1070 N Loma Vista Drive, Long Beach, CA 90813

$1,149,900

Located in a Qualified Opportunity Zone, this exceptional investment opportunity sits in the heart of Long Beach! This versatile 5-unit rental property offers a highly desirable layout and prime location, making it an easy-to-rent option for savvy investors or owner-occupants. At the front of the expansive lot, a cozy 2-bedroom, 1-bath… Read More house greets you with its inviting character. The front house offers a private garage and a dedicated laundry area. Step inside to find a comfortable living space with plenty of potential to make it your own home, or use as the premier rental unit of the five offerings. Behind the front house, you’ll find four (4) additional 1-bedroom, 1-bath units, each with its own covered front porch—perfect for enjoying Long Beach’s coastal breeze. One of these units was just beautifully remodeled and is now vacant, ready to welcome a new tenant or even a potential owner. The remodeled unit features wide plank light oak laminate flooring, custom built-in cabinetry in the living room, crisp white shaker kitchen cabinets, elegant quartz countertops, and stylish five-panel shaker doors. With new plumbing and abundant natural light, this unit stands out as a bright and modern living space, showcasing the possibilities with the remaining units. Of the other four units, three are tenant-occupied, offering steady income from day one, and they come with great potential for updates to further increase investment value. Each unit has its own separate electric and gas meter, adding convenience for both tenants and management. Situated on a spacious 6,674 sq. ft. lot, this property also boasts designation within the Historic District. The location is unbeatable—just 1.5 miles from Shoreline Village, where you’ll find a variety of dining and entertainment options. The iconic Queen Mary is only 2 miles away, and Drake Park, with its soccer fields, tennis courts, and playground, is within walking distance. Around the corner, you’ll also discover the Historic Bembridge House, adding a touch of local charm and history to the neighborhood. This property offers the perfect blend of modern updates, historic appeal, and prime location, making it a rare gem in Long Beach. Whether you’re looking to grow your investment portfolio or secure a steady income stream, 1070 N Loma Vista Drive is a must-see. Don’t miss this incredible opportunity! Read Less

Property listed by Coldwell Banker Realty, Devin Lucas 949-478-1135

Listing Snapshot

Days Online

Last Updated

Feb 10, 2026

Property Type

Quadruplex

Lot Size

0.15 Acres

Year Built

1919

MLS Number

NP26011210

Additional Details

Property Access

Frontage Type: CityStreet, Road Surface: Paved

Appliances & Equipment

WaterHeater

Building

Built in 1919, 2 buildings, 1 storey, Levels: One, Entry level: 1, Entry location: 1

Community

Curbs, Park, StreetLights, Sidewalks, Urban

Cooling

None

Expenses

Gardener: $650, Insurance: $563, Licenses: $313, Maintenance: $1,694, Operating: $7,547, Water/Sewer: $2,305, Other Expense: $2,022

Fence

ChainLink

Fireplaces

None

Floors

Laminate, Tile, Wood

Foundation

Slab

Garage

1 spaces

Heating

Electric, NaturalGas, WallFurnace

Home Owner's Association

Association Fee: $0

Income

Gross ScheduledIncome: $72,480, Net Operating Income: $64,933

Interior Features

BuiltInFeatures, OpenFloorplan, QuartzCounters, StoneCounters, Storage, AllBedroomsDown, BedroomOnMainLevel, GalleyKitchen

Laundry

WasherHookup, ElectricDryerHookup, GasDryerHookup, Inside

Lot

0.1532 acres, TwoToFiveUnitsAcre

Parking

3 open parking spaces, 4 total parking spaces, Driveway

Pool

None

Property

UpdatedRemodeled, ParkGreenbelt, Neighborhood, River, TreesWoods

Security Features

SmokeDetectors, WindowBars

Sewer

PublicSewer

Taxes

Additional parcels description:, Parcel Number: 7271021001, Lot: 7271

Tenant Pays

CableTv, Electricity, Gas, Telephone

Utilities

ElectricityAvailable, ElectricityConnected, SewerAvailable, SewerConnected, WaterAvailable, WaterConnected, Water Source: Public, Standard, 5 separate electric meters, 5 separate gas meters

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