251 E Nevada Street, Property Listing: MLS® #IG25071699

Located in Long Beachs Wrigley neighborhoodan area benefiting from ongoing city investment and revitalization251 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 buildingsan 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.

251 E Nevada Street, Property Listing: MLS® #IG25071699 Close
Page Summary
NEW
  • MLS® #: IG25071699
  • 251 E Nevada Street
  • , CA 90806
  • $1,399,000
  • 0.15 Acres
  • Office: Keller Williams Realty

Located in Long Beachs Wrigley neighborhoodan area benefiting from ongoing city investment and revitalization251 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 buildingsan 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.

Supplemental Remarks

Essential Information

  • MLS® #IG25071699
  • Listing Price$1,399,000
  • Original Listing Price$1,399,000
  • Date ListedMarch 28th, 2025
  • Days on Market6
  • Bathrooms0.00
  • Acres0.15
  • Lot Sq.Ft.6,429
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0
  • Total Monthly Dues$83

Community Information

  • Address251 E Nevada Street
  • AreaLONG BEACH (90806)
  • SubdivisionSoutheast Wringley
  • CountyLos Angeles
  • StateCA
  • Zip Code90806

Amenities

  • PoolN/K

Interior

  • # of Stories2

Exterior

  • Lot DescriptionCurbs, Sidewalks
  • RoofComposition
Print this Page

Property Location

Get directions to this property:
Please provide a valid email address.

Nearby Schools in

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS®, Inc.

Listing information last updated on May 14th, 2025 at 2:38am PDT.