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$ 1,580,000
Est. payment | /mo
4 Beds
$ 1,580,000
Est. payment | /mo
4 Beds
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Willmore District (Wm)
MLS Listing ID SR25119378
Bedrooms 4
Property Sub-Type Res Income 2-4 Units
Property Description
Nestled in the vibrant heart of Downtown Long Beachs historic Willmore District, 433 W 9th Street presents a rare opportunity to acquire a classic four-unit building with exceptional upside. Each of the four spacious units offers a well-designed 4-bedroom, 1-bathroom layout, averaging approximately 1,254 sq. ft. (buyer to verify), providing generous living spaces ideal for families, shared housing, or long-term tenants. Built in 1923, this two-story property showcases timeless early 20th-century architecture, with large interiors filled with natural light and original details that speak to its heritage. The building has been under long-term ownership and is well maintained, yet offers significant value-add potential through strategic updates and rental repositioning. Current rents are well below market, presenting a clear path for increased income for the savvy investor. The property includes two on-site garages plus two additional tandem parking spaces, offering four total off-street spotsan added convenience in this bustling urban location. With close proximity to public transit, freeways, shopping, dining, and the rapidly growing Downtown Long Beach core, the location supports strong tenant demand and long-term appreciation. Whether youre looking to expand your multifamily portfolio, complete a 1031 exchange, or secure a high-potential income property in a coastal growth market, 433 W 9th Street is a standout opportunity not to be missed.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Magnolia Avenue & West 9th Street
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 7272010019
Listed by Milla Pariser Beverly and Company
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