is not just a place to live, but a place to thrive. Discover your next home in this charming neighborhood and experience the best that Long Beach has to offer!

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.