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Listing view 3

1070 Loma Vista Drive, 
Long Beach, CA 90813

$1,299,900

Bed


Bath


2,644

Sq Ft


Multi-Family

Virtual Tour

Active

Listed by

Devin Lucas

Courtney Lucas

Coldwell Banker Realty

949-644-1600

Last updated:

January 23, 2025, 11:44 AM

MLS#

NP24251827

Source:

CRMLS

Street View
About This Home
1070 Loma Vista Drive

Discover an exceptional investment opportunity in the heart of Long Beach! This versatile 5-unit rental property offers a highly desirable layout and prime location, making it an easy-to-rent option for savvy investors or owner-occupants. At the front of the expansive lot, a cozy 2-bedroom, 1-bath house greets you with its inviting character. The front house offers a private garage and a dedicated laundry area. Step inside to find a comfortable living space with plenty of potential to make it your own home, or use as the premier rental unit of the five offerings. Behind the front house, you'll find four (4) additional 1-bedroom, 1-bath units, each with its own covered front porch-perfect for enjoying Long Beach's coastal breeze. One of these units was just beautifully remodeled and is now vacant, ready to welcome a new tenant or even a potential owner. The remodeled unit features wide plank light oak laminate flooring, custom built-in cabinetry in the living room, crisp white shaker kitchen cabinets, elegant quartz countertops, and stylish five-panel shaker doors. With new plumbing and abundant natural light, this unit stands out as a bright and modern living space, showcasing the possibilities with the remaining units. The other four units are tenant-occupied, offering steady income from day one, and they come with great potential for updates to further increase investment value. Each unit has its own separate electric and gas meter, adding convenience for both tenants and management. Situated on a spacious 6,674 sq. ft. lot, this property also boasts a recently replaced roof, and designation within the Historic District. The location is unbeatable-just 1.5 miles from Shoreline Village, where you'll find a variety of dining and entertainment options. The iconic Queen Mary is only 2 miles away, and Drake Park, with its soccer fields, tennis courts, and playground, is within walking distance. Around the corner, you'll also discover the Historic Bembridge House, adding a touch of local charm and history to the neighborhood. This property offers the perfect blend of modern updates, historic appeal, and prime location, making it a rare gem in Long Beach. Whether you're looking to grow your investment portfolio or secure a steady income stream, 1070 Loma Vista Drive is a must-see. Don't miss this incredible opportunity!

Home Facts

Multi-Family

Built in 1919

Price Summary

1,299,900

$491 per Sq. Ft.

MLS #:

NP24251827

Last Updated:

January 23, 2025, 11:44 AM

Added:

2 month(s) ago


Rooms & Interior
Interior

Living Area:

2,644 Sq. Ft.


Structure
Structure

Building Area:

2,644 Sq. Ft.

Year Built:

1919


Lot

Lot Size (Sq. Ft):

6,673


Finances & Disclosures
Finances

Price:

$1,299,900

Price per Sq. Ft:

$491 per Sq. Ft.

Source:CRMLS
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). Coldwell Banker Kivett-Teeters Associates is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Kivett-Teeters Associates, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.
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