Huge 1960's construction 4 unit in 5 blocks to the beach with all townhome style units. Extra large owner's unit currently configured as 2 beds and 2 baths, but originally 3 beds with primary suites. Three other large two story 2 bedroom units, one with 1 bath, and two with 2 baths. 2 out of 4 units recently remodeled with vinyl floors, new kitchens, and bathrooms. Large lot with 5 garages spaces plus extra square footage in the rear. Very attractive metrics at $291/square foot, 12.3X GRM on actuals with a significant 16% upside to 10.5X GRM and a market cap rate of 5.8%.
Ideal location in the heart of Alamitos Beach only 5 blocks to the sand. 3 blocks from Downtown Long Beach's East Village Arts District with numerous restaurants, retail, and entertainment options. Over $8 Billion in new development in the immediate vicinity. 63% of households within 5 miles are renters with an average household income of $98,000+ (per CoStar research).
Sold for $1,392,000
Listing Provided by: Buckingham Investments, Inc
Bought with: Sage Real Estate Group, Inc.
$1,392,000
573 Nebraska Ave, Long Beach, CA 90802
8beds
7baths
4,800sqft
Quadruplex
Built in 1967
-- sqft lot
$1,399,200 Zestimate®
$290/sqft
$2,975 Estimated rent
Home value
$1,399,200
$1.27M - $1.54M
$2,975/mo
Zestimate® history
Owner options
List your home for rent
$2,975/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,975/mo
Rent Zestimate®
Refinance and save
$8,873/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$8,873/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listing Provided by:
Anthony Walker DRE #01908153 310-561-4776,
Buckingham Investments, Inc,
Josh Ess DRE #02035659 310-982-7055,
Buckingham Investments, Inc
Bought with:
Nicholas Cordero, DRE #02165922
Sage Real Estate Group, Inc.
Source: CRMLS,MLS#: SB25232214
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 7
Appliances
- Laundry: None
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,800
- Total interior livable area: 4,800 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage Faces Front
- Garage spaces: 5
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 7,387 sqft
- Features: Rectangular Lot
Details
- Parcel number: 7266016024
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1967
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Suburban
Location
- Region: Long Beach
- Subdivision: Downtown (Dt)
Other
Other facts
- Listing terms: Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2025 | Sold | $1,392,000-0.2%$290/sqft |
Source:  CRMLS #SB25232214 Report a problem | ||
| 10/20/2025 | Contingent | $1,395,000$291/sqft |
Source: CRMLS #SB25232214 Report a problem | ||
| 10/4/2025 | Listed for sale | $1,395,000+39.5%$291/sqft |
Source: CRMLS #SB25232214 Report a problem | ||
| 10/14/2016 | Sold | $1,000,000+156.4%$208/sqft |
Source: Public Record Report a problem | ||
| 12/26/2001 | Sold | $390,000$81/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,862 +4.5% | $1,160,580 +2% |
| 2024 | $15,172 +1.7% | $1,137,825 +2% |
| 2023 | $14,920 +6.4% | $1,115,515 +2% |
| 2022 | $14,017 +2.1% | $1,093,643 +2% |
| 2021 | $13,725 +0.3% | $1,072,200 +1% |
| 2020 | $13,688 | $1,061,207 +2% |
| 2019 | $13,688 +4.6% | $1,040,400 +2% |
| 2018 | $13,087 | $1,020,000 +2% |
| 2017 | $13,087 +1.1% | $1,000,000 +105.5% |
| 2016 | $12,951 +105.1% | $486,682 +1.5% |
| 2015 | $6,315 +4.4% | $479,373 +2% |
| 2014 | $6,049 | $469,984 +2.5% |
| 2012 | -- | $458,688 +2% |
| 2011 | -- | $449,695 +0.8% |
| 2010 | -- | $446,336 -0.2% |
| 2009 | -- | $447,398 +2% |
| 2008 | -- | $438,626 +2% |
| 2007 | -- | $430,026 +2% |
| 2006 | -- | $421,595 |
| 2005 | -- | $421,595 +4% |
| 2004 | -- | $405,226 +1.9% |
| 2003 | -- | $397,800 +2% |
| 2002 | -- | $390,000 +86.4% |
| 2000 | -- | $209,251 |
Find assessor info on the county website
Neighborhood: Hellman
Nearby schools
GreatSchools rating
- 5/10Stevenson Elementary SchoolGrades: K-5Distance: 0.6 mi
- 4/10Franklin Classical Middle SchoolGrades: 6-8Distance: 0.2 mi
- 7/10Polytechnic High SchoolGrades: 9-12Distance: 1.1 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,399,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,399,200
- California
- Los Angeles County
- Long Beach
- 90802
- Hellman
- 573 Nebraska Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Long Beach Topics
