3519 E Colorado, Long Beach, CA 90814
Turnkey Quadruplex in Belmont Heights | In-Unit Laundry | Prime Location. New-construction feel without the wait. Fully renovated 4 units, perfectly timed ahead of the 2028 Olympics. With 11 different sporting events and 161 ticketed events in Long Beach, imagine the need for housing. Located in the highly desirable Belmont Heights neighborhood, you are only 0.7 miles from the coastal rowing events and 1.4 miles from rowing and canoeing events. This property is in the middle of it all, within one of Long Beach’s most established rental corridors, designed for immediate performance and long-term upside. The unit mix includes (TWO) 2-bed/1-bath residences and (TWO) 1-bed/1-bath residences, each featuring in-unit laundry. Significant improvements include new plumbing and electrical, a new roof on the front building, upgraded kitchens and baths, new flooring, and refreshed landscaping. Current rental performance reflects approximately $14,500 in total monthly income, with one two-bedroom unit at $4,500 per month, the second at $4,000 per month, and each one-bedroom unit at $3,000 per month each. Located minutes from Belmont Shore, Retro Row, neighborhood grocery stores, dining, and convenient access to the 405 and 22 freeways, this asset combines everyday livability with strong rental fundamentals. Long-term growth potential is further supported by Long Beach’s continued infrastructure investment and proximity to upcoming regional demand drivers, including the 2028 Olympics.
Bedrooms
6
Bathrooms
6
Square Feet
2,276
Lot Size
3,804 sqft
Year Built
1920
Property Type
Quadruplex
Days on Market
21
HOA Fee
N/A
Garage Total
0
MLS #
DW26007222
Laundry
Inside
Main Level Bedrooms
7
Main Level Bathrooms
7
Cooling
See Remarks
Lot Features
Two To Five Units Acre
Sewer
Public Sewer
Water Source
Public
Curbs, Sidewalks
$0
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Based on price, location, and features
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