Sold for $1,780,000

Listed by: Coldwell Banker Realty • Mark Johnson • Contact: 562-494-4600

Bought with: Think Boutiq Real Estate

$1,780,000

271 Covina Ave APT 4, Long Beach, CA 90803

5beds

4baths

2,880sqft

Quadruplex

Built in 1943

-- sqft lot

$1,770,500 Zestimate^®

$618/sqft

$3,330 Estimated rent

Home value

$1,770,500

$1.59M - $1.97M

$3,330/mo

Zestimate^® history

Owner options

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$3,330/mo

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$3,330/mo

Rent Zestimate^®

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$11,432/mo

Est. payment

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$11,432/mo

Est. payment

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What's special

Great curb appealOwn laundryLaundry room on-site

Tremendous opportunity to own this pride of ownership building in a fabulous location. The location in highly sought after Belmont Park north of 2nd street, but very walkable down to the hustle and bustle of 2nd street. One of the 4 units has been converted into a 2 bedroom, and 2 of the units have their own laundry. There is also a laundry room on-site and the 4 garages. All of the units are currently rented and there is still some room for rent increase currently. The building has great curb appeal and great for owner occupied or to add to your investment portfolio. Potential for ADU's over garages, this has been done on same block Buyer to investigate.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4

Appliances

Laundry: Common Area

Features

Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 2,880
Total interior livable area: 2,880 sqft

Property

Parking

Total spaces: 4
Parking features: Garage
Garage spaces: 4

Features

Entry location: 1
Pool features: None

Lot

Size: 4,757 Square Feet
Features: 2-5 Units/Acre

Details

Parcel number: 7249012031
Zoning: LBR4R
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex
Attached to another structure: Yes

Condition

New construction: No
Year built: 1943

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Biking, Curbs, Street Lights, Sidewalks
Subdivision: Belmont Park (Bp)

Location

Region: Long Beach

Financial & listing details

Price per square foot: $618/sqft
Date on market: 6/26/2025
Cumulative days on market: 17 days
Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,FHA,VA Loan
Total actual rent: 9200
Tenant pays: Cable TV, Electricity, Gas, Trash Collection

Price history

Date	Event	Price
7/31/2025	Sold	$1,780,000-1.1%$618/sqft
Source: CRMLS #PW25142602 Report a problem
7/15/2025	Contingent	$1,799,000$625/sqft
Source: CRMLS #PW25142602 Report a problem
6/26/2025	Listed for sale	$1,799,000$625/sqft
Source: CRMLS #PW25142602 Report a problem