1070 Loma Vista Drive Long Beach, CA 90813
Listing Courtesy of: CRMLS / Coldwell Banker Realty / Devin Lucas / Courtney Lucas - Contact:  949-478-1135

  1070 Loma Vista Drive Long Beach, CA 90813

Active (8 Days)
$1,299,900

Description

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!

MLS #:
NP24251827
Lot Size
6,674 SQFT
Type
Multifamily
Year Built
1919
Views
Trees/Woods, River, Park/Greenbelt, Neighborhood
County
Los Angeles County
Community
Willmore District (Wm)

Listed By

Devin Lucas, DRE #01912302 CA, Coldwell Banker Realty, Contact: 949-478-1135
Courtney Lucas, DRE #02015514 CA, Coldwell Banker Realty
Source
CRMLS
Last checked Jan 16 2025 at 5:22 AM GMT+0000
Bathroom Details
Interior Features
  • Water Heater
  • Laundry: Washer Hookup
  • Laundry: Gas Dryer Hookup
  • Laundry: Electric Dryer Hookup
  • Laundry: Inside
  • Storage
  • Stone Counters
  • Quartz Counters
  • Open Floorplan
  • Galley Kitchen
  • All Bedrooms Down
Subdivision
  • Willmore District (Wm)
Property Features
  • Foundation: Slab
Heating and Cooling
  • Wall Furnace
  • Natural Gas
  • Electric
Flooring
  • Laminate
  • Tile
Utility Information
  • Utilities: Water Source: Public, Water Connected, Water Available, Sewer Connected, Sewer Available, Electricity Connected, Electricity Available
  • Sewer: Public Sewer
Parking
  • Driveway
Stories
  • 1
Additional Information: Newport Beach | 949-478-1135
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. 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. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.