1444 E 16th Street
Long Beach, CA 90813

Awesome 7-Unit Rental Property with Major Upside Potential!Dont miss this unique investment opportunity featuring 7 rental units spread across 5 individual buildings in a well-maintained compound. With strong tenant stability and significant room for rent increases, this is the perfect value-add property for savvy investors.Each unit has its own individual water heater and separately metered gas and electricity, making this a low-maintenance investment with minimal owner expenses. Very quiet and stable tenants. Units are unfurnished; tenants provide their own refrigerators and stoves. Current rents are below market, providing a great opportunity to increase cash flow over time with strategic updates or new leases.This is a rare chance to acquire a solid, income-generating property with room to grow in a desirable rental market. Dont miss out! Unit Breakdown:4 standalone 1 bed / 1 bath cottages1 standalone 2 bed / 1 bath 1 building with two units EACH 2 bed / 1 bath Property Highlights:Each unit has its own individual water heaterCopper plumbing throughout3 units fully remodeled approximately 4 years agoRoofing is approx. 10 years old with 15 years remaining on a 25-year roofTenants pay their own gas and electricityLow-maintenance investment with upside on current rentsOff-street parking for all unitsspaces available inside the compound and at the alley