Active

5536 E Daggett Street

Long Beach CA, 90815

$2,200,000


$428.43 per sqft

Active

5,135 sqft

Multi-family

Built in 1963

Listed by Juan Huizar with Sage Real Estate Group, Inc. 562-307-0838

Sage Real Estate is proud to present 5536 E. Daggett Ave, a rare multifamily investment opportunity in the highly sought-after Los Altos neighborhood of Long Beach (90815). Surrounded primarily by single-family homes with an average sales price of $1,100,000, this property stands out as one of the few fourplexes in the area. Out of the 2,848 fourplexes in Long Beach, only 5% are located in this zip code, and no similar property has sold in this part of Los Altos in over five years.

At 5,135 square feet, this is one of the largest fourplexes in Long Beach. This well-maintained four-unit building features spacious 2-bedroom, 2-bathroom units, each approximately 1,075 sq. ft. Additionally, a brand-new ADU offers 1 bedroom, 1 bathroom, and 835 sq. ft. of living space, and will be delivered vacant at closing, providing an excellent opportunity for owner occupancy or additional rental income. The current rental income from the four occupied units is $2,178, $2,500, $1,955, and $1,383 per month, with additional income potential from the ADU.

Unit 3, considered the **owner's unit**, features air conditioning for added comfort. Two of the units have in-unit washer/dryer hookups, while the remaining three share a common area laundry. All units are upgraded with dual-pane windows. Heating systems vary by unit, with most featuring efficient heat pumps, while Unit 4 is equipped with radiant heat.

The property is equipped with all-new electrical main panels, four garages, and RV parking. With strong rental demand, immediate cash flow, and long-term appreciation potential, this is an exceptional investment opportunity in one of Long Beach's most desirable neighborhoods.

PW25047352

MLS ID

March 13, 2025

Listed

March 14, 2025

Updated

Interior Features

Total Stories

2


Laundry Description

Common Area, Electric Dryer Hookup, Gas Dryer Hookup


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Heat Pump

Exterior/Building Features

Lot Size

0.15 Acres


Lot Features

0-1 Unit/Acre


Sewer

Public Sewer

Other Property Details

Area Name

34 - Los Altos, X-100


Garage

Yes


Garage Spaces

4


Parking

Assigned


Parking Total

5


View

No


View Description

None


County

Los Angeles


Water Source

Public


Pool Features

None


Zoning

LBR4R

Listing Contact: 562-400-7622 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/14/2025. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2025 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/14/2025 at 10:39 AM UTC

 

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