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402 E Louise St
For Sale $1,075,000
$1,075,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 3,836 Sq Ft
Description
Welcome to 402 E Louise Street, an exceptional 4-unit income property in North Long Beach featuring two newer ADUs built in 2022. The original duplex was also recently remodeled and was improved with an additional bedroom making both original units 2 bed/1 bath each. This well-maintained asset offers an exceptional blend of stable cash flow, modern construction, very low maintenance and future rent upside. The property consists of two 2-bed/1-bath units, one 1-bed/1-bath and one studio. All separately metered (electric, gas and water) and fully occupied with reliable tenants. Current monthly income is $6,761 ($81,132 annually) with proven upside toward market rents. Both ADUs are in excellent condition and reduce long-term maintenance costs, making this an ideal turnkey investment. Situated on a quiet residential street near shopping, schools, and major commuter routes, this property qualifies for residential 1–4 unit financing, appealing to both investors and owner-users. A fantastic opportunity to own a versatile, income-producing property with legal ADUs and strong long-term value. Don’t miss this rare, high-performing 4-plex in the heart of Long Beach!
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,075,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1925 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7127022034 |
| MLS # | CV25263994 |
| Property ID | 292064382 |
| Lot Sqft | 3,836 |
| Zoning | Unknown |
| Total Units | 4 |
| Days on Market | 60 |
| Original List Price | $1,075,000 |
| Date Updated | December 04, 2025 |
| Date Created | December 03, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $81,132 | $0 |
| Net Income (Yr) | $ 64,906 |
| Cap Rate | 5.5% |
Listing Provided By
Zayda Aguirre-Arriaza an agent of . Lic #01999166
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of December 04, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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- 30 mins
- America/Phoenix
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Robert Crawford
REAL ESTATE AGENT