5536 E Daggett Street, Long Beach, CA

$2,200,000

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8

Beds

8

Baths

5,135

Square feet

0.15

Acres

About 5536 E Daggett Street

Sage Real Estate is proud to present 5536 E. Daggett Ave, a rare multifamily investment opportunity in the highly sought-after Los Altos neighborhood of Long Beach (90815). Surrounded primarily by single-family homes with an average sales price of $1,100,000, this property stands out as one of the few fourplexes in the area. Out of the 2,848 fourplexes in Long Beach, only 5% are located in this zip code, and no similar property has sold in this part of Los Altos in over five years. At 5,135 square feet, this is one of the largest fourplexes in Long Beach. This well-maintained four-unit building features spacious 2-bedroom, 2-bathroom units, each approximately 1,075 sq. ft. Additionally, a brand-new ADU offers 1 bedroom, 1 bathroom, and 835 sq. ft. of living space, and will be delivered vacant at closing, providing an excellent opportunity for owner occupancy or additional rental income. The current rental income from the four occupied units is $2,178, $2,500, $1,955, and $1,383 per month, with additional income potential from the ADU. Unit 3, considered the **owners unit**, features air conditioning for added comfort. Two of the units have in-unit washer/dryer hookups, while the remaining three share a common area laundry. All units are upgraded with dual-pane windows. Heating systems vary by unit, with most featuring efficient heat pumps, while Unit 4 is equipped with radiant heat. The property is equipped with all-new electrical main panels, four garages, and RV parking. With strong rental demand, immediate cash flow, and long-term appreciation potential, this is an excep

Features of 5536 E Daggett Street

MLS® # PW25059279
Price $2,200,000
Bedrooms 8
Bathrooms 8.00
Full Baths 8
Square Footage 5,135
Acres 0.15
Year Built 1963
Type Residential
Sub-Type All Other Attached
Status Closed

Community Information

Address 5536 E Daggett Street
City Long Beach
County Los Angeles
State CA
Zip Code 90815

Amenities

Parking Spaces 5
Parking Assigned
# of Garages 4
View N/K
Is Waterfront No
Has Pool No
Pool N/K

Interior

Heating Heat Pump
Cooling Central Forced Air
Fireplace No
Fireplaces N/K
# of Stories 2
Stories 2 Story

Exterior

Lot Description Curbs

Additional Information

Date Listed March 7th, 2025
Days on Market 20
Zoning LBR4R
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSage Real Estate Group, Inc.

Listing Map

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