5536 E Daggett Street

Long Beach, CA 90815

$2,200,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1963

calendar_month Built

Property Description

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.

Listing Information

List Price $2,200,000
Status Active
MLS PW25047352
Type Residential Income
Subtype Quadruplex
Year Built 1963
Lot Size 6,319
Structure Size N/A
DOM 1
Courtesy Of Sage Real Estate Group, Inc.
Listing Agent Juan Huizar DRE#01417642
Co-Listing Agent Jignesh Patel DRE#01941349

Interior Features

Laundry Information
Location(s) Common Area, See Remarks
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Cooling Type
Cooling Type Central Air
Heating Type
Heating Type Heat Pump

Exterior Information

Other Structures
Views None

Maps

home_work Nearby Properties

Listing information courtesy of: Juan Huizar, Jignesh Patel, Sage Real Estate Group, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Mar 14th, 2025 at 5:02 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.