$1,598,000
486 E Adair, Long Beach CA 90805
Multi-Family (Triplex)
Property type
32 days
On market
$571
Price per sqft
0 cars
Garage
1939
Year built
6,089 sqft
Lot size
Home highlights
Open Houses
Overview
(4) unit multi-family building in Long Beach, CA. The building features unit mix of (1) 3 Bed/1 Bath unit and (3) 1 Bed/1 Bath units stretching across 2,800+/- rentable square feet. This stabilized asset offers tremendous opportunity for 1031 exchange buyers looking to increase their cash flow on Day 1. Further, a substantial portion of Rental Income of rents secured by...
Listing provided by: Nhat Nguyen DRE #02254340, Villa Real Estate Partners Inc
Listing updated: May 6, 2026 at 07:25pm.
Last checked: Jun 4, 2026 at 12:30pm
Source: CRMLS #PW26096551
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 4 | 6 | 1 | — | $8,900 | $8,900 | $0 | Unfurnished |
# of Buildings: 3
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 4
Dishwasher: 4
Ranges: 4
Rent Control: Yes
Units Leased: 4
Total Actual Rent: $8,900
Tenant Pays: All Utilities, Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
179.6x
List Price / Annual Gross Rent
Cap Rate
0.02%
NOI / List Price
Gross Scheduled Income: $8,900
Operating Expense: $300
Net Operating Income: $300
Annual Operating Expenses
Insurance: $2,600
Trash: $0
Interior
Interior Features: Ceiling Fans
Room Type: Kitchen, Living Room
Flooring: Laminate
Cooling: None
Heating: Electric
Appliances: Dishwasher, Gas Range
Fireplace: None
Laundry: Common Area
Entry Location: 1
Exterior
Architectural Style: Cottage, Ranch
Property Attached: Yes
Stories Total: 2
Levels: One, Multi Split
Roof: Asphalt
Foundation: Concrete Perimeter
Construction Materials: Asphalt, Lap Siding
Property Condition: Turnkey
Common Walls: One Common Wall
Direction Faces: North
Lot Features: Corner Lot
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
Utilities: Electricity Available, Natural Gas Available
View: None
Garage and Parking
Parking: None
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7125015029
Additional Parcels: No
Tax Lot: 46
Tax Block: 6
Subdivision: North Long Beach (NLB)
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Stables, Sidewalks
Nearby Schools
Nearby schools around the 486 E Adair, Long Beach, CA 90805. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,278,400
Total Interest
$1,630,529
Total Payment
$2,908,929
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$9,895
per month
Property History for 486 E Adair
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90805.
Similar Homes
Listings with similar prices to 486 E Adair